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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (33195)	6/12/2005 10:28:24 AM
From: Tradelite	Read Replies (1) \| Respond to of 306849

I wouldn't describe DC as being distorted by federal TDY employees these days. Government is hardly the only employment source around here. Over the past, maybe 15, years, the private sector plus a huge international influx has changed the landscape quite a bit. The lowly federal worker is definitely no longer the richest guy in town, and hasn't been for a long time. Thirty years ago, high-ranking military officers owned some of the best houses in my zip code (excluding those owned by famous "old money" names everyone would recognize), then the federal civilian employee was king as the military guys got priced out. Now......it's way more diverse, and a lot more money has come in from names people might or might not recognize, but which seem to have an awful lot of cash. Name any Fortune 500 company, and we probably have their CEOs or VPs living here, plus all the lawyers they bring with them, and the doctors and other service providers they tend to attract. It's a zoo, in which the lowly federal worker gets only a small cage. <<gg>>