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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]^^and I lived six blocks east of Union Station in grad school, absolutely loved it, rarely felt unsafe.  But 13th and H is too close to random crap for my liking.  We have friends who live not far from there and the DW has been across the street from two random shootings not far apart.  No, thanks.[/quote]

OP Here - I'm curious if you think that is changing though as developers move 'up' H Street. Will they hop over to Benning too?

I know when I first moved to DC in 09 - no one in their right mind would buy on H Street. It was a fad place with a few restaurants that wouldn't last. Now? It's one of the best places to eat in all of D.C. with strong retail and grocery and real estate appreciation.

So that's part of why I'm considering it? And I can save $400,000 on a three-bedroom...[/quote]

I bought a block off H in 2006. We’re still here, still happy, and have a house worth more than twice what we paid for it. [/quote]

Bragging about home appreciation is like bragging about marriage for money. Yah burning trough it might be fun but you are missing the point. I rather live somewhere nice and lose money on a house.

Of course some will say they’re happy but strangely always caveat it with “don’t doubt us we made money”. No one in nice neighborhoods have to quantify that at least they made money living there. Your insecurities are more telling than your words[/quote]

This makes no sense. Appreciation is literally the process of people deciding that the place is nice (or is becoming nice), that they want to live there, and that they are willing to pay more to live there. Hate to break it to you, but if prices are declining where you live, it's because more people are deciding that they would rather live somewhere else.  Probably somewhere more like H street, in fact.  You should live where you're happy, but what's wrong with saying "I like this place, and clearly other people do too!"

Is H street perfect? No. But H Street now is nicer than 14th St NW or 9th or 7th were a decade ago, easily. It has all the same great potential as those places, if not more because of the feasibility of major redevelopments nearby like Union Market.  The rowhouse neighborhoods surrounding it are arguably even better, with more small yards than you'll find elsewhere in the Old City, and with houses that are well-sized for small families and not so large as to be subdivided into units.  And, as a result, it (in my experience) maintains a great "neighborhood" feel, with lots of people who have set or are setting down longer-term roots.[/quote]

This isn’t true,  appreciation can stand for many factors. Rebaselining of the currency, influx of money chasing homes, increase access to credit, increases to population. More desreable areas being priced out of reach to comparable demographics or simply an across the board increase in demand across all niches.

Expensive does not always equal more desirable and it absolutely doesn’t always mean nicer. It only means more expensive [/quote]

Oh c'mon, this is just being pedantic. Clearly the statement was in reference to relative appreciation of comparable housing within a metro area, which isn't meaningfully affected by things like currency appreciation or access to credit.  Prices around H Street have gone up much faster than have many plausible alternatives, and this is because more people find the area more desirable.  Does anyone seriously dispute this?[/quote]

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