News

A lawsuit won’t begin to solve the lack of affordable housing in D.C.

Posted on

Hardly a week goes by that you don’t read or hear about affordable housing challenges afflicting American cities in general and the District in particular. What are the causes of this persistent, seemingly intractable problem? Three interrelated, real-world forces have led to decreasing availability of housing for moderate- and low-income households: rising costs of land and construction; increasing costs of owning or renting a place to live; and diminishing sources of financial subsidies for creating below-market rate dwellings. In high-cost Washington, gainfully employed, above-minimum-wage public and private-sector workers would be in the moderate-income category, while minimum-wage, hourly workers would be in the low-income category.”

« Back to News