Reply to DC Area Housing Bubble?

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[quote=Anonymous][quote=Anonymous]Where else but in DC can I get a SFH for $900K within 15 minutes on the bus to my office on K Street and within the nuclear fallout zone of the White House? For $900K, I'd be living in Long Island, Westchester County, or NJ with a 90 minute commute and paying $22K a year in taxes. In Seattle or SF I would be faaaaaaar my office at the price or cramming my future kids into a crappy 2BR apartment in Oakland. In London, I'd be living in Croydon and faced with a packed Tube ride into the city. Same goes for Paris. In Switzerland, I wouldn't even be able to get a decent apartment at that price due to the premium on ownership (thank god for their strict rent control).

For anyone who has never lived in a world class, international city DC probably seems expensive. But it's a god damn bargain compared to most major cities, taxes are relatively low, and we get all the best services because it's the seat of the most powerful government on earth. [/quote]
Where else?

Los Angeles, Chicago, and Houston. All of whom have larger economies than D.C.  [/quote]

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