Reply to What is stopping NoVA from reaching SV level prices?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]NoVA isn’t even the most desirable spot locally, not sure [b]why they think they are relevant nationally. [/b] When [b]your claim to fame is being close to somewhere such as DC [/b]in this case, you should be a bit more humble about your alleged greatness. [/quote]

So, do you not think the fact that it’s the capital city is significant? Or, you think there shouldn’t be a capital city? Or, that it should be NYC or Palm Beach instead? I mean, DC is so inconvenient for Trump’s golf game. [/quote]

NoVa isn’t the captial city, DC is. NoVa isn’t even the capital of Virginia is is often pushed around by Richmond which is one of the things that will always hold it back.[/quote]

You implied that being close to the capital city is no big thing. It is. Short of being part of the city, Arlington is one of the closest. I’m not arguing that it should or will reach SV levels. I think PPs unthread make good points about factors (like Prop 13) that aren’t in play on a large scale here (Arlington County’s tax forgiveness is much more limited in scope, and hasn’t been enough of a factor, historically, to limit housing supply to the extent that prices are affected). But being so close to DC, and Tysons, and now National Landing, is a big draw for people who prioritize short commutes. Current prices reflect that reality. 
[/quote]

Once again being close to cool areas isn’t the same as being a cool area. No one in DC says if only I lived closer to Columbia Pike! You are confusing convenient proximity to being somewhere. DC is an important place, Arlington is near to an important place.

That is what is keeping Arlington from being special, the fact that it isn’t. [/quote]

Exactly. Arlington is just a suburb and nothing more. It's as bad as people who live in Jersey who say they live in NYC. No, being across the river from NYC doesn't mean you're in NYC. P[/quote]

I mean, it [i]was [/i]just a suburb, a desirable one, as the market already shows. But I’d argue that it’s not going to remain just a suburb now that it has Amazon. Doesn’t mean it’s the next SV, but it does portend change. Anyway, the point is Amazon made their choice and I think it will be a fairly significant event influencing how this region grows and changes over time. [/quote]

Arlington literally has the nation's defense HQ there with the Pentagon... It's still a suburb of DC, whether or not you want to admit it. Amazon isn't going to give it magic "city" powers suddenly...[/quote]

If I were a betting person, I would bet that Arlington County incorporates as a city at some point in the not-too-distant future. Even if it doesn’t, I don’t know why it matters that it’s outside of the DC boundary, except for tax purposes. It has urban and suburban parts, much like DC. Of course DC will be a power center and the larger city, probably as long as I’m alive, but it might not be the only one, is all. [/quote]

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