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Metropolitan DC Local Politics
Reply to "Tony Williams takes DC Govt to task for failing downtown and budget mismanagement"
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[quote=Anonymous][quote=Anonymous]Not seeing the budgetary numbers there - how much of a hole will the CRE drop put in the District budget? I’ll say one thing, a major budgetary hole and corresponding cuts in services are going to lead to residential flight, as city services are already under pressure from crime increases and post-pandemic schooling issues[/quote] From the article: “Sayin predicts the market could lose $6B in value, which would mean the District loses over $100M in revenue, but she said some project the impact to be even greater.”[/quote]
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