Hey, there is nothing wrong with buying a condo in McLean or Arlington for $200,000. Perhaps someone is willing to sacrifice to send their kids to good schools. |
+1. For the record, Mosaic District is the future, Arlington and McLean are the past. |
I actually think that is the point the other poster was making. The average home sale price in McLean 22101 (not including TH, Condos) is generally about $900-950 in a typical quarter. The average in Arlington 22207 is generally about $800-850 (your point about housing stock size, and square footage) If the average family income in the two zips are roughly the same, why do people take on more house on average in McLean for their ability to afford? Or put another way -- are the Saudis in their $15 Million houses holding their weight in HHI, when everyone else in McLean is just average Fairfax County? One 15 million house sale requires 15 one-dollar house sales to reach a $1 M average.... |
Yes, there are like 5 houses facing the Potomac river that are worth $25 Million each which offset the 100s of mclean houses near the Falls Church Border that go for $550-690K |
I can assure you, no one on this board owns a $15 Million house facing the Potomac. That aside, the Saudi comment early on in this disaster of a thread was odd. Most Saudis in this country are not members of Bandar's family (who are spread across Chain Bridge Road in Arlington and Fairfax Counties in $5-$15 Million houses. Most are average people. Cab drivers, accountants, store clerks, students, soldiers. Most Saudi Americans actually have low income compared to other ethnic groups. |
I once has a friend who lived in a rental basement apartment in Georgetown. He'd go on and on about living next to all these wealthy "famous" people. He still lives in an apartment (though he moved to Ballston). Still ekeing out a sales job. Don't think hell ever make enough to be able to buy a townhouse in Falls Church, much less Georgetown. My guess is the two posters are kids like this. Reality will mug them soon enough. Real people in 22207 or 22101 (or 20854, 20007, 22205, 20816 or other affluent zips) know the truth - it takes a life choice as well as money to pick a home and raise kids there. |
Are you suggesting we should not purchase a home in a neighborhood based solely on how many Saudis or famous people theoretically live there? |
This guy would live in McLean NOT arlington
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Please, one need only drive around the area of Georgetown pike (Langley HS) versus the area around McLean HS. Night and Day. |
nice. |
I think Langley was a place name before Zip Codes were invented in the 1960's...after that it existed as an unofficial term for the rich part of McLean (the poor part of McLean being south) |
I own a $15 M home facing the Potomac River. |
I grew up in McLean on the "wrong side of the tracks". I can attest to this. Kids from up near Georgetown Pike referred to their area as "Langley" not "McLean". In those days (1970s) Tysons was a strip mall with an orange bowl and mclean was very modest with tons of GS-12-15 single income families. Seriously. I loved NoVa in those days though. Ballston was Parkington and Clarendon was dangerous and had gangs all over. |
Orange Bowl!! Yes! Simpler times....I went to McLean High Class of 1980...you? |
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Wtf do we keep going back to 22207? There's never anything on the market SFHwise in the walkable areas of 22201. This is where the highest demand occurs in Arlington. It's about 100 houses and people will sell a kidney to get in.
Truthfully, I always said if I was going to give up walkability anyways--I'd move out of Arlington into Fairfax co where I'd get more for my $. What's an extra 10 min in the car if you are driving all the time anyways? |