Reply to Legit, but dumb question about MoCo (property values & housing)

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Reply to "Legit, but dumb question about MoCo (property values & housing)"

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[quote=Anonymous][quote=Anonymous]OP here

My ideal situation would be a cool looking duplex with a nice, shady back yard in Takoma Park or Wheaton or outer Silver Spring. Something that two normal people with normal people jobs and normal people salaries can afford and live normally. 
My partner and I don’t need fancy things. We’re work to live people, not live to work people. We’re good employees but not trying to hustle our way into stratospheric incomes. We just want to live life in the place we call home. And we think more people like us should be able to do so.[/quote]

Absent family wealth, getting your first place in DMV has been difficult for at least 30 years.  Yes prices dropped lots in 93, and 2009.  Still, it's an area of annual growth in number of jobs (well, not MoCo for the last 10 years - but you can live in MoCo and work in DC or VA or PG) so without new housing, the existing housing will be worth more most every year as more potential buyers take the new jobs created in the DMV every year.[/quote]

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