Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
I wouldn't call the vast number of families who live in the suburbs a small minority.
Montgomery County has urban areas. And it has close-in suburbs. And it has way-out-there suburbs. People increasingly want to live in close-in areas, which is why the close-in areas are expensive.
Exactly
Again, nothing new. Always has been the case. Andta lot of families make sacrifices that make the most sense for them, hence lots of people are still moving further out.
Not always... not too long ago, MCPS closed schools closer in as families moved out to the 'burbs for more room. Now, probably due to commute time and/or people wanting "walkability", people are wanting to move closer in. And this is why now the outer burb schools are not as crowded, too.
There was an article on this with a map showing which schools closed during the 80s/90s.
I remember the 60s and 70s too! However, there have been many more articles about the great inversion. More and more people are abandoning the burbs for more urban living. This is why the population of DC is up over 40% in recent years and the changes in demand are effecting the market now and will impact schools in the coming years.
Exactly, since 2000 DC's population has gone from 572k to 693k (20%) whereas Potomac MD population seems frozen in time at 45k. This is unlike the close in suburbs like Bethesda that are up around 10% in that same period.
Anonymous wrote:Anonymous wrote:
Not always... not too long ago, MCPS closed schools closer in as families moved out to the 'burbs for more room. Now, probably due to commute time and/or people wanting "walkability", people are wanting to move closer in. And this is why now the outer burb schools are not as crowded, too.
There was an article on this with a map showing which schools closed during the 80s/90s.
Schools closed during the 1980s because enrollment dropped, because of the baby bust.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
I wouldn't call the vast number of families who live in the suburbs a small minority.
Montgomery County has urban areas. And it has close-in suburbs. And it has way-out-there suburbs. People increasingly want to live in close-in areas, which is why the close-in areas are expensive.
Exactly
Again, nothing new. Always has been the case. Andta lot of families make sacrifices that make the most sense for them, hence lots of people are still moving further out.
Not always... not too long ago, MCPS closed schools closer in as families moved out to the 'burbs for more room. Now, probably due to commute time and/or people wanting "walkability", people are wanting to move closer in. And this is why now the outer burb schools are not as crowded, too.
There was an article on this with a map showing which schools closed during the 80s/90s.
I remember the 60s and 70s too! However, there have been many more articles about the great inversion. More and more people are abandoning the burbs for more urban living. This is why the population of DC is up over 40% in recent years and the changes in demand are effecting the market now and will impact schools in the coming years.
Anonymous wrote:
Not always... not too long ago, MCPS closed schools closer in as families moved out to the 'burbs for more room. Now, probably due to commute time and/or people wanting "walkability", people are wanting to move closer in. And this is why now the outer burb schools are not as crowded, too.
There was an article on this with a map showing which schools closed during the 80s/90s.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
I wouldn't call the vast number of families who live in the suburbs a small minority.
Montgomery County has urban areas. And it has close-in suburbs. And it has way-out-there suburbs. People increasingly want to live in close-in areas, which is why the close-in areas are expensive.
Exactly
Again, nothing new. Always has been the case. Andta lot of families make sacrifices that make the most sense for them, hence lots of people are still moving further out.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
I wouldn't call the vast number of families who live in the suburbs a small minority.
Montgomery County has urban areas. And it has close-in suburbs. And it has way-out-there suburbs. People increasingly want to live in close-in areas, which is why the close-in areas are expensive.
Exactly
Again, nothing new. Always has been the case. Andta lot of families make sacrifices that make the most sense for them, hence lots of people are still moving further out.
Not always... not too long ago, MCPS closed schools closer in as families moved out to the 'burbs for more room. Now, probably due to commute time and/or people wanting "walkability", people are wanting to move closer in. And this is why now the outer burb schools are not as crowded, too.
There was an article on this with a map showing which schools closed during the 80s/90s.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
I wouldn't call the vast number of families who live in the suburbs a small minority.
Montgomery County has urban areas. And it has close-in suburbs. And it has way-out-there suburbs. People increasingly want to live in close-in areas, which is why the close-in areas are expensive.
Exactly
Again, nothing new. Always has been the case. Andta lot of families make sacrifices that make the most sense for them, hence lots of people are still moving further out.
Anonymous wrote:Anonymous wrote:Anonymous wrote:
I wouldn't call the vast number of families who live in the suburbs a small minority.
Montgomery County has urban areas. And it has close-in suburbs. And it has way-out-there suburbs. People increasingly want to live in close-in areas, which is why the close-in areas are expensive.
Exactly
Anonymous wrote:Anonymous wrote:
I wouldn't call the vast number of families who live in the suburbs a small minority.
Montgomery County has urban areas. And it has close-in suburbs. And it has way-out-there suburbs. People increasingly want to live in close-in areas, which is why the close-in areas are expensive.
Anonymous wrote:
I wouldn't call the vast number of families who live in the suburbs a small minority.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I live in Potomac and I'm very worried about real-estate not keeping up and its impact on the schools. These days people are abandoning the burbs for closer in areas that are quickly becoming more desirable.
I'd worry about that too, honestly. Younger people typically don't want to live in areas as car-dependent as Potomac and also can't afford it. That's reflected in the Potomac elementary schools, which are undercrowded.
Yep, younger familiar want to live closer in.
Nope, I would say majority of people want to live closer in. But sometimes, people sacrifice "closer in" so that they can get a newer house in a nice neighborhood with good schools for the right price. In this area, consider yourself lucky if you can pick 2 out of these 3 factors: schools, commute, house. I picked schools and house. FYI- where I live in Clarksburg, a lot of young professional families are moving in and have chosen the same. People will pick different things depending on their situation.
If you could have those things, closer in, you'd pick that over the same things farther out, wouldn't you?
Me, personally, yes. Others may feel differently; however even if most would prefer all 3, the bottom line is, MOST people can't afford to check off all 3 boxes in this area. My HHI isn't too shabby at $260K a year and I still can't afford all 3.
The statement was that younger families want to live closer in, not that they are all financially able to do so.
Sure, not everyone can afford to live close in, but there are many that can and do. The population of DC proper is up what 40% from 20 years ago?
Also, many places that people want to live now from around Shaw, Union Market, or Petworth were sketchy a decade or two ago.
Whether people want to admit it or not, the metro area is changing.
Well let's just say, i have the money and I'd rather stay where i'm at rather than move to any of these places. Proximity to cool restaurants isn't on the top of my list. Schools are.
There's always a small minority of people who go against the grain. However, the vast majority don't, and real-estate prices are a function of demand.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I live in Potomac and I'm very worried about real-estate not keeping up and its impact on the schools. These days people are abandoning the burbs for closer in areas that are quickly becoming more desirable.
I'd worry about that too, honestly. Younger people typically don't want to live in areas as car-dependent as Potomac and also can't afford it. That's reflected in the Potomac elementary schools, which are undercrowded.
Yep, younger familiar want to live closer in.
Nope, I would say majority of people want to live closer in. But sometimes, people sacrifice "closer in" so that they can get a newer house in a nice neighborhood with good schools for the right price. In this area, consider yourself lucky if you can pick 2 out of these 3 factors: schools, commute, house. I picked schools and house. FYI- where I live in Clarksburg, a lot of young professional families are moving in and have chosen the same. People will pick different things depending on their situation.
If you could have those things, closer in, you'd pick that over the same things farther out, wouldn't you?
Me, personally, yes. Others may feel differently; however even if most would prefer all 3, the bottom line is, MOST people can't afford to check off all 3 boxes in this area. My HHI isn't too shabby at $260K a year and I still can't afford all 3.
The statement was that younger families want to live closer in, not that they are all financially able to do so.
Sure, not everyone can afford to live close in, but there are many that can and do. The population of DC proper is up what 40% from 20 years ago?
Also, many places that people want to live now from around Shaw, Union Market, or Petworth were sketchy a decade or two ago.
Whether people want to admit it or not, the metro area is changing.
Well let's just say, i have the money and I'd rather stay where i'm at rather than move to any of these places. Proximity to cool restaurants isn't on the top of my list. Schools are.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I live in Potomac and I'm very worried about real-estate not keeping up and its impact on the schools. These days people are abandoning the burbs for closer in areas that are quickly becoming more desirable.
I'd worry about that too, honestly. Younger people typically don't want to live in areas as car-dependent as Potomac and also can't afford it. That's reflected in the Potomac elementary schools, which are undercrowded.
Yep, younger familiar want to live closer in.
Nope, I would say majority of people want to live closer in. But sometimes, people sacrifice "closer in" so that they can get a newer house in a nice neighborhood with good schools for the right price. In this area, consider yourself lucky if you can pick 2 out of these 3 factors: schools, commute, house. I picked schools and house. FYI- where I live in Clarksburg, a lot of young professional families are moving in and have chosen the same. People will pick different things depending on their situation.
If you could have those things, closer in, you'd pick that over the same things farther out, wouldn't you?
Me, personally, yes. Others may feel differently; however even if most would prefer all 3, the bottom line is, MOST people can't afford to check off all 3 boxes in this area. My HHI isn't too shabby at $260K a year and I still can't afford all 3.
The statement was that younger families want to live closer in, not that they are all financially able to do so.
Sure, not everyone can afford to live close in, but there are many that can and do. The population of DC proper is up what 40% from 20 years ago?
Also, many places that people want to live now from around Shaw, Union Market, or Petworth were sketchy a decade or two ago.
Whether people want to admit it or not, the metro area is changing.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I live in Potomac and I'm very worried about real-estate not keeping up and its impact on the schools. These days people are abandoning the burbs for closer in areas that are quickly becoming more desirable.
I'd worry about that too, honestly. Younger people typically don't want to live in areas as car-dependent as Potomac and also can't afford it. That's reflected in the Potomac elementary schools, which are undercrowded.
Yep, younger familiar want to live closer in.
Nope, I would say majority of people want to live closer in. But sometimes, people sacrifice "closer in" so that they can get a newer house in a nice neighborhood with good schools for the right price. In this area, consider yourself lucky if you can pick 2 out of these 3 factors: schools, commute, house. I picked schools and house. FYI- where I live in Clarksburg, a lot of young professional families are moving in and have chosen the same. People will pick different things depending on their situation.
If you could have those things, closer in, you'd pick that over the same things farther out, wouldn't you?
Me, personally, yes. Others may feel differently; however even if most would prefer all 3, the bottom line is, MOST people can't afford to check off all 3 boxes in this area. My HHI isn't too shabby at $260K a year and I still can't afford all 3.
The statement was that younger families want to live closer in, not that they are all financially able to do so.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I live in Potomac and I'm very worried about real-estate not keeping up and its impact on the schools. These days people are abandoning the burbs for closer in areas that are quickly becoming more desirable.
I'd worry about that too, honestly. Younger people typically don't want to live in areas as car-dependent as Potomac and also can't afford it. That's reflected in the Potomac elementary schools, which are undercrowded.
Yep, younger familiar want to live closer in.
Nope, I would say majority of people want to live closer in. But sometimes, people sacrifice "closer in" so that they can get a newer house in a nice neighborhood with good schools for the right price. In this area, consider yourself lucky if you can pick 2 out of these 3 factors: schools, commute, house. I picked schools and house. FYI- where I live in Clarksburg, a lot of young professional families are moving in and have chosen the same. People will pick different things depending on their situation.
If you could have those things, closer in, you'd pick that over the same things farther out, wouldn't you?
Me, personally, yes. Others may feel differently; however even if most would prefer all 3, the bottom line is, MOST people can't afford to check off all 3 boxes in this area. My HHI isn't too shabby at $260K a year and I still can't afford all 3.
The statement was that younger families want to live closer in, not that they are all financially able to do so.