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Reply to "I think the bubble is popping."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] Well, the housing bubble DID pop 13 years ago, it was just re-inflated by the Fed and TARP. And the market now knows the Fed always will have housings back so it’s RISK ON BABY, or whatever aggressive traders say. [/quote] Yep. I'm 39 y/o and I agree with you. We will never see the type of housing value depreciation like we did in 2008 or 2005 in DC. Property owners always get bailed out, renters and savers get screwed. Capitalism, F yeah[/quote] What depreciation are you referring to in 2005 or 2008 in DC? 2005 the market was strong. 2008, nothing went down in DC but the MD (not VA) outer suburbs (particularly PG County) got crushed.[/quote] My townhome community out in Fairfax lost around 20/25%. Values only recently reached (and surpassed) the previous peak prices. -dp[/quote]
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