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Reply to "Found a City Center bargain"
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[quote=Anonymous]The place makes 0 sense to buy. The PITI on that is almost 5k. You can rent a 1br for half that price in a nice (nicer than Chinatown with its increasing crime, as someone else said Chanel was just robbed again) area.. DC really needs to do a better job in tackling crime. They need to increase penalties, and not let the criminals out while they are awaiting trial. For example let's take a look at car jacking or car breakins, some countries (back in the day) had problems with that but they implented stringent punishments (think 20-30 year minimum jail sentence for breaking into or stealing a car) and the problem pretty much disappeared overnight. No one wants to go to jail for 30 years just for stealing (risk/reward makes no sense). [/quote]
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