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Reply to "Summer of 1999"
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[quote=Anonymous][quote=Anonymous]My 23 yo pays $1500 as half of the rent on an apt. on the exact same street where I paid $410 in 1993. [/quote] DC was an incredibly different place ‘90-‘93: crack kingpins, I witnessed a woman being beaten on Logan Cirlcle by a man with a pipe as I was driving back from Union Station, a Cap Hill staffer shot to death going to the corner for a coffee on a Saturday night, a Georgetown student shot riding his bike on O Street. Marion Barry smoking crack. Plus the recession decimated the job market for kids just out of college, law and business school. The rental market and housing market were much softer as well. Real estate development was non-existent and existing apt bldgs and row houses were not renovated (old plumbing and electric, no a/c). It’s no surprise that street went through one if not two renaissances over the past three decades. [/quote]
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