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Real Estate
Reply to "Zillow data shows DC with 3rd largest price drop in the Nation"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]In Potomac, Chevy Chase, McLean, Georgetown it is not like folks are GS14. 1/2 of my block are Doctors. None for govt. [/quote] It's so cute that some posters on this board think feds can afford to buy sfhs in those places, or the District unless they have trust funds or a higher earning partner / spouse. [/quote] I know multiple feds who moved here in the late 1990s or very early 00s, bought something, which tripled in value and then have used the enormous return to buy fancy houses in Georgetown, Chevy Chase, etc... but it works because they have the solid gold salary and retirement. Ooops. And really, it doesn't matter how they're buying their homes—inheritance, rich spouse, good investments... if they're not buying, it's hurting hte market. And it's hurting the market. [/quote]
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