Housing Values in Washington DC COLLAPSE 36.5% in ONE WEEK

A staggering flood of residential homes being put up for sale in and around Washington, DC has caused an utterly STUNNING effect: Housing values have plummeted 36.5% in ONE WEEK.  The leftists in DC are being utterly, financially crushed by Trump.

With the lightning-fast closure of the United States Agency for International Development (USAID), and the termination of over ten thousand of its employees, plus the pending closure of the US Department of Education, liberal leftists are realizing that not only is their Grant money gravy train done, they can no longer afford their oh-so-pricey homes.

Over the past seven days, from February 8 thru February 14 inclusive, fourteen-thousand Eight-hundred twenty-five (14,825) private homes have been put up for sale in and around Washington, DC.

In the 24 hours ending February 14, a total of five-hundred-sixteen (516) new real estate listings were added to the homes for sale in Washington, DC.

Here is what one online Real Estate website shows as "new" listings of homes in Washington, DC:

Even more startling, the housing market in and around Washington, DC has become so glutted with available homes, that sale prices have had to PLUMMET by an average of thirty-six point five percent (36.5%) in one week.

As a result, even homeowners in the area who still have jobs, are now finding out they are already "upside down" on their mortgages; they now OWE more than their house is worth!

This is necessarily going to trigger local banks to begin "calling-in" those loans, or making "margin-type-calls" to those homeowners, demanding more of a down payment to continue the mortgage.

Hal Turner Personal Opinions:

Keep in mind that when it came to elections, Ninety two percent (92%) of the vote in Washington, DC went to Democrat candidates.

It was the Democrats who stole the US Presidency in 2020 through brazen Ballot Fraud, using phony mail-in ballots to steal the election nationwide, thereby cheating Trump out of re-election.  It was the Democrats who revoked former President Trump's security clearance, DID NOT TELL HIM ABOUT IT, then sent the FBI to raid his Mar-a-Lago estate in Florida to charge him criminally with having his own Presidential copies of Classified Documents.   It was the Democrats who filed felony charges against him in New York over a Civil documents case, whose statute of limitations expired, but was revived by Democrats adding a non-existent FELONY, to revive the statute of limitations.   It was the Democrats that charged Trump criminally in Fulton County, Georgia, claiming discussions he had, while still President, and in the White House, somehow violated GEORGIA laws!

Now look at what's happening to Democrats.   The Grant Money Gravy Train is gone, their jobs are gone, they can't afford their mortgages anymore so they put their houses up for sale, so many of them are selling that they had to cut the sale prices 36.5% in one week, those who still have jobs are now underwater on their mortgages because their houses are no longer worth more than they owe on them and as such, will soon be getting mortgages call-ins which THEY can't afford, they too will have to sell, and when they all default on their mortgages, their personal credit will collapse for years. 

Gee, ain't that a shame.

Couldn't have happened to a nicer bunch of people . . . . .