$10 million is a record-breaking donation in terms of size, but it’s 0.1% of $10B. I think Bezos spends money “intuitively.”
Just last week, Google pulled out of the running for the Pentagon’s $10 billion, 10-year JEDI cloud contract, but Bezos suggested that he was happy to take the government’s money.
DC is cold. If you buy a single family house and you had a vacancy in the coldest month in the winter. Will the water pipe be frozen and burst if the heater is not on?
There’s a lot of winter risk to buy in cold places.
Crystal city condos are already over priced and it’s not worth it.
Plus, DC metro is big and good jobs are plentiful. Would 2000 new amazon employees make a dent?
I checked case shiller index. DC area appreciation since 2008 is only 10% over 10 years. With Trump always look for opportunities to reduce federal government size, I’m not interested in Virginia, Maryland and DC. Texas has been a much better bet in the last 10 years.
For most of the country, housing price is very slow, many is slower than inflation. Landlords are just providing a housing service with pretty low returns.
If every housing market is like Phoenix, there will be no landlord.
Well, DC is not the worst. NYC housing price only increased 5%. I’m curious how Trump can make money in NYC. You have to be a developer to make money in NYC real estate.
Stocks price has more than doubled but NYC home price is flat in the last 10 years.