If You Just Wait
I have a feeling that the two women in this story are eventually going to experience a reversal of fortune. I guess that is what a lot of us here are betting on. The women without the townhouse should spend more time on the Internet so she could see the hundreds of reasons why renting is not that bad now.
[“But there is one big difference in their financial fortunes that divides the two friends sharply: Call owns an Alexandria townhouse, bought two years ago, while Dressendorfer remains a renter.
As a result, Call is worth substantially more than her friend.
It's true Dressendorfer has more savings than Call, who has spent most of her savings fixing up her townhouse, making it home. But, as Call says, "there's no way she could've saved as much as I've made on my townhouse," which she said has appreciated in value by approximately $150,000.
The sharp increase in housing values in the Washington area has created a great divide between those who own houses and those who do not, and nowhere does this play out more than in the workplace. Those who do not own homes look enviously at their colleagues who do, and their different financial situations can lead to strains, stress and some veiled anger.”]
As an aside, I though this line was funny from the article.
“…that in hard-charging cities such as Washington,…”
The line is almost oxymoronic. Washington DC is such a “hard-charging city” with so many “entrepreneurs” working for the Bureau of Labor’s Office of Acquisition Management Services Division, or the customer relation department of the IRS. It’s a real cut throat town when there are only 378 second deputy directorship positions available at the Bureau of Indian Affairs’ Administration of Oregon Territory offices.
[“But there is one big difference in their financial fortunes that divides the two friends sharply: Call owns an Alexandria townhouse, bought two years ago, while Dressendorfer remains a renter.
As a result, Call is worth substantially more than her friend.
It's true Dressendorfer has more savings than Call, who has spent most of her savings fixing up her townhouse, making it home. But, as Call says, "there's no way she could've saved as much as I've made on my townhouse," which she said has appreciated in value by approximately $150,000.
The sharp increase in housing values in the Washington area has created a great divide between those who own houses and those who do not, and nowhere does this play out more than in the workplace. Those who do not own homes look enviously at their colleagues who do, and their different financial situations can lead to strains, stress and some veiled anger.”]
As an aside, I though this line was funny from the article.
“…that in hard-charging cities such as Washington,…”
The line is almost oxymoronic. Washington DC is such a “hard-charging city” with so many “entrepreneurs” working for the Bureau of Labor’s Office of Acquisition Management Services Division, or the customer relation department of the IRS. It’s a real cut throat town when there are only 378 second deputy directorship positions available at the Bureau of Indian Affairs’ Administration of Oregon Territory offices.
posted by Little_Silvered at 6:45 PM
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