Reply to Shooting at Brandywine & Connecticut Ave NW This Afternoon

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[quote=Anonymous]Do people honestly believe that trends will not impact their own property values not to mention the tax base and quality of life in the city overall?

https://www.wusa9.com/article/news/local/dc/dc-is-the-most-undesirable-us-city-survey-says/65-08ba43d4-4e68-418d-9bd6-0ccfcfd8dc40

Before when DC had very high crime it was CHEAP and I did not have kids. The combo of high crime and high cost of living with remote work is not auspicious for DC. And that CRE crash has not been fully felt.

One thing that has not been mentioned, before the voucher roll out up Connecticut, rents were dropping, some of the not yet problem buildings had signs offering 3 months free rent, etc. Vouchers have not only been a boon to landlords, they have created upward pressure on rents that make it more unaffordable for all. The concerns of those in rent stabilized units  that they will be pushed out somehow for a high value voucher resident IS something that Frumin is purportedly attempting to address legislatively. [/quote]

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