Reply to Impact on city revenue?

Forum Index » Metropolitan DC Local Politics

Reply to "Impact on city revenue?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]https://www.washingtonpost.com/politics/federal-employees-working-from-home/2021/05/23/73c34304-b8db-11eb-a6b1-81296da0339b_story.html

I’m a fed so this is kind of cool, but I also own commercial real estate in dc. I am wondering what this will do to the local economy and how the city will fill the budget shortfall. Tax the rich? Get money from upcoming legal weed sales? Are all the woke city council going to tax productive citizens into wanting to move away? I mean half the city is poor af and the government basically is the prime driver of the economy. If feds out in Leesburg aren’t commuting in to work anymore the traffic will be great but our local property values will get crushed and all the other ramifications.[/quote]
You seem to be all over the place because you are panicked about losing value in your CRE investment.

Residential real estate will be fine, particularly SFH in communities with quality amenities. You could even see an increase in interest in further out areas, like Harpers Ferry, Annapolis/Kent Island, Warrenton, etc.

The downtown retail/restaurant scene is going to get hit hard though. Fewer amenities may make downtown living less interesting.

Great time for the suburbs. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics