On October 10, 2018, Andrew Giambrone at Curbed cited the D.C. Policy Center report “2018 State of the Business Report: Towards a More Inclusive Economy“, which was prepared for the D.C. Chamber of Commerce.
“Chief among those disruptive effects, according to the chamber, is the displacement of longtime residents who can no longer afford to reside in the District. Citing U.S. Census Bureau data, the report says that between 2009 and 2016, some 4,300 families who had incomes of less than $35,000 a year left D.C. Meanwhile, more than 10,000 families who had incomes of more than $200,000 a year arrived during that time—accounting for the vast majority of income growth and currently comprising 22 percent of all families in the city.”
Read more at Curbed.