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Reply to "Housing prices have gone insane"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Good lord, who has the time to dig up these statistics for school districts they don’t even live in. We get it PP. You have a 1.5m house in the exurbs and send your kids to private school. Please make sure to tell us all that fact over and over again while you disparage schools that your kids don’t even attend. I’m sure you’d rag on my $1m Arlington house, but I don’t care. I grew up in a big fancy house and it was fine. But we had to get in the car to go everywhere and we were too far from the city to go in very often. My family has chosen walkability (to metro, parks, restaurants, trails, etc.), short commutes, and the ability to go into the city often for date nights, museums, etc. It feels like the best of urban amenities, but with a quiet suburban neighborhood feel. It’s perfect for us. My kids are excelling in school. They will go to HS at Yorktown, which is “only” a 7/10, but there’s so much more to life than fretting over average test scores. Our quality of life here is really great. Sure our house could be fancier, but we are the type of family that likes to get out and about anyway. I’m glad you found something that works for your family, but you should really sit with yourself and ask why you feel the need to make gross generalizations about people sending their kids to public schools in Northern Va.[/quote] It actually only took me less than 10 minutes to find the statistics, and I’m very aware with how the local schools perform given that I was house hunting in the area just a few years ago. Even if they won’t admit it, I don’t think anyone would choose living in a small old house over living in a big house on the water. It’s honestly really disgusting seeing people in this thread say that $1M isn’t a lot of money when most Americans are living in homes that are only worth 15-20% of that much money, and even the average house price in Maryland, the wealthiest state in the country, is only 30% of that. Just 6-7 years ago, the average home price in Bethesda was in the $700k range, and now all of the sudden it is very quickly approaching $1M. How does nobody see a problem with that? People are selling their houses to a generation of new families that are in more debt than any other precious generation for a fraction of what they paid for it, and people are wondering why millennials are struggling! What does it say about America when people have to pay $1M to live in a crummy small house in a 7/10 public school district that is 20-25 minutes from DC with traffic? Only in America do “public schools” even factor into our property values, when they shouldn’t because all public schools should be stellar, regardless of the zip code. Even if it is what it is, people should not be okay/complicit with it. I didn’t move to McLean or Bethesda even though I could have afforded to pay even more for the house I own now and buy an actual luxury house in these areas, because I didn’t want to contribute to the growing problem of housing shortage, especially for the middle and working-class. This housing market is not normal, and even the people living in the area cannot afford their homes and are one financial crisis away from losing their houses. Especially with the economic burden the pandemic has placed upon many people, it’s insane that people think these prices are reasonable. That house’s quality itself screams $400k, and the public schools/location should not value it anymore than $200k higher than that. I didn’t grow up as well-off as I am now. I grew up upper-middle-class and attended a pretty average public high school, but it seems that a lot of the posters in here are not only affluent themselves, but come from families that were also super well-off. That must be why there’s such a huge lack of self-awareness here. This market should look insane to even people who can afford it. And again, less families are willing to put up with this. Most people with the money will not buy these houses, and the number of people willing to do so will continue to decrease. I don’t live in the middle of nowhere. Most people I know in the inner burbs aren’t hanging out in DC every weekend anyways. I can easily get to DC in 30 minutes from where I live, and I also have a bus and MARC nearby. I can go to DC to hangout whenever I want, and Downtown Annapolis and a bunch of shopping in Annapolis and Crofton are right next to me. I live in a very nice community and my kids are exposed to people who are less fortunate than them in the greater area in general, so they definitely won’t grow up making ridiculous statements like “$1M is not a lot of money.” Many others are willing to commute for up to an hour. I don’t have a problem with people living in these houses. I take issue when people act as if these exorbitant house prices are normal, because they’re not, even for the DMV region. [/quote] You need to take a seat. You have a major chip on your shoulder.[/quote]
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