Anonymous wrote:In the DC area a HHI should be the goal 200k. That's 100k for 2 people or 200k for one if you prefer that model. For most college gradudates that is very easy to hit by 30-35ish
So affordable housing to me is around there
That puts the mortage payment at around 4000 a month which is selling price of around 900k
If you aren't at 200k HHI or don't see how you could get there. I would consider moving plenty of other areas of the country where you can be very comfortable on say 100k HHI. The DC area isn't one of them.
For most college graduates that is not VERY EASY to hit by 30-35ish. I think you operate in a different circle of people. I went to a well respected university, and I’d say that most alumni households in this area have an HHi of $150-$175k