patrick.net

LOL

This is actually very amusing.

One house hunter in the Boston area told the Boston Globe this year that the desperate buyers reminded him of “people trying to get on the last lifeboat on the Titanic.”

The foreclosure moratorium has helped prop up prices in the District by keeping foreclosures off the market, said George Rothman, president of the nonprofit housing developer Manna. It has also made it harder for organizations such as Manna to find properties to rehab and sell to lower-income buyers.

Some of the article commentary is interesting too:

I find this very interesting. My daughter lives in this neighborhood. She too would buy a house here.......
But the crime is really bad, tons of muggings etc.......The bars and restaurants on H ST. just give robbers somewhere to go after dark to mug people on the way back to their car.

The people living here and buying the expensive, ugly, run down houses are mostly overpaid government workers and contractors, lobbyists and lawyers. I live in DC, downtown in fact, and I am totally surrounded by them. Colossal dullards, most of them, and homely to boot.

No one has mentioned the awful DC public schools yet. Are most of the in-town posters dinks, or perhaps single gentlemen living alone in a rental flat? (not that there's anything wrong with that)