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Reply to "D.C. Home Values - Rising Even More Under Trump?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]01/20/2017 15:45 here again. I don't think the OP of this thread and the other one (unless they own a $6M+ home in Kalorama) will see an increase in their home value. Most neighborhoods prices will flatten and some of the neighborhoods might see decreases. Especially as mortgage rates climb[b] and if a wall is built[/b]. [/quote] Yes the wall will definitely affect DC home prices. All of those people from Mexico will no longer be able to move here and inflate home prices with all of their cash. ?????![/quote] If the wall is built and there's a (G-d forbid) nasty set of additional deportations, I wouldn't be surprised if that increases house prices. Why? The labor cost of building new houses should increase and new builds would get more $$$. Immigration has meant building has cost a good bit less than it would've otherwise.[/quote] If the wall is built and the sanctuary city status disapears [i]a lot[/i] of life not only in DC (maids, restaurant workers, dishwashers, hotel workers will all disappear) but suburbia as well. I went to Wheaton the other day and couldn't believe my eyes. The entire downtown is Little Mexico. [/quote]
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