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Metropolitan DC Local Politics
Reply to "New DC Data re: Risk Factors & Crime "
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[quote=Anonymous]^tenants to MOVE OUT Wish there was an edit button. If middle class tenants move out (and many buildings do become majority voucher fairly quickly) then there is no one to exercise TOPA rights if owners decide to turn the building condo. Every which way the owners are making far more than they could imagine back in 2018 and it is paying tenants who lose. Many of the vouchers are only for a year, not really long enough to stabilize a life, esp re: families who have childcare, etc. Ironically those same people were more able to find rentals before this incarnation of the voucher program drove up rents. Buildings in my neighborhood had been offering several months of free move in special type deals in 2018. Then this was launched. It does tend to put a target on the back of anyone not using a voucher to pay since those rents are less, in many cases, for long time tenants, substantially so. And remember, what triggers a rent increase in DC is turn over of a tenant. So it is WELCOMED by owners of older buildings. And not just slumlords, buildings on Connecticut, Wisconsin, in Palisades, etc. [/quote]
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