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Metropolitan DC Local Politics
Reply to "How do we end Montgomery County socialism?"
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[quote=Anonymous][quote=Anonymous] It's incredible to me that [b]Montgomery County has the second lowest median housing costs in the region after PG County [/b]and they want to make it cheaper. Like what? There is a reason why housing in PG County is cheap. And there is a reason why it is more expensive in Arlington and Fairfax. These people don't have a clue. I am not sure what the future holds, but I am not optimistic.[/quote] And yet homeownership is increasingly unaffordable for young people, which seems like a problem. And half of renting households spend more than 30% of their gross income on housing, which also seems like a problem. High housing costs are great for people who currently own and will want to sell soon, and for landlords without much debt. And maybe for realtors. Other than that, high housing costs are not a good thing.[/quote]
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