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Metropolitan DC Local Politics
Reply to "Wisconsin Ave Development Project"
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[quote=Anonymous][quote=Anonymous]Property values only go up, up, up if you're willing to sell your SFH for development.[/quote] Lots of the people in those new apartments would actually prefer to be in your SFH. That's why your home value will go up, up, up. Once people are in a neighborhood and they like it, they prefer to remain in the neighborhood if possible in a bigger home. The development will bring more people into your neighborhood who will eventually want to buy your home. Enjoy the the windfall when you retire. [/quote]
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