“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. |
Oh sweetie, this is DCUM not MONA. |
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. |
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 |
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. |
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I know it's frustrating when the world doesn't work as you wish it did, but these changes are coming. |
^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. |
| Exburbs. Leesburg, Frederick etc |
Westmont Shopping Center next to the late Brenner’s Bakery |
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. |
I have been hearing about this for a while but only a certain pockets are seeing the appreciation. |
Frederick have been stuck for a while. Lessburg might do well; the outer suburbs of NoVA do better than MD suburbs |
| EOTR, around annacostia and Ward 8. Lots of development coming up and big money is investing. |
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. |