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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]Bought close-in Bethesda in the mid-90's and then traded up several years ago. So, we have a $700k mortgage on a large new $1.6M home instead of a $600k mortgage on a 1940's needs- updating-inside-the-beltway sfh that cost $750k. Timing and location, location, location of old house helped a lot. Also, both of us have always worked and salaries have increased. 1-2 vacations a year. Cars we like, but nothing crazy. Really no extravagant purchases.[/quote]
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