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Reply to "For fellow housing bears"
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[quote=Anonymous]There are two factors that will drive DC real estate over the coming decade: 1. As price growth in gentrifying areas slows, many fewer people will buy there. This will evaporate the main reason for buying into mediocre neighborhoods with poor schools. 2. Beltway suburbs will see accelerated growth from increased telecomuting and cheaper transportation (driverless, electric, etc.) The trend towards living in the city will be somewhat reversed (or slowed) as the investment upside decreases while technology improvements makes living in desirable suburbs even cheaper.[/quote]
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