Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Metropolitan DC Local Politics
Reply to "We need homes. A lot of homes. Not just affordable, but also middle-income homes."
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]The only way you can tell whether housing is expensive is by comparing its price to people's incomes. If the average home in DC cost $10 million but the average income in DC was $20 million, housing would be dirt cheap. Salaries in DC are very high on average (there are gym teachers for DCPS that make six figures). And that's why housing here isn't as expensive as people like to think. Harvard's Joint Center for Housing Studies says housing prices in DC are comparable to places like Richmond, Virginia once you take into account how much people make. https://www.jchs.harvard.edu/home-price-income-ratios[/quote] +1 People will be very disappointed to learn that housing here isn't that expensive[/quote] Yep. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
