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Real Estate
Reply to "Why do expert say: Buckle in for a brutal free-fall in home prices - Housing Bubble"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I just don’t get how prices will fall when supply is so low. [/quote] The demand has absolutely slowed down. People are losing their jobs especially tech. Along with being a Fed hub, DC is also a tech hub. And those who haven't lost their jobs aren't making any large purchases right now especially at 7% rates. [/quote] Not the tech jobs here. Not contacting, not defense contractors. Sorry! People are still hiring. This is not a recession that people think it is, it's reactionary and situational. [/quote] Yeah I work in tech in DC and we’re still desperate for people, and giving signing bonuses and being super flexible on remote work to get well qualified people into needed roles. If tech companies are laying people off in this area, it’s news to me. Also let me know who so I can target those folks for jobs![/quote]
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