I remember that. It was INSANE how fast that happened. |
you need to pay for that link |
Cost. of. living. |
Sorry, looks like it's paywalled on mobile. Here's the data straight from the census. DC has the highest median household income except for SF. Page 4/Table 2: https://www.census.gov/content/dam/Census/library/publications/2018/acs/acsbr17-01.pdf |
Adjusted for COL they're actually 9/25. |
Tysons was high tech and consulting in the ‘90s. This was AOL era (roughly). |
It was artificially suppressed by post war white flight and suburban expansion and the riots added a couple of decades to that cycle. Now the reverse is happening coupled to the collapse of suburban isolation is creating a flood to limited markets with DC being one of them. |
Eh? What crap are you sprouting? Pre-war DC wasn't known as an expensive place. Completely different economy. Especially when you now have upper class people paying fortunes for pre-war houses that the lower classes lived in. Let that tell you something. Collapse of suburban isolation? What the hell is this? The suburbs have grown faster than DC..... |
Here is your answer: https://dc.urbanturf.com/articles/blog/since-2000-the-dc-region-added-twice-as-many-people-as-housing-units/15405?utm_source=newsletter&utm_medium=keep_reading_link&utm_campaign=Friday+May+17th%2C+2019&omhide=true |
Yes, exactly. There’s only one other thing to mention: primarily due to terrible NIMBY zoning rules, DC has been rarely ever able to add denser housing to already built land. 20 years ago DC area supplied housing for people moving here by building in Loudon and MoCo. Now there are many fewer places to build. If we don’t fix our zoning rules and build more densely, we will never fix the COL problem. |
And here it is. One of the 30 films/tv shows that film in Georgia annually has pulled out. More to follow. Stupid cow politicians messing with people's jobs and practically the only thing that keeps Georgia as a whole afloat. http://time.com/5592768/georgia-abortion-law-film-tv-industry/ This week, the director Reed Morano was supposed to fly to Georgia to scout locations for a new show for Amazon Studios called The Power. The drama series is adapted from a novel by Naomi Alderman, in which young women suddenly develop the power to release electrical jolts from their fingers, shifting gender and power dynamics around the world. At least two scouts hired by the show had been working in the Savannah area for several months, prepping for her arrival. But when Ga. Gov. Brian Kemp signed the “heartbeat” bill on May 7, which effectively bans abortion after six weeks, Morano decided to cancel the trip, pull the scouts, and shut down any possibility of filming a story arc in Georgia. “We had no problem stopping the entire process instantly,” Morano, who won an Emmy for directing three episodes of Hulu’s The Handmaid’s Tale, told TIME. “There is no way we would ever bring our money to that state by shooting there.” |
Are you seriously asking why the economies in the past, economies that are now history, why were different than the current economy and had a different cost of living are you really in truly asking that ish? |
I am in my late 50s and have lived in DC since I graduated college in the early 1980s, so I have longer perspective on this. DC has been considered an expensive city all this time,with articles on how COL here was higher than most other US cities even back in the '80s and '90s.
That's why I'm surprised a poster said that in 1998 she had a Dupont Circle apartment for $600. I don't think they were that low then. What has happened is that the fairly high COL has accelerated in this century. Could be the influx of defense contractors post 9/11 or the rise of tech and its high salaries, adding to the always high salaries of DC's plethora of lobbyists and lawyers. |
Don’t buy into this transparent developer propaganda. I woukd bet that the poster is a paid shill for Greater Greater Washington, a website funded by large developers and zoning law firms. |
Don’t buy the propaganda by the homeowner sitting on valuable property who wants to keep pricing everyone out!
It is absolutely a zoning problem. More people + not enough housing = too expensive. But don’t trust me, listen to an expert: https://www.google.com/amp/s/www.vox.com/platform/amp/2019/5/17/18628267/jenny-schuetz-weeds-interview (And I say this as a homeowner who stands to lose if this problem is solved..but yeah, the current situation is not right or sustainable.) |