I was surprised by some of these facts:
DC has some of the lowest rates for outright home ownership. Meaning that most people have mortgages which giving the housing price boom of the early 2000s strikes me as odd. But when you look at the number of houses underwater (potential sale price is lower than current mortgage) you can see that the housing crisis is still an issue in DC.
Intersting news from developer Bozzuto, they are developing 36 vertical car spots in their new building downtown. I am not sure how that works without an attendant…..