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DC Renters Want High-End Apartments

Steadfast Demand Offsets Inconsistency in Workforce Housing
CoStar Analytics
March 29, 2023 | 4:44 P.M.

Multifamily developers have added 3,000 luxury apartments in the Washington, D.C., area every quarter for 10 years, banking on the district’s highly educated and well-paid renter class to fill those units. And for 10 straight years, renters stabilized the new units.

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