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Guest 84Saints

No Affordable House in Washington DC

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Guest 84Saints

Washington, DC Metro area faces a shortage of 40,000 units of workforce housing. It found that even families earning over $90,000 per year--in a region with low unemployment and a resilient economy--could not find affordable housing.

 

Businesses can't compete in a global economy without a workforce that can afford to live near them. While countries like China and Brazil are making historic investments in sustainable, green infrastructure, our businesses and entrepreneurs are stuck dealing with traffic congestion that costs them five times as much wasted fuel and time as it did a quarter century ago.

 

And so let me be very clear: at a moment in which we've seen more market failures than at any point since the Great Depression, few have been as catastrophic or had as many economic and environmental consequences as "Drive to Qualify."

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