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[quote=Anonymous][quote=Anonymous][quote=Anonymous]we live in the burbs but I can't help but to think/worry that over time if people are abandoning dc that will have a ripple effect outward. like the value of being in close proximity of a city that you don't want to go to isn't worth the cost of buying in a close in suburb.[/quote] You’re nuts. There’s not enough homes for the existing population of the DC metro area, let alone the growth that is slated to take place over the next 20+ years. We are short nearly a decade of home construction. Prices will not collapse in DC; there’s not enough supply to meet demand. Prices in DC may not grow as quickly as close in suburbs. We have already seen that in Beltway suburbs in MD and NovA in the past 3 years. But the doomsayers will be wrong. WFH is going to be only 3 days/week max for federal govt once everything shakes out. Management will be in office 4 days per week. Any jobs in finance or RE require 4 days/week in office minimum. Consulting and Big 3 accounting want you in client offices to strengthen the business relationship. You’re nuts if you have a white collar job and are buying far out homes with the expectation you will only be in the office 1-2 days/week. Good luck. [/quote] 3 days a week in the office makes it quite easy to buy a far out suburban home as someone who used to do shift work that was three twelve hr shifts a week. Most staff at my urban hospital live in far off burbs but it's just not a big deal when you arrive at work by 630/7a 3 days a week.[/quote]
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