7 of the 10 wealthiest counties in the USA surround Washington DC.
It clear to me - for flyover America to prosper, Washington DC must suffer.
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I looked up our family home from Bethesda 1963 ,,, it sold 4 years ago for $1.9m and is now valued way over $2m ... too bad we moved away in 1967 and LOST money on it ,, selling then for $35k.. The DC area has been out of control hoovering up the nations wealth for the last 40 years.
It's no different than CA. Most young people who were born in CA will never own their own homes there. And if they do, most will be in choking debt for the rest of their lives, just paying these bloated mortgages. Some of the lucky ones who borrowed their lives away, are paying thousands in property taxes every month....lol
That's why in CA, so many foreigners with big $$ have been buying most of the homes, while those born and raised there, are forced to leave the state or head to the deserts, if they ever plan to own a home of their own.
I look forward to the day Washington, DC and Detroit metro areas are equally prosperous.