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Reply to "Where are the people who said prices would plummet when the fed layoffs were announced?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm not a fed or fed adjacent, but I also thought the housing market would be hit hard. To be fair, it's not has hot as it was preTrump. The houses in my DC suburb just outside the beltway are going for $1mil+, albeit sitting longer. The people I know who live in my neighborhood aren't feds, though some are fed adjacent. We have a lot of lawyers (non fed), health and IT workers in my area.[/quote] If you were fed or fed adjacent, you would have known that the best most feds can buy is a condo, unless they have a wealthier non fed spouse or buy a sfh in the far off suburbs. And those who were laid off with the wealthier non fed spouse don't have to sell their house. It's why the condo market is flat right now. [/quote] 2 GS12 and higher Feds can afford to buy a SFH in the suburbs. And not every Fed in the area works in DC proper.[/quote]
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