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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I've been in real estate for 20 years. From my experience, the 💯🏆🔝😍 locations are still relatively strong. On the other hand, the 🗑️💩🪠🤮🦨 locations are having a tough time in DC proper. People don't want bad schools, the irony of having poor walkability while living in the city, and living near public housing.

I think we are in the midst of a repricing of assets. Gone are the days where people are buying into the dream that Petworth or Edgewood will become the next Logan Circle in short order. [/quote]

Both Petworth and Edgewood have seen major price increases in recent years. And at the same time, the performance of John Lewis Elementary in Petworth has really improved as they've gotten more neighborhood buy in. And both neighborhoods have extremely popular charters in them.

I used to live in Logan Circle and I actually think these places are on a similar trajectory. I remember in LC in 2004-2010ish people were still fretting that it wasn't going to get better but it improved bit by bit and then I got priced out!

Same thing happening in those other neighborhoods you mentioned (I live on Capitol Hill now so no dog in this fight).[/quote]

Petworth and Edgewood are not on the same track as Logan Circle. It's ludicrous to suggest that.

You also have your dates wrong. LC started gentrifying around 1998-1999 and was already UMC stroller central by 2004.[/quote]

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