Anonymous wrote:Anonymous wrote:Anonymous wrote:https://www.washingtonpost.com/amphtml/realestate/the-new-boomtowns-why-more-people-are-relocating-to-secondary-cities/2018/11/07/f55f96f4-d618-11e8-aeb7-ddcad4a0a54e_story.html
Just one in a long line of recent articles pointing to a mass exodus of young people from cities like DC. Despite the groupthink here, I think it’s safe to say that prices can only go so high when young families have more options than they once did (you can move anywhere with telework and good jobs can be had basically anywhere). Also, the whole “____ is too conservative/southern” argument is losing steam because secondary cities are all flipping to blue zones.
Great! Goodbye!
The reason people are leaving isn't because they wouldn't prefer to be in NYC, SF, or DC. Its because they can't afford it. Or at least not at the level they prefer. Cities are back in vogue and there is only so much space to go around. I don't see this an article saying that DC is over. To the contrary, I see it as a confirmation that the DC market is too hot. Honestly, DC would probably be better off with a lull in population growth.
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Anonymous wrote:Anonymous wrote:Anonymous wrote:https://www.washingtonpost.com/amphtml/realestate/the-new-boomtowns-why-more-people-are-relocating-to-secondary-cities/2018/11/07/f55f96f4-d618-11e8-aeb7-ddcad4a0a54e_story.html
Just one in a long line of recent articles pointing to a mass exodus of young people from cities like DC. Despite the groupthink here, I think it’s safe to say that prices can only go so high when young families have more options than they once did (you can move anywhere with telework and good jobs can be had basically anywhere). Also, the whole “____ is too conservative/southern” argument is losing steam because secondary cities are all flipping to blue zones.
Great! Goodbye!
The reason people are leaving isn't because they wouldn't prefer to be in NYC, SF, or DC. Its because they can't afford it. Or at least not at the level they prefer. Cities are back in vogue and there is only so much space to go around. I don't see this an article saying that DC is over. To the contrary, I see it as a confirmation that the DC market is too hot. Honestly, DC would probably be better off with a lull in population growth.
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Anonymous wrote:https://www.washingtonpost.com/amphtml/realestate/the-new-boomtowns-why-more-people-are-relocating-to-secondary-cities/2018/11/07/f55f96f4-d618-11e8-aeb7-ddcad4a0a54e_story.html
Just one in a long line of recent articles pointing to a mass exodus of young people from cities like DC. Despite the groupthink here, I think it’s safe to say that prices can only go so high when young families have more options than they once did (you can move anywhere with telework and good jobs can be had basically anywhere). Also, the whole “____ is too conservative/southern” argument is losing steam because secondary cities are all flipping to blue zones.
Anonymous wrote:Anonymous wrote:https://www.washingtonpost.com/amphtml/realestate/the-new-boomtowns-why-more-people-are-relocating-to-secondary-cities/2018/11/07/f55f96f4-d618-11e8-aeb7-ddcad4a0a54e_story.html
Just one in a long line of recent articles pointing to a mass exodus of young people from cities like DC. Despite the groupthink here, I think it’s safe to say that prices can only go so high when young families have more options than they once did (you can move anywhere with telework and good jobs can be had basically anywhere). Also, the whole “____ is too conservative/southern” argument is losing steam because secondary cities are all flipping to blue zones.
Great! Goodbye!
The reason people are leaving isn't because they wouldn't prefer to be in NYC, SF, or DC. Its because they can't afford it. Or at least not at the level they prefer. Cities are back in vogue and there is only so much space to go around. I don't see this an article saying that DC is over. To the contrary, I see it as a confirmation that the DC market is too hot. Honestly, DC would probably be better off with a lull in population growth.
Anonymous wrote:https://www.washingtonpost.com/amphtml/realestate/the-new-boomtowns-why-more-people-are-relocating-to-secondary-cities/2018/11/07/f55f96f4-d618-11e8-aeb7-ddcad4a0a54e_story.html
Just one in a long line of recent articles pointing to a mass exodus of young people from cities like DC. Despite the groupthink here, I think it’s safe to say that prices can only go so high when young families have more options than they once did (you can move anywhere with telework and good jobs can be had basically anywhere). Also, the whole “____ is too conservative/southern” argument is losing steam because secondary cities are all flipping to blue zones.
Anonymous wrote:Meh, I still see people coming to DC for the jobs. We will always have jobs aplenty, even when the rest of country is facing the inevitable cyclical downturn.
Anonymous wrote: Also, the whole “____ is too conservative/southern” argument is losing steam because secondary cities are all flipping to blue zones.