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DC Public and Public Charter Schools
Reply to "Our Gain, DCPS Suckers"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Love how someone is using anecdotal info and "most people" (along with cherry picked data) to refute anedoctal info. We bought in '01 in Mt P/Columbia Heights. Maybe "everyone" has kids just a few short years after marrying/buying houses, but "most" people around us with kids in early childhood elementary (K and younger) are sitting on hundreds of thousands of dollars of value. We're maybe 100K off from peak - but still sitting on 300K in potential profit, and houses here, while rarely offered, are snapped up quickly. [/quote] I love how certain people here seem to fail at basic reading comprehension. I used facts (the chart of real estate prices for all of DC for the past five years) to refute the "cherry picked" data that one poster was using to claim that DC real estate prices had not fallen after the bubble (citing data only for one neighborhood). It is you, along with the others here who are trying to "boost" their DC property values (including one who thinks that buying in an area "with frequent gunfire" is a great investment, nevermind the children, since they'll learn to duck the stray bullets), that are using anecdotal evidence (in fact, just one single property!) in a vain attempt to refute the demonstrated facts. Truly, the stupidity of some people is just astounding.[/quote] You used a fatuous and incredibly shallow "analysis" of the DC housing market to try and support your preconceived biases. As everyone knows, it's all about the neighborhood level. In a city where large swaths of the market are held by elderly folks who've lived in their homes for decades, that's the only thing that matters. When you talk about "DC real estate prices" you just come across as a know-nothing. Refferring to Case-Schiller as though that had anything meaningful to say about the strength of the DC housing market (as opposed to a massive regional market) was the other giveaway. Please stop before you embarrass yourself further.[/quote]
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