It's nuts but I also feel like DC is headed that direction and that's why I want to leave. I have loved my time here but I chose DC over NY or SF or LA partly for this reason and now it's happening here and I just am not interested in dealing with it. Even though I already own something here. When real estate hits that point of scarcity where the value of a property is completely divorced from anything except its mere existence, I just can't anymore. It's not just feeling "poor" (knowing we are not) and being unable to afford anything in a nicer neighborhood, it's also the way this trend changes who your neighbors are and the feel of the community. I know there are good things too. It's just not for me. I never want to live in a city where that amount of money gets you a hideous tract house facing a highway with no green space anywhere and requiring at least another $2 million (probably more, because labor costs are also much higher in cities with real estate like this) to even make functional. Just no thank you.

you guys saying it's not that bad, have you looked at it on google maps? it's ON a major highway!

its 4200 square feet- thats not bad for the location & possibilities to turn to into 4-5 ample units with maybe 1.5/2 bathrooms each, I'd live in that and I currently have a 2000+ historic home but its in a midwestern city. I've lived in an 850 with one bathroom with 2 other people and t was perfectly comfortable.

Honestly it’s not a bad deal for a developer. Convertible to 6 apt units, the monthly tax is wildly low.

...this affordable opportunity in the BORDER of Williamsburg and Greenpoint

🤮🤮🤮🤮

Throw the whole thing away