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Marble Fortress Cracked: Falling DC Rents

By John Bailo   2013 Jan 15, 9:19pm   588 views   2 comments   watch (0)   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

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1   zzyzzx   571/571 = 100% civil   2013 Jan 15, 10:50pm  ↑ like   ↓ dislike (1)   quote    

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

2   fedwatcher     2013 Jan 17, 1:14pm  ↑ like   ↓ dislike   quote    

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

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