Reply to s/o How far will prices drop in MoCO?

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[quote=Anonymous][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 [b]12 rental properties in the DMV, spread all over, may in NoVa. And these are not their main jobs [/b]either! Side gig in addition to regular office jobs. [/quote]

Bubble times are here again! That's a tower of real estate waiting to collapse.  [/quote]

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