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Reply to "How does anyone find a job that pays enough to afford a home here?"
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[quote=Anonymous][quote=Anonymous]You need to pay $1 million for any homes in the DC area, so you need a salary of like $500k to afford that. No one can make that much. I don’t know how anyone gets those jobs when I can’t even get accepted into the army as an officer [/quote] OP do you have kids? Are you married or single? Also where do you work? Let us know and we will brainstorm with you! It definitely is much harder to buy a home in this area these days. And many people have help from family. We saved aggressively for the 6 years (lived in a cheap neighborhood while all our friends were living in nicer areas) snd had enough to put 10% on an 850k townhome. My parents then gave us the other 10%. If it weren’t for their help we would have probably bought a much smaller townhome or lived farther away. We bought when I was pregnant with my first. Our townhome is now worth $1.2 and there is no way we can afford to sell and buy a SFM in our neighborhood. We would have to move further out which we aren’t willing to do. You need to find the combo that works for you. What are you willing to sacrifice? And what is nonnegotiable? For us it was location and size - we wanted 3 bedrooms and to be walking distance from a metro so that we could easily commute into DC. We gave up on having a SFH, a yard and a second car. [/quote]
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