Reply to a big reason for the housing crunch around DC

Forum Index » Real Estate

Reply to "a big reason for the housing crunch around DC"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]This is true everywhere, all the time.  Everyone wants to live in walkable neighborhoods with good schools and amenities.  Doesn't explain why there are so few houses for sale.[/quote]

I think traffic plays a big role here...  when I graduated from college in the 90s, people lived in Arlington starter houses when they got married, then moved further out (McLean, Great Falls, etc.) when they were making more money and wanted bigger houses.  Now people add onto their starter homes close-in and don't leave for the further out burbs because who wants to double their commute time?  [/quote]

New expensive homes continue to go up all over McLean, so I'd say there are quite a few people who will take a bigger house, higher-ranked schools and a 45-minute commute over the smaller house, lower-ranked schools and 20-minute Arlington commute.  Of course, some of those buying such houses work in Tysons or further out, but many are DC professionals.  Who wants to add on to their starter homes closer-in and have their neighbors complain about their additions and building up to the property line when you can move a bit further out and have neighbors who are less likely to complain?

[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics