Reply to Is there any reason to buy in MoCo instead of Fairfax?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I would buy in MoCo if it was close to my work, and if money was no object I think Bethesda is a much nicer looking area than McLean.  The only people I know who have bought in MoCo are locals who grew up there and are just used to the area or want to be close to relatives for child care purposes.  From an urban planning perspective, I think MoCo developed much better than the sprawl in Northern VA.

If I was wagering, [b]I'd say that FFX will remain pretty stable over the next 20 years[/b] but MoCo will slowly but surely deteriorate into a land of major income inequality, declining older suburbs (places like Gaithersburg and Germantown), and deteriorating schools.  Taxes are high and the low income majority-minority areas keep growing.[/quote]

But what is to say this won't happen in NoVA either?  There's no shortage of undesirable areas in NoVA that I don't see getting better.  Areas like Annandale, the Route 1 corridor, Herndon, parts of Reston, Sterling, Springfield and Woodbridge to name a few.  I don't see how those areas will remain stable or not decline further.  If anything, with the high housing costs in NoVA, I can see even more of a inequality divide occurring between these places in NoVA as well.  [/quote]''

Sterling is in Loudoun; Woodbridge is in Prince William.

Reston was booming and Herndon will benefit from the Silver Line extension.  The Route 1 corridor will receive major attention in the coming years, if macroeconomic conditions don't put a damper on everything, because it was already a priority area and the new Chair of the Board of Supervisors is from the southern part of the county.

Annandale (inside the Beltway; outside the Beltway remains a very solid area) and Springfield (but not West Springfield) have lagged behind other parts of the county for years.  That won't change, but neither will it aggravate the existing divide.

MoCo is not as fortunate, and that's been clear for decades as incomes in the county continued to slide in relative terms compared to other jurisdictions in the DMV.

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