DC House Prices Slashed As DOGE Targets Federal Workers

Listings in the Washington, D.C. housing market are surging and prices are being slashed, as the efforts of Donald Trump and Elon Musk to shrink the size of the U.S. federal workforce leave employees uncertain about their future.

Newsweek contacted Zillow and John Burns Research and Consulting for comment by email on Monday morning.

Why It Matters

Trump's return to the White House is directly affecting the Washington, D.C, housing market. The president's executive order calling for federal workers to return to the office or lose their job spurred an increase in demand for homes in the city. At the same time, mass layoffs advised by the Musk-led Department of Government Efficiency (DOGE) have left federal workers uncertain about their future and whether they would be needing a home in the area at all.