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Real Estate
Reply to "How are you able to afford the DC area - from an out-of-towner?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We're doing OK. We make about 150K, own a house, drive two very old cars, and live very simply. We're saving at least 25 percent of household income. One kid, no cable TV...[/quote] Where do you live and when did you buy? [/quote] We're in Kensington and we bought at the peak of the market. [/quote] This says it all - three times national median income and living like typical working class families throughout most of the country. I've been here since '94 and witnessed the massive bubble/price runup that essentially destroyed standards of living here. It will correct itself over time, but as other posters have said, don't move to the area just for the heck of it - big mistake.[/quote]
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