#2,754 - Washington DC housing market plummets as DOGE lays off thousands of federal workers

Home prices in Washington, DC, have plummeted since the Trump administration and the Department of Government Efficiency began discussing layoffs.Since Donald Trump took office, Elon Musk's Department of Government Efficiency (DOGE) has fired thousands of federal workers in a push to reduce spending.In the wake of those layoffs, droves of former federal employees have packed up their bags and put their homes on the market, causing the average listing price to sink, The Kobeissi Letter (TKL) reported.