Anonymous
Post 10/21/2011 21:38     Subject: Re:s/o How old are you? What kind of house do you live in?
Anonymous wrote:22:14/15 - why are you going to build a new house and rent out two properties at a loss? Just curious. I didn't really understand your post.


Housing prices have gone down so low that it makes sense to buy something now to recoup what you have lost in the past. Basically we can buy a larger house for less then what we paid for our current house which would offset the negative rental income.
Anonymous
Post 10/21/2011 21:31     Subject: Re:s/o How old are you? What kind of house do you live in?
Anonymous wrote:
In clarendon a block from Metro. We have a SFH with a small yard. We didn't want lots of yardwork. We moved from the city where we had no yard--just brick patio. The yard now is perfect...fenced in for kids to play, bbq area- but can be mowed front and back in about 10-15min. Many parks to walk to nearby which is where we head evenings and weekends. The kids mainly use the yard for unsupervised kid play. I am happy we have some yard--but def. didn't want tons of land or no ability to walk everywhere (grocery stores, gym, school, restaurants, etc)


OK, I was the poster who posed the question. Our yard is only .25 acres, so it isn't like we got a LOT of land. Our lawn can be mowed in maybe half an hour? We basically wanted the same thing as you. Outside space for unsupervised play is so wonderful and something that was sorely lacking in the TH.
Anonymous
Post 10/21/2011 19:32     Subject: s/o How old are you? What kind of house do you live in?
Townhouse rentel is heaven for us, with no family handouts.
Anonymous
Post 10/21/2011 19:31     Subject: Re:s/o How old are you? What kind of house do you live in?
Anonymous wrote:
Anonymous wrote:32 and 35 with one DD in daycare. Just bought a 400k 3 bedroom TH in West Springfield. Lovely neighbors, lovely view, good schools and no yard to deal with!


just curious about the "no yard to deal with" Are families actually seeking out places without yards? I would have thought that the goal would be to have a yard for the kids to play in. Do families with no yards seek out places close to a park/playground or something?

We lived in a TH with a child for 5 years. We even lived close to many parks and playgrounds, but I know having a fenced in backyard was a HUGE part of our recent home search. It didn't have to be big - just enough space for our child to run around close to home.

I realize thay downtown living is different than suburban living. I'm just trying to figure out if people in the burbs are actually seeking out "no yard"


In clarendon a block from Metro. We have a SFH with a small yard. We didn't want lots of yardwork. We moved from the city where we had no yard--just brick patio. The yard now is perfect...fenced in for kids to play, bbq area- but can be mowed front and back in about 10-15min. Many parks to walk to nearby which is where we head evenings and weekends. The kids mainly use the yard for unsupervised kid play. I am happy we have some yard--but def. didn't want tons of land or no ability to walk everywhere (grocery stores, gym, school, restaurants, etc)
Anonymous
Post 10/21/2011 19:25     Subject: Re:s/o How old are you? What kind of house do you live in?
36/44 and we live in a 3br/2.5ba rowhouse on the Hill. We bought 7 years ago, so I guess we were 29/36 back then. Both DOJ lawyers, no family money. Just super lucky that banks were making crazy 0% down loans at that time, and that we have steady, sufficient incomes that have allowed us to refinance to something sustainable for the long term.

DH would like to be in the suburbs, but we literally have a 10-minute commute, a grocery store around the corner we can walk to, and a metro station across the street. We are not budging.
Anonymous
Post 10/21/2011 16:42     Subject: Re:s/o How old are you? What kind of house do you live in?
PP here. We weren't seeking "no yard" per se, but we found this place we really like that backs to parkland and a lake. We do have a small area that we could fence in, if we choose. Our DD is pretty small yet, and we may change our tune in the next 5 years or so, but for now, it works for us
Anonymous
Post 10/21/2011 15:48     Subject: Re:s/o How old are you? What kind of house do you live in?
Anonymous wrote:32 and 35 with one DD in daycare. Just bought a 400k 3 bedroom TH in West Springfield. Lovely neighbors, lovely view, good schools and no yard to deal with!


just curious about the "no yard to deal with" Are families actually seeking out places without yards? I would have thought that the goal would be to have a yard for the kids to play in. Do families with no yards seek out places close to a park/playground or something?

We lived in a TH with a child for 5 years. We even lived close to many parks and playgrounds, but I know having a fenced in backyard was a HUGE part of our recent home search. It didn't have to be big - just enough space for our child to run around close to home.

I realize thay downtown living is different than suburban living. I'm just trying to figure out if people in the burbs are actually seeking out "no yard"
Anonymous
Post 10/21/2011 15:32     Subject: Re:s/o How old are you? What kind of house do you live in?
32 and 35 with one DD in daycare. Just bought a 400k 3 bedroom TH in West Springfield. Lovely neighbors, lovely view, good schools and no yard to deal with!
Anonymous
Post 10/19/2011 14:38     Subject: Re:s/o How old are you? What kind of house do you live in?
22:14/15 - why are you going to build a new house and rent out two properties at a loss? Just curious. I didn't really understand your post.
Anonymous
Post 10/18/2011 22:15     Subject: s/o How old are you? What kind of house do you live in?
to add to the above, one 2 year old w/ a nanny and soon to be preschool (FYI nannies are expensive if you are doing it the legal way, 2600+ a month)
Anonymous
Post 10/18/2011 22:14     Subject: s/o How old are you? What kind of house do you live in?
31, 36, live in tysons small 2000 sqrft rambler bought for $560k, also bought a condo for 270k nearby that we can't sell and are renting at a loss, planning to build a new house on a tear down to recoup and rent out our current place at a loss. income $230k a year.
Anonymous
Post 10/18/2011 10:05     Subject: Re:s/o How old are you? What kind of house do you live in?
41 years old; 1.2 million SFH in Chevy Chase, D.C.; HHI of $320,000.00; 2 kids in elementary school
Anonymous
Post 10/17/2011 19:46     Subject: s/o How old are you? What kind of house do you live in?
If the parent cannot afford the tuition and they have to take out that much in loans to pay for college, the parent should have the sense to tell their child that no undergraduate education is worth that kind of crippling debt and find reasonable and less expensive alternatives like in-state public.
Anonymous
Post 10/17/2011 19:10     Subject: s/o How old are you? What kind of house do you live in?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:No stats. But most go to private colleges/universities. Don't know many 18 yr olds who can pay 50k+ yr (no financial aid).


LOANS - $200K to be exact. Co-signed by parents and kids - shackles on both parties.

If your parents paid 50K CASH per year, you are very wealthy, sorry to be the one to deliver the news to you. Middle class = taking out massive loans (no financial aid).


My parents paid but not that much-this was 20+ yrs ago. But I have no desire to shackle my kids to 200k + in loans to pay for undergrad. we'll pay for their education as our parents did for us and happy to do it. I consider it part of being a parent and can afford it.


You can afford it - that's the key. Most middle class families cannot afford to pay cash for a college education. That does NOT mean they are not parenting.
Anonymous
Post 10/17/2011 18:03     Subject: s/o How old are you? What kind of house do you live in?
Anonymous wrote:
Anonymous wrote:No stats. But most go to private colleges/universities. Don't know many 18 yr olds who can pay 50k+ yr (no financial aid).


LOANS - $200K to be exact. Co-signed by parents and kids - shackles on both parties.

If your parents paid 50K CASH per year, you are very wealthy, sorry to be the one to deliver the news to you. Middle class = taking out massive loans (no financial aid).


My parents paid but not that much-this was 20+ yrs ago. But I have no desire to shackle my kids to 200k + in loans to pay for undergrad. we'll pay for their education as our parents did for us and happy to do it. I consider it part of being a parent and can afford it.