Re:Housing in the Bay Area
by timr on Thursday May 26, 2016 @02:06AM
(#11775896)
Uh, DC has had significant rent (and home price) increases in the past decade. Not as bad as here, but it's definitely not correct to claim that they've built their way out of a housing crisis.
In fact, when you look around, you see similar trends nationwide. A lot of this is just the predictable consequence of our near-zero interest rate policy since 2009.
In fact, when you look around, you see similar trends nationwide. A lot of this is just the predictable consequence of our near-zero interest rate policy since 2009.
https://www.washingtonpost.com/news/local/wp/2015/03/12/medi...
https://www.rentjungle.com/average-rent-in-washington-rent-t...