Fairfax County General :
Fairfax Underground
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Re: Will Herndon/Manassas Become Detroit Ghost Towns When Trump Deports All the Illegals?
Posted by:
real estate
()
Date: November 20, 2016 11:07PM
Realistically, it will just ease the pressure on the low-end rental market.
Rents won't fall, but they won't rise as quickly.
What would really hollow out the local market is if Trump aggressively downsizes the government, like he's promised. You're going to see a lot of empty "luxury" apartments and condos, then.
A fair amount of what's now condominiums was originally built as rentals in the 60s and 70s. When the market cratered for rentals starting in the late 70s, the owners sold them off and got out.
Re: Will Herndon/Manassas Become Detroit Ghost Towns When Trump Deports All the Illegals?
Posted by:
Depression
()
Date: November 20, 2016 11:43PM
real estate Wrote:
-------------------------------------------------------
> Realistically, it will just ease the pressure on
> the low-end rental market.
>
> Rents won't fall, but they won't rise as quickly.
>
> What would really hollow out the local market is
> if Trump aggressively downsizes the government,
> like he's promised. You're going to see a lot of
> empty "luxury" apartments and condos, then.
>
> A fair amount of what's now condominiums was
> originally built as rentals in the 60s and 70s.
> When the market cratered for rentals starting in
> the late 70s, the owners sold them off and got
> out.
Or if Trump moves all the gov contracting out of NOVA to New York. NOVA relies heavily on gov contracting.
Re: Will Herndon/Manassas Become Detroit Ghost Towns When Trump Deports All the Illegals?
Posted by:
"Deport Them" is all a lie
()
Date: November 29, 2016 11:08AM
Illegal Ghost Towns Wrote:
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> How cheap do you think I can get real estate for
> in Manassas once all the illegals get deported?
You still wouldn't be able to afford it, fail-boy. Just leave the blanket folded up in the back seat. You'll be living there for a long time.
> Or if Trump moves all the gov contracting out of
> NOVA to New York. NOVA relies heavily on gov
> contracting.
Unfortunately that appears to be Trumps strategy bases on all the cabinet appointments from NY people.
Get ready for a Fairfax county depression like the gov shutdown. That means all local businesses can expect losses along with no tips and no construction contracting.
But truth be told we have way too many gov contractors and military people riding off tax dollars.