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Metropolitan DC Local Politics
Reply to "DC had largest percentage drop in population in nation"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Lol oh look a 3% decline during a pandemic and administration change. Anyone making any kind of sweeping conclusion from this is an idiot.[/quote] ANY amount of population drop is bad news for anyone who bought overpriced property in DC the last decade or so. Because they will not see the kind of return on investment they were expecting. [/quote] Sure :roll: In November 2021, Washington, DC home prices were up 6.8% compared to last year, selling for a median price of $728K. On average, homes in Washington, DC sell after 34 days on the market [/quote] Your attitude interests me. You know enough to collect data on real estate which also means that you know enough to understand that there are huge geographic and composition differences in price movement. Outside of the Wharf, condos in central zip codes are not appreciating. Nearly all went down in price in 2020 and some recovered those price drops but others have not. On the other hand, single-family detached homes of 3+ bedrooms have seen the biggest price increases, followed by 3+ bedroom single-family attached row houses. I presume you know all of this and yet here you are with the attitude and attempt to mislead people. I guess my only question is why?[/quote] Oh look it’s all doom and gloom. Oh the price went up but ….you just can’t accept that because of your crazy world view. DC is fine. The housing market is great much better vs area outside the beltway. Why do you care? You do not even live in the city? Just stop with your lies. [/quote] First of all, it’s interesting that you presume to know where I live. Secondly, this retort shows a continued childishness which is what I remarked upon. As you say, “the price went up” to wit I ask you to clarify which price and this is your response. In fact, your posting is so ridiculous that reading DC real estate blogs will provide someone with much better information about the status of the market. Whoever you are and whatever you think you’re doing, just be known that it’s sad to want to both purposefully deny nuance and also to spread misinformation. You may think you are serving some higher objective but you’re really not serving anyone but your own apparent fragile ego that is closely tied to any potential adverse information about this city. [/quote]
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