Gumburcules t1_jad6qld wrote
Reply to comment by CatDisco99 in D.C. Tenants in Rent-Controlled Units Could See as Much as 8.9 Percent Increases by rennbrig
I don't think you understand what a "low vacancy rate" means.
DC's class A vacancy rate is currently 5.7%, meaning 94.3% of class A (i.e. "luxury" apartments) are currently being rented. The national average for residential vacancy is 5.8% so DC is a slightly more competitive market.
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