Part 8/10:
Significantly, Doge’s proposals to streamline government functions and reduce the federal workforce are already having tangible effects, particularly in the Washington, D.C. real estate market, where home prices have plummeted due to anticipated layoffs and government downsizing. This situation reflects a broader economic trend where perceived instability within the federal landscape causes shifts in local markets, particularly among those who may rely on government contracts or employment.
A drastic rise in home listings suggests that many professionals are reassessing their positions within a potentially shrinking market, depicting a scene that parallels the broader shifts in political and social dynamics currently at play.