Anonymous wrote:

Anonymous wrote:OP is objectively correct, and the people being nasty are tasteless idiots.

/thread

No.

/thread

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This market is going to seem a meaningful correction soon. At some point, the math has to work.

What makes you think "the math" doesn't "work"? You finding it shocking or wrong that homes are this expensive in this area doesn't mean anything. Willing buyer/willing seller. Sometimes I think this forum is full of people who still have the 1985 purchasing power of 1M in their heads, who can't accept that 1M isn't what it used to be.

The gap between the income level and pricing level has gotten far too wide. Ultimately, the buy universe gets thinner and thinner and eventually you get a reversion to the mean with a bunch of late buyers caught in the “prices only go up euphoria” holding the bag. Very similar to the dynamics you often see at the tail end of an overbought financial market. At the end of the day, just my humble opinion — I had this same opinion back in late 2006 / early 2007. Time will tell if I’m right or wrong…

Not at all. There is a lot of money floating around DC and little inventory. Have you wandered around Tysons Galleria lately? That's who is buying some of this real estate.

I’d argue the data seems to indicate the DC metro real estate market is still underpriced relative to HHI and the density of high earners / high NW households. We’re seeing N Arlington crack $4-5M. Vienna $3M+ homes are flying off the shelf. McLean continues to appreciate. There’s a healthy flow of money that’s ready to deploy for the right properties and areas.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’m sure OP is just jealous bc he lives in some Home Alone wannabe 90s style tacky all brick dump in Fort Hunt, barely scraping by on his “vp of government affairs” salary at some obsolete trade group

Bizarre, oddly specific, and bitter comment. All in all, you sound like an unpleasant human being to be around.

Seemed on point to me. And your comment is just ad hominem. DP

Anonymous wrote:

Anonymous wrote:I’m sure OP is just jealous bc he lives in some Home Alone wannabe 90s style tacky all brick dump in Fort Hunt, barely scraping by on his “vp of government affairs” salary at some obsolete trade group

Bizarre, oddly specific, and bitter comment. All in all, you sound like an unpleasant human being to be around.

Anonymous wrote:OP is objectively correct, and the people being nasty are tasteless idiots.

/thread

Anonymous wrote:I’m sure OP is just jealous bc he lives in some Home Alone wannabe 90s style tacky all brick dump in Fort Hunt, barely scraping by on his “vp of government affairs” salary at some obsolete trade group

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sick of the modern farmhouse look as well. It's not a look that belongs in the northeast/midatlantic. Homes like that look like they belong in Utah or Idaho or something. It's bizarre how attached builders are to this look.

Also the boxy "modern" (aka soon to be dated/prison compound look) are a mess too.

A classic brick colonial is just unmatched.

If by "unmatched" you mean unmatched in being dated and laid out in a way that is not at all how people live today...

Oh please. Visit Europe sometime. Somehow modern families manage to live in 500-year-old houses. Stop watching so much HGTV. Houses are basically for sleeping, f**king, eating, and shi!ting. Been the same way for a while now.

What does visiting Europe and families there living in 500 year old houses have to do with it? Just because there are a lot of 4-on-4 colonials in the DMV with a formal dining room and living room that no one will ever use and people can live in them, doesn't mean they want to. It's a bunch of wasted space in the context of how families live now. The colonial as "unmatched" is just ridiculous; as a form it is beyond outdated -- families today do not want those small boxy formal dining rooms and living rooms and kitchens that you can't eat in.

And I've never watched HGTV.

Sounds like you are the tract housing builder's target audience. You deserve what you get.

Anonymous wrote:Why is this every house that has been build in Chevy Chase, Bethesda, or NWDC in the last 5 years? https://redf.in/R8HOoQ

This ridiculous choppy-roofed “farmhouse in the suburbs” eyesore is polluting every street in every neighborhood in the DMV. Do people here have zero taste?

I get that it’s cheap to build. Its inelegant and impractical floor plan maximizes profit margin for the builders. But isn’t it soul crushing to keeping building these identical pieces of cheaply-made garbage over and over and over again? I guess late stage capitalism has decimated any inkling of aesthetic sensibility or pride in one’s creation?

In this particular $3.2 million listing, the builder couldn’t even spring for actual brick? Just brick veneer and only in the front. Because that’s the only part of the house that matters? Pretend brick for a pretend house Yuck. Although I guess that’s better than the disgusting vinyl-sided versions of this house that are routinely excreted onto the market at $2.6 million. Do you really want a house made out of plastic instead of brick or wood? Talk about low expectations.

How are these ugly boxes even selling at $2.6- $3.2 million? We are the market for a house in that range but every new build in the area is this same small-windowed off-brand version of the house on Walton’s Mountain.

Demand better, DMV.

Anonymous wrote:I’m sure OP is just jealous bc he lives in some Home Alone wannabe 90s style tacky all brick dump in Fort Hunt, barely scraping by on his “vp of government affairs” salary at some obsolete trade group