Reply to The seven paths to DC-area home ownership

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here.
[quote]Question: For 8 years you rented and had a great landlord that did not increase your rent. So how much did you save?

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It gets really old when people make choices - and complain about the consequences. [/quote]
Fair question. My wife and I are in our mid-30's with Masters degrees. Basically we each spent our 20's paying down college costs on low salaries and our 30's (with better salaries) for the rest of our debts, wedding, and kid. We each have moderately-good retirement and savings going. No debt now. Very good credit scores.

To be fair, saving for a down payment has not been high on our priority list given these other considerations. Obviously, that's an issue now, but money can only be spread so thin. We don't live extravagantly if that's what your asking. No cable, limited eating out, few vacations, one car, bike to work (everyday).  
[/quote]
You are right. Some people act like if only you were not driving a fancy car ( most of us are not driving fancy cars) you would be able to save a large down payment for an overpriced house and be able to send your kid to college at $240,000 each and have a few million in the bank for retirement. Right- pick one of the three- they will not all happen.[/quote]
Aren't you just proving the PP's point?  OP didn't make enough $$ to pay for everything, so he made choices.  Good choices, but choices nonetheless.  So, there it is.  [/quote]

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