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@charlie

You mean that parking minimums and height laws have nothing to do with the increase in rents?

Um, no. Don't confuse affordability (ability to pay) with the actual price. Those things do indeed drive the actual price up.

That a good percentage of Americans have such impaired credit rating that they can't buy?

Well, this gets back to that actual price thing. Lots of people probably have the ability to pay for something, just not what's on the market right now.

And that rents in Washington have nothing to do with the reality this is one of maybe 3 jobs markets in the US that working for people under 35?

I'm assuming this is sarcasm, and you're implying the rents have everything to do with DC's strong jobs market - yes, that's the source of the demand. You don't think supply fits into the equation somewhere?

by Alex B. on May 9, 2012 10:01 am • link • report

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