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Reply to "This must be some sort of housing bubble again"
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[quote=Anonymous][quote]This time is different! I love the hubris here... everyplace things its immune and everyone else is a bubble.[/quote] Notice that I said that [b]DC[/b] is immune; not the whole country. During the housing crisis, sure some far-flung burbs got punished. But on the whole DC prices merely took a 10 minute breather before pushing higher. Nothing can stop this market - not the fact that much of the rest of the country is suffering, or that recent grads have massive tuition payments. Those inputs are irrelevant to the DC housing market (and a few others) which seems to be exogenous to the larger economy. There is just too much funny funneling in pushing up prices for us to get implicated in other housing markets' ills.[/quote]
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