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Metropolitan DC Local Politics
Reply to "Educated flight out of DC?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]From Washington Business Journal Today: Washington, DC is a leading market for recent graduates in JLL's newly released Talent Hubs 2024 report. With 63% of local university graduates choosing to stay, DC ranks as the 6th most popular market for new grads in the nation. DC offers a wealth of job opportunities and a vibrant living environment tailored to the post-college lifestyle. Those damn pesky facts continue to get in the way of another DCUM narrative.[/quote] This report is analyzing metro areas, DC it is not limited to people only in the district. Most of these "DC graduates" do not chose to live in the district. They live in MD or VA instead. [/quote] Partner and I fit this profile. AU grad. Lawyer. Fed. There is NO WAY my partner and I would consider living in DC now; not with kids. [/quote] That's your choice. My kids did great growing up in DC. Growing up with high income in DC is a completely different experience than growing up poor or middle class in DC.[/quote] High income will do well anywhere. With the right income you can completely insulate yourself from the crime and dysfunction of DC. [/quote] What do we think that number is? 750k? I guess it depends on other assets like family $. But at what point would you say someone would be reasonably able to do this?[/quote] Not sure what the number is. But I do know what the lifestyle looks like. It’s a house in Spring Valley, Tunlaw, or Palisades large enough for comfortable entertaining and probably a pool (these folks have never heard of the Hearst or Jellef pools). Both kids in private. Live in or full time nanny. One Tesla and a vintage beater car (that is actually an expensive classic car) for street cred. Vacation home on Nantucket or a lake in New England. One spouse “works from home” in a consultant role (his/her parent’s friends hire them for a largely no show job) and serves on charity boards. They occasionally slum-it and eat at Cactus Cantina, but feel much more comfortable at Millie’s or catered dinner at home. These are the folks with kids having a “dream” life in DC. The kids of not rich, but educated parents who have to go through metal detectors at JR everyday, not so much. [/quote]
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