I want appreciation!

Anonymous
Anonymous wrote:
Anonymous wrote:Pg county. The final frontier where you are paying close to a million dollars to live in a shack.


It occurred to me recently that the reason this will not happen anytime soon is for other reasons, mostly political and some funding related. Maybe it will change with redrawn districts in future elections and younger buyers, but it will still take time. All of the younger buyers are there because they are burdened with the loans that they cannot pay back, and the rising health care costs that were reasons the ACA was established anyway.


“All of the younger buyers” is a bit of an absolute.
They could also be there for proximity to work at places like NASA or any manner of other reasons.
It may fit into your narrative but may not be the truth.

Anonymous
Anonymous wrote:Invest in ghettos like south Arlington but live in the the north


Oh sweetie, this is DCUM not MONA.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Pg county. The final frontier where you are paying close to a million dollars to live in a shack.


It occurred to me recently that the reason this will not happen anytime soon is for other reasons, mostly political and some funding related. Maybe it will change with redrawn districts in future elections and younger buyers, but it will still take time. All of the younger buyers are there because they are burdened with the loans that they cannot pay back, and the rising health care costs that were reasons the ACA was established anyway.


“All of the younger buyers” is a bit of an absolute.
They could also be there for proximity to work at places like NASA or any manner of other reasons.
It may fit into your narrative but may not be the truth.



Okkkkkkkkkkk

Look at how much your property had appreciated in 10 years. Show me the facts that dispute what I’m saying in comparison to appreciation in other counties. Not anomalies - county wide. No one is getting priced out of PG county any time soon. It’s not a narrative. And if you live there you know the water bill alone is $1000+ a year for a SFH on a quarter acre lot.

Like I said. This thread is about appreciation. Again, it will happen but primarily one of the two trajectories and it will take time.

If the discussion were about quality of life, I’d have a different opinion. But that isn’t what this thread is about.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Pg county. The final frontier where you are paying close to a million dollars to live in a shack.


It occurred to me recently that the reason this will not happen anytime soon is for other reasons, mostly political and some funding related. Maybe it will change with redrawn districts in future elections and younger buyers, but it will still take time. All of the younger buyers are there because they are burdened with the loans that they cannot pay back, and the rising health care costs that were reasons the ACA was established anyway.


“All of the younger buyers” is a bit of an absolute.
They could also be there for proximity to work at places like NASA or any manner of other reasons.
It may fit into your narrative but may not be the truth.



Are you a younger buyer? And what does that have to do with appreciation? PG County is as large as Fairfax. There is a reason that there is no commercial investment there. I’m telling you it’s for political reasons and a lack of voter engagement demanding otherwise.

It’s similar to Baltimore. No one is interested in the politics and community modifications necessary to attract a large workforce. Amazon HQ could have taken all that cheap land as the new FBI. And everyone doesn’t work in green belt or college park. There are old people who moved out of dc when they sold their row homes for $350K back in 2010 and there are uou g people who want the space. But this is not an argument about appreciation.

Even national harbor had new residential units selling at a loss. PG has political issues rhey need to rectify and there is no incentive to change until there is more community activism. They’re bread and butter is turning to gaming, expanding mgm to allow boxing will change, bordering a ferry across the wharf and old town may create appeal.

It’s not a narrative. Again, it is my experience. YMMV
Anonymous
Anonymous wrote:that is ... not how the economy works. sorry.


No, that’s just not how selfish people work. Keep your grinch fingers off of PG and South Arlington. They are not “investments,” they are places where people go to live when they need somewhere to live, many of those people being DC natives who are poor POC that were pushed out of their neighborhoods with you modern-day de-facto colonizers. If you want to live there, that’s fine, but it’s not an “investment.” It’s an existing community with people who already live there and have interests in staying there.

If you can’t afford “appreciation” in the areas that already appreciated and are continuing to do so, that’s your fault for not working hard enough in life, I guess.
Anonymous
Anonymous wrote:What ever happened to the Pimmet Hills booster?

PP, why do you say South Arlington?


Anonymous
Anonymous wrote:
Anonymous wrote:that is ... not how the economy works. sorry.


No, that’s just not how selfish people work. Keep your grinch fingers off of PG and South Arlington. They are not “investments,” they are places where people go to live when they need somewhere to live, many of those people being DC natives who are poor POC that were pushed out of their neighborhoods with you modern-day de-facto colonizers. If you want to live there, that’s fine, but it’s not an “investment.” It’s an existing community with people who already live there and have interests in staying there.

If you can’t afford “appreciation” in the areas that already appreciated and are continuing to do so, that’s your fault for not working hard enough in life, I guess.


I know it's frustrating when the world doesn't work as you wish it did, but these changes are coming.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:What ever happened to the Pimmet Hills booster?

PP, why do you say South Arlington?


North Arlington is maxed out on appreciation

Schools will continue to be less of an issue moving forward with at least some distance learning

A hot new restaurant launched successfully during the pandemic in South Arlington

Robinson Square is become a reality

Long Branch natatorium.


What’s the hot new restaurant?




Ruthies All Day
Former execUtica chef of Liberty Restaurant group


^Ruthies All Day could in fact be an indicator that SA is turning more so than any county led development on Pike. Fun fact--the original Five Guys started in the little shopping center a little farther down Glebe at the Pike.
Anonymous
Exburbs. Leesburg, Frederick etc
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:What ever happened to the Pimmet Hills booster?

PP, why do you say South Arlington?


North Arlington is maxed out on appreciation

Schools will continue to be less of an issue moving forward with at least some distance learning

A hot new restaurant launched successfully during the pandemic in South Arlington

Robinson Square is become a reality

Long Branch natatorium.


What’s the hot new restaurant?




Ruthies All Day
Former execUtica chef of Liberty Restaurant group


^Ruthies All Day could in fact be an indicator that SA is turning more so than any county led development on Pike. Fun fact--the original Five Guys started in the little shopping center a little farther down Glebe at the Pike.


Westmont Shopping Center next to the late Brenner’s Bakery
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:that is ... not how the economy works. sorry.


No, that’s just not how selfish people work. Keep your grinch fingers off of PG and South Arlington. They are not “investments,” they are places where people go to live when they need somewhere to live, many of those people being DC natives who are poor POC that were pushed out of their neighborhoods with you modern-day de-facto colonizers. If you want to live there, that’s fine, but it’s not an “investment.” It’s an existing community with people who already live there and have interests in staying there.

If you can’t afford “appreciation” in the areas that already appreciated and are continuing to do so, that’s your fault for not working hard enough in life, I guess.


I know it's frustrating when the world doesn't work as you wish it did, but these changes are coming.


We don’t live in the day and age where these other suburbs got gentrified. The younger generations are a lot more involved in politics, and there’s already lots of conversations among PG residents about pushing back against gentrification, and many new politicians are directly targeting against this. If you NIMBYs protest against workforce housing in Bethesda, people living in PG have a right to protest against selfish assholes pricing them out of their neighborhoods as well. You can live there if you want to live there, but it’s not a place to go because you want to gentrify it and price current residents out. You’re gross.
Anonymous
Anonymous wrote:Anything along or near the VA beltway between Alexandria and Tysons (e.g., Rose Hill, Franconia, Springfield, West Springfield, Burke, Annandale).


I have been hearing about this for a while but only a certain pockets are seeing the appreciation.
Anonymous
Anonymous wrote:Exburbs. Leesburg, Frederick etc


Frederick have been stuck for a while. Lessburg might do well; the outer suburbs of NoVA do better than MD suburbs
Anonymous
EOTR, around annacostia and Ward 8. Lots of development coming up and big money is investing.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Lmao, a lot of the places mentioned in this thread are the same places that studies are identifying as being at risk for gentrification. Closer-in PG County, South Arlington, etc. “Appreciation” is code word for “push the last of the poor remaining inside of the beltway outside of it,” aka gentrification. Please stop repeating this goddamn cycle. It’s good that more people with money are moving into these areas and integrating them more, but if South Arlington becomes another North Arlington, then that’s a problem. If Clinton, Bladensburg, and District Heights become the next Bethesda, then that’s a problem.


...no we will not stop


AOC will stop you.


Highly likely. She lives in a gentrified area and was elected by gentrified. She will follow the progressive directive: do as I say, not as I do.


While AOC is great at messaging (and the rest of the dems could learn from her on that) she has almost no power, so the chance that she will drive national housing policy is low.
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