Brookland?

Anonymous
Anonymous wrote:The number of people willing to pay a mint for lousy schools and crime has declined. I think a lot of Brooklanders (me included) took a healthy real estate market for granted. The people who sold in 2020 and bought in Arlington are brilliant and I wish I'd done the same.


+1 Also Brookland doesn't have much more room to appreciate. Five years ago you could buy there and get an updated house with a lot of space and also a reasonable expectation that your home would be worth 10% more in a couple of years at the outside. I don't think people expect that anymore, and it makes it hard to decide to spend seven figures on a less-established neighborhood that may have reached it's peak.
Anonymous
Did you have a point, o' lister of statistics with no commentary?
Anonymous
Instead of Brookland, you would be better off in Anacostia. Better location, cheaper and newer built homes.
Anonymous
Anonymous wrote:
Anonymous wrote:The number of people willing to pay a mint for lousy schools and crime has declined. I think a lot of Brooklanders (me included) took a healthy real estate market for granted. The people who sold in 2020 and bought in Arlington are brilliant and I wish I'd done the same.


+1 Also Brookland doesn't have much more room to appreciate. Five years ago you could buy there and get an updated house with a lot of space and also a reasonable expectation that your home would be worth 10% more in a couple of years at the outside. I don't think people expect that anymore, and it makes it hard to decide to spend seven figures on a less-established neighborhood that may have reached its peak.


+1 this is so true if you would also want a good return on your investment. I suggest you look into a few good neighborhoods on east of the river. Growing like crazy
Anonymous
I have been living close to Deadwood and it's good.
Anonymous
Anonymous wrote:I have been living close to Deadwood and it's good.


All time typo there.
Anonymous
Eh, that part of Edgewood is closer to a lot of the Brookland amenities (Monroe St market, new Trader Joe’s, food halls, metro, etc.) than a lot of houses in Brookland proper.

Franklin St is super busy though — wouldn’t want to live right on such a busy thoroughfare
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I hope that the DC council understands that people are leaving DC. Forget about tax hikes, the council needs to focus on bringing down crime. Not just violent crime, but petty theft as well. So tired of going into stores where everything is locked up.


Ha a couple of houses selling for $950k instead of $1.1 million isn't "people leaving DC". It's higher interest rates hurting buying capacity of non-rich buyer.


I realize comparing DC to states is dicey, but DC has the third-worst rate of net population gains among people earning at least $200k/year, ahead of only California and Illinois. People of means and their taxable income are not exactly seeking out DC right now, and a whole lot of them are leaving. Any population growth DC is seeing right now -- and it's basically a rounding error -- is because of births and international in-migration, which is a bad, bad sign for the city.

https://x.com/CatoEdwards/status/1818395452565250196


if this is true, does anyone know why developers keep building? i keep asking why folks seem to think the population will increase. where would people be coming from?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I hope that the DC council understands that people are leaving DC. Forget about tax hikes, the council needs to focus on bringing down crime. Not just violent crime, but petty theft as well. So tired of going into stores where everything is locked up.


Ha a couple of houses selling for $950k instead of $1.1 million isn't "people leaving DC". It's higher interest rates hurting buying capacity of non-rich buyer.


I realize comparing DC to states is dicey, but DC has the third-worst rate of net population gains among people earning at least $200k/year, ahead of only California and Illinois. People of means and their taxable income are not exactly seeking out DC right now, and a whole lot of them are leaving. Any population growth DC is seeing right now -- and it's basically a rounding error -- is because of births and international in-migration, which is a bad, bad sign for the city.

https://x.com/CatoEdwards/status/1818395452565250196


Hopefully you idiots will note florida's placement on this list. Everyone here says florida is done and on decline. Whats it like being so dumb?
Anonymous
Stats say NW appreciates the most

Went to Brookland, was burglared and almost shot, never stepped foot in again. Good riddance
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I hope that the DC council understands that people are leaving DC. Forget about tax hikes, the council needs to focus on bringing down crime. Not just violent crime, but petty theft as well. So tired of going into stores where everything is locked up.


Ha a couple of houses selling for $950k instead of $1.1 million isn't "people leaving DC". It's higher interest rates hurting buying capacity of non-rich buyer.


I realize comparing DC to states is dicey, but DC has the third-worst rate of net population gains among people earning at least $200k/year, ahead of only California and Illinois. People of means and their taxable income are not exactly seeking out DC right now, and a whole lot of them are leaving. Any population growth DC is seeing right now -- and it's basically a rounding error -- is because of births and international in-migration, which is a bad, bad sign for the city.

https://x.com/CatoEdwards/status/1818395452565250196


if this is true, does anyone know why developers keep building? i keep asking why folks seem to think the population will increase. where would people be coming from?


Average household size continues to drop. So even if overall population stays the same, the demand for units goes up.
Anonymous
Anonymous wrote:No. That’s all.

Too dangerous, too mosquitoey, too isolated, too no-good-school

Just no


Are you under the impression that there are more mosquitoes in Brookland than the rest of DC?
Anonymous
I get the impression that’s it’s pretty lawless and not exactly well tended to by the government so yes it ends up with more mosquitoes
post reply Forum Index » Real Estate
Message Quick Reply
Go to: