TagDraining the Swamp

By R. Cort Kirkwood House prices in Washington, D.C., and its suburbs — one of the wealthiest areas of the nation — have taken a major hit since President Donald Trump first was elected, then fired 10,000 federal workers and offered buyouts to almost 70,000. According to global capital-market watcher The Kobeissi Letter, since election day, almost 5,000 homes have landed on the market. The median...