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Real Estate
Reply to "Housing prices have gone insane"
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[quote=Anonymous]To the PP so aghast at home prices going up in the close-in DC area, are you also similarly upset about home appreciation in other expensive areas of the country? Even places like Austin, Denver, and Seattle are getting pricey. I know families who can’t afford the neighborhoods they want in those areas. What is special about the DC area that “something is wrong” if people can’t afford Bethesda, Arlington, McLean, etc? People who are priced out will move to the next area and then that area will become expensive and so on. Washington, DC is a capital city and job center. Maybe telework will change things, time will tell. But there have been expensive cities since the beginning of time. Are you bitter about people making 300k+ a year living in small/old housing outside other large cities? Just because *you* don’t think it’s worth it doesn’t mean the market doesn’t think these homes are valued at this amount. I’m sorry you had to realize you’re a small fish in a big pond here and your dollar doesn’t go as far close-in, but if you’re so happy moving elsewhere why are you still lurking on a DC real estate board and gawking over the local school rankings/forums? Your postings don’t seem like the ramblings of someone who is all that happy.[/quote]
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