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If all the new places being built are high end, and the vacancy rate on them is very low, than what does that say. It means there's enough people with enough money to occupy them. Just building more isn't going to do anything to about that. You would have to build more really crappy units that nobody in their right mind would pay the inflated prices for, no matter how close it is to the metro. Then the people with money would go elsewhere, leaving those units affordable. Personally, I don't see the fuss about SS, and paying rent comparable to close in DC. But hey, to each his own.

by Nickyp on Jan 28, 2013 1:03 pm • linkreport

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