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Reply to "Will Montgomery County ever recover?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Just looking at the appreciation forecasts for Arlington and Fairfax and feeling very depressed. If you had told me 15 years ago that houses would be selling for over 1M in Falls Church I would have never believed it. Our decision to move to Montgomery County over Falls Church or Arlington has probably cost us 600K-800K in lost opportunity equity. We were really on the fence at the time but thought that there was more room for appreciation in Montgomery County. Is there any chance that things will flip around or will Montgomery County be stagnant or dropping for another 10 years?[/quote] I would take quality of life over home appreciation anytime. This is why chose to live in MoCo over NoVa. [b]The quality of life in NoVa is horrible. I don’t want to raise my family around rednecks just because my house would appreciate by a few more bucks.[/b] Your home is primarily a place to live. If your financial success depends on your home appreciation, you are doing it wrong and you are going to lose badly. Remember this: Your primary home will never make you rich. A bad place to live will ruin your life and happiness. Enjoy you happiness in one of the best places to live in the country (MoCo)[/quote] Where are these rednecks in NoVA? Or - are you comparing all of Northern Virginia, which includes Stafford, Culpeper, etc, with just Montgomery County, the wealthiest single county in "southern maryland" and excluding places like PG, Anne Arundel, etc, where there are definitely no "rednecks" or otherwise undesirable to you people? Whatever makes you feel better I guess.[/quote]
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