Anonymous wrote:Are you aware of the large swaths of the city who live at or around the poverty line? Sounds like maybe you are not. If you’re making minimum wage, it is difficult to afford a place to live in the city. It is even more difficult to find a place to live that is large enough to accommodate a family in a safe part of town while making minimum wage.
It is also difficult in other parts of the country, and in rural areas there are certainly additional challenges such as transportation costs and stagnant employment markets. But it really sounds like you maybe are not well acquainted with the realities of urban poverty if you’re suggesting that maybe it’s not that expensive to live here.
Anonymous wrote:Anonymous wrote:prices are high but so are incomes. practically everyone here makes a lot more money than they would doing the same job in most other places in this country. the only way to tell whether housing is expensive is to compare the cost of housing to how much people earn.
harvard has done that, and it suggests that while housing prices here are high, they're not as high as they are in denver or arizona or oregon (let alone places like new york city and san francisco and boston)
https://www.jchs.harvard.edu/home-price-income-ratios
That study looks at the D.C. region, not just at the District -- where housing prices are often higher than they are even in close-in suburbs, and where incomes are, on average, lower. The median family income in D.C. is about $86,000. In Arlington, which is lumped into the Harvard study as part of the D.C. region, it's $117,000. In Alexandria, it's $93,000. In Montgomery County, it's $108,000.
So while you might be right that housing prices compared to income aren't as high in the area as they are in some other areas, the study you're pointing to still makes housing in D.C. proper seem pretty expensive.
Anonymous wrote:prices are high but so are incomes. practically everyone here makes a lot more money than they would doing the same job in most other places in this country. the only way to tell whether housing is expensive is to compare the cost of housing to how much people earn.
harvard has done that, and it suggests that while housing prices here are high, they're not as high as they are in denver or arizona or oregon (let alone places like new york city and san francisco and boston)
https://www.jchs.harvard.edu/home-price-income-ratios
Anonymous wrote:prices are high but so are incomes. practically everyone here makes a lot more money than they would doing the same job in most other places in this country. the only way to tell whether housing is expensive is to compare the cost of housing to how much people earn.
harvard has done that, and it suggests that while housing prices here are high, they're not as high as they are in denver or arizona or oregon (let alone places like new york city and san francisco and boston)
https://www.jchs.harvard.edu/home-price-income-ratios
Anonymous wrote:prices are high but so are incomes. practically everyone here makes a lot more money than they would doing the same job in most other places in this country. the only way to tell whether housing is expensive is to compare the cost of housing to how much people earn.
harvard has done that, and it suggests that while housing prices here are high, they're not as high as they are in denver or arizona or oregon (let alone places like new york city and san francisco and boston)
https://www.jchs.harvard.edu/home-price-income-ratios