median gross rent increased in Bloomingdale between 2000 and 2014
Click on the link to read the entire Washington Post article.
Inside Mayor Bowser’s effort to make super expensive D.C. affordable again
By Jonathan O'Connell
September 16
Anthony Williams, as mayor of Washington, had a problem. Residents had been fleeing for the suburbs for more than 50 years. By 2000, the District had lost one-third of its population from its peak in the 1940s. Fewer people meant fewer property-tax payers. Every departure meant more money drained from the city budget.
Williams turned to Alice Rivlin, a former top White House budget official, and they formulated an audacious goal: to increase the District’s population by 100,000.
“I thought, well, that’s a nice round number,” Rivlin said. “At some point I went to Tony and said, ‘Well, what do you think of that?’ And he said, ‘Well, it’s a good goal.’ It was no more researched than that.”
Here is a map of DC's median gross rent between 2000 and 2014.
Not surprisingly, median gross rent increased for Bloomingdale > $1500.
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