Reply to Moco - no appreciation in the last 10 years

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Moco is reaping the results of decades of increasingly unhinged and incompetent governance.  That alone might not make it undesirable, but VA is too close.  And sane government, a business friendly atmosphere, and loads of jobs have just put the discrepancies into overdrive.  Who would buy in Moco if they have the option to buy in Arlington or close-in FFX?

We’ll see if VA maintains its lead in light of the election.[/quote]

Every decision isn’t all about money. I’m sure I’d see a better ROI if I bought a place in Houston in 2008, but that doesn’t mean I’d want to live there. There are large swaths of MoCo that are just nicer than Arlington and close-in Fairfax. There are no neighborhoods in either of those places that are as nice as Chevy  Chase or Battery Park, which is why a place like Chevy Chase has always been nice, even in the 1930s when Arlington and Fairfax were barely populated outposts. Ask someone in San Francisco or London to name a nice neighborhood in the DC area. They’ll probably name Chevy Chase or Georgetown...not anywhere in Fairfax or Arlington. There’s a reason for that. It’s the same reason the most prestigious private schools and country clubs are in close-in MoCo and NW DC, not Arlington and Fairfax. Everything west of Rock Creek Park and south of White Flint in DC and MD is just nicer looking - the architecture, the parks, the landscape - than any similar sized swath of land in Fairfax and Arlington. It’s just objectively a nicer place to live.[/quote]

Using Houston as an example doesn’t make a lot of sense.  We are saying, “buy 30 minutes away in NoVa,” not “scour the country and cherrypick a city somewhere in a different region that has seen more appreciation than MoCo.”  Poor analogy.

I am also not sure why you are talking about the 1930s.  MoCo might have been nicer or more prosperous than NoVa in the ‘30’s, but that’s decades before I was born so...

Also, this idea that MoCo has nicer landscaping, neighborhoods, etc?  The market disagrees with you based on the price of real estate and inflow/outflow trends.  Sorry, TerpBoy.[/quote]

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