Reply to There is no housing crisis in MoCo or most of the DMV for that matter

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Most of Moco is actually very cheap once you get about 25 minutes outside the beltway.

Not many places that are less than an hour outside a major global city where you can buy SFHs for under 500k. There are TONS in Germantown, Montgomery Village, Laytonville, Damascus, etc[/quote]

That's funny, because I just checked Redfin, and they have zero (0) listings in Montgomery Village for SFHs under 500k. Germantown has one (1), listed at $400,000 which is a short sale. Laytonsville has one (1), listed at $499,900. Damascus has zero (0). I can't check etc.[/quote]

That's because there is intense competition, and so they all sell quickly. Lots of people don't sit around whining, they get out there and make offers. You can check the sold listings. Houses like this:

https://www.redfin.com/MD/Silver-Spring/12106-Foley-St-20902/home/11025196[/quote]

There are two housing crises. One is the shortage of deeply affordable units. For-profit developers aren’t building these, but YIMBYs would like you to think that they are. The other is the shortage of single family homes. YIMBYs want to reduce the stock of single family homes even more.[/quote]

lol, this is the best summary I’ve read on the topic.[/quote]

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