Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Real Estate
Reply to "Missing middle- Arlington "
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why do you need a middle? Most rich towns often have rich homes and a poorer section where the maids, landscapers, handiman live. I mean does Beverly Hills, Palm Beach and Aspen concerned about the middle? No [/quote] Don't worry, this will actually help get rid of the middle class, as old-time, middle and lower-class homeowners sell out to developers. And then upper-class people move into the new duplex, townhouses, and multiplexes. It's a developer's dream.[/quote] Are upper class people dying to live in multiplexes? [/quote] I know things get confusing in a HCOL area like DC, but if you're buying a $1.25 million duplex, or renting a $4000 unit in a multiplex, you're upper class. You're certainly not the 25-year-old middle-class nonprofit worker, teacher, or firefighter who thought this was the ticket to living the good life in Arlington[/quote] Yes, but you’re not the same level of upper class that can afford a $2.5m new SFH. Most likely you are looking at a two professional income family that brings home around $300k - $400k and has little bit of money saved up or some family help, probably has some student loans from getting those professional degrees, and if they have kids has about $40k or more in annual childcare costs. That’s who is going to benefit- the UMC folks who used to buy here and found themselves increasingly priced out of what has become a place that is only welcoming to the very wealthy and very poor who won a lottery slot. [b]The nonprofit workers and public servants have been priced out of the types of houses they want here for a long time. Yes, they could buy a tiny condo or rent a small garden style apartment even at their incomes, but they want space and a few walls of their own. MM isn’t going to give that to them.[/b] [/quote] I think MM is precisely for those people. Compromises are going to have to be made of course, that’s what we did. We’ll have to wait and see but MM is ideal for those people. Only their entitlement will be an issue the way I see it, everyone here thinks they deserve a sfh[/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