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Reply to "exodus from MD"
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[quote=Anonymous][quote]Here’s what I’m getting from their thread, DC and NoVA are in a new housing bubble and everyone will lose a lot of money in a few years. MoCo has avoided the bubble and will be fine. People bought in undesirable locations like Potomac and think a bunch of Millinials should buy there house for more than they paid even though Potomac is not walkable and has no modern amenities.[/quote] No people are moving to NOVA because of the jobs and the greater appreciation potential. Its all the new businesses that are growing and projecting to grow. The expansions haven't even occurred and all the growth is basically people relocating from other areas in the DMV before it is too difficult. Potomac may come back because of its proximity to VA but VA has to rise to where no area in VA is remotely affordable before that happens. I don't think anyone in 2003-2005 could have predicted MCPS taking a nose dive but we should have seen the problems of the area not having professional jobs. NOVA had defense contractors and telecoms before the tech and finance boom in VA. [/quote]
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