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Real Estate
Reply to "Is there going to be panic selling?"
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[quote=Anonymous][quote=Anonymous]There is a huge shortage of housing. People in DC often live in the in huge houses in the surburbs with room for tenants. So why sell. My basement is sitting empty. It is 2,000 square feet with two bedrooms and a bathroom. No kitchen. If broke I could put a cheap fridge in, microwave/convection oven combo and two burner electic stove top. Find some govt workers who live even further out and rent it for like $2,600 a month. Maybe 4 guys or ladies who are hybrid can rent it out if each only needs it three nights a week. I am right by NIH in Bethesda. I would go down to one car. Even though I own my cars. I have to insure and maintain them all. Cancel every subscription. if necessary I move in to a tiny basement place and rent out my whole house. [/quote] One of our neighbors did this. They live in the basement and rented the rest of the house out for $$$[/quote]
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