Reply to Brent, Maury & Watkins Trend-lines

Forum Index » DC Public and Public Charter Schools

Reply to "Brent, Maury & Watkins Trend-lines"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote] One of the problems that the Brent/Maury/Watkins parents face is they are deep into debt on their homes. There are parents who have completely gutted their homes and taken fabulous vacations all while using their home as a ATM. [/quote]

Just wanted to pull this hilariously off-base quote out.  Given that Capitol Hill housing has kept its value better than almost any other neighborhood in the region, I think you may be projecting here.

We bought in 2004.  The housing bubble "collapse" sees our house's value at +5%.  I know folks in the burbs who are off 25% from buying at the peak.  Couple this with the fact that the ration between rents/mortgage has finally equalized, and we can actually cover our monthly mortgage payment and maintenance by renting our house out, and...no, we're not fighting for our lives underwater.

Given how laughable your analysis of the RE market on the Hill, I'll take the rest of your "analysis" with a grain of salt, thanks.

:roll"[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics