DC Is Growing On Me...
and since my work will keep me here well into '08 I was considering buying a house as a real estate investment until I read this article in the Washington Post yesterday...
Housing Market Cooling, Data Say: In Washington, Sales Are Down, Inventory Is Up
Now I am a bit more uncertain to say the least. Maybe I should wait until '09 when I get a raise as your new AG! ;)
Housing Market Cooling, Data Say: In Washington, Sales Are Down, Inventory Is Up
Now I am a bit more uncertain to say the least. Maybe I should wait until '09 when I get a raise as your new AG! ;)
posted by Patrick J. Fitzgerald at 11/12/2005
9 Comments:
God, I can't remember the last time I took a bath. Don't get me wrong, I shower daily, but I am tallish, forgetting that I never have time for more than a 5 or 10 minute quicky.
Ok enough of the shagging stuff. Get a townhouse if your going to be in DC that long. But is the case going to be that long or are you setting up shop. I hope your not telling us that these criminals will be part of the next Presidental election. I don't think this country can deal with the crooks, thieves, liars and criminals much longer. This country will go broke and China/Saudis will take over. Fitz get to work and clear out the rats.
As wonderful an AG as you would be, Mr. Fitzgerald, please come back to Chicago. We need you! We have crime (white- AND blue-collar), graft, lying, cheating ... all those things you love to hate.
And don't forget this, Mr. Fitzgerald: WE have Wrigley Field.
Hurry home.
I would suggest that you buy a townhouse. I don't think that you need a house since you are at your office alot. It is a great investment. That's my 2 cents. As far as the position of AG, I think that you would great at thst position but we first have to clean the backyard of the White House. As far as Chicago, if you missed the White Sox so much, get Tivo!
This is continuation of my message on 6:53 pm. You may want to look at a townhouse or condo in Prince George county. The prices of the housing is lass expensive than the other counties according to the article on Washington Post. If you choose a townhouse, condo, or a PUD, look at the amount of HOA that you will be paying. Avoid the HOA for pool, spa, tennis court etc. I don't think that you may be using those amentities. If you are waiting for the big raise as a AG, then consider the other expensive counties of your choosing...
I say wait until next year for some price reductions as the rats begin to leave the sinking ship. Then, in '09, new gang, new job - hope hope - and voila, ya got equity!
Bubble bubble toil and trouble....
No need to buy an expensive house, Pat. If you were scrupulous like me, you would park yourself at an Arlington Moto-Lodge.
Sam
I heard one analyst say it was a great time to rent - and not a good time to buy.
Looking at this economy, she made a lot of sense.
Nuking the Economy
By PAUL CRAIG ROBERTS
http://www.counterpunch.com/
roberts02112006.html
The way you describe everything in your post is amazing. I am going to share it with all of thise persons that are interested in portion for rent.
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