Reply to The government has always been here. So why was the 50s, 60s, 70s, 80, 90s COL here so affordable?

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Reply to "The government has always been here. So why was the 50s, 60s, 70s, 80, 90s COL here so affordable?"

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[quote=Anonymous]1. Technology -not the SV or Seattle kind but the need for IT integration, consultants, operations, sales for the government. Tons of consultants and contractors. AWS choosing to have its east coast location in Herndon has been huge. Other data centers (which in the next decade will be gone and probably absorbed by Amazon) moved down to VA to reduce latency getting to AWS for their customers. Mostly in VA

2. Defense contractors. Mostly in VA.

3. Polarization of wealth in some areas. Montgomery County long ago used to have lots of MC workers. Wheaton was a higher end middle class neighborhood with country clubs. Now Wheaton is extremely poor. Most of the working middle class fled the growing poverty and crime eastern Montgomery county for Howard as they couldn't afford the western side. Smaller, regional businesses moved out of Montgomery County and took their middle class workers with them. This has meant that more people are competing for the lower crime/low poverty areas.

4. Gentrification of DC and start up businesses attracting millennials in DC, improved elementary schools in DC. This is driving DC's appreciation and higher wage earner population. The poverty is getting pushed into MD and a few burbs in VA. Its having a temporary impact on close in suburbs too.

5. Traffic and two income families. Everyone wants to be in Arlington because you can get to the high paying jobs in VA or the fed positions in DC.

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