It's all a part of this baby boomer generation narrative glorifying owning a house. I've got one kid and we're thinking about number two. We rent in the city so we can be close to friends and work. Meanwhile, my parents and their friends are leveraged to the hilt in housing, carrying mortgages that they will definitely not be able to pay off before retirement. And leverage is the name of the game. Housing here in the DC area is subject to their weird island effect driven by what two people on GS-scale salaries can qualify for. Just under a million and you're looking at cramped fixer-uppers. At just under two million, you're looking at mansions in Georgetown.