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[quote=Anonymous][quote=Anonymous]Even setting aside what might happen with government employment / budgets / draining the swamp rhetoric, the Trump election has to be fairly bad for the DC housing market (my comments are for DC proper and not the burbs).

DC has benefited tremendously from the steady stream of young people moving to the city - a trend that really started after Obama's election in 2008. Recent college grads started moving to DC in bigger numbers to reverse the net domestic outmigration of the decades prior - many were young idealist who were moved by the hopey/changey things that Obama promised and wanted to answer the call for public service through direct federal environment or working for some other idealistic half brained idea/NGO/eco system that was supported by federal or do gooder priorities. These are the people who wanted to live in U Street/Columbia Heights/14th st logan circle. Cool people attract other cool people and their friends which started a virtual circle of population growth in DC. Immigration also  played part at both the high end (tech/finance/International orgs) and low end.

Again without even assuming anything around budgets or federal employment, Trump's election changes the attractiveness of the city for both young people and immigrants. I'm not really a Democrat but honestly how many 22 year olds are dying to work for Lets Make America Great Again causes/jobs (and the minority who do want to hardly have the cool factor to be a draw). Heck he can't even fill the top jobs in his own administration at the senior level much less draw throngs from across the country who want to start their professional lives in DC. Add to that he is rounding up immigrants and [b]making it harder to obtain legal visas in tech[/b]...and you can see how migration in DC might significantly slow down.

[/quote]
If you are referring to the H1B workers who work in IT, then you should know that this group never found DC proper attractive. They like suburbs with good schools and green neighborhoods. They are not in the US to imbibe the urban cool. [/quote]

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