Politics for Pros- moderated Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lane3 who wrote (212731)	7/20/2007 1:57:19 PM
From: TimF	Read Replies (2) of 794032

I make less then their income and I own a house in Fairfax County. Its not a big place, but there are people on my block with kids who have houses the same size. $100k with no kids should be more than enough to buy a home, even with the higher prices today, unless they spend lavishly on other things. As for getting further behind, the market isn't moving up anymore. Also I don't equate not being able to buy a house in an overheated market with "near poverty". They're saving about $8k a year towards a house I used only $3.5k for my down payment. Maybe they want a really nice house and/or a house in one of the most expensive parts of the DC area. With just two people they should be able to get something small, but maybe they have visions of entertaining in their "McMansion" in McLean or something.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next