Whites Are Leaving MoCo As Well As PGC and Alex.

[Mr Beco]

Originally Posted by pgtvatitans

Arlington is less than 10% black. It would take decades for that change to happen.

As for the rest, it is interesting to see so many leaving out of Maryland in general. And the places that have a decline in white population seem to have Hispanics as the fastest growing group.

Where are the Whites going? are they aging and moving toward a retirement setting?

[Collateral]

Originally Posted by Barry Rock

Where are the Whites going? are they aging and moving toward a retirement setting?

I think they're moving to DC and Northern VA.

[EducatedBro82]

Originally Posted by Collateral

I think they're moving to DC and Northern VA.

But isnt Alexandria in Northern VA

[Mr Beco]

Originally Posted by EducatedBro82

But isnt Alexandria in Northern VA

Yes, and that is turning spanish.....I think whites are leaving the area as they near retirement age. Fastest growing populations are spanish/latin whatever you call this group these days.

[Renznceman]

Re: "Where are the Whites going? are they aging and moving toward a retirement setting?"

I don't know about the rest of that demographic but this retired WASP sold his home of 30-years in Loudoun County and am leaving this week for another worldwide trip, this time to Angor Wat, Bangkok, Ho Chi Minh City, etc. The empty nest got boring a few years ago so I decided to cash in and enjoy my final half century. No geriatric green pastures for me. Play my guitar, do my artwork, write, ride bicycle in the snow, tutor my girlfriend's kid and await my next inclination to explore.

[Mr Beco]

Originally Posted by Renznceman

Re: "Where are the Whites going? are they aging and moving toward a retirement setting?"

I don't know about the rest of that demographic but this retired WASP sold his home of 30-years in Loudoun County and am leaving this week for another worldwide trip, this time to Angor Wat, Bangkok, Ho Chi Minh City, etc. The empty nest got boring a few years ago so I decided to cash in and enjoy my final half century. No geriatric green pastures for me. Play my guitar, do my artwork, write, ride bicycle in the snow, tutor my girlfriend's kid and await my next inclination to explore.

Awesome! Lucky you. Who needs cold snowy DC....with its traffice, rude people and massive development....have fun!

[EdwardA]

Originally Posted by dkf747

You forgot to include banks that pushed people to borrow more than they could afford.

Yes how can we forget everyone is a victim!

[Collateral]

Originally Posted by EducatedBro82

But isnt Alexandria in Northern VA

They are moving to all the new and hip parts of DC (the gentrified parts) as well as to Ballston and Clarendon VA. Those parts of VA are pretty pasty. Much whiter than basically any part of Montgomery country including Bethesda.

[vicnice]

Originally Posted by adelphi_sky

Does that apply also to the institutional investors that were sold these toxic financial instruments wrapped up neat and nice and called "investment-grade" products - even touted by ratings firms? At least one 100-year investment firm tanked. And if not for the help of the federal government, many more would have tanked as well. But of course since they wear $2000 suits and have degrees, we're not supposed to question their discernment - the supposedly informed investors that are paid millions a year not to fall for the okie-doke.

Yes it does apply to institutional investors! You know why? Smart investors avoided or shorted those products because they did their homework. How do you explain the people that made out like bandits predicting the failure of the system?

Maybe the 100 year firm hired someone that was not a good investor?

[dkf747]

Originally Posted by EdwardA

Yes how can we forget everyone is a victim!

Everyone did get hurt when the economy crashed, so I guess you're right.