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Who in the world would buy or sell a house in the DMV right now?
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Anonymous
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Can you please realize that some of us are independently wealthy and can afford any house in cash? You know DCUM skews wealthy.
Separately, I'm very sorry that federal employees and all businesses adjacent to them are miserable right now. |
Anonymous
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People sometimes need to buy and sell regardless of what is going on in the area. Is that really a difficult concept for you to grasp?
Also, the MAGA cult is in denial that they are destroying the economy/country so of course it's business as usual for most of them. |
Anonymous
| People who develop homes and already have a lot of money. |
Anonymous
| I would sell now because prices will likely plunge soon, what with the mass exodus of government employees |
Anonymous
So, you're not able to see how the firing of so many people will affect the economy? We are not feds either but the policies will negatively affect us and so will the tariffs. |
Anonymous
Goodness gracious, if you're going to take that tone, please remove yourself to one of the many headless chicken threads on that topic. As posters have explained, everything does not stop just because the government is crazy and is eating its own. People move, because of jobs and family. They have to buy and sell regardless of the state of the real estate market. And some of us who have been here for years and have the cash on hand, would not be adverse to upgrading. My wealth isn't going to be affected by tariffs or job loss. Please wrap you mind around the fact that even if we're heading for a recession, not everyone suffers in a recession. It's getting impossible to have a rational discourse around here. |
Anonymous
"with interest" ??? really. |
Anonymous
| We sold a few weeks ago in a close-in, popular neighborhood. I'm a fed and regardless of buyout (which I am currently not eligible for), we're heading closer to family once school ends. Hate that I'm giving up a 15 year run like this, but ... sold our house at an incredible profit, will have a MUCH nicer house, public schools that usable and not having to worry about every EO that gets sent out. |
Anonymous
| I agree op. But I've been saying this for the last few years not just right now. |
Anonymous
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National Association of Homebuilders warn housing prices will skyrocket because of tariffs. Folks on this board have been saying to wait for prices to go down for a decade but they continue to go up. Might be the right time to buy now
https://x.com/csilverandgold/status/1886106501011452159?s=46 |
Anonymous
The word you want is averse. |
Anonymous
Not PP, but listen: Most of us non-feds are sympathetic to feds right now. My neighbor was one of the IGs who got the boot early on. So we get it. But when we read thread after thread of wailing and gnashing of teeth, and the hijacking of every topic towards end times rhetoric... it starts getting a little too navel-gazing. Sorry to say. My husband and I, when we were fired from non-fed jobs, didn't go on DCUM and cry. Now we're in a much better place and will likely not be too impacted by a recession, and I want to extend every sympathy to all of you who are afraid of economic fallout. But also... come on. Pull yourself together. There is a point of diminishing returns on whining. |
Anonymous
| Its all about supply and demand. It seems very likely that local supply will increase and demand will decrease from the Fed and Fed related DMV population. Wait and see. Or dive into buying today. At worst, you overpay by a little but if it’ll be your 15 year home and you are financially insulated from all of this, maybe its not such a big deal. |
Anonymous
| When it comes to investments, going against the conventional wisdom is a smart way to go especially if the concerns are ambiguous and not specific data. Personally I don’t see the housing market getting better for buyers due to likely higher interest rates in the near future (my opinion) and continued low inventory |
Anonymous
| Logic would say that close in areas will increase in value because of RTO and further out would go down. |