Who in the world would buy or sell a house in the DMV right now?

Anonymous
Anonymous wrote:
Anonymous wrote:I would buy if the price was right. I work in the private sector serving commercial clients.


You do understand that everyone will be affected?


I’m the poster of the original quote. You’re right in the sense that business is booming for my company because my clients are manufacturing companies scrambling to move production back to the US. If anything, I’m in a better position to buy now than previously.
Anonymous
We were trying to sell our dc rowhouse for months, but then flipped the switch and rented it out. We have a low interest rate and were able to get a good rent. We feel very lucky with our timing (after being unlucky for months of low-ball offers we couldn't accept.) Once the 2 year lease is up, we'll reassess, but are inclined to keep renting.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:People who want to buy and sell?

I know Musk dropped the equivalent of a nuclear bomb (ten of them?) right into the heart of the Feds but most of us are not feds. However, I will be watching what unfolds with interest.


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.


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.



And if there is negative impact on housing due to the federal government firings, I think the impact will be on the far-out suburbs, and there will still be a premium for the close in locations with good school districts.
Anonymous
Anonymous wrote:We were trying to sell our dc rowhouse for months, but then flipped the switch and rented it out. We have a low interest rate and were able to get a good rent. We feel very lucky with our timing (after being unlucky for months of low-ball offers we couldn't accept.) Once the 2 year lease is up, we'll reassess, but are inclined to keep renting.


This is, in part, why housing prices won’t go down anytime soon. Most current owners have low interest rates and ability to rent. Supply will remain low.


Anonymous
Anonymous wrote:As someone about to list a $1.5M house in Arlington I have been fearing the worst, but the optimism on buyers is excellent news!


Where is your starter home in Arlington? I'm guessing 2,000 sq ft and needs updates
Anonymous
Anonymous wrote:We were trying to sell our dc rowhouse for months, but then flipped the switch and rented it out. We have a low interest rate and were able to get a good rent. We feel very lucky with our timing (after being unlucky for months of low-ball offers we couldn't accept.) Once the 2 year lease is up, we'll reassess, but are inclined to keep renting.


I'm guessing the difference between renting and buying was a couple thousand.
Anonymous
Anonymous wrote:
Anonymous wrote:People who want to buy and sell?

I know Musk dropped the equivalent of a nuclear bomb (ten of them?) right into the heart of the Feds but most of us are not feds. However, I will be watching what unfolds with interest.


hello? The loss of employment will extend far beyond feds (contractors, NGOs, etc. etc)


Exactly. A contractor friend was telling me how much $$ in contracts Deloitte relies on.
Anonymous
I’m a federal government worker so am worried but life goes on regardless of what goes on around us. So the people buying and selling are people that need or want to.
Anonymous
Anonymous wrote:
Anonymous wrote:As someone about to list a $1.5M house in Arlington I have been fearing the worst, but the optimism on buyers is excellent news!


Where is your starter home in Arlington? I'm guessing 2,000 sq ft and needs updates


Only in Arlington is a 2k sq foot house a starter home.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:People who want to buy and sell?

I know Musk dropped the equivalent of a nuclear bomb (ten of them?) right into the heart of the Feds but most of us are not feds. However, I will be watching what unfolds with interest.


hello? The loss of employment will extend far beyond feds (contractors, NGOs, etc. etc)



But don’t you think if the agencies close the government will outsource the work to existing contractors -here and beyond? So FEMA shuts down and Deloitte and others get that work. It is a shell game because no one wants to spend political capital.
Anonymous
Anonymous wrote:
Anonymous wrote:

Trump announces a month-long pause on Mexican tariffs after a conversation with Mexican President, who promised to send 10K soldiers to the border, per CNN.

This is exactly what we've been telling you headless chickens! Trump is not rational. He can't even follow through on his own promises. He's a mob boss who changes tactics all the time. Musk is no better. There is no way either of them can actually do the things they claimed they would do. They're incompetent.

Instead of sinking into a pit of despair and making ridiculous pronouncements on the death of the DC area, calm down and understand the nature of the beast in front of you.




I'll have to read about the latest news re Mexico, but if he got the Mexican president to agree to send 10k soldiers to the border to help stop illegal migration, there is a victory there for Trump. He was always clear about using tariffs as a cudgel to get Mexico and even Canada to agree to proactively monitor their borders on their sides.

If Musk and Co are successful at major restructuring reform of the "deep state" there could be long term implications for the region but not necessarily how some wish it. I'm reminded of Southern California when the defense plants all shut down, overnight a large and lucrative industry was gone and the region was plunged into recession territory and housing prices dropped sharply. This was late 80s-early 90s. But then California rebounded and house prices boomed and never stopped booming. The forced diversification of SoCal paid off. That may actually happen to the DMV.



Don’t be naive. Those same solders will aid the cartel in delivering elicit drugs in this country more effectively. This is a not win. I don’t understand how you could easily believe that it is
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:

Trump announces a month-long pause on Mexican tariffs after a conversation with Mexican President, who promised to send 10K soldiers to the border, per CNN.

This is exactly what we've been telling you headless chickens! Trump is not rational. He can't even follow through on his own promises. He's a mob boss who changes tactics all the time. Musk is no better. There is no way either of them can actually do the things they claimed they would do. They're incompetent.

Instead of sinking into a pit of despair and making ridiculous pronouncements on the death of the DC area, calm down and understand the nature of the beast in front of you.




I'll have to read about the latest news re Mexico, but if he got the Mexican president to agree to send 10k soldiers to the border to help stop illegal migration, there is a victory there for Trump. He was always clear about using tariffs as a cudgel to get Mexico and even Canada to agree to proactively monitor their borders on their sides.

If Musk and Co are successful at major restructuring reform of the "deep state" there could be long term implications for the region but not necessarily how some wish it. I'm reminded of Southern California when the defense plants all shut down, overnight a large and lucrative industry was gone and the region was plunged into recession territory and housing prices dropped sharply. This was late 80s-early 90s. But then California rebounded and house prices boomed and never stopped booming. The forced diversification of SoCal paid off. That may actually happen to the DMV.



Don’t be naive. Those same solders will aid the cartel in delivering elicit drugs in this country more effectively. This is a not win. I don’t understand how you could easily believe that it is


I don't rely on reddit for all my political beliefs and interpretations of the day's event.

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:

Trump announces a month-long pause on Mexican tariffs after a conversation with Mexican President, who promised to send 10K soldiers to the border, per CNN.

This is exactly what we've been telling you headless chickens! Trump is not rational. He can't even follow through on his own promises. He's a mob boss who changes tactics all the time. Musk is no better. There is no way either of them can actually do the things they claimed they would do. They're incompetent.

Instead of sinking into a pit of despair and making ridiculous pronouncements on the death of the DC area, calm down and understand the nature of the beast in front of you.




I'll have to read about the latest news re Mexico, but if he got the Mexican president to agree to send 10k soldiers to the border to help stop illegal migration, there is a victory there for Trump. He was always clear about using tariffs as a cudgel to get Mexico and even Canada to agree to proactively monitor their borders on their sides.

If Musk and Co are successful at major restructuring reform of the "deep state" there could be long term implications for the region but not necessarily how some wish it. I'm reminded of Southern California when the defense plants all shut down, overnight a large and lucrative industry was gone and the region was plunged into recession territory and housing prices dropped sharply. This was late 80s-early 90s. But then California rebounded and house prices boomed and never stopped booming. The forced diversification of SoCal paid off. That may actually happen to the DMV.



Don’t be naive. Those same solders will aid the cartel in delivering elicit drugs in this country more effectively. This is a not win. I don’t understand how you could easily believe that it is


This is spot on. An analyst on CNBC was commenting on how probably 8000 of the 10000 are in the cartels’ pockets, so the drug dealers are ecstatic.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:

Trump announces a month-long pause on Mexican tariffs after a conversation with Mexican President, who promised to send 10K soldiers to the border, per CNN.

This is exactly what we've been telling you headless chickens! Trump is not rational. He can't even follow through on his own promises. He's a mob boss who changes tactics all the time. Musk is no better. There is no way either of them can actually do the things they claimed they would do. They're incompetent.

Instead of sinking into a pit of despair and making ridiculous pronouncements on the death of the DC area, calm down and understand the nature of the beast in front of you.




I'll have to read about the latest news re Mexico, but if he got the Mexican president to agree to send 10k soldiers to the border to help stop illegal migration, there is a victory there for Trump. He was always clear about using tariffs as a cudgel to get Mexico and even Canada to agree to proactively monitor their borders on their sides.

If Musk and Co are successful at major restructuring reform of the "deep state" there could be long term implications for the region but not necessarily how some wish it. I'm reminded of Southern California when the defense plants all shut down, overnight a large and lucrative industry was gone and the region was plunged into recession territory and housing prices dropped sharply. This was late 80s-early 90s. But then California rebounded and house prices boomed and never stopped booming. The forced diversification of SoCal paid off. That may actually happen to the DMV.



Don’t be naive. Those same solders will aid the cartel in delivering elicit drugs in this country more effectively. This is a not win. I don’t understand how you could easily believe that it is


This is spot on. An analyst on CNBC was commenting on how probably 8000 of the 10000 are in the cartels’ pockets, so the drug dealers are ecstatic.


I'm aware there are many on DCUM who can never, ever, under any circumstances, ever allow any modicum of realism in Trump's action. Everything has to be sneeringly nitpicked apart by people with enormous hatred of the man. Since I don't fall into this category and live in a world of realism, this is a victory for Trump. At a minimum, the presence of 10k Mexican soldiers across the border means the US has leverage over Mexico's failure to act simply by pointing to the soldiers across the border. Previously Mexico could turn a blind eye simply by not being there. US sees Mexican soldiers not doing anything while illegal migrants cross over, US charges Mexico with violation of agreements and has documented proof that it uses as leverage in renegotiating agreements. Do you understand now? This is called realpolitiks, not angry wishcasting screeds.

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:

Trump announces a month-long pause on Mexican tariffs after a conversation with Mexican President, who promised to send 10K soldiers to the border, per CNN.

This is exactly what we've been telling you headless chickens! Trump is not rational. He can't even follow through on his own promises. He's a mob boss who changes tactics all the time. Musk is no better. There is no way either of them can actually do the things they claimed they would do. They're incompetent.

Instead of sinking into a pit of despair and making ridiculous pronouncements on the death of the DC area, calm down and understand the nature of the beast in front of you.




I'll have to read about the latest news re Mexico, but if he got the Mexican president to agree to send 10k soldiers to the border to help stop illegal migration, there is a victory there for Trump. He was always clear about using tariffs as a cudgel to get Mexico and even Canada to agree to proactively monitor their borders on their sides.

If Musk and Co are successful at major restructuring reform of the "deep state" there could be long term implications for the region but not necessarily how some wish it. I'm reminded of Southern California when the defense plants all shut down, overnight a large and lucrative industry was gone and the region was plunged into recession territory and housing prices dropped sharply. This was late 80s-early 90s. But then California rebounded and house prices boomed and never stopped booming. The forced diversification of SoCal paid off. That may actually happen to the DMV.



Don’t be naive. Those same solders will aid the cartel in delivering elicit drugs in this country more effectively. This is a not win. I don’t understand how you could easily believe that it is


This is spot on. An analyst on CNBC was commenting on how probably 8000 of the 10000 are in the cartels’ pockets, so the drug dealers are ecstatic.


I'm aware there are many on DCUM who can never, ever, under any circumstances, ever allow any modicum of realism in Trump's action. Everything has to be sneeringly nitpicked apart by people with enormous hatred of the man. Since I don't fall into this category and live in a world of realism, this is a victory for Trump. At a minimum, the presence of 10k Mexican soldiers across the border means the US has leverage over Mexico's failure to act simply by pointing to the soldiers across the border. Previously Mexico could turn a blind eye simply by not being there. US sees Mexican soldiers not doing anything while illegal migrants cross over, US charges Mexico with violation of agreements and has documented proof that it uses as leverage in renegotiating agreements. Do you understand now? This is called realpolitiks, not angry wishcasting screeds.



They already agreed to send troops under Biden. You people are delusional.
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