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Reply to "How many friends or family of yours have left the DC area recently due to the rising cost of living?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I am PP. I will say that a lot of folks we know that stick around have help, either inheritance, undergrad or grad paid by family, one or both sides of the family gave a big down payment for a home etc. We have had none of those. Not a boo hoo but an observation that many people we know who stick it out here have had significant help.[/quote] I know very few people like that but I may skew a little older than most on here. We bought as much house as we could in 2000 and have struggled some, public school, no huge vacations, 2 cars purchased in 2004 etc., but now we feel like its paying off.[/quote] PP again. Most folks I know here were finishing up school in the early 2000's and arrived mid-2000's so we were still in our early earning years as the housing market peaked. Not many people I'm friends with here would have been in a position to buy on their own with costs as they were at that time or as they are now. The few folks I know personally who bought in late 90's or 2000, were obviously getting much more house for less money, some even trading up for cash purchases due to lucky (not calculated) investments early on.[/quote]
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