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[quote=Anonymous][quote=Anonymous][quote=Anonymous]
Prices have increased at a higher rater than salaries, OP. You knew that, right?

Everyone is in the same boat.

We're still not sure if the US can avoid a recession in 2023 and 2024, but even if there is a recession, upper NW, Bethesda, Chevy Chase and some areas of NoVa will always increase in price.

So unless you're benefiting from free preK in DC, I'd move to MD or VA right away, in an area with great public schools and public transport - not necessarily to put your kids in there, but to guarantee the continued value of your house. It's an investment consideration. Of course the excellent public school clusters will also be expensive. I'm in Bethesda just west of downtown, and houses are 2M+ here.

[/quote]

Obviously I know this. But we're saving 50% of our HHI every year, and so we are saving more quickly than COLA adjustments. I just can't keep up with $200k+ spikes in prices every year. I'm allowed to express a little sadness anonymously right?

$2m in walkable Bethesda does not help my situation  :lol:

I'm trying to talk DH into considering Takoma Park or Silver Spring. [/quote]

PP you responded to. Right - we'd barely be able to afford buying into our own neighborhood if we had to pay current prices!

However, to be perfectly frank with you, I'd consider north Bethesda over Silver Spring and Takoma Park. I used to live in Silver Spring, and we visited several houses there and in TP. The schools are just not good, and it's easy to go from nice street to sketchy street. The best MCPS clusters are Whitman and Walter Johnson, followed in no particular order by BCC, Churchill, Wooton. So I suggest you look at each of those boundaries, and figure out your commute, and then go from there. Walter Johnson is overcrowded, and a new high school is being built right next door, called Woodward. It will create a new cluster, so boundaries in that area between Bethesda and Rockville will change in 2025-2026. But I'm sure Woodward will be a great cluster too, considering its location. Don't buy too close to 495 or 270, there's still a tentative plan to widen them in that area, and it pushes pollution into your home anyway.[/quote]

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