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Metropolitan DC Local Politics
Reply to "We need homes. A lot of homes. Not just affordable, but also middle-income homes."
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[quote=Anonymous][quote=Anonymous]DC to Ward 3 residents: you're all a bunch of racists for not having enough affordable housing in your neighborhoods. Meanwhile, in the increasingly wealthy and white Navy Yard, the city is trying to let a developer build a giant condo building with exactly zero affordable units: https://dc.urbanturf.com/articles/blog/wc-smith-pitches-residential-development-proposed-at-695-and-south-capitol-/18485#.YO9DjIWmKSY.twitter[/quote] First, BS to your first comment. Second, you need to read the link again. It is titled "WC Smith Pitches." Nothing in the article itself says the City has agreed to anything. Perhaps, it will have some affordable units. But a simple basic point is that there will not be enough people to live in high end apartments or condos. DC population is not growing. So, at some point, the market will force rates down.[/quote]
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