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[quote=Anonymous][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]

You've already lost if you treat your own housing more like the stock market than a roof over your head.  If you have a nice house that you live in and enjoy and it is close to work and the house has at least held its value relative to inflation, then what are you complaining about?  No one can easily predict which housing markets will actually exponentially increase over 20 - 30 years.  Housing should be viewed as a place to live.  [/quote]

+1 but this is an unpopular viewpoint. Everyone wants to believe they are sitting on a goldmine [/quote]

OPs point is that people who bought in Alexandria or Arlington in the late 90's [u]were/are [/u]sitting on a gold mine.  I bought in Alexandria in 1999 and our house appreciated @ 90%  in 5 years, stayed level during the recession, and then we sold for 100% profit shortly after (and it wasn't a cheap house to begin with). All tax free.  I rented a house in Arlington that sold in the late 90's that has appreciated more than that. It was a lovely neighborhood that we enjoyed living in, but it was also a great investment. I see houses that I toured in 1990 in Potomac that are selling for about the same price now (adjusted for inflation). It's reasonable to be annoyed at not losing $$ when you see people around you doing very well on a similar investment. [/quote]

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