Reply to So tired of the crappy housing stock in the DMV combined with skyrocketing prices

Forum Index » Real Estate

Reply to "So tired of the crappy housing stock in the DMV combined with skyrocketing prices"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][b]Basically, what you want you can’t afford and what you can afford, you don’t want. [/b]

Showing real estate in other markets to make your point is irrelevant. I’m sure there are stunning homes for 1.2M in the midwest but they’re in the midwest.

You found a tiny home that was stunning in the suburbs of LA but would your job transfer there? [/quote]

DCUM in a nutshell[/quote]

You are missing the point.

Adjusted for the cost of living, you can afford a charming house on a middle class salary in other cities, specifically cities in the Northeast and some cities in the Midwest that were well established before the early 20th Century. DC was not a well established city then so it does not have the charming housing stock of these cities with more pre WW2 housing stock. As PPs have said, this is why middle class and UMC people are living in s shacks without any character. It’s either that or  a $1.5M+ new build that no one can afford because there are very few pre War homes with character around and those that are around are mostly flipped and sell for $1.5M+ as well.[/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