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DC Public and Public Charter Schools
Reply to "Recommend your child's DCPS w/ these values?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]buying is a waste of your money for less than 5 years.[/quote] Not necessarily in DC. We have owned our Petworth row house less than five years and it's appreciated $350k. [/quote] it's just luck though. We bought in 2010 (near bottom of market) and lost money after agent fees. owned 4 years. [/quote] that said, I think 8 was the magic number for us - when our miniscule appreciation turned into us breaking even. this is DC btw. not everything, and espeically not older condos, appreciate[/quote] Yes, and no guarantee that next 5 years will be like the past 5 years. Very unlikely that the current pace of appreciation in some neighborhoods is sustainable.[/quote]
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