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]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 exactly right.  We left Columbia Heights when our oldest was in between second and third grade.  Walking to the farmers market and grocery store and metro during the day was fine for us (although it appears things have changed for the worse).  But when our kid wanted to start doing stuff on his own, we realized it just wasn't a great idea, particularly after dark.  So we moved.  [/quote]

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