Your reason exactly tells that DC is not a good place to invest

Remember, nothing goes straight up. Gravity is always there.

Yes, I know DC area has a lot tighter zoning policies. That's not a free market. Like in stock market, we call that stick is manipulated by MM. What happens to manipulated stocks? You see volatilility. Yes, you will see big up moves, but you will also see big down moves.

Let's talk about DC. DC had seen a nice nice moves. but now it is going to correct itself. DC was a place to invest 5-10 years ago, but is one the worst place to invest right now.
You have been talking about DC is a good place to invest for at least a year. If you had put the money where you mouth were, you'd already lost a big time.

I can tell you Great Boston area used to be called recession proof, but the price went down roughly 20-30% already in 2006. We are seeing down trending in NJ as well.

Up and down are always part of cycle. If your history books tell you one place has never appreciated before, well, the next run up for that region may be due pretty soon.

There is nothing wrong with Atlanta. The housing price will go up. In t he next 10 years, it will do much better than DC.

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• You and me are not really talking about the same topic -miat42- ♂ (754 bytes) () 12/17/2007 postreply 11:48:36