Reply to This must be some sort of housing bubble again

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]DC is immune to housing bubbles. So no, sorry OP - this is not a housing bubble. Good luck.[/quote]

This time is different! I love the hubris here... everyplace things its immune and everyone else is a bubble.  You know, all the kids are above average in DCPS![/quote]

It feels somehow comforting to me that we still have such slow thinkers in DC. Did you not see the post from the person who bought in the district 15 years ago? Look at the DC real estate prices 20 years ago. You don't wish you could go back and take that deal? DC is not the rest of the country. Show me which DC neighborhood people bought into fifteen, ten, five years ago and are now feeling totally burned because they overpaid and wouldn't now be able to sell their home for what they paid. [/quote]

Actually, as a person who bough 15 years ago - I'm sitting really pretty, than you very much! But I did at that time think I overpaid and my house is currently worth twice what I paid for it (but not yet matching the 2007 highs).  Of course, I am in Fairfax county, not some far off county.[/quote]

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