Reply to What cities get the most trash talk?

Forum Index » Real Estate

Reply to "What cities get the most trash talk?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=jsteele][quote=Anonymous]
Don't fool yourself. It's not equally expensive.  
Per the Post [i]To be considered part of the 1 percent in this area, it takes a household income far above the national average of $387,000. The gateway for the region is $527,000. In the District, the top 1 percent of households bring in at least $617,000; in Montgomery County, more than $606,000; and in Fairfax County, $532,000, according to an analysis of census statistics by The Washington Post and Sentier Research, a firm that specializes in income data.[/i]

So you need about $100k more to live in NWDC when compared with Virginia. That's why there are so many Virginia haters. They can't afford it. [/quote]

You are providing data about income and then reaching a conclusion about expenses. While you conclusion may be correct, it is not supported by your data. What the data illustrates is that more wealth is required to be in the top 1 percent in the District. To make a conclusion about expenses, you need data regarding cost of living.
[/quote]

I agree with the PP here.  It is only more expensive to live in NWDC if you have kids to send to middle/high school.  In terms of quality of housing, the prices are not that much off between close-in burbs and the parts of NWDC.

In both of these places if you look at homes in 800K range it's pretty much crap.  It's not like you are going to get an updated colonial 3000 or more sq.ft with manicured yard, you will get a shitty rambler or a split level with tiny rooms and minuscule master shower stalls covered in pink tile.  Most likely this also will need repairs, not just the cosmetic upgrades.   What you are getting more in the burbs is a larger yard, better parking, but not necessarily a larger, better quality, or better updated home.   And if you don't have kids or dead set on sending them to a private school anyway, then the cost of living in the burbs most likely wont' be cheaper for you if buying your own home.   In fact it might be cheaper to live near a metro line in NWDC and only have 1 car vs. 2, spend less time/money on yard maintenance, gas to drive to places, etc. [/quote]

But then you're not comparing apples to Apples. For example the more expensive houses in the District are in areas that have little or NO metro access. Ever seen a Metro stop on Foxhall Road or in the Palisades? No. So you're playing with selective statistics. You can't compare Columbia Heights with the Reserve (McLean). The Reserve is closer to Philips Park and Philips Park is still more expensive. But this is a minor point and we're deviating from the main question of the OP. Why do people trash NWDC so much?[/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