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Marble Fortress Cracked: Falling DC Rents


By John Bailo   Follow   Tue, 15 Jan 2013, 9:19pm PST   377 views   2 comments
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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

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

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

fedwatcher   Thu, 17 Jan 2013, 1:14pm PST   Share   Quote   Permalink   Like   Dislike     Comment 2

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

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