George M. Middius wrote:

Nexus 6 said:


If things are so bad, why has the value of my home gone
up 50% this year?

'Cause you live in the DC area?

Real estate in the burbs there bears no relation to the rest
of the country.


The contention is that it bears as strong a relation to the economy as
any other locale.

One with which I disagree.

Times apst, the DC area has been largely shielded from real
estate troubles, with the popping of a local and artificial
bubble excepted.

The brief hiring frenzy the fed went on may have contributed
to it, plus the never ending arrival of corporations hungry
for giveaways.


Prices in Manhattan are skyrocketing too.

Er, didn't they drop considerably a while back?

Nexus 6