Reply to List of the companies that have left or bypassed MoCo for NoVa

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why would anyone give an eff about “job growth” in a bedroom community? [/quote]

Because once schools start going down the drain property will follow.. Then the tax base flees because they have zero ties to MoCo. If there's no jobs, schools go down the toilet, and property values follow suit, how does the big govt machine in MoCo support itself with a crumbling tax base.[/quote]

This has already happened in Moco.  Agree with everything in your post except future tense.[/quote]

Then why did home prices average near 1 mil just to live in Silver Spring?[/quote]

Because the buyers couldn't afford to live in Arlington.[/quote]
um.. ok, but $1mil sfh in a suburb is still darn expensive.  So, if people are *fleeing* MoCo, why is the housing in MoCo still expensive?

The same argument plays out in CA.  Yes, people are leaving CA.. because they are priced out.   Home prices in CA are ridiculously expensive.  I used to live there; my family still lives there.  Their tiny, ugly, 2br/1ba condo in a no thing, sleepy suburb with tons of strip malls is going for $550K; SFH goes for $1.5mil+. Again, this is in a no-nothing, suburb in SoCal.

I don't think some people understand supply and demand; yet, I bet you think you are a smart R.[/quote]

No, I am a very smart Democrat who actually understands supply and demand -- and I also understand the effect of Prop 13 and how schools are districted.  Why don't you tell me how that affected the housing supply in California -- along with the fires, floods, mud slides, and other disasters that each year wipe out a part of California's housing stock.

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