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Reply to "Where is the price ceiling in N Arlington?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If I live in a 1.25 million Arlington tear down today, best guess on how much I can sell it for in 10 years?[/quote] $1.8 million in 10 years. The Fed consistently errs on the side of inflation rather than risk a recession. [/quote] I live in a $1.8 million tear down. 4 million homes going up around us. We get harassed by builders/realtors and our house is in great shape and not even tiny—but compared to the gigantic 6bed;7bath new builds it looks it. We also have a great backyard since it wasn’t built all the way up to the fence. I really wonder wtf is going on and how a market with 7+ bathrooms close-in is going to sustain with the demographic cliff and people not having kids, or very few. It’s pretty much the antithesis of a “walkable”, small footprint lifestyle. You are hard-pressed to find a “normal size” house in housing stock. Just these Ashburn-looking new builds.[/quote]
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