Anonymous wrote:Joseph - please don't write this story.
Anonymous wrote:Anonymous wrote:Joseph, I look forward to your story. Don't think we can help, though. The cost of living here is insane to us. We have $3M in the bank, a low mortgage, and 2 kids getting ready for college. We have HHI of $300K. we don't feel rich with that after we pay for upper middle life style. There are so many around us that are richer. Where do they all come from? We stay here b/c where else would we get that salary?
You have 3 million dollars in the bank and that doesn't help you relax at all?
Anonymous wrote:Joseph, I look forward to your story. Don't think we can help, though. The cost of living here is insane to us. We have $3M in the bank, a low mortgage, and 2 kids getting ready for college. We have HHI of $300K. we don't feel rich with that after we pay for upper middle life style. There are so many around us that are richer. Where do they all come from? We stay here b/c where else would we get that salary?
Anonymous wrote:Washingtonian magazine is doing a story on what it costs to live in the DC area now and we're looking for personal stories -- stories about people who are doing well or people who are struggling or just people who are surprised about how much money it takes to live in this area today.
Although this list is by no means comprehensive, here are a few examples of what we're looking for:
* New homeowners who are finding their mortgages to be a stretch.
* Would-be-homeowners who are unable to find something affordable, no matter where they look.
* Renters who have found it hard to find an affordable place to live, or who have scored a spot that's under-market and plan to stay as long as possible.
* People who are making solid, even great incomes — let’s call it $400,000 a year or so — but are finding that even with that much money coming in, far too much is going out. The house. The nanny. The social commitments. The far-too-expensive restaurants in the neighborhood. Et cetera.* People who could be defined as middle class and yet feel like they’re always just one missed paycheck away from failing to make the rent/mortgage/car payment.
* People who are getting by okay, but can’t figure out how in the world everyone else around them seems to be able to afford the house, the nanny, the social commitment, and the far-too-expensive restaurants.
* People who are killing it. Who feel like they’re doing a lot better here than they could/would do elsewhere.
Said more briefly: Are you someone who believes that it takes an almost uncomfortably large amount of money to live in the Washington area today? Or are you someone who thinks concerns over DC's cost of living are overblown? And, either way, are you someone who -- or do you know someone who -- would be willing to talk about what it costs for YOU to live here now?
We're hoping to hear from folks at all different income levels who are from all over the area -- the District, Fairfax, Great Falls, McLean, Chevy Chase, Potomac, Arlington, Alexandria, and anywhere and everywhere else around here where money seems to be more important than ever.
Ideally, we're looking for sources who would be okay with being identified. But if you or someone you know is sensitive about revealing their financial standing, we'd also consider protecting identities.
The deadline is fast approaching for this. I need stories by September 8. So if you'd like to share your story or pass along my contact info to someone you know who might have a good tale to tell, please do. My contact information follows.
Thank you.
— —— — ——
Joseph Guinto
joeguinto@gmail.com
www.josephguinto.com/wp
Anonymous wrote:This should be entertaining. Is the person here with the 400k household income and identifies as "middle class" going to respond with her struggles to afford living in the area?
Anonymous wrote:Does there really need to be an article highlighting people who make 8 times a middle class income complain about how there is no money left after they spend and save it all? Is this really for the onion?
Anonymous wrote:Washingtonian magazine is doing a story on what it costs to live in the DC area now and we're looking for personal stories -- stories about people who are doing well or people who are struggling or just people who are surprised about how much money it takes to live in this area today.
Although this list is by no means comprehensive, here are a few examples of what we're looking for:
* New homeowners who are finding their mortgages to be a stretch.
* Would-be-homeowners who are unable to find something affordable, no matter where they look.
* Renters who have found it hard to find an affordable place to live, or who have scored a spot that's under-market and plan to stay as long as possible.
* People who are making solid, even great incomes — let’s call it $400,000 a year or so — but are finding that even with that much money coming in, far too much is going out. The house. The nanny. The social commitments. The far-too-expensive restaurants in the neighborhood. Et cetera.
* People who could be defined as middle class and yet feel like they’re always just one missed paycheck away from failing to make the rent/mortgage/car payment.
* People who are getting by okay, but can’t figure out how in the world everyone else around them seems to be able to afford the house, the nanny, the social commitment, and the far-too-expensive restaurants.
* People who are killing it. Who feel like they’re doing a lot better here than they could/would do elsewhere.
Said more briefly: Are you someone who believes that it takes an almost uncomfortably large amount of money to live in the Washington area today? Or are you someone who thinks concerns over DC's cost of living are overblown? And, either way, are you someone who -- or do you know someone who -- would be willing to talk about what it costs for YOU to live here now?
We're hoping to hear from folks at all different income levels who are from all over the area -- the District, Fairfax, Great Falls, McLean, Chevy Chase, Potomac, Arlington, Alexandria, and anywhere and everywhere else around here where money seems to be more important than ever.
Ideally, we're looking for sources who would be okay with being identified. But if you or someone you know is sensitive about revealing their financial standing, we'd also consider protecting identities.
The deadline is fast approaching for this. I need stories by September 8. So if you'd like to share your story or pass along my contact info to someone you know who might have a good tale to tell, please do. My contact information follows.
Thank you.
— —— — ——
Joseph Guinto
joeguinto@gmail.com
www.josephguinto.com/wp