Reply to Fitting into Upper Income Neighborhood Or Where Should Live/School

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Somebody in the other thread the OP referenced noted that many desirable neighborhoods are full of residents that were "grandfathered in" and could not now easily afford the houses they live in. So if you move into a $1 million house, there probably many families that bought their houses for half that a few years ago and are living a lifestyle well below what a $1 million house implies. So this would pose a favorable force on OP's concerns about being "outclassed" by neighbors. [/quote]

Waving hand-- Over here!  We are in southern McLean HHI of $150-$180k.  We could not afford our current home and still keep our current work/family life balance. However, unless poster has children in MS and HS, that is changing fast.  Families with younger kids definitely make more than the MS/HS cohort.  We used to call our section of McLean the "braownbag" section,  but that is changing faster than the teardowns are being turned into McMansions.  [/quote]

This stuff makes me upset but whatever. We have a HHI of over 300K but since we just started out and are in our early 30s and have high kids costs we don't have enough saved to buy in places where people make half.[/quote]

PP, why does it make you upset?  See where you are in 15-20 years and then report back to me.  You will be better off.  We saved one of our incomes plus 10% of the others for three years before we bought our house and had children.   It didn't come for free and, back then our income was one third of what yours is.  If you want to feel better, we also have extra costs to spend on two children with SNs.  Does that make you feel better?

People with a HHI of $300k complaining about it make me roll my eyes.  :roll: [/quote]

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