So the Amazon housing boom isn't happening right

[Anonymous]

Anonymous wrote:I don’t know why any of you are comparing prices as they are today. The increases over the last year are due to COVID, not Amazon. So 2020-2021 gains are irrelevant and if there is any gain attributable to Amazon, it is impossible to differentiate the gain from COVID. Likewise, PPs with charts on 10 year gains, not Amazon-related.

If you want to look at potential Amazon numbers, you have to compare 2019-2020 and look for spikes and where. I recall the ask Eli articles saying the spike was mostly statistically notable around the crystal city area, and not really everywhere else.

Yes, prices are up everywhere. 22204 is up too, maybe not as high as most North Arlington zip codes. 43% is high, but others are higher. Yes property taxes are nuts for those hanging on to their property.

And yes, more people are buying in South Arlington neighborhoods with high farms schools. Many do not have kids and plan to move before kids go to school or go private. Schools do matter even now. Obviously someone coming to the neighborhood means that another is leaving- I know 3 who took the opportunity to leave because of schools.

I am one of them. I used to live in a school boundary with a majority immigrant and low income population. We recently moved out because of the schools. OMG I could just kick myself for not doing it sooner despite the financial hit we would have taken. The difference, even remote, is just night and day. Now I know why so many of our neighbors of all backgrounds moved out for schools. I didn’t want to believe it. I am Latina and didn’t want to go there and it pained me deeply. But I did and my child is so much better off.

So you used the appreciation on your South Arlington home to afford one in a less diverse/more expensive school boundary? You kind of proved my point.