Re:Ask HN: Moving to DC in 2023?
by steviesands on Tuesday February 07, 2023 @11:15AM
(#34694650)
As someone who moved from DC proper to NYC, DC is nowhere near NYC in terms of expenses. In 14th St or Logan circle you can get a brand new 2BR for the price of an old tiny, dilapidated 1BR in an equivalent area in NYC. You can likely even get a 3BR older row house for the same price as a 1BR in Manhattan or prime Brooklyn.
Not to mention, in NYC it's very difficult to buy a home as they are ~30-40% more expensive than renting, with high maintenance fees. For example, a 2BR in Upper East or West side (not near central park) will be ~6-9k a month with ~3k a month in taxes/maintenance.
The (made up) cocktail price index is also illustrative and in NYC one cocktail is ~$17-20 and DC is ~$11-14.
Re:Ask HN: Moving to DC in 2023?
by mixmastamyk on Tuesday February 07, 2023 @12:09PM
(#34695483)
If workers are not coming back to DC, prices should ease.
Also, the pandemic hit DC really hard. DC is heavily reliant on commuters. It has one of the largest daytime-nighttime population changes in the country. But those government and knowledge workers are never coming back into the office at the same scale as before. Metro ridership has cratered, putting it in a budget crisis even when substantially reduced service levels. And lots of bars and restaurants that had built up over the last decade have closed down.
I will say, DC has some very charming and walkable neighborhoods. The area between DuPont Circle and Logan Circle is very cute, in a 1970s sort of way.