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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Pg county. The final frontier where you are paying close to a million dollars to live in a shack. [/quote]

It occurred to me recently that the reason this will not happen anytime soon is for other reasons, mostly political and some funding related. Maybe it will change with redrawn districts in future elections and younger buyers, but it will still take time. All of the younger buyers are there because they are burdened with the loans that they cannot pay back, and the rising health care costs that were reasons the ACA was established anyway. [/quote]

“All of the younger buyers” is a bit of an absolute.  
They could also be there for proximity to work at places like NASA or any manner of other reasons.   
It may fit into your narrative but may not be the truth.

[/quote]

Are you a younger buyer? And what does that have to do with appreciation? PG County is as large as Fairfax. There is a reason that there is no commercial investment there. I’m telling you it’s for political reasons and a lack of voter engagement demanding otherwise.

It’s similar to Baltimore. No one is interested in the politics and community modifications necessary to attract a large workforce. Amazon HQ could have taken all that cheap land as the new FBI. And everyone doesn’t work in green belt or college park. There are old people who moved out of dc when they sold their row homes for $350K back in 2010 and there are uou g people who want the space. But this is not an argument about appreciation.

Even national harbor had new residential units selling at a loss. PG has political issues rhey need to rectify and there is no incentive to change until there is more community activism. They’re bread and butter is turning to gaming, expanding mgm to allow boxing will change, bordering a ferry across the wharf and old town may create appeal.

It’s not a narrative. Again, it is my experience. YMMV[/quote]

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