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Marble Fortress Cracked: Falling DC Rents

By John Bailo   Follow   Wed, 16 Jan 2013, 5:19am   285 views   2 comments
In Kent WA 98030   Watch (0)   Share   Quote   Permalink   Like (1)   Dislike (1)  

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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1. zzyzzx Follow Befriend (9) 434 threads 4,247 comments Baltimore, MD

   1   6:50am Wed 16 Jan 2013   Share   Quote   Permalink   Like   Dislike (1)   But but but according to the e Washington Post, there middle of a real estate boom in DC.

2. fedwatcher Follow Befriend 120 comments Sunnyvale, CA

   2   9:14pm Thu 17 Jan 2013   Share   Quote   Permalink   Like   Dislike   This is big because Congress is likely to pick up on this.