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Real Estate
Reply to "Concerned about building in n arlington and the "bubble"."
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[quote=Anonymous][quote=Anonymous]People said real estate prices weren't sustainable around DC back in the 1990s and they've only gone way up. Sounds like a great location and lot, and you can build it as you like it. I would do it. [/quote] Now you are making stuff up. Nobody thought dc overvalued in the 90s except maybe Newt. They said it in the 2000s too, and they were rights save for Fed intervention. But form OP, if you are buying a place to live, and plan to live their 10+ yrs, take the plunge. If this is your nest egg and would be financially crippled if value plummets, then you might moderate your ambitious plans. You can always rent out the house if area deteriorates and rent somewhere else. And deterioration in a 2M neighborhood probably doesn't mean gang warfare and graffiti. [/quote]
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