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DC has benefited from continuously increasing government spending, for sure. But it is not immune to downturns. The last was probably in the early to mid 90's w
by bink 3y ago
DC has benefited from continuously increasing government spending, for sure. But it is not immune to downturns. The last was probably in the early to mid 90's when defense spending dropped (at least for certain industries). I've warned friends there who were investing in residential real estate for years that it could happen again, but at this point I sound like Chicken Little.
- gaws 3y ago> DC has benefited from continuously increasing government spending, for sure. What government spending?