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To: thinking4me
It's not the amazing performance of the Washington Nationals (formerly the Montreal Expos) that is driving up home prices in and around the nation's capital. It's increases in federal spending, which support a strong job market. The median home price in Washington, D.C., and the nearby Maryland and Virginia suburbs jumped 23% over the past year, to $369,000. Even a modest decline in government outlays could tip the housing market on its side.

In that case, the proximate causes of property-value loss will be esthetic blight (from the feces and urine dropped onto the houses by the pigs flying overhead), the need to redo the ductwork (to tailor the air conditioning and heating to fit a sun that rises in the west and sets in the east), and a glut of new real estate coming onto the market (after local Catholic churches close up shop in response to His Holiness' conversion to Paganism).

It may, however, be somewhat offset by housing demand from imps and demons in search of new abodes (after fleeing from the ice and snow blanketing their old digs).

25 posted on 07/21/2005 9:04:25 AM PDT by steve-b (A desire not to butt into other people's business is eighty percent of all human wisdom)
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To: steve-b

That was a funny post.


28 posted on 07/21/2005 10:11:46 AM PDT by CollegeRepublican
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