The District’s twin housing investment crises — Greater Greater Washington
June 30, 2026
By Patrick McAnaney, DC Development Director, Somerset Development Company
Published June 4, 2026 by Greater Greater Washington
As the District’s June 16 Democratic primary election rapidly approaches, the cost of housing has become a top political issue. While there is broad consensus among mayoral candidates that the city needs to build more housing, one challenge has attracted significant media attention: Investors are fleeing the city, and housing construction has ground to a halt. DC is not facing one housing investment crisis, but two. Market-rate development and income-restricted, subsidized (“affordable”) development are both crashing — but not for the same reasons.
Market-rate investment is…
https://ggwash.org/view/103581/the-districts-twin-housing-investment-crises