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Real Estate
Reply to "Housing prices have gone insane"
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[quote=Anonymous]Even if my job or DH’s was 100% remote which it definitely will not be (I could work 2-3 days remote already, he could work 1) I’d still choose where I’m living in Alexandria city. I love the proximity to everything. Sure there was a premium but we didn’t just move here to be close to our job. This allows us to live with just one car, with a smaller footprint house which we wanted anyways, a within walking distance to plenty, 10-15 minute drive or public transport from anything I need: stores, restaurants, museums, theaters, and live in a diverse community. On the days I do commute, I’m there and back sooner. For me, living here isn’t just about work. I have no idea what will happen to housing prices, right now it’s clear there isn’t a lot of SFH inventory and that could change as attitudes shift. But we are staying put, and would not have made a different decision. I do think the shift remote for a lot of white collar workers will allow people who can’t or don’t want to purchase close in to move further. But I doubt demand for SFH will soften so much close in that we see an absolute cratering of prices and suddenly you can buy a $900k house in Arlington for $600k or less. But honestly, no crystal ball in this situation. [/quote]
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