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31 sats \ 9 replies \ @dontforgetthekeys 8 Aug \ parent \ on: Bitcoin Facing Selling Pressure From New Whales as BTC Hovers at $57,000 bitcoin
left dc a couple of years ago, after a decade in the NW. it's was insane to see prices jump during my time there. you can thank all the construction companies destroying beautiful homes with great bones to build cookie cutter small/lame ass condos to maximize profits.
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true. smaller cities are having their moment.
i'm very interested in seeing how real estate plays out over the next 2 years.
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I’ve been hearing people say this every year for the last two decades
I am curious to see where real estate prices land in the next two years.
In the last 25 years there has been one bear market in real estate, residential: 2008 to 2012
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well we got commercial real estate blowing up in all big cities and interest rates coming down for residential. the dumbing has started, big dump next year, then we see what's what.
maybe the 2 year pattern is just based on how long people perceive the changes take in real estate. for me it's a 8-10 year cycle.
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With a bigger population
Some cities like St. Louis and Baltimore are losing people
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I lived in Navy Yard the last 3 almost 4 years so I have seen it change from the warehouse district place and empty lots to parks and apartment buildings. To me they seem to have done a pretty good job fixing it up since it was a pretty bad area and wasn't utilized before.
NW and NE seem to be the wild west these days. So many shootings
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DC population is increasing?
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It did but it looks like it is slowing down again. There was a shortage of places to live because when they knocked down homes for apartments those apartments all got caught up in COVID and were delayed years. DC was one of the last places to lift their mask mandate.... it was awful
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The mayor and the city council are awful
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