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[quote=Anonymous][quote=Anonymous]Another out of town lurker here with a prospect to relocate.  Many of you seemed to earn a bundle in the 90s before the housing boom.  I was still in high school then.  How do people in their early 30s and younger manage in DC?[/quote]

Like many of the other posters have said on here, there are trade offs.  If you want close-in and you don't make 500K a year and didn't buy your first house in the 90s, you buy something smaller and older.  We live in Arlington, make just under 250K a year (DH is in govt relations, I am a teacher) in a typical 3 bedroom, 2 bath Cape.  Great neighborhood, great schools, easy commute to D.C., but the house is small.  Our kitchen is tiny and old and the house could use some updating.  We paid 590K for it in 2006 and did make about 120K from a townhouse that we put toward our current mortgage.  Friends of ours bought at the same time for just about the same price out in Ashburn (30 miles west of D.C.) and their house was brand new and a lot bigger.  But they are much further out.  Their house has also LOST value since then whereas ours has gone up in value in the past 6 years.  There are a lot of people here who do make a boatload of money, but there are also those who do not and you just make it work somehow.  [/quote]

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