The rich don't take metro or sit in cars for hours on end. |
Grumpy from the long commute? |
Perhaps the two of you could just get a room and work it out? You both sound more than a little bit thirsty. |
But a lot of us do live in million+ homes just a few blocks from Metro. Property is expensive close-in/city so you need to be rich to live there. |
The homes in Arlington are smaller due to inherent lot size so they can't fit multi-generational large foreign families and friends in them. They tend to go to the faux mansions in the suburbs. There are also strict regulations. |
Ah, yes, the "Tysons Corner Urban Moms' contingent, nice that you joined in, couldn't stay away from an Arlington thread, eh? |
Asians are smart, they know where to find the good houses. |
You mean, the truly rich, who have like helicopters? They don't care about schools and live in NW. Those that live in Mclean AND send their kids to public school definitely are commuting to work, maybe not by metro, but they have to get there. Pretty sure the Pentagon and WH frown on private helipads in DC, so you are probably stuck driving. And driving from Mclean to Tysons or Mclean to DC is longer than Arlington to DC. (Though XYZ to Tysons is always terrible b/c Tysons is basically a parking lot at all hours). |
Even if Mclean/Vienna schools are similar, parental involvement is a big predictor of school success. So you trading down the time you have with your kids (less parental involvement) with a longer commute for (what you perceive as) better schools. |
Fixed that for you. |
When you are rich you don't work far from your home. |
| So, back to OP question somewhat, if Arlington is in a bubble, what about Mclean, Bethesda, Potomac? Are prices there still below housing bubble 1.0 peaks? Or not as crazy as the multimillion teardowns that are now selling in Arlington? |
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If you're talking about Country Club Hills or thereabouts (sounds like it from the description?) then your home will fit right into the numerous other $1.5-3 million homes in the area. Look at the neighborhood comps to determine whether you're making a wise investment.
Who is the poster that's stupid enough to think that because wealthy people drive to their offices downtown, they want to spend 2 hours in their car every morning on the Beltway? That's the funniest thing I've heard all morning. The less wealthy people I know are the ones that buy all the way out in the far-flung suburbs because they can't afford nice homes near downtown. You are really off the mark, which makes me think you neither have money yourself, nor any wealthy friends. And of course, no common sense. |
More dumb comments back and forth: - McLean is adjacent to North Arlington. The difference in commuting time to DC is incremental, and it's an easier commute to other places with jobs. - North Arlington is an easy commute to either DC or Tysons. - The OP specifically asked for comment on whether spending @$1.8 million in North Arlington vs. McLean made sense financially, so presumably was interested in hearing from people who decided both in favor and against North Arlington. |
McLean to Tysons is generally a shorter commute than either Arlington to DC or McLean to DC. McLean to DC is longer than Arlington to DC, but they are adjacent to one another, so the difference is simply incremental. |