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Reply to "Is crime affect DC's real estate market?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I dont know if it's crime or just the reality that the youth bulge has declined, and people are starting families. interest rates are the same everywhere. NOVA is one of the hottest seller markets in the country right now at 20 day DOM. DC is 47 days. If you want to stay updated with the local market dynamics, I find these reports best. I've been reading them going back fifteen years.[/quote] The DOM for DC comapred to NoVA suggests it could be crime affecting hte DC market, right?[/quote] No, only terminally online helicopter parents think crime is anything to worry about. The real reason is because DC has way more condos for sale which take far longer to sell than detached houses. [/quote] Only terminally online helicopter parents are worried about living in a city that has by far the highest crime rate out of any capital city in the Western World? That’s an incredibly nihilistic outlook.[/quote] +1 the PP was clearly posting from some rich area of DC where they think all DC parents don't have to worry about crime just because they, personally, aren't impacted by crime in their safe haven bubble.[/quote] +2 It's either that or their oldest kid is under age 6 so they don't understand that the crime means you can't send your 7+ old kids to roam around with friends. Sure you can push your stroller around the less safe areas, but it's a world of difference when your kids can't run around the neighborhood with friends like second graders in safe neighborhoods can. We left DC in part due to rising crime. Our once-safe neighborhood was no longer safe and our kids could no longer roam around with friends. [/quote] This is literally the helicopter parenting I was referring to. Yes, you can send your kids to roam around with friends, you're just irrationally scared to because you don't understand how statistics and probability work. How many middle class kids in DC have been killed by stray bullets in the past 20 years? Probably 0, maybe 1 or 2 at the absolute most. Certainly far far fewer than have been hit by cars roaming the "safe" suburbs. And how in the word is a 7 year old somehow more likely to get hit than a stroller or an adult when it's all (very, very, very low) random chance? It's a nonissue but it FEELS scary to you so you assume it must be, and you're letting it affect your life. [/quote] I really doubt you understand the first thing about statistics. Also, the statistics do not support your statement regarding kids being hit by cars in the suburbs. DC and Fairfax County have comparable pedestrian death statistics. Also, overall traffic fatality rates are similar between Fairfax and DC, using those two jurisdictions as examples. https://dcist.com/story/23/01/02/more-than-300-people-were-killed-on-local-roads-in-2022/ [/quote]
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