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Reply to "exodus from MD"
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[quote=Anonymous][quote=Anonymous]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] Except that's the problem with real estate. No one can predict how desirable an area will be 20-30 years from now. People are overpaying for what is desirable now and might get a sticker shock about how much money they will lose or how slow their money has grown when they try to sell in 25 years. Real estate in general is so overrated. Especially at the prices for what places in this region go for.[/quote]
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