DC market now

[Anonymous]

Anonymous wrote:OP, perhaps you ought to make a pro / con list and discuss moving with your family. No one here is going to calm your nerves about the SOTU. Our nerves are jangled, too.

But jangled or not, staying in here - or doubling down, as you put it - is a personal decision. I, for one, lived in DC through the Mayor Barry days when we were told to boil water because it had 'fecal matter' in it. I rented then, and I bought my first DC home after that announcement. Regardless of who is in the WH or what level of fecal matter is in the Potomac, I love DC and I have no plans to leave.

You clearly aren't as attached and so, fancy lawyer with options, you ought to do your own pro/con with your family and stop yucking our yum (not the fecal matter, of course, that is yuck ... but yum of this stunningly beautiful city with its resilient interesting, dynamic and strong residents - its amazing metro and exciting new arts scene on the Wharf and the renaissance of the old arts scene that will surely take place in 3 years).

Please, if you don't like it here then go! We've got more lawyers in DC then we can shake a stick at and someone who wants to be here will take your place. Good luck and hopefully happier days to you.

I love you! This all the way!

[Anonymous]

Anonymous wrote:Move to NoVa for most likely stability to growth in the region. The general McLean-Reston corridor is the most likely safe area to bet on.

yawn

[Anonymous]

Anonymous wrote:I moved to DC from a part of the country that is trendy and saw a huge influx of homebuyers in recent years. It doesn't compare to DC and I am never leaving. DC has so much more going on for it than most of the country.

It's not the "most" in anyone area (culture, beauty, opportunity, innovation, convenience, affordability, architecture, etc). But it's really a wonderful combination of most of those features, in a way that no other place in the country is.

If you've lived here a long time, just don't think the grass is greener elsewhere. It's not. We're just living through a nightmare right now. Hopefully, the cult is imploding, and they'll all crawl back under their rocks in 3 years and stay put for another century.

This about sums it up. It just has the best mix of everything. And yes, you could move to Maryland or Virginia but it's not the same. And you will drive yourself crazy. 🚙

[Anonymous]

Anonymous wrote:How on Earth are people getting comfortable buying real estate in DC right now? I’m already a homeowner here and under different circumstances would be looking to upgrade my home but:

- the Potomac River is a biohazard and sure that won’t be the case forever but didn’t we learn something here?? this area is such a disaster - truly - it’s so mismanaged that things like this are likely to keep happening

- city may very well be under federal rule soon. Whole country going down the tubes but this area is uniquely bad. We’ve lost the Kennedy center. Smithsonians probably next. All those perks of living here will be gone by the time trump done with us

I could go on but hopefully you get it. Look…we are seeing it in prices. So yes demand is down.

I’d love to have lived here long term in another universe…how are those of you who are deciding to double down on DC justifying it to yourselves.

If you think the shit in the river or in the white house are good things, probably don’t care to hear from you.

Think positive! there is a nonzero chance that if they do fully take over DC they eliminate federal income taxes so their billionaire buddies don't have to go offshore for a tax haven and all our property values quadruple overnight.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I moved to DC from a part of the country that is trendy and saw a huge influx of homebuyers in recent years. It doesn't compare to DC and I am never leaving. DC has so much more going on for it than most of the country.

It's not the "most" in anyone area (culture, beauty, opportunity, innovation, convenience, affordability, architecture, etc). But it's really a wonderful combination of most of those features, in a way that no other place in the country is.

If you've lived here a long time, just don't think the grass is greener elsewhere. It's not. We're just living through a nightmare right now. Hopefully, the cult is imploding, and they'll all crawl back under their rocks in 3 years and stay put for another century.

This about sums it up. It just has the best mix of everything. And yes, you could move to Maryland or Virginia but it's not the same. And you will drive yourself crazy. 🚙

There’s beautiful SFH neighborhoods adjacent to the urban downtowns Bethesda and Clarendon / Ballston where you can do all errands easily on foot and have easy metro access. We live in one and use our car maybe once every couple of weeks, if that. Not all suburbs are death by vehicles.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I moved to DC from a part of the country that is trendy and saw a huge influx of homebuyers in recent years. It doesn't compare to DC and I am never leaving. DC has so much more going on for it than most of the country.

It's not the "most" in anyone area (culture, beauty, opportunity, innovation, convenience, affordability, architecture, etc). But it's really a wonderful combination of most of those features, in a way that no other place in the country is.

If you've lived here a long time, just don't think the grass is greener elsewhere. It's not. We're just living through a nightmare right now. Hopefully, the cult is imploding, and they'll all crawl back under their rocks in 3 years and stay put for another century.

This about sums it up. It just has the best mix of everything. And yes, you could move to Maryland or Virginia but it's not the same. And you will drive yourself crazy. 🚙

There’s beautiful SFH neighborhoods adjacent to the urban downtowns Bethesda and Clarendon / Ballston where you can do all errands easily on foot and have easy metro access. We live in one and use our car maybe once every couple of weeks, if that. Not all suburbs are death by vehicles.

And good luck affording a SFH in those neighborhoods if you're not in the top 5% of incomes or don't have an exceptionally large account at the bank of mommy and daddy.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I moved to DC from a part of the country that is trendy and saw a huge influx of homebuyers in recent years. It doesn't compare to DC and I am never leaving. DC has so much more going on for it than most of the country.

It's not the "most" in anyone area (culture, beauty, opportunity, innovation, convenience, affordability, architecture, etc). But it's really a wonderful combination of most of those features, in a way that no other place in the country is.

If you've lived here a long time, just don't think the grass is greener elsewhere. It's not. We're just living through a nightmare right now. Hopefully, the cult is imploding, and they'll all crawl back under their rocks in 3 years and stay put for another century.

This about sums it up. It just has the best mix of everything. And yes, you could move to Maryland or Virginia but it's not the same. And you will drive yourself crazy. 🚙

There’s beautiful SFH neighborhoods adjacent to the urban downtowns Bethesda and Clarendon / Ballston where you can do all errands easily on foot and have easy metro access. We live in one and use our car maybe once every couple of weeks, if that. Not all suburbs are death by vehicles.

And good luck affording a SFH in those neighborhoods if you're not in the top 5% of incomes or don't have an exceptionally large account at the bank of mommy and daddy.

OP clearly said they make “a few million a year” and work in law. They could easily afford the most expensive homes in these areas. I’m sorry this triggered you though.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I moved to DC from a part of the country that is trendy and saw a huge influx of homebuyers in recent years. It doesn't compare to DC and I am never leaving. DC has so much more going on for it than most of the country.

It's not the "most" in anyone area (culture, beauty, opportunity, innovation, convenience, affordability, architecture, etc). But it's really a wonderful combination of most of those features, in a way that no other place in the country is.

If you've lived here a long time, just don't think the grass is greener elsewhere. It's not. We're just living through a nightmare right now. Hopefully, the cult is imploding, and they'll all crawl back under their rocks in 3 years and stay put for another century.

This about sums it up. It just has the best mix of everything. And yes, you could move to Maryland or Virginia but it's not the same. And you will drive yourself crazy. 🚙

There’s beautiful SFH neighborhoods adjacent to the urban downtowns Bethesda and Clarendon / Ballston where you can do all errands easily on foot and have easy metro access. We live in one and use our car maybe once every couple of weeks, if that. Not all suburbs are death by vehicles.

And good luck affording a SFH in those neighborhoods if you're not in the top 5% of incomes or don't have an exceptionally large account at the bank of mommy and daddy.

OP clearly said they make “a few million a year” and work in law. They could easily afford the most expensive homes in these areas. I’m sorry this triggered you though.

I bought one! And we are regular folk. Took awhile but we got a great deal too. Ours is among the least expensive (just over $1m) but sure with more $$$ lots of $2-3m options.

[Anonymous]

Given how poorly DC has been run for so long, and how soft on crime and degeneracy-welcoming policies were turning it into a version of Portland I wouldn't mind Federal government taking over. Flame away, I don't care.

[Anonymous]

Anonymous wrote:Given how poorly DC has been run for so long, and how soft on crime and degeneracy-welcoming policies were turning it into a version of Portland I wouldn't mind Federal government taking over. Flame away, I don't care.

Just move to North Dakota! We won’t miss you.

[Anonymous]

Anonymous wrote:Given how poorly DC has been run for so long, and how soft on crime and degeneracy-welcoming policies were turning it into a version of Portland I wouldn't mind Federal government taking over. Flame away, I don't care.

Have you even been to Portland?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Given how poorly DC has been run for so long, and how soft on crime and degeneracy-welcoming policies were turning it into a version of Portland I wouldn't mind Federal government taking over. Flame away, I don't care.

Just move to North Dakota! We won’t miss you.

You first. If you relish the joys of urban decay, there is Baltimore and Philly skid row not too far away.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Given how poorly DC has been run for so long, and how soft on crime and degeneracy-welcoming policies were turning it into a version of Portland I wouldn't mind Federal government taking over. Flame away, I don't care.

Have you even been to Portland?

I have. I had lived in several major cities in the USA, I grew up in a city apartment, spare me your nonsense about Dakotas or MAGA BS. There is no reason for our cities to be filling up with open air drug markets, disgusting tent cities and repeat criminals going wherever they want and doing whatever they want with zero monitoring and zero rehabilitation. DC was turning into a disgrace even in $$$ areas near all the tourist attractions and premium real estate. Disgusting trash filled compounds were growing next to Kennedy Center and across from National Mall. If you didn't see it or get bothered, you likely lived in your little bubble of NWDC suburban parts or you are way overdue for your next eye exam.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DC real estate is cheap and almost same salaries as NYC and Boston.

Studio apts in older rent controled buildings are as cheap as $1550 a month, one bedroom condos as cheap as $350,000 and small single family homes close in that are fixer uppers as cheap as 600K.

By comparision those prices are all double or triple in NYC and salaries are slightly higher.

Liar liar pants on fire

there are literally as cheap as $1,300 a month Studios in DC. Studios in dumpy small buildings in Manhattan have not seen those prices in 20-25 years.


https://www.zillow.com/homedetails/1801-Clydesdale-Pl-NW-Washington-DC-20009/464649_zpid/

Oh look, I just found a few dozen studios for rent in NYC for less than $1300. You shared the piece of crap rental in a section 8 building that hasn’t been updated. I raise you this.:

https://www.zillow.com/homedetails/Brooklyn-NY-11224/460644693_zpid/

Brooklyn... "undisclosed" address..

Look, DC is way cheaper than NYC, it's a fact. PP is absolutely on point. You can find many studios in the most premium areas of DC for half price of Manhattan. NYC is big, certainly, across all the 5 boroughs you can find RE in various price ranges depending on the ease of commutes, safety and quality of the neighborhood, and quality of the actual dwelling. But if you compare a dated small apartment in an older building in Manhattan it will be 2x of the same product in DC's premium area.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Given how poorly DC has been run for so long, and how soft on crime and degeneracy-welcoming policies were turning it into a version of Portland I wouldn't mind Federal government taking over. Flame away, I don't care.

Have you even been to Portland?

I have. I had lived in several major cities in the USA, I grew up in a city apartment, spare me your nonsense about Dakotas or MAGA BS. There is no reason for our cities to be filling up with open air drug markets, disgusting tent cities and repeat criminals going wherever they want and doing whatever they want with zero monitoring and zero rehabilitation. DC was turning into a disgrace even in $$$ areas near all the tourist attractions and premium real estate. Disgusting trash filled compounds were growing next to Kennedy Center and across from National Mall. If you didn't see it or get bothered, you likely lived in your little bubble of NWDC suburban parts or you are way overdue for your next eye exam.

You must live in the dystopian version of DC because I literally have no idea what you are talking about. I live in Takoma DC and work downtown. I am all over the city. You don't sound like the type of resident we like. You left right?