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Reply to "Should We Be Scared--Housing Prices Tied to the Federal Government? "
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[quote=Anonymous][quote]Anonymous wrote: Well let's see. DC has been on a never ending rise since the CIVIL WAR. Nothing, no political or financial force has ever made it come anywhere close to rock bottom. But you think the fall of Greece will do it? Maybe if this were 400 B.C.E. but otherwise? Yeah, no. I'm sure Cleveland, Detroit, and Baltimore thought the same thing. A $1 can now buy you a home in Detroit.[/quote] Totally different scenario to Detroit, which started contracting as soon as the post-war period when everything else was booming.[/quote]
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