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Metropolitan DC Local Politics
Reply to "maybe housing in dc isn't as expensive as everyone thinks"
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[quote=Anonymous][quote=Anonymous]prices are high but so are incomes. practically everyone here makes a lot more money than they would doing the same job in most other places in this country. the only way to tell whether housing is expensive is to compare the cost of housing to how much people earn. harvard has done that, and it suggests that while housing prices here are high, they're not as high as they are in denver or arizona or oregon (let alone places like new york city and san francisco and boston) https://www.jchs.harvard.edu/home-price-income-ratios[/quote] Housing is cheaper here than it looks. Not just because incomes for pretty much everyone are so high, but also because the public transportation system is so well developed -- people here don't need to spend nearly so much on cars. [/quote]
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