Reply to Thoughts on moving to Arlington?

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[quote=Anonymous][quote=Anonymous]
shhh don't tell anyone, but I heard that there are other major job hubs in Virginia and many other metro-centric developments in the works.[/quote]

Yes - because we all know that no one works downtown any more and that traffic is getting better.  If anything, the diversification of employers in DC has made my property even more valuable- I live in Arlington and have a sweet reverse commute to Tysons (12 minutes).  My co-workers from Ashburn take an hour plus.

[quote=Anonymous]
Don't tell anyone but both real estate and VC cap investors already have changed their focus away from arlington because it's tapped out.[/quote]

I am unconcerned about the flippers and slum lords.  Property values are high for reason.  The reasons that people like living in Arlington (proximity, schools, quality of life) are not changing.

[quote=Anonymous] "Arlington County, stung by the expected loss of 17,000 jobs and concerned about the impending opening of the Silver Line in nearby Tysons Corner, will focus this year on luring high-tech start-ups, university researchers and corporations working with federal science agencies."

http://www.washingtonpost.com/local/arlington-seeks-more-tech-start-ups-aggressive-business-development/2014/01/01/e80d02c2-7310-11e3-9389-09ef9944065e_story.html[/quote]

Did you read the article!?  It discusses military-related closing near the Pentagon and does not imply, in any way, that it is undesirable for businesses to be in Arlington.  Moreover, I don't understand your more general point that residential owners should be alarmed that businesses may move out of the neighborhoods.  For the most part, people who live in Arlington don't work in Arlington, and even an employer changes locations, such as to Reston, this does not make residential property any less desirable.  Yes, the county does want to keep a strong economic tax base, but Arlington's financial situation (fueled by high property values and associated taxes collections) is the envy of the region.  Arlington schools are not facing the massive budget cuts scheduled in Fairfax.

If you are going to talk, at least make sense.  Everyone knows that you can get more home for the money far out than in Arlington, but you are going to be stuck with horrible commute.  Chances are that the far out home will appreciate more in the near future as well since these areas still recovering to 2008 levels.  But I like my neighbors, my schools, my roads, and the I really like all the time I get to spend with my kids.  [/quote]

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