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Metropolitan DC Local Politics
Reply to "There is no housing crisis in MoCo or most of the DMV for that matter "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm just waiting for the condo market to tank so I can swoop in and buy a great one for a song that I can keep as my city retirement pad. All I see are big condo/apartment building going up and I have no idea who is buying them all. The Whole Foods at Walter Reed has been open for months. I live a mile away and can't be bothered to go check it out. It would require figuring out where the parking garage entrance is. I'm sure that place is going to be a bust. [/quote] Not everything has to be for you, and that's ok. [/quote] There is very little chance that most of the condos being built will be appreciate much in value. Investing in a condo in DMV to grow one's wealth makes no sense here.[/quote] Condos are housing. For people to live in. The main benefit of housing is that people have a place to live.[/quote]
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