Reply to Millennials aren't going to buy your ugly mcmansions, silly Boomers!

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[quote=Anonymous][quote=Anonymous]I'm 34 and have one kid. No more kids for me (can't imagine paying for 2 daycare slots in DC).  My little three person family has no need and no desire for a huge house. We make do with our 1 car and 1600 sq ft "shitshack" in a [b]close-in, historic neighborhood with good public schools. DH and I bought this house in 2011, at the tail end of the recession, for less than $300K;[/b] now we have about $250K in equity. I think our situation is a lot better than people 5-10 years younger than us.

A lot of my friends have 1 or 2 kids and probably won't have more. I can't think of any that would ever buy a McMansion. We like being able to walk places. But maybe I'll eat my words in 10 years. [/quote]

Curious, where did you buy close in with good schools in 2011 for less than 300K? We bought in Upper NW in 2010, but getting something for under $700K was considered a deal (house is now worth around 900K, but smaller than yours). We did look in close-in suburbs all around the city as well. (Maybe you are far from metro? Under a mile was one of our requirements.)[/quote]

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