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Reply to "How much higher do you think DC area prices can go long-term?"
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[quote=Anonymous][quote=Anonymous]What the heck are you all talking about? My family lives a very comfortable life in PG County on one federal salary. PG is seen as some sort of ghetto, but its around #68 (out of 2500 or so) counties as ranked for median household income in the country. The schools are not as good at Montgomery County or the close in VA suburbs, but those areas have the absolute top schools in the country, so you really don't need to make too much of the comparison. Living in NW DC and some of the "preferred" close in suburbs is totally unaffordable, but that is just those areas. We own a 2300 sf house that is walkable to a few nice neighborhood amenities. Paid less then $300K a few years ago (and the value is similar today) Tons of great friends within a few blocks. Our young kids can play on our sidewalk with little supervision. Kids attend a great public Montessori school.[/quote] We'll talk once kid is in high school. [/quote]
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