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Real Estate
Reply to "s/o How far will prices drop in MoCO?"
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[quote=Anonymous][quote=Anonymous]And also that folks in MoCo only own one house? I also own a condo in NY. I also owned a house in NY till recently and my MoCo home. Most folks on my block own a few homes. One guy owns 3 crap rental properties in Arlington he bought 10-25 years ago and rents out. However, did not want to live there. [/quote] Yep. I own a condo in CO, fully paid for and not rented. Here we have over 1/5 of our home paid off.And I own a place in Europe, in the priciest part of my hometown! And I am among the poorest of my MoCo friends. I know a lot of people in MoCo that own at least one vacation home in addition to their house here. I know a family that has a great mansion in Brookeville and 12! I kid you not 12 rental properties in the DMV, spread all over, may in NoVa. And these are not their main jobs either! Side gig in addition to regular office jobs. [/quote]
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