Reply to Are we in a housing bubble?

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Reply to "Are we in a housing bubble?"

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[quote=Anonymous][quote=Anonymous][quote]
Anonymous wrote:

DC is becoming less of an anomaly as far as the economy goes. Especially this year.

What do you mean? DC is a bustling capital city, and usually has rising housing prices in anything but a recession (local, national, or international). It is not an anomaly. Every capital (or major) city is like this.[/quote]

RTO is probably a short term trend. Long term people will most likely be able to WFH. We have these things called computers and the internet. There is no real need to be at a physical office all of the time in order to accomplish work tasks. Plus traffic is terrible and roads are expensive. Companies are offering WFH in order to attract top talent. As the federal government pays less and benefits are in decline, WFH will be a way they can attract workers (if they can attract workers at all). I just don't see how DC is a bustling city, especially if contract work is also cut. 
[/quote]
To be fair, even private companies are doing RTO a lot now.[/quote]

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