[Aerial view of buildings housing USA Today and Gannett Corporate]I mentioned higher salaries at McLean, Va., home to USA Today and Corporate offices -- and fears that another downsizing could cast employees into a brutal job market. Now, The Washington Post is stoking worries in suburban Virginia even more: The paper says the regional slump in home prices "is deepening and spreading," according to a new data analysis showing for the first time that every local county saw a price decrease for a significant period of last year.
Department of Oh, Shit: The current slump is worse in counties far from the Beltway, such as Prince William, where prices fell 13% year over year, and slight in others, such as Arlington, which saw a 2% decrease. Note: McLean is in Fairfax County.
[Image: Google Earth]
I wonder which Gannett Group President paid thousands to play in the most recent PGA golf tournament? I am sure the clerk who loses their job due to cut backs can appreciate the need to play golf. I wonder if the Prez donated their $1000 tee prize to charity????
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