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@Michael,

Those Navy Yard townhomes aren't exactly the best example - they do indeed start at 600k in the Capitol Quarter, but remember that that's part of a HOPE VI development with a substantial below-market rate component as well. It's also just one particular project, and it's new construction.

Basically, it's a really small sample size. Hard to draw too many broad conclusions from that.

by Alex B. on Dec 29, 2009 1:34 pm • link • report

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