Trump’s super-rich cabinet is shaking up DC’s housing market

Washington DC’s housing market is jolted whenever a new president takes office and new members of the administration shop for homes. But the impact was aggravated this time, with the wealthiest president in US history appointing other super-rich people to help run the country. According to the real-estate company Redfin, President Donald Trump’s administration contributed to a 32.6% year-over-year jump in luxury home prices in the area, reversing the trend of falling prices in that segment. […]


Source: Real Estate

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