Reply to Concerned about building in n arlington and the "bubble".

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Can the people who live in North Arlington afford their homes if they had to buy it again? Do the incomes support the home prices? Are there other areas being developed elsewhere that are like pre-arlington before the metro? Are people still investing in developing metro centric Arlington area? These are all important questions to ask.

Live in North Arlington because you like it but as an investment it would not be as good of a choice as other places.[/quote]

Yes.  Most of our neighbors have bought in the last 5 years when prices have been very high.

The people buying have super HHI-- partners, business owners, drs, etc.

Our income has tripled over the last decade.

The stereotypes are gone.  This is a very wealthy area.  [/quote]

The median hhi doesn't support your notion. Maybe in your one neighbourhood block.[/quote].

Because it is by zipcode, dumb shit.  20007 is uniform.  22201 has a gazillion condos and apartments with 20-30 yeAr old singles...and affordable housing units.  We make $550k and are less than a lot of households on our 'hood.[/quote]

+1
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