Anonymous wrote:Anonymous wrote:It was artificially suppressed by post war white flight and suburban expansion and the riots added a couple of decades to that cycle. Now the reverse is happening coupled to the collapse of suburban isolation is creating a flood to limited markets with DC being one of them.
Yes, exactly.
There’s only one other thing to mention: primarily due to terrible NIMBY zoning rules, DC has been rarely ever able to add denser housing to already built land. 20 years ago DC area supplied housing for people moving here by building in Loudon and MoCo. Now there are many fewer places to build.
If we don’t fix our zoning rules and build more densely, we will never fix the COL problem.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Rising income inequality means that some areas have become extremely expensive while others have stagnated.
In the 50s and 60s economic growth was more broad-based. Now many second-tier cities like Pittsburgh, Cleveland, even St. Louis have done pretty badly, HQs have moved to places like NYC. Wealth is concentrated in the tech sector, in lawyers, lobbyists and financiers. The places where people like that live have become very expensive as a result.
So Trump (even though he is a New Yorker) basically won because of second tier cities?
Second-tier cities have only themselves to blame.
Atlanta has been poised for SO LONG to be a preeminent world-class city along the lines of Miami or New York but they keep shooting themselves in the foot. And by they I mean the racist/sexist white governmental class.
1) Threatening to sanction an airline because they wouldn't support the NRA? https://www.npr.org/sections/thetwo-way/2018/03/02/590149921/georgia-lawmakers-punish-delta-air-lines-over-nra-feud
Delta is their biggest tax-revenue creator bar none and you're THREATENING them?
2) Losing out on Amazon HQ2 precisely at the same time because corporations don't like state government overreach and threats.
3) Now they're outlawing abortion past six weeks to any Georgia residents and guess what? The film industry which makes 30 movies/tv shows a year in Georgia is trying to pull out. https://www.vanityfair.com/hollywood/2019/05/hollywood-response-georgia-heartbeat-bill-abortion
Make idiot policies, have idiot results.
Anonymous wrote:It was artificially suppressed by post war white flight and suburban expansion and the riots added a couple of decades to that cycle. Now the reverse is happening coupled to the collapse of suburban isolation is creating a flood to limited markets with DC being one of them.
Anonymous wrote:This does not directly affect me. I am just asking a simple question.
What is so special about the post 2000s DC area that has caused our cost of living to skyrocket beyond belief?
Me personally, I think the pre 90s DC area COL should have been more expensive because this area was a hell of a lot more fun then as opposed to right now. Things should be cheaper now.
Anonymous wrote:It was artificially suppressed by post war white flight and suburban expansion and the riots added a couple of decades to that cycle. Now the reverse is happening coupled to the collapse of suburban isolation is creating a flood to limited markets with DC being one of them.
Anonymous wrote:Defense spending in the 50 and 60s was for tanks, ships, low-tech airplanes. Very different than where most of the money goes now, and many of the big brains associated with helping the government buy and use it's new tech are here.
Also, all of the financial and law firms around Tyson's Corner didn't exist to the same extent. In the 80's, Tyson's was just a mall. Was it just an outpost of K St. in the 90s? I don't know.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
As someone who has lived in several cities throughout the US, I found this quote highly suspect. DC to me has relatively low incomes- Government & non profit jobs don't pay well. After living in NYC, SF, Dallas & Houston, the general population made WAY more money. There is also a big difference between the district and Northern VA. NOVA is separate from DC. I only saw ONE publication that supports this claim- every other one was different.
It's census data that looks at median household incomes by metro area (including NOVA). My guess is that your perception of the "general population" is skewed by the people you know. There may not be the same number of really high earning people in DC as in NYC, etc., but that's a small sliver of the population in every metro area. Government jobs *do* pay well compared to the average job in many metro areas, which are things like retail, warehousing, etc.
Here's some data on median household incomes by metro. DC is almost $100k, which is second to SF: https://www.statista.com/statistics/234251/median-household-income-by-largest-metro-area-us/
you need to pay for that link
Sorry, looks like it's paywalled on mobile. Here's the data straight from the census. DC has the highest median household income except for SF. Page 4/Table 2: https://www.census.gov/content/dam/Census/library/publications/2018/acs/acsbr17-01.pdf
Anonymous wrote:Anonymous wrote:Anonymous wrote:
As someone who has lived in several cities throughout the US, I found this quote highly suspect. DC to me has relatively low incomes- Government & non profit jobs don't pay well. After living in NYC, SF, Dallas & Houston, the general population made WAY more money. There is also a big difference between the district and Northern VA. NOVA is separate from DC. I only saw ONE publication that supports this claim- every other one was different.
It's census data that looks at median household incomes by metro area (including NOVA). My guess is that your perception of the "general population" is skewed by the people you know. There may not be the same number of really high earning people in DC as in NYC, etc., but that's a small sliver of the population in every metro area. Government jobs *do* pay well compared to the average job in many metro areas, which are things like retail, warehousing, etc.
Here's some data on median household incomes by metro. DC is almost $100k, which is second to SF: https://www.statista.com/statistics/234251/median-household-income-by-largest-metro-area-us/
you need to pay for that link
Anonymous wrote:Anonymous wrote:
As someone who has lived in several cities throughout the US, I found this quote highly suspect. DC to me has relatively low incomes- Government & non profit jobs don't pay well. After living in NYC, SF, Dallas & Houston, the general population made WAY more money. There is also a big difference between the district and Northern VA. NOVA is separate from DC. I only saw ONE publication that supports this claim- every other one was different.
It's census data that looks at median household incomes by metro area (including NOVA). My guess is that your perception of the "general population" is skewed by the people you know. There may not be the same number of really high earning people in DC as in NYC, etc., but that's a small sliver of the population in every metro area. Government jobs *do* pay well compared to the average job in many metro areas, which are things like retail, warehousing, etc.
Here's some data on median household incomes by metro. DC is almost $100k, which is second to SF: https://www.statista.com/statistics/234251/median-household-income-by-largest-metro-area-us/
Anonymous wrote:Anonymous wrote:
As someone who has lived in several cities throughout the US, I found this quote highly suspect. DC to me has relatively low incomes- Government & non profit jobs don't pay well. After living in NYC, SF, Dallas & Houston, the general population made WAY more money. There is also a big difference between the district and Northern VA. NOVA is separate from DC. I only saw ONE publication that supports this claim- every other one was different.
It's census data that looks at median household incomes by metro area (including NOVA). My guess is that your perception of the "general population" is skewed by the people you know. There may not be the same number of really high earning people in DC as in NYC, etc., but that's a small sliver of the population in every metro area. Government jobs *do* pay well compared to the average job in many metro areas, which are things like retail, warehousing, etc.
Here's some data on median household incomes by metro. DC is almost $100k, which is second to SF: https://www.statista.com/statistics/234251/median-household-income-by-largest-metro-area-us/
Anonymous wrote:In 1998 I was paying 600 rent monthly for a turret apartment in Dupont Circle. By 2003 my building had been bought and sold and new owners wanted 2500 a month (in spite of "rent control.")