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Reply to "The government has always been here. So why was the 50s, 60s, 70s, 80, 90s COL here so affordable?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous] This is exactly it. The population in DC is growing and they aren't making anymore land, and most of the close in housing has already been built up. In addition, DC has one of the highest levels of education anywhere in the country, which draws lots of employers who require a highly educated workforce, which draws more people to the area.[/quote] Growing population and a wealthy one too. Average household income in DC is second-highest in the US after the Bay Area. That’s a lot of money to chase houses. [/quote] As someone who has lived in several cities throughout the US, I found this quote highly suspect. DC to me has relatively low incomes- Government & non profit jobs don't pay well. After living in NYC, SF, Dallas & Houston, the general population made WAY more money. There is also a big difference between the district and Northern VA. NOVA is separate from DC. I only saw ONE publication that supports this claim- every other one was different. [/quote]
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