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[quote=Anonymous][quote=Anonymous]I would not buy that house for that price.

I am totally baffled by the Pasadena-obsessed poster.  Who cares about what's happening in California when we're talking about Bethesda??  Start a new thread if you want to wax on and post endless links to listings across the country![/quote]

Poster here, the point of the posting is not to promote Pasadena, California (I love DC!), but to point out that house prices in Washington are getting ridiculously high.

I used to laugh at my friends who lived in California about the prices they were paying for their houses, and now I find that we are doing the same here in DC.

To illustrate how Washington prices have increased, I explored what we traditionally consider one of the country's most expensive housing markets (Los Angeles), and compared what you can get for your money in near-in, beautiful communities in both places. I had to make the case for the comparable, California communities so that posters would recognize them as "equals" to Bethesda and McLean.

Remember those Silicon Valley ramblers that we used to laugh at a few years back when they were listed for a million?  Well, look who is laughing now that we list our Bethesda or McLean ramblers and Cape Cods for $1.5 million.  The days when we here in DC could say that we were getting so much more for our money here than in other major U.S. metropolitan area, are over. We have essentially become that which we used to laugh at (California), with increasingly and prohibitively expensive close-in neighborhoods, and suburban sprawl out towards more affordable housing.  [/quote]

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