Reply to It’s extremely hard to raise kids in a nice neighborhood without generational wealth

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[quote=Anonymous][quote=Anonymous]7 pages in and everyone is contributing their own version of “screw you, I got mine” while ignoring OP was focused on those under 35 buying $2-3M homes.

We get that many of you saved aggressively and traded up between mid 30s to 50s. You all keep repeating the same story that ironically was only possible for most of you because of unprecedented property appreciation in this country since 2008. Yet you all think you’re brilliant for benefitting from a macroeconomic trend.

How many PP’s bought a $2-3M home under 35 with kids without parental support or a trust in the DC area?[/quote]

I suspect the answer is none because very few people do this.  OP started with a false premise, bemoaning that everyone is doing this—when in fact very few people are.   It’s like bemoaning that everyone is spending their spring break skiing in Switzerland and it’s so sad that she can’t.  Yeah, there are rich people that do rich people things that the rest of us can’t do.

We also had zero appreciation on our starter home — we sold it for exactly what we bought it for.  But because we bought in a neighborhood with terrible schools, it was super cheap and allowed us to save money when our kids were little and the schools didn’t matter.  [/quote]

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