Rising Home Prices Force Public Servants To Relocate
14 October 2003 - 11:00am
Priced out of an affluent county, workers like firefighters, teachers must commute long distances.
"A look at Montgomery's steadily rising housing prices explains why the affluent county is turning thousands in its work force into refugees who flee at the end of the day to Prince George's, Frederick and Washington counties, where they're not priced out...In some ways, the county is a victim of its success. House hunters have long appreciated its quality schools and proximity to Washington. Those amenities - plus job growth and a scarcity of land on which to build - have pushed already expensive housing costs out of reach for many in the past few years."
Source:
The Baltimore Sun, October 13, 2003
»
- Login or register to post comments
- Email this page
- The Future of Development in D.C. - Jan 19, 2012
- Massive Mixed-Use Transit Oriented Development To Hit White Flint - Dec 06, 2011
- Maryland Lays Out Plan to Combat Sprawl - Sep 16, 2011
- Green Gadget Homes Aimed at Middle Class - Aug 27, 2011
- Urban Lifestyle Preference On The Rise - Aug 04, 2010
“
One of the keys to regional and local prosperity is the ability to attract and retain high-skilled people. ... Many people can, and do, choose where they want to live based on factors beyond their ability to make a living.
”

















