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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