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Real Estate
Reply to "The seven paths to DC-area home ownership"
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[quote=Anonymous][quote=Anonymous]Deciding you want a 15 yr mortgage for your first home is certainly your prerogative, but it might be contributing to the fact that you are renting while making a good salary.[/quote] We are 40 and don't want to be paying mortgage until we are 70. And even if we took 30yr mortgage, we would still be priced out of anything nice. And I just can't bear to work all day every day for decades in order to possess something I don't like. I would feel like one of those people who sold a house and a barn for a tulip. I am not saying it's a bubble, but for me, the value is just not there. Amazingly DH and I are on the same page there.[/quote]
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