Home Prices Highest Point in History for D.C. as Liberals Cry 'Austerity'

John Ransom
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Posted: Apr 15, 2013 12:01 AM
Home Prices Highest Point in History for D.C. as Liberals Cry 'Austerity'

Amidst the rejoicing that “only” 346,000 “seasonally adjusted” people filed for unemployment benefits last week- that’s 353, 973 actual people without the seasonal adjustment- the government admits that in the latest weekly jobs report that fewer federal workers filed for unemployment claims this year than last.

The Department of Big Labor says that in 2012, during the same weekly period as reported this week, 1,159 federal employees filed for unemployment claims while this year only 1,139 federal employees filed for claims.

That’s some sequester, huh.

In fact, the Department of Big Labor admits that the number of regular federal employees covered under all unemployment benefit programs is 3,277 fewer people this year than last.  In all of March of 2013 the Department of Unionized Labor reported that 151 fewer federal employees filed initial claims for unemployment than in the similar reporting period in 2012.

The figures don’t include military service members.

And please note: No seasonally adjusted federal employees were used in making these calculations. While the rest of us get seasonally adjusted to make 7,973 of us disappear off the unemployment rolls, federal government employees are counted in their entirety.

I guess us normal people only figure out at 346/354ths of a person. That’s 173/177ths of a person for you math fanatics who insist on reducing fractions. 

God bless those people in the Big White House, who most certainly aren’t math fanatics.

And they say that conservatives want to put people on a plantation?

Welcome to Plantation Obamawood.

Perhaps this math helps explain why housing prices in the Washington, D.C. metro area are reaching ALL TIME record highs.

“The median price of a home in the District reached its highest point in history last month,” says the Washington Post, “according to the latest data from RealEstate Business Intelligence, a subsidiary of MRIS.”

HIGHEST POINT IN HISTORY for D.C. We are all so surprised too that the government that’s spending the HIGHEST AMOUNT in HISTORY is supporting the HIGHEST REAL ESTATE PRICES EVEH for the metro area it Occupies. 

I know, I know. You’re dying to find out just how high that median price is for the players in Lifestyles of the Rich and Federal.

But first, let me provide some context.

According to YCharts, the median home price in the United States for the period ending February 2013 was $173,600. The median household income across the nation, according to data supplied by the state of Iowa is $50,054.   

Meanwhile “D.C.’s median sale price soared to $460,000 from $405,000 in March 2012,” says the Washington Post, “an increase of 13.6 percent year over year.”

So now you know why all the hysteria from liberals came spewing forth from froth and foam regarding sequester.

They had to protect their home prices.

Big Real Estate in D.C. is intimately related to Big Government.

Big Government should more rightly be known as Big Giverment; you work, they give.  

Because a D.C. home isn’t the only thing that you and I can’t afford as 346/354ths of a person in this Republic.

When it comes to income, we’re even less of a person.

At the end of February, the 2013 Car Affordability Study by Interest.com found that the median income in the Washington, D.C. metro area was $86,680 a year. Income-wise that means that we are only 25027/43340th of a person compared to our federal betters.

This from CNBC:

“You may find it more difficult to stretch the household budget than you expected according to a new study [from Interest.com] that finds median-income families in only one major U.S. city actually can afford the typical new vehicle.”

That city? Bingo!

Washington, D.C.

Right on time- cough, hack- now a new budget comes from Obama.

But don’t bet on a car or home for you in that budget, seasonally adjusted or otherwise. 

It's not in the budget, it's just in D.C.