DC Expensive Real Estate causing Millennials to leave for the suburbs

[Anonymous]

I guess the hype around raising a family in a 1 or 2 bedroom isn't all true.
"The most recent city data show that while the median age of those moving into the District is about 26, the median age of those migrating out is 29. Of the 59,000 people who left the District in 2012, about 44?percent ranged from 20 to 34 years old. Those leaving were likely to be college-educated and have an income above $50,000."
http://www.washingtonpost.com/local/millennials-consider-leaving-washington-as-the-city-becomes-more-costly/2014/06/16/825e4308-eb67-11e3-9f5c-9075d5508f0a_story.html

[Anonymous]

Bye, guys! Enjoy South Arlington!

[Anonymous]

Care there, PP. Don't get too beside yourself.

[Anonymous]

The article doesn't suggest the millenials leaving DC are necessarily heading to the suburbs, but instead are leaving DC for lower-cost housing in both other cities and the suburbs. It does suggest that given the churn it will be hard for DC to become a truly family-friendly place.

[Anonymous]

Anonymous wrote:Bye, guys! Enjoy South Arlington!

Oh don't worry----we already are. Welcome to those coming to join us--the community, ammenities and schools are great.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Bye, guys! Enjoy South Arlington!

Oh don't worry----we already are. Welcome to those coming to join us--the community, ammenities and schools are great.

But how are the amenities?

[Anonymous]

What exactly is the hype around raising a family in a 2-bedroom?

(Gen Xer moving to a house in Silver Spring from a 2-bedroom asks.)

[Anonymous]

Hasn't that been going on for 20-30 years or more? How did the suburbs get populated anyway? It would be nice if the W Post could come up with an interesting article once in a while.

[Anonymous]

Anonymous wrote:Hasn't that been going on for 20-30 years or more? How did the suburbs get populated anyway? It would be nice if the W Post could come up with an interesting article once in a while.

DC wasn't gaining population over the past 20-30 years. The article underscores that the gain is largely a result of younger and single residents moving to the city. As they get older and think of where they want to raise families, most leave.

[Anonymous]

The Millenials want to stay in DC but can't afford to do so. Your parents had no issues leaving the city way back when.

[Anonymous]

Anonymous wrote:What exactly is the hype around raising a family in a 2-bedroom?

(Gen Xer moving to a house in Silver Spring from a 2-bedroom asks.)

You can walk to restaurants and bars!

(yeah, Gen Y say this, then kids and reality sets in)

[Anonymous]

Anonymous wrote:The Millenials want to stay in DC but can't afford to do so. Your parents had no issues leaving the city way back when.

They think they want to stay in DC, but they also want suburban amenities, so when push comes to shove they move.

It's called growing up.

[Anonymous]

Anonymous wrote:I guess the hype around raising a family in a 1 or 2 bedroom isn't all true.
"The most recent city data show that while the median age of those moving into the District is about 26, the median age of those migrating out is 29. Of the 59,000 people who left the District in 2012, about 44?percent ranged from 20 to 34 years old. Those leaving were likely to be college-educated and have an income above $50,000."

http://www.washingtonpost.com/local/millennials-consider-leaving-washington-as-the-city-becomes-more-costly/2014/06/16/825e4308-eb67-11e3-9f5c-9075d5508f0a_story.html

Is that different than prior years?

Lots of people with families are getting priced out and/or not getting into the charters they want. What else is new?

Not sure what accounts for the under-25 set taking off, however.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I guess the hype around raising a family in a 1 or 2 bedroom isn't all true.
"The most recent city data show that while the median age of those moving into the District is about 26, the median age of those migrating out is 29. Of the 59,000 people who left the District in 2012, about 44?percent ranged from 20 to 34 years old. Those leaving were likely to be college-educated and have an income above $50,000."

http://www.washingtonpost.com/local/millennials-consider-leaving-washington-as-the-city-becomes-more-costly/2014/06/16/825e4308-eb67-11e3-9f5c-9075d5508f0a_story.html

Is that different than prior years?

Lots of people with families are getting priced out and/or not getting into the charters they want. What else is new?

Not sure what accounts for the under-25 set taking off, however.

Daddy cut off the money, or maybe they've graduated and discovered they're not going to as many bars as they might've thought upon getting their first "real" job.

[Anonymous]

We're millennials (on the older end, 29-31) and we can't afford anything in DC other than a 1-bedroom and that's a total non-starter for us so off to the suburbs it is.