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"I had to move to a high crime area when I couldn't afford what I wanted in a low crime district. In fact, that's one of the reasons the neighborhood changed."

And the areas in NoVa they move to are far from crime free as well - but to suggest that families take housing thats not that cheap for its quality, far from their jobs AND accept both high crime and poor education -well you can ask them to do so, but I think its a sign that it would be better if housing were less costly.

"Does every expensive housing market mean the market isn't working well? Does the cost of luxury cars mean there aren't enough lower end models?"

We allow luxury cars to be built in the numbers the market dictates. If we limited by law the construction of all new cars, that would certainly raise the prices of used cars, top to bottom, and create an affordable car crisis.

" Strange, all the cities like DC, Boston, NY, and London, while not perfect are usually the ones deemed to be "working"."

Chicago, Philadelphia, and many other cities have lower costs of living and work.

"Didn't the market become much more affordable when the market crashed four years ago"

A. Compared to the prices in the early to mid 2000s - which were already a problem and B. Mostly in the farther suburbs, which present all kinds of sustainability and transportation cost issues

by AWalkerInTheCity on Dec 19, 2012 3:04 pm • linkreport

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