Reply to Do we stay in DC or move to Baltimore?

Forum Index » Real Estate

Reply to "Do we stay in DC or move to Baltimore?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]OP here again. I really appreciate all this insight -- keep it coming!  It is a tricky choice to make and it's great hearing all the different perspectives. I feel like DH and I have been talking about this for years (well, technically we have been, though it's only gotten real in 2020) so it's really great to have all these insights.

I definitely think part of our hang up is that we've been in DC for a long time where prices just go up up up and so there was a little bit of shock/surprise to see how much that is not true in Baltimore. It's ironic because the rapid appreciation in DC was the bane of our existence not that long ago when we were buying and could feel ourselves rapidly being priced out of the market (we were extremely lucky to snag our condo when we did, as two years later I think we really would have been priced out). Also, my parents (who live in a totally different part of the country) financed most of their retirement on house appreciation by downsizing as empty nesters and as people who do not make a ton of money, the idea of having a sound real estate investment we could cash in on in 20 years or so is very appealing. Obviously we have retirement savings as well, but I got sold on the idea of real estate as a long term investment vehicle a long time ago and it's hard to make the mental adjustment. But of course, affordability goes hand in hand with flat prices -- that's the trade-off we need to decide if we can take.

Speaking of sports, though, that might be the biggest strike against Baltimore. We hare HUGE, longtime Nationals fans and while we enjoy rooting for the O's as our AL team, we will miss not being able to go to weeknight Nats games in DC a lot.

It's just hard to leave a place you've lived in for a really longtime, even for a city that is just up the road![/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics