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Metropolitan DC Local Politics
Reply to "Legit, but dumb question about MoCo (property values & housing)"
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[quote=Anonymous][quote=Anonymous] and yet, some are convinced that people are moving out of moco in droves. I have a question for OP. Let's say at some point, you are able to buy a house in a nice area in MoCo, and eventually, your property value starts to go up to the point where now younger people can't afford to buy a home. Would you want your property value to go down so that these young folks can afford a home in your neighborhood? [/quote] Also, some are convinced that the earth is flat. I'm not the OP, but I am a longtime homeowner in Montgomery County, and no, I don't think that my desire to sell my house for a lot more than I paid for it, when I finally come to sell it, outweighs younger people's needs for housing and financial stability.[/quote]
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