Reply to Will Montgomery County ever recover?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Just looking at the appreciation forecasts for Arlington and Fairfax and feeling very depressed. If you had told me 15 years ago that houses would be selling for over 1M in Falls Church I would have never believed it. Our decision to move to Montgomery County over Falls Church or Arlington has probably cost us 600K-800K in lost opportunity equity. We were really on the fence at the time but thought that there was more room for appreciation in Montgomery County.

Is there any chance that things will flip around or will Montgomery County be stagnant or dropping for another 10 years?[/quote]

if say NOVA becomes the SV equivalent, then maybe MOCO would be the east bay (Union City, Fremont, Hayward), so a SFH in palo alto would be 3 million, while they are 1 million in fremont and union city as all the poor people get pushed into those areas. It would have still gone up like 2 found over 10-15 years,  not bad, but nowhere close to the 4-5x that would have happened in Palo Alto, Menlo Park, Mountain View or even SF. [/quote]

I live in NoVa and agree that it will be like palo alto, menlo park and mountain view. Expensive and ugly. But close in. [/quote]

But with terrible weather.[/quote]

New Jersey wasn't a sunny beach when Edison Electric and IBM set up shop in the 1870s or 1920s either. [/quote]

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