Anonymous wrote:Mark my words: contracting will skyrocket and the number of federal government employees will grow over the course of ten years after T leaves office. DC will be back to DC eventually. It always rises and falls.
That said, where are these other cities that are so much cheaper with better job markets? I am from Raleigh, NC and even ten years ago it was much cheaper than here, but now it's pulled even. Many other job centers have too.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Mark my words: contracting will skyrocket and the number of federal government employees will grow over the course of ten years after T leaves office. DC will be back to DC eventually. It always rises and falls.
That said, where are these other cities that are so much cheaper with better job markets? I am from Raleigh, NC and even ten years ago it was much cheaper than here, but now it's pulled even. Many other job centers have too.
I always wonder if people are making apples-to-apples comparisons with statements like this. I just visited some friends in Durham who bought a four bedroom, relatively newer house for about $400K. Their neighborhood seemed nice, safe, and well-located. I am sure there are pricier neighborhoods, but I doubt even the most desirable areas in the RDU would approach DC-area pricing. I just checked Zillow, and it shows lots of three-bedroom new construction houses for $400K in Raleigh.
It's all about location, there as well as here. If you know that area and this one, comparable homes are comparably priced if you factor in commute, proximity to amenities and jobs. Durham is not Raleigh. That's like comparing Largo to Bethesda.
OK, like I said, Zillow shows lots of new construction houses for $400K in Raleigh. Are those crime-ridden slums? To get a $400K new construction house in this region, I think you'd need to drive at least 90 minutes, maybe more. I don't even think you'd find it in Largo.
Raleigh doesn't really have suburbs. They just extended the city limit over and over again. Again, I grew up there and watch the real estate closely. I get that you think you know more about my home town's real estate than I do, but you simply don't.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Mark my words: contracting will skyrocket and the number of federal government employees will grow over the course of ten years after T leaves office. DC will be back to DC eventually. It always rises and falls.
That said, where are these other cities that are so much cheaper with better job markets? I am from Raleigh, NC and even ten years ago it was much cheaper than here, but now it's pulled even. Many other job centers have too.
I always wonder if people are making apples-to-apples comparisons with statements like this. I just visited some friends in Durham who bought a four bedroom, relatively newer house for about $400K. Their neighborhood seemed nice, safe, and well-located. I am sure there are pricier neighborhoods, but I doubt even the most desirable areas in the RDU would approach DC-area pricing. I just checked Zillow, and it shows lots of three-bedroom new construction houses for $400K in Raleigh.
It's all about location, there as well as here. If you know that area and this one, comparable homes are comparably priced if you factor in commute, proximity to amenities and jobs. Durham is not Raleigh. That's like comparing Largo to Bethesda.
OK, like I said, Zillow shows lots of new construction houses for $400K in Raleigh. Are those crime-ridden slums? To get a $400K new construction house in this region, I think you'd need to drive at least 90 minutes, maybe more. I don't even think you'd find it in Largo.
Raleigh doesn't really have suburbs. They just extended the city limit over and over again. Again, I grew up there and watch the real estate closely. I get that you think you know more about my home town's real estate than I do, but you simply don't.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Mark my words: contracting will skyrocket and the number of federal government employees will grow over the course of ten years after T leaves office. DC will be back to DC eventually. It always rises and falls.
That said, where are these other cities that are so much cheaper with better job markets? I am from Raleigh, NC and even ten years ago it was much cheaper than here, but now it's pulled even. Many other job centers have too.
I always wonder if people are making apples-to-apples comparisons with statements like this. I just visited some friends in Durham who bought a four bedroom, relatively newer house for about $400K. Their neighborhood seemed nice, safe, and well-located. I am sure there are pricier neighborhoods, but I doubt even the most desirable areas in the RDU would approach DC-area pricing. I just checked Zillow, and it shows lots of three-bedroom new construction houses for $400K in Raleigh.
It's all about location, there as well as here. If you know that area and this one, comparable homes are comparably priced if you factor in commute, proximity to amenities and jobs. Durham is not Raleigh. That's like comparing Largo to Bethesda.
OK, like I said, Zillow shows lots of new construction houses for $400K in Raleigh. Are those crime-ridden slums? To get a $400K new construction house in this region, I think you'd need to drive at least 90 minutes, maybe more. I don't even think you'd find it in Largo.
Raleigh doesn't really have suburbs. They just extended the city limit over and over again. Again, I grew up there and watch the real estate closely. I get that you think you know more about my home town's real estate than I do, but you simply don't.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Mark my words: contracting will skyrocket and the number of federal government employees will grow over the course of ten years after T leaves office. DC will be back to DC eventually. It always rises and falls.
That said, where are these other cities that are so much cheaper with better job markets? I am from Raleigh, NC and even ten years ago it was much cheaper than here, but now it's pulled even. Many other job centers have too.
I always wonder if people are making apples-to-apples comparisons with statements like this. I just visited some friends in Durham who bought a four bedroom, relatively newer house for about $400K. Their neighborhood seemed nice, safe, and well-located. I am sure there are pricier neighborhoods, but I doubt even the most desirable areas in the RDU would approach DC-area pricing. I just checked Zillow, and it shows lots of three-bedroom new construction houses for $400K in Raleigh.
It's all about location, there as well as here. If you know that area and this one, comparable homes are comparably priced if you factor in commute, proximity to amenities and jobs. Durham is not Raleigh. That's like comparing Largo to Bethesda.
OK, like I said, Zillow shows lots of new construction houses for $400K in Raleigh. Are those crime-ridden slums? To get a $400K new construction house in this region, I think you'd need to drive at least 90 minutes, maybe more. I don't even think you'd find it in Largo.
Anonymous wrote:I think there will be massive layoffs this year. Social Security will run out sooner than you think.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Mark my words: contracting will skyrocket and the number of federal government employees will grow over the course of ten years after T leaves office. DC will be back to DC eventually. It always rises and falls.
That said, where are these other cities that are so much cheaper with better job markets? I am from Raleigh, NC and even ten years ago it was much cheaper than here, but now it's pulled even. Many other job centers have too.
I always wonder if people are making apples-to-apples comparisons with statements like this. I just visited some friends in Durham who bought a four bedroom, relatively newer house for about $400K. Their neighborhood seemed nice, safe, and well-located. I am sure there are pricier neighborhoods, but I doubt even the most desirable areas in the RDU would approach DC-area pricing. I just checked Zillow, and it shows lots of three-bedroom new construction houses for $400K in Raleigh.
It's all about location, there as well as here. If you know that area and this one, comparable homes are comparably priced if you factor in commute, proximity to amenities and jobs. Durham is not Raleigh. That's like comparing Largo to Bethesda.
Anonymous wrote:Anonymous wrote:Mark my words: contracting will skyrocket and the number of federal government employees will grow over the course of ten years after T leaves office. DC will be back to DC eventually. It always rises and falls.
That said, where are these other cities that are so much cheaper with better job markets? I am from Raleigh, NC and even ten years ago it was much cheaper than here, but now it's pulled even. Many other job centers have too.
I always wonder if people are making apples-to-apples comparisons with statements like this. I just visited some friends in Durham who bought a four bedroom, relatively newer house for about $400K. Their neighborhood seemed nice, safe, and well-located. I am sure there are pricier neighborhoods, but I doubt even the most desirable areas in the RDU would approach DC-area pricing. I just checked Zillow, and it shows lots of three-bedroom new construction houses for $400K in Raleigh.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I dont think the average person grasps how significant this is going to be. It's going to be really, really terrible.
https://apnews.com/article/trump-elon-musk-federal-workers-layoffs-d295d4bb2cdd5023c27d9cb03754e81b
https://www.nytimes.com/2025/02/27/us/politics/trump-federal-worker-layoffs.html
https://www.washingtonpost.com/dc-md-va/2025/02/27/federal-workers-fired-dc-economy/
https://www.usatoday.com/story/money/2025/02/20/trump-federal-layoffs-impact-on-washington-dc/79135624007/
They claim the reason for it all is this:
“We’re bloated. We’re sloppy. We have a lot of people that aren’t doing their job.”
They offer no evidence of this. And the crazy part is that it just isn't true. Also in the end it will cost us money, they are not saving anything, and just shifting it to things that actually are grift. So instead of National Parks benefitting everyone, we have a bunch of unneeded and poorly made Tesla Trucks benefitting Musk.
Anonymous wrote:Anonymous wrote:I dont think the average person grasps how significant this is going to be. It's going to be really, really terrible.
https://apnews.com/article/trump-elon-musk-federal-workers-layoffs-d295d4bb2cdd5023c27d9cb03754e81b
https://www.nytimes.com/2025/02/27/us/politics/trump-federal-worker-layoffs.html
https://www.washingtonpost.com/dc-md-va/2025/02/27/federal-workers-fired-dc-economy/
https://www.usatoday.com/story/money/2025/02/20/trump-federal-layoffs-impact-on-washington-dc/79135624007/
Anonymous wrote:Mark my words: contracting will skyrocket and the number of federal government employees will grow over the course of ten years after T leaves office. DC will be back to DC eventually. It always rises and falls.
That said, where are these other cities that are so much cheaper with better job markets? I am from Raleigh, NC and even ten years ago it was much cheaper than here, but now it's pulled even. Many other job centers have too.
Anonymous wrote:I dont think the average person grasps how significant this is going to be. It's going to be really, really terrible.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:DC is headed for a deep, dark recession. The city is predicting 40,000 will lose their jobs from Trump layoffs.
What will deep dark recession in DC look like?
I bet the city will get substantially smaller. People will just leave. Widespread business closures will follow. Get ready for a lot more empty storefronts.
In which areas? Which areas of DC will still be ok?