Reply to Doom loop in cities - Commercial real estate

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[quote=Anonymous][quote=Anonymous]It seems the key to understanding how this affects DC is to know:

- percentage of revenue coming into city from commercial real estate and commuters using metro, buying lunches/coffees, etc

- how DC uses any covid relief and when that dries up

- where DC raises revenue for policing and schools among other services (would these be cut?)

- health of commercial real estate landlords in the city and when leases in the city expire, like is there a wave of them expiring soon?

What other factors are important?  How might this affect DC?  Article below

https://www.washingtonpost.com/business/2023/08/28/commercial-real-estate-economy-urban-doom-loop/[/quote]

DC is depended on the federal government. So it will always have that. The bigger problem with DC is DC’s height limit and three independent entities surrounding or controlling larges parts of the city- Virginia, Maryland and the Federal Government.
Its height limit artificially limits the density in DC. This means DC is trapped with density too low to support the services of a truly urban environment but too much density for a suburban services model to work. Most cities have the support of a state. Instead DC gets no state funding, corporation planning or support from Virginia or Maryland and the Federal government controls and manages large parts of the city.

No other city is like DC. It would be like taking 48 square mile of Boston and separating it from its surrounding neighborhoods and the state of Massachusetts. 
[/quote]

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