Neighborhoods where addicts and hookers roamed not too long ago aren’t prestigious. You seem to have confused inflation with prestige. |
Through in Fairfax City and Centreville. |
Or stupidity. |
Excuse me. Throw. |
So sorry you can't afford it. |
Lame response. Could easily afford Logan Circle. Prefer to live in an area that is actually prestigious. |
| Herndon and Ashburn. |
Centreville has a very exclusive Asian population. |
One lives on Fox Hall. Huge yard, pools, tennis courts, views of Va, yard art worth more than many houses. A former bank CEO and consultant that made hundreds of millions or more as a consultant. The other lives near by and has won many Tony awards and made millions writing plays and musicals. |
| Nothing in NoVa is prestige, except maybe McLean, maybe. |
Houses in the District are always a good buy because it’s in the city. It also opens up the ability to work in VA, MD or DC without a nightmare commute. The traffic is not improving. |
Yea, the boring suburbs. No thanks. |
This. It's why we moved from the suburbs to DC. Also, the neighborhood we bought in is appreciating a lot faster than the sort of far out, carbound "W" neighborhood we used to live in. |
| Real estate is cyclical. There have been several instances where city real estate declined while suburban real estate appreciated, most recently in the 90s. Only a fool would think buying in the city is always a good investment, especially when DCPS generally remains so inferior at the middle and the high school level. Not everyone can go to Deal and Wilson would be considered below average in any suburban jurisdiction except PG. |
| What does "prestige" mean to you personally? Everyone's definition is slightly different. Some consider only old money neighborhoods that's been in the money decades ago. Others consider current price per sqft, which gives you potentially different answers and adds many more areas that might have been dumpy before. |