Reply to There is no housing crisis in MoCo or most of the DMV for that matter

Forum Index » Metropolitan DC Local Politics

Reply to "There is no housing crisis in MoCo or most of the DMV for that matter "

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Most of Moco is actually very cheap once you get about 25 minutes outside the beltway.

Not many places that are less than an hour outside a major global city where you can buy SFHs for under 500k. There are TONS in Germantown, Montgomery Village, Laytonville, Damascus, etc[/quote]

That's funny, because I just checked Redfin, and they have zero (0) listings in Montgomery Village for SFHs under 500k. Germantown has one (1), listed at $400,000 which is a short sale. Laytonsville has one (1), listed at $499,900. Damascus has zero (0). I can't check etc.[/quote]

Huh? I[b]’m literally looking in Redfin right now and there are many options under $500k. [/b] If someone doesn’t want to move that far out there are options in aspen hill/wheaton too.  If they want somewhere with “better schools” then there are apartments and condos available.  Most of the new construction close in is the latter anyway.  There are trade offs to living in this area, if you want the cheap big house on an acre then this isn’t the place for you.[/quote]

Not for SFHs in Montgomery Village, Germantown, Laytonsville, or Damascus, there aren't.

In realtor.com: 
0 in Montgomery Village
2 in Germantown (the $400,000 short sale, plus a contingent listing for $495,000)
1 in Laytonsville (the $499,900 one) 
4 in Damascus, because realtor.com seems to define "Damascus" more expansively than Redfin: $499,900; $359,500 for 2BR/1BA, 773 sf; $400,000 for an uninhabitable house, cash only; $345,000 for 2BR/1BA, 774 sf.[/quote]

Omg, you poor baby.  You deserve a SFH.

What's wrong with an apartment, condo, or TH?  [/quote]

Remember this?

[quote]Most of Moco is actually very cheap once you get about 25 minutes outside the beltway.

Not many places that are less than an hour outside a major global city where you can buy SFHs for under 500k. There are TONS in Germantown, Montgomery Village, Laytonville, Damascus, etc [/quote]

It's wrong.[/quote]

Nope, what's wrong are your expectations. Plenty available:

https://www.zillow.com/homedetails/3831-Hamilton-St-F-101-Hyattsville-MD-20781/37516870_zpid/

https://www.realtor.com/realestateandhomes-detail/222-Farragut-St-NW-Apt-203_Washington_DC_20011_M68787-31037?from=srp-list-card

https://www.realtor.com/realestateandhomes-detail/505-Kennedy-St-NW-Unit-202_Washington_DC_20011_M96260-08366?from=srp-list-card

https://www.realtor.com/realestateandhomes-detail/1805-Carters-Grove-Dr_Silver-Spring_MD_20904_M54240-95664?from=srp-list-card

Plenty of options available. Boo hoo, you can't afford a 3000 sqft, 4 bedroom home, with a garage and a yard.  Stop feeling so entitled.  Plenty of affordable and nice condos are available with 2 bedrooms, which is all anyone needs anyway for a family of 4.  Billions of people in the world live in that kind of space.  [/quote]

None of those listings are houses, and three of them aren't even in Montgomery County. Are there plenty of houses under $500,000 in Montgomery Village, Germantown, Laytonsville, or Damascus? No, there aren't. In fact, I'm guessing the person who made that assertion thinks of Montgomery Village, Germantown, Laytonsville, or Damascus as basically Here Be Dragons.

Is there housing you can buy, in the DC area, for less than $500,000? Yes, there is. Nobody has said there isn't.[/quote]

Who said you need a SFH?

You people are nuts expecting to buy cheap SFH for under $400k in the most expensive areas of the country.  Who cares if some are in PG vs DC vs MoCo? It's virtually all the same anyway. No one is owed cheap homes for under $400k in these parts.  The only crisis going are are peoples' bloated expectations for what they can afford and what is 'good enough' for them.   There is plenty of housing. We simply have an overabundance of ridiculous expectations. [/quote]

Try looking at this from a generational perspective. Do people starting out today have the same housing options as earlier generations, even people buying 20 years ago? Plenty of GS12s x2, could buy a house in Rockville 20 years ago. Now they need to look at Damascus or Clarksburg.

Do we expect people a generation hence to have even worse prospects? What sort of politics can you expect with declining standards of living? [/quote]

Omg, cry me a river.  The US doesn't have the same economic supremacy anymore as it did post -WW2 because there is much more competition across the globe.

Again, who said you deserve a SFH? Billions of working professionals live in apartments with their families in China, Japan, South Korea, France, Germany, the UK, etc.

No one is entitled to a SFH. There is housing stock available. You're problem is that you simply think you're too good for it.  There is no housing crisis once people readjust their expectations in life.  Americans have so much sickening entitlement mentality these days simply because they exist and think they're owed.[/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