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"It will be challenging to get people to live in Tysons with higher rents and fewer amenities unless they simply want to live where they work. But with people changing or losing jobs more regularly, that factor is weakened to some extent too."

more regularly? what does that mean? people have changed jobs for years, and continue to do so. We haven't had "lifetime" corporate employment since the 1980s. People still try to live near work. And if there is employment instability, that may advantage Tysons, since its such a large employment center. I agree with TE, the assumption that the proportion of tysons jobs filled by tysons residents will stat small is a very conservative one. i also think that the office market looks much weaker than the residential market going forward. Again TE is right - lets look at the traffic that develops rather than assume the future relationship of sq ft to VMT will be the same as at present.

as for wmata, I'm not sure that they can commit to an operating plan for phase 2 which is still years away.

by AWalkerInTheCity on Jun 26, 2012 11:47 am • linkreport

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