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by heymijo 2327 days ago
My understanding is that the Washington D.C. metropolitan area, which includes Alexandria/Arlington is one area in the country that is all but recession proof due to the high number of federal government and associated jobs. Thus loss of tax revenues and reduced property values just aren't a thing in this region.
3 comments

Perhaps if you look at the whole region but this specific area, Crystal City, was devastated by the BRAC[0] program which moved a bunch of government agencies, offices, and their associated contractors out of this area.

[0] https://patch.com/virginia/arlington-va/northern-virginia-co...

The one thing it is not is Federal government Shutdown proof (https://www.washingtonpost.com/local/shutdown-is-an-unwelcom...). Diversification is valuable in itself.
I don’t know... We’re they spared the wrath of the last recession?