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Old 02-14-2012, 02:00 PM
 
Location: Beautiful and sanitary DC
2,491 posts, read 3,510,021 times
Reputation: 3270

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Quote:
Originally Posted by BajanYankee View Post
This is true. My ex co-worker and her boyfriend paid $3,400 to live in one of those buildings in Downtown Bethesda...

Do you have studies on this? I'm curious about the profiles of those demanding higher-density housing. Some people suspect that greater demand for higher-density housing reflects a value shift from more traditional suburban living, but I wonder if the demand for "traditional" housing is only weaker because the people who typically demand it have been hardest hit by the recession.
Complaining about housing prices in downtown Bethesda is like complaining about housing prices in Beverly Hills. It's one of the choicest bits of real estate in the entire country, so of course it's not affordable.

The NAR study is one example of how values are shifting. From a more practical standpoint, a few other data points that I rounded up earlier:
- Fewer than 1/10 of households in DC are married couples with children, but 1/3 of its housing stock is 3+ bedroom
- Only 1/15 of new households in the entire region, 2005-2010, are married couples with children

I'm a member of the Urban Land Institute, which is the closest the development industry has to a professional association, and their reports and conferences have for years tracked an ongoing shift in demand across almost all product types towards core locations.

Last edited by paytonc; 02-14-2012 at 02:19 PM..
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Old 02-14-2012, 03:28 PM
 
837 posts, read 1,795,843 times
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Quote:
Originally Posted by paytonc View Post
stuff
Wait, I could have bought a HOUSEBOAT?

Now you tell me...
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Old 02-15-2012, 12:55 PM
 
Location: Beautiful and sanitary DC
2,491 posts, read 3,510,021 times
Reputation: 3270
yep:
Gangplank Marina : Curbed DC
Gangplank Marina also has Cantina Marina (shades of Castaways at North Avenue Beach), the water taxi to Georgetown, and a reputation for scandal (Duke Cunningham, James Traficant, and Larry Craig all lived there).
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