Reply to Will DC housing prices rise if/when Fed cuts rates in September?

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Reply to "Will DC housing prices rise if/when Fed cuts rates in September?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]No matter who is elected, people still need homes and the supply of houses is still very low.  High demand and low supply, plus interest rate cuts means higher prices.

[/quote]

Possibly true nationwide, but locally, there will be a dramatic housing price crash if Trump is elected.[/quote]

ThErE's GoInG tO bE a HuGe CrAsH!!!!!! THE END IS NIGH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!![/quote]

Baloney.  Even with a Trump win, there is no chance the housing market will do anything but continue to improve. The multiple fed rate cuts will raise prices, and the pentup demand plus low supply means housing sales will grow. [/quote]

yes... nationally.

but I'm not sure why people are ignoring the facts... just this week, Trump issued a video in which he said he will ship 100,000 federal jobs out of DC and classify another 50,000 as political appointees.

[twitter]https://x.com/wusa9/status/1813197394957205535[/twitter]

He has also expressed a desire to shut agencies like the EPA.

I do not think he will shut any agencies completely, and I don't think he could hit the 100k number, but if he partially closes any agency or if he gets even 20 percent of his goal for moving jobs out of DC, it will be noticeable in the market. Those figures also don't count jobs that he will want to flat out cut.

If you're looking at this from an investment standpoint, it means big opportunities in the places he ships the jobs to, but a downtick here. I'm not heavily invested in the DMV so I don't give a damn, and I think he will be good [b]in general[/b] and on a [b]national level[/b] for real estate investing, but why is everyone ignoring his stated intentions for DC?[/quote]

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