Is there going to be panic selling?

[Anonymous]

Anonymous wrote:One thing people underestimate is the effects on private sector companies outside DC. If you're a federal employee, think of all the software programs you use at work -- everything from virus scan programs (usually multiple of them because the threat environment is very complicated), to document management, to benefits. You probably don't notice the companies behind all of them, but most are publicly traded. Now, imagine Musk cuts back on all those software programs, or the agencies find a way to do it themselves due to less in appropriations.

Suddenly, the 10% YOY revenue increases those companies were reporting to their investors stop. Revenues are flat or dropping. That means their stock prices drop because built into those stock prices were an expectation that revenues would continue to go up. With dropping or stagnant revenues, and fewer government customers, those companies now need to do layoffs. And before you now it, we'll be in a recession with no easy way out.

It's going to get ugly, folks.

+1

[Anonymous]

RTO is going to offset any job loss effect and low mortgages are great for renting out your home. So doubtful.

[Anonymous]

Not in the nicer areas. My Bethesda neighborhood is all dual-income HHs with significant family money.

[Anonymous]

Today on X Robert Malone said:

"Leading indicator for how effective DOGE is will be residential real estate sales in northern VA and rockville/bethesda MD region". It got over 3K likes already with people cheering on turning DC metro into a wasteland. My thought on this: bro just wants to get something closer in to add to his horse ranch in VA, and keeping his fingers crossed. I also wouldn't mind a nice new mcMansion in DC metro for half price

[Anonymous]

Anonymous wrote:Even full time RTO is barely a big deal. You get tons of vacation days holidays. Not that many days at work.

My first job I worked 6 days a week, ten vacation day and ten holidays. That job was very very close to my house or would have been very hard to do.


If I had a 8-4 pm job M-F with 12 Holidays and 5 weeks vacation and sick days I could easily do a long commute.

Eh. If you’re talking about federal jobs they’re not 8-4 though. I’ve worked at two agencies and it is 8.5 hrs/day (.5 unpaid lunch) and when you start no vacation days. You earn like half a day a pay period.

[Anonymous]

Anonymous wrote:Today on X Robert Malone said:

"Leading indicator for how effective DOGE is will be residential real estate sales in northern VA and rockville/bethesda MD region". It got over 3K likes already with people cheering on turning DC metro into a wasteland. My thought on this: bro just wants to get something closer in to add to his horse ranch in VA, and keeping his fingers crossed. I also wouldn't mind a nice new mcMansion in DC metro for half price

Keep dreaming 🤣🤣🤣

[Anonymous]

And foreign investors and corporations will be the winners when it begins.

[Anonymous]

Anonymous wrote:RTO will balance out the real estate market in DC or close enough in to commute.

This.

[Anonymous]

Of course not. DC is a sellers market and will remain one. Even if tons of people sell there are more who are willing to buy. Usually the change of administration is an exciting and active time for the real estate market. You’ll be more than fine.

[Anonymous]

Between mass RIFs of feds and mass cuts with contractors, there is no way the local economy, including the RE market, won’t be impacted. It may take a year or so to see the full impacts, but there will be change.

[Anonymous]

Most people around me paid cash for their homes. We don't need to sell.

[Anonymous]

No, because we have a low interest rate here in the DC metro and most other housing markets where there are jobs have crazy high prices. Purchased over ten years ago, so no, we don't plan to go anywhere.

[Anonymous]

If we didn’t have school aged kids we would be out of here and I imagine we’re not alone.

[Anonymous]

Sadly I have been thinking about this. I have a low rate mortgage, but if unemployed or underemployed would want a lower payment. Unfortunately, if i sold and put the equity down on a smaller home, my payment would not be lower. I could probably buy a small townhouse with the equity cash.

[Anonymous]

Barron Trump started a real estate company so maybe he will buy up the properties for cheap.