DC Expensive Real Estate causing Millennials to leave for the suburbs

[Anonymous]

The dude in the article is 35 - he's not a millennial! I'm 34 and hate getting wrongly lumped with that group.

[Anonymous]

Anonymous wrote:The dude in the article is 35 - he's not a millennial! I'm 34 and hate getting wrongly lumped with that group.

Me too! I thought we were Gen X.

[Anonymous]

This was an odd piece. Not sure what the point was?

[Anonymous]

They need to do a survey on why people move out of DC or any city, not just that they do and make assumption why based on 1 couple. Most of my non-native Washingtonian friends never intended to stay in DC, they came here, got their work experience and got out. It was never their intention to settle into a city, any city and raise kids. They are mostly from the country and even the suburbs seem crowded to them.

[Anonymous]

Now that I look at those stats, I'm not so sure you can jump from those stats to the assumption that in general older millenials are moving out because they can't afford larger living space. I mean, I wouldn't be surprised if it were true but I would want to know more about the reasons behind that distribution.

Plus they're comparing two different groups of people - the out-movers and the in-movers. So just about the same percentage of older millenials moved in as the percentage that moved out. It's not clear what that tells us. So there are fewer older millenials moving in - but wouldn't it be more likely that more younger millenials would move here right after college whereas the older ones would be more settled? Also there are still larger percentages of younger millenials moving out, so for what reason are they moving out?

Interesting story. Probably this is a thing for some older millenials but the stats are not in and of themselves convincing.

[Anonymous]

Anonymous wrote:We're millennials (on the older end, 29-31) and we can't afford anything in DC other than a 1-bedroom and that's a total non-starter for us so off to the suburbs it is.

Agreed. We can afford more than that, but not much. We have a $200K ish HHI. The real estate in DC is the only thing I really hate about it- I have a solid group of friends that don't fall into the DCUM- like foibles of hyper competition, etc- just normal, happy people. But the real estate is priced as if this were a much bigger, more exciting city than it is. DC isn't all that urban, yet prices start approaching cost-of-living in places around the world that are!

[Anonymous]

Anonymous wrote:

Anonymous wrote:We're millennials (on the older end, 29-31) and we can't afford anything in DC other than a 1-bedroom and that's a total non-starter for us so off to the suburbs it is.

Agreed. We can afford more than that, but not much. We have a $200K ish HHI. The real estate in DC is the only thing I really hate about it- I have a solid group of friends that don't fall into the DCUM- like foibles of hyper competition, etc- just normal, happy people. But the real estate is priced as if this were a much bigger, more exciting city than it is. DC isn't all that urban, yet prices start approaching cost-of-living in places around the world that are!

DC is the capital of the US.
Lots of activities, international and national happen here.
Everybody knows it but tends to forgot. It is not your average American city.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We're millennials (on the older end, 29-31) and we can't afford anything in DC other than a 1-bedroom and that's a total non-starter for us so off to the suburbs it is.

Agreed. We can afford more than that, but not much. We have a $200K ish HHI. The real estate in DC is the only thing I really hate about it- I have a solid group of friends that don't fall into the DCUM- like foibles of hyper competition, etc- just normal, happy people. But the real estate is priced as if this were a much bigger, more exciting city than it is. DC isn't all that urban, yet prices start approaching cost-of-living in places around the world that are!

DC is the capital of the US.
Lots of activities, international and national happen here.
Everybody knows it but tends to forgot. It is not your average American city.

It's always been the capital and for most of its history people moved out when they and kids. Seriously it's a small city, like Philly and anything not a federal institution is meh.

[Anonymous]

This article is weird: even the couple that the article focused on said that they were going to fight to stay in DC.

I am in that age range and I have plenty of friends who are young couples that would not dream of moving to the burbs.

It is all a matter of personal taste.

[Anonymous]

Once you get married and have kids, the 800K gentrifying row house with the crackhead or stabbing out front doesn't seem that great.

[Anonymous]

Anonymous wrote:Once you get married and have kids, the 800K gentrifying row house with the crackhead or stabbing out front doesn't seem that great.

Not always the case. People saying this probably have never lived in DC! I have lived in DC 20 years and most of those years in a row house: we have never had that happen in our neighborhood.

[Anonymous]

Anonymous wrote:Once you get married and have kids, the 800K gentrifying row house with the crackhead or stabbing out front doesn't seem that great.

I'm married with two kids and a row house in a "gentrifying" neighborhood, and it is a great life. I sometimes wish for another bathroom, but I think the trade-off is worth it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Bye, guys! Enjoy South Arlington!

Oh don't worry----we already are. Welcome to those coming to join us--the community, ammenities and schools are great.

But how are the amenities?

Ammen!

[Anonymous]

Anonymous wrote:

Anonymous wrote:Once you get married and have kids, the 800K gentrifying row house with the crackhead or stabbing out front doesn't seem that great.

Not always the case. People saying this probably have never lived in DC! I have lived in DC 20 years and most of those years in a row house: we have never had that happen in our neighborhood.

To be fair I think that 20 years a go a gentrifying neighborhood would be in NW which is great now but millions of dollars.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Once you get married and have kids, the 800K gentrifying row house with the crackhead or stabbing out front doesn't seem that great.

I'm married with two kids and a row house in a "gentrifying" neighborhood, and it is a great life. I sometimes wish for another bathroom, but I think the trade-off is worth it.

mmmm...I keep hearing about amenities, but what I really want to know is: what about the schools?