Marble Fortress Cracked: Falling DC Rents

By John Bailo   follow   Tue, 15 Jan 2013, 9:19pm PST   ↑ Like (1)   ↓ Dislike (1)   469 views   2 comments   Watch (0)   Share   Quote  

Isn't Washington DC supposed to be the one market immune to the housing crises? Maybe not.

DC Rents Are Falling. Are House Prices Next?

But now rents in DC have started softening. While demand has certainly risen--DC has been gaining population for the first time in decades--in normal times, it might easily have been absorbed.

http://www.thedailybeast.com/articles/2013/01/11/dc-rents-are-falling-are-house-prices-next.html

#housing

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zzyzzx   befriend (10)   ignore (6)   Tue, 15 Jan 2013, 10:50pm PST   Like   Dislike (1)     Share   Quote   Comment 1

But but but according to the e Washington Post, there middle of a real estate boom in DC.

fedwatcher   befriend (0)   ignore (1)   Thu, 17 Jan 2013, 1:14pm PST   Like   Dislike     Share   Quote   Comment 2

This is big because Congress is likely to pick up on this.

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