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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]The prices in the great neighborhoods will continue to go up, not so much in the not great neighborhoods. The DC area is still stratified. There are a few areas with awesome schools and amenities, and everyone wants to get into these, to avoid the horrible areas. Where I grew up there were lots of regular ol' middle class towns, here there are rich areas, and ghetto areas.[/quote] +1 The middle middle class tends to live out or in TH. I think of it as a graph that looks like a mountain. Those on the top of the graph will continue to go inexorably up, while the middle and particularly the lower, tend to not increase much. So if you are in Chevy Chase, probably continuing to go up. If you are in Derwood, maybe just not going upwards in the same way.[/quote]
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