Reply to The price of this house in this location is why 99.9% of new yorkers will feel poor forever.

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[quote=Anonymous]It's nuts but I also feel like DC is headed that direction and that's why I want to leave. I have loved my time here but I chose DC over NY or SF or LA partly for this reason and now it's happening here and I just am not interested in dealing with it. Even though I already own something here. When real estate hits that point of scarcity where the value of a property is completely divorced from anything except its mere existence, I just can't anymore. It's not just feeling "poor" (knowing we are not) and being unable to afford anything in a nicer neighborhood, it's also the way this trend changes who your neighbors are and the feel of the community. I know there are good things too. It's just not for me. I never want to live in a city where that amount of money gets you a hideous tract house facing a highway with no green space anywhere and requiring at least another $2 million (probably more, because labor costs are also much higher in cities with real estate like this) to even make functional. Just no thank you.[/quote]

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