NYC like LA has everything. There is nothing that you cannot find there. NYC is the only truly large scale fully functional city where people live for generations and raise their families. It has its enclaves and ethnic communities that had lived there for generations and every part of NYC is providing different perspective and feels almost like a different city. |
Nobody wants a second home in an urban area that's not vibrant. Isn't the point of a pied-a-terre to give you what you cannot get in suburbia? |
People who enjoy urban amenities have fewer options than those who don't care much about this, always had been the case. Those who care about it have to pay $$$$ for urban mansions if they want space and yards, or have to compromise and live in apartments and rowhomes if they want to stay. None of this is new. If they don't care to live in the city they buy a home and move, and if they cannot afford anything in DC metro to their liking and don't care to stick around here they go to cheaper metro areas. But the list of these affordable metro areas is shrinking because of the recent huge waves of people relocating there. It's not longer a bargain to move if you insist on living in the nice safe areas close to amenities. Eventually sizable SFHs may become unaffordable for anyone who isn't top 1% if they want amenity rich connected areas. Most younger people without inherited homes will have to adjust their expectations and start considering higher density housing to raise their families (like many are already doing in NYC). Or they will have to love to live on rural land or economically depressed metro areas, which are still comparatively inexpensive. Given increase in immigration even if our birthrates fall we aren't looking for increase of affordable SFHs any time soon. We are looking at increase in density. |
I don't disagree with you that DC government and the way this city is run is dysfunctional TBH. But what do you want Bowser to do to increase SFH availability and affordability WITHIN the city when she cannot create more available unbuilt land? All you can do to increase housing supply and affordability is to build up and add density. I don't think it would be a challenge to consolidate small units into larger units if larger units would sell better. For millenials and GenZ who are willing to raise their kids in family sized apartments or rowhomes there will be more options, but for those wanting legit SFH housing with yards and 2 car garages options will be razor thin and getting smaller until older people die out and their kids start selling the homes they inherited instead of moving in. |
it's not as "functional" as DC when you have to move to DC in a recession. There were tons of NY and CT license plates in Tysons circa 2009-2010. I wonder if we will see that again in 2023. |
I have my doubts this time. |
The city needs to invest significant amounts of public resources in neighborhoods where SFH is affordable to make those neighbors safe and desirable. The city doesn’t seem to want to invest any public resources anywhere that doesn’t benefit developers. That’s the problem. |
The people who live in those neighborhoods now don’t want to be pushed out by gentrification |
| There will be no need for SFH with the new crime bill. Smart families will leave. |