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Real Estate
Reply to "Is it really worth it to pay a premium for a house in a top school pyramid?"
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[quote=Anonymous][quote=Anonymous]How do you know the elite real estate sections of Va and MD will remain high-priced, low-crime, and free of foreclosures? The sequester may be the first prick in the enormous and unprecedented DMV real estate bubble. Here's a recent jobs quote from on the sequester: "Oh and the housing market that will be impacted, that should be on the top of people's mind. It has been all rainbows and unicorns with housing. Prices are sky high, people are sitting on huge mortgages. If they lose their jobs and it is happening to a lot of other people trying to fire-sell their homes-that will make it nearly impossible to get out from under a suffocating mortgage. Who are those people? Oh yea, everyone inside the beltway and everyone 10 miles outside of the beltway. " Buyers beware.[/quote] Hilarious.[/quote]
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