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Real Estate
Reply to "Millennials aren't going to buy your ugly mcmansions, silly Boomers!"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] I don't know how on earth you've convinced yourself that it's millennials buying those homes, but I agree- let's stop navel gazing and go with statistics. https://www.washingtonpost.com/opinions/millennials-arent-buying-homes--good-for-them/2016/08/22/818793be-68a4-11e6-ba32-5a4bf5aad4fa_story.html Millennials aren't buying homes across the board, and I'm willing to wager good money that they weren't buying the majority of the McMansions in Loudon county. T[b]his is not about the CURRENT state of the housing market, which is primarily still driven by boomers and gen-x. This is about what the housing market will look like in 15, 20, 30 years. [/b] If you want to stop navel gazing and have info that it was in fact millennials who bought the homes in Howard county, by all means, post it. [/quote] But no one knows that or can predict that with any degree of certainty. The current suburbs are packed with what used to be bright-eyed twenty-somethings roughing it up in the city. Thirty years from now milennials will be the same aging, stressed, adult people that 50-somethings are today. Times change. Things change. People change. Thirty years from now there will be another 20-something generation out in the world, just as convinced that it was them who invented all the cool things in life. [/quote] +1000[/quote] I disagree. There are neighborhoods all across DC full of middle class and umc families. One generation ago you wouldn't have set foot in these neighborhoods. There's been a huge shift and wave of gentrification in DC. Now moving to the burbs isn't the only option for families. [/quote] Not with school age kids, there aren't. Seriously, with over 650,000 people, you'd have more than one decent middle school and one mediocre high school if there were significant numbers of MC/UMC families (as opposed to who actually lives in DC).[/quote]
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