(Replying to PARENT post)
DC is becoming an awful place unless you absolutely know where you'll be working for the next 20 years and can buy a home close to the office. Otherwise, you're not going to enjoy the 2.5 hour commute and $12 in tolls when client site location moves from Tysons to Silver Spring, MD. It's so crowded, though, because a lot of government workers and contractors who'd be making $50K in Anywhere, America can earn 6 figures after a bit of seniority in the gov.
I'm planning on bailing for good. I could now only barely afford one of those tiny condos with a $500/month HOA nowhere near a metro in NOVA, but I'd never get to enjoy it as I'd be spending the majority of my day sitting in traffic. And wages in DC for techies aren't really that good compared to SV or NYC, since it's mostly set by government. Maybe Amazon will force the contractors to pay more.
(Replying to PARENT post)
Also, inflation requires increasing demand for it to occur. The existence of increasing demand does not mean it's not inflation. That's why goods/services with no increasing demand do not inflate in an inflationary economy. Inflation has always been an uneven phenomenon.
(Replying to PARENT post)
Housing is hard to gauge because the same house moves up market as areas develop. When I was a kid, Reston (where Google has a big office), was a solidly middle, even lower middle class suburb with old housing stock. Now it’s got a Metro station, tons of new shopping, tons of tech jobs. Reston is, now, what Clarendon was when was a kid. Rents have gone way up in Reston, but that’s not inflation. It’s paying more for a more in-demand, premium product.
(The same thing happens with cars by the way. The Toyota Corolla was once Toyota’s low-end model. Now, it’s a mainstream sedan, with whole nameplate, Scion, filling the market segment previously targeted by the Corolla.)