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@oboe - good points re poverty. The folks saying "go to congress heights" are perhaps neglecting the social and racial tensions already created by gentrification in DC. Its like the young people are either damned for being "entitled" and not wanting to move to new transitional areas, OR they are damned for driving the poor and minorities out of the city. Seems unfair to me. It may be that SFH owners in areas desirable for new development dont give a damn about the poor folks EOTR, as long as they dont have to suffer densification in their own nabes.

At those debated the budgets of 20somethings. I think they are neglecting the student loan issue. The real difference between recent years and the old days is not so much the ratio of nominal gross income to rent, as it is the higher debt loads new grads carry these days.

by AWalkerInTheCity on Jan 25, 2012 9:47 am • link • report

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