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Metropolitan DC Local Politics
Reply to "We need homes. A lot of homes. Not just affordable, but also middle-income homes."
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[quote=Anonymous][quote=Anonymous]D.C. population is now shrinking, and interest rates are going to go up. Housing prices will inevitably fall. We're in a bubble at the moment, but it won't last. [/quote] People underestimate the role of the Fed in housing prices. Once interest rates start to climb, housing prices will fall off a table. People will be shocked at how much less than can afford. [/quote]
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