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Reply to "What would you do with budget of 600-700K?"
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[quote=Anonymous]I'd be cautious about those predicting a massive drop in real estate prices of close-in VA/MD and NW DC areas due to cuts in federal spending/workforce...as an earlier poster explained, the high-income strata here which range from IFIs (WB/IMF/IDB) to doctors/high-end scientists to IT entrepreneurs to Biglaw to lobbyists are pretty resilient even in the worst of times...also federal cuts are going to hit mid-level and lower federal workers a lot harder, the high end of the GS scale, SES, ES are not going to disappear, the UGS is still is a multi-trillion dollar per annum enterprise headquartered in Washington, DC no matter how bad the economy gets....[/quote]
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