That's not even a "broader trend". Population growth rate has been in secular since 2013. https://www.dcpolicycenter.org/publications/births-in-migration-maintain-district-population-growth/ |
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I have friends in NYC who said it was very depressing to live there during the pandemic.
I feel like living in DC has proven to me how great this city is. DC has the nation's best park scores: https://www.washingtonpost.com/local/dc-has-the-nations-best-park-system-study-says-arlington-isnt-far-behind/2019/05/21/ecbd528c-7b1f-11e9-a3dd-d481bcdabfe6_story.html Which my family took full advantage of during COVID. That alone is huge. Our architecture (adjoining row houses with neighboring porches) makes it much easier to talk to your neighbors. We got to know many more people who live near us during the pandemic. As a city, DC has done well in this pandemic. Predictably, some areas downtown with few residents and high concentration of office workers are still a bit empty. Not surprising given how dominant an employer the Federal Government is and how few members of that workforce have been called back. But that real estate will never be worthless. It's a ten minute cab ride from Capitol Hill. A place that will never change its address. I'm fairly confident that's worth something. |
No, my point is that well-reported or not, it's not a hard news story and I'm not going to rush my $1.7 million row home to market in a panic because of it. And, yes, I read the article. I hope the guy who moved to Florida and has a view of the ocean enjoys his Trumpian paradise. |
I'm not gonna read that whole article, sorry. But glancing at it, I don't see how it supports your claim. |
Not that long ago there was a Filene's Basement in Metro Center. So it's always been worth at least enough to sustain discount clothes retailing. |
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Not sure if you read that chart you posted, but it shows that DC's population growth has slowed but the city is still growing. Did you misunderstand it? Do you need one of us with a degree in policy analysis to walk you through it? |
I honestly think the risk from here is contagion effect. If people think that everyone is leaving it encourages more people to leave. |
People who live here don't think that, though. They have more data points. |
Ok. I see growth, not decline. Slower growth in more recent years, to be sure, but no decline until the pandemic. And there's no broader context. How does DC compare to the rest of the region? The rest of the country? In the last decade DC's population grew at twice the rate of the national average, so it has room to give. |
Oh my god. If you read what I wrote, I said explicitly that growth rates are in decline which is what that chart shows you. These rates are based on census estimates. It turned out once the 2020 census came in that these estimates were too aggressive. Furthermore, data from a variety of sources, including as reported in the article (if you read it) USPS moving requests show that net population declined in 2020. |
Actually, you said population growth rate has been secular since 2013. Which is not a synonym of decline. It's also nonsensical in this context. Regardless, if the city is still growing (and your chart shows it growing more than the Washington region as a whole) other than during what is clearly an anomalous time (COVID pandemic) then, I'm fine with the growth rate slowing. It doesn't mean the city is in decline. |
| The underlying issue is that office and hotel uses took a huge hit during covid, and that is what makes up downtown DC. We don’t have a huge residential or industrial base like many cities. |
Yes, but the hotel use decline is unlikely to be permanent. And we'll see about the office rates. |
Why are you commenting on something that you clearly have not read and pretending knowledge and expertise on a subject that you are apparently ignorant? It's great that you are a cheerleader, but this is just bizarre and sad.
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