Reply to How do you tell a DC native from a transplant?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The black DC natives got gentrified out to PG County and the white DC natives moved to Gaithersburg or Olney.   [/quote]

Not gentrified. They chose to go for new single family homes with larger yards. Suburbs, baby![/quote]

Because they were priced out of DC. My Auntie in DC owned a townhouse near rock creek in the 80's. She wanted to keep it because it was huge and as big as the SFH she bought in Maryland. She moved there because of severe damage to the TH. [/quote]

Wait, I’m confused. So are you’re saying your auntie was priced out of owning TWO homes? Or are you saying that she sold her row house for a nice profit and bought a big SFH in MD because she didn’t want to do repairs on her own home. [/quote]

DP: I won’t try to speak for the PP.  I do want to point out that what people like you insist upon calling “a nice profit” is rarely if ever enough to buy another home in our original neighborhoods.  And the taxes and insurance are killers once the assessed value of the houses shoot up precipitously once gentrification hits. So yeah, people often move to MD — but for most, buying in their original neighborhoods is no longer a realistically affordable option.

— I said I wouldn’t do this, and the PP can correct this if I’m wrong. But:  I understood this as: the aunt sold her huge DC townhouse because of damage, and because she did not have the funds for repairs.  She was able to get enough money from the sale to purchase a house in MD. (We don’t know if she has a mortgage on the MD house.) I’m guessing this because I’ve known people— who were retired and on relatively small, fixed incomes, who had long owned houses that were 100 years old or more.  The houses began to need repairs— roofs, rewiring, plumbing — that they then, could not afford, in part because of gentrification, and consequent increases in taxes and insurance, as well as in the costs of doing major repairs. Sometimes the houses are damaged because of major renovations and new construction on adjacent row houses, damaging properties that then irrevocably change people’s lives along with their old neighborhoods.

So people paid off their mortgages and set aside funds for expected repairs— but hadn’t planned for or envisioned the exponentially higher expenses for pretty much everything that gentrification created.
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