Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This isn't just first world problems. It's zeroth world problems.

I have no freaking idea what you're spending your money on if you're making $1mn a year and can only spend $1.7mn on a house. Even with law+medical school debt of 300k, you can pay that off in a year or two if you can "get by" in a 3BR TH paying $4k a in rent.

10:19 makes a good point, make sure hubby's not making you do more work to make HIM feel better financially.

That's the point of my post- bridging the gap between what we "can" afford and what DH is inclined to spend. Please remember the income figures were quoted in gross not net figures so you can safely lop off 35% for taxes. PLease don't forget ~60K year for childcare and preschool expenses.

$60K?

We have two in private (about $13K per year) and a nanny we share who only comes mornings ($13K/year).
total - $26K



Our home is on 2 acres with a pool. We paid about $550K. It's a fantastic SAFE area that feeds into a good school cluster, as our children will be attending public high school.

We make about $150K combined and are doing fine.

And my commute is about 30 minutes. (I'm also only PT with summers off.)

I think that those with these high incomes are always trying to keep up with the Joneses when they really don't have to. You're in that category - and your post, btw, makes you look absurd.

Who exactly do you think we are trying to keep up with and why is my post absurd? Find me a 4-5BR home in walking distance to a metro stop or main artery bus stop with commutes to downtown DC in ~30minutes during rush hours, in Fairfax, Arlington or Montgomery County with a decent sized yard for under $1M. It sounds like you spent almost 4x your combined yearly salary on a house, and it just so happens my husband is not comfortable going much above 1x a yearly salary. I wish he would move to 1.5 or 1.75x but he's not convinced. I'm glad you are comfortable in your situation, our situation would be improved if we could agree to move into the scenario above, within our price range.

i am with you on that OP. We were looking in this price range < 1mil in same ares you describe and the only few places we found were complete dumps + on busy streets, or something wrong was with them. You need 1.7 mil if you want to live in some parts of Arlington, Bethesda or NWDC and want a house that's built with 21st century family needs, and I am not even talking about new construction.

you do not NEED 1.7 mil to live in any of these areas, and many of us do for half of that in nice small houses... which is why this whole post is absolutely ridiculous. you might WANT to live in a 1.7 mil house... jesus, 1.2 million would buy you a perfectly nice house in any area in this region, and I dont' care how many kids you have, you do not NEED a 4000+ sq. ft. tear down mcmansion, although you might WANT it...

you don't really NEED indoor plumbing, either. people have done without it for centuries, you know. 1.7mil at top location buys you a nice house that is not over the top. if you have a large family and entertain a lot this is what you need. of course, you can also buy a condo in fairfax, dress at goodwill and eat bread and salt for lunch.

Were you born with the silver spoon shoved up your ass, or did you have it platinum plated and then have a plastic surgeon shove it up? But okay, yes, you might need 1.7 mil to buy in great falls for the luxury of crapping in your own back yard, but hey I guess it makes your 2 acres of grass quite green...

I am not the OP. My budget is (unfortunately) merely 600k. I would never buy in Great Falls and I prefer to live in a condo in the city.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This isn't just first world problems. It's zeroth world problems.

I have no freaking idea what you're spending your money on if you're making $1mn a year and can only spend $1.7mn on a house. Even with law+medical school debt of 300k, you can pay that off in a year or two if you can "get by" in a 3BR TH paying $4k a in rent.

10:19 makes a good point, make sure hubby's not making you do more work to make HIM feel better financially.

That's the point of my post- bridging the gap between what we "can" afford and what DH is inclined to spend. Please remember the income figures were quoted in gross not net figures so you can safely lop off 35% for taxes. PLease don't forget ~60K year for childcare and preschool expenses.

$60K?

We have two in private (about $13K per year) and a nanny we share who only comes mornings ($13K/year).
total - $26K



Our home is on 2 acres with a pool. We paid about $550K. It's a fantastic SAFE area that feeds into a good school cluster, as our children will be attending public high school.

We make about $150K combined and are doing fine.

And my commute is about 30 minutes. (I'm also only PT with summers off.)

I think that those with these high incomes are always trying to keep up with the Joneses when they really don't have to. You're in that category - and your post, btw, makes you look absurd.

Who exactly do you think we are trying to keep up with and why is my post absurd? Find me a 4-5BR home in walking distance to a metro stop or main artery bus stop with commutes to downtown DC in ~30minutes during rush hours, in Fairfax, Arlington or Montgomery County with a decent sized yard for under $1M. It sounds like you spent almost 4x your combined yearly salary on a house, and it just so happens my husband is not comfortable going much above 1x a yearly salary. I wish he would move to 1.5 or 1.75x but he's not convinced. I'm glad you are comfortable in your situation, our situation would be improved if we could agree to move into the scenario above, within our price range.

i am with you on that OP. We were looking in this price range < 1mil in same ares you describe and the only few places we found were complete dumps + on busy streets, or something wrong was with them. You need 1.7 mil if you want to live in some parts of Arlington, Bethesda or NWDC and want a house that's built with 21st century family needs, and I am not even talking about new construction.

you do not NEED 1.7 mil to live in any of these areas, and many of us do for half of that in nice small houses... which is why this whole post is absolutely ridiculous. you might WANT to live in a 1.7 mil house... jesus, 1.2 million would buy you a perfectly nice house in any area in this region, and I dont' care how many kids you have, you do not NEED a 4000+ sq. ft. tear down mcmansion, although you might WANT it...

you don't really NEED indoor plumbing, either. people have done without it for centuries, you know. 1.7mil at top location buys you a nice house that is not over the top. if you have a large family and entertain a lot this is what you need. of course, you can also buy a condo in fairfax, dress at goodwill and eat bread and salt for lunch.

Were you born with the silver spoon shoved up your ass, or did you have it platinum plated and then have a plastic surgeon shove it up? But okay, yes, you might need 1.7 mil to buy in great falls for the luxury of crapping in your own back yard, but hey I guess it makes your 2 acres of grass quite green...

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This isn't just first world problems. It's zeroth world problems.

I have no freaking idea what you're spending your money on if you're making $1mn a year and can only spend $1.7mn on a house. Even with law+medical school debt of 300k, you can pay that off in a year or two if you can "get by" in a 3BR TH paying $4k a in rent.

10:19 makes a good point, make sure hubby's not making you do more work to make HIM feel better financially.

That's the point of my post- bridging the gap between what we "can" afford and what DH is inclined to spend. Please remember the income figures were quoted in gross not net figures so you can safely lop off 35% for taxes. PLease don't forget ~60K year for childcare and preschool expenses.

$60K?

We have two in private (about $13K per year) and a nanny we share who only comes mornings ($13K/year).
total - $26K



Our home is on 2 acres with a pool. We paid about $550K. It's a fantastic SAFE area that feeds into a good school cluster, as our children will be attending public high school.

We make about $150K combined and are doing fine.

And my commute is about 30 minutes. (I'm also only PT with summers off.)

I think that those with these high incomes are always trying to keep up with the Joneses when they really don't have to. You're in that category - and your post, btw, makes you look absurd.

Who exactly do you think we are trying to keep up with and why is my post absurd? Find me a 4-5BR home in walking distance to a metro stop or main artery bus stop with commutes to downtown DC in ~30minutes during rush hours, in Fairfax, Arlington or Montgomery County with a decent sized yard for under $1M. It sounds like you spent almost 4x your combined yearly salary on a house, and it just so happens my husband is not comfortable going much above 1x a yearly salary. I wish he would move to 1.5 or 1.75x but he's not convinced. I'm glad you are comfortable in your situation, our situation would be improved if we could agree to move into the scenario above, within our price range.

i am with you on that OP. We were looking in this price range < 1mil in same ares you describe and the only few places we found were complete dumps + on busy streets, or something wrong was with them. You need 1.7 mil if you want to live in some parts of Arlington, Bethesda or NWDC and want a house that's built with 21st century family needs, and I am not even talking about new construction.

you do not NEED 1.7 mil to live in any of these areas, and many of us do for half of that in nice small houses... which is why this whole post is absolutely ridiculous. you might WANT to live in a 1.7 mil house... jesus, 1.2 million would buy you a perfectly nice house in any area in this region, and I dont' care how many kids you have, you do not NEED a 4000+ sq. ft. tear down mcmansion, although you might WANT it...

you don't really NEED indoor plumbing, either. people have done without it for centuries, you know. 1.7mil at top location buys you a nice house that is not over the top. if you have a large family and entertain a lot this is what you need. of course, you can also buy a condo in fairfax, dress at goodwill and eat bread and salt for lunch.