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Real Estate
Reply to "who's moving into city ridge? "
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[quote=Anonymous][quote=Anonymous]I have been wondering this. I’d think the DINK crowd would prefer somewhere closer to downtown and families could easily find a bigger, cheaper rental nearby. But maybe older DINKs who don’t necessarily want to live near nightlife? [/quote] I think that wealthy older DINKs and retirees is probably right. Also DINKs who would really prefer to stay in the city, but have reverse car commutes to suburban office parks in MoCo. Similar to downtown Bethesda in that regard. But that rental calculus is predicated on people without kids preferring Upper NW to downtown Bethesda, which doesn't seem that sustainable given how much investment is going into Bethesda and how comparatively little is going into Upper NW. Wegmans is nice, but my guess is that the rents will fall quickly within a few years to something more competitive with other nearby neighborhoods.[/quote]
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