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Found 2 blog entries tagged as "housing".

DC, like most urban areas, has always been an expensive place to live. But how much does it actually cost to live here?

The Center for Housing Policy recently released a report on the affordability (or lack thereof) of housing in the District. According to the report, a salary of $47,640 is required to rent a one-bedroom apartment at fair market pricing in the Washington Metropolitan area. That prices firefighters ($45,765 annual salary), child care workers ($30,522), and wait staff ($25,254) out of the one-bedroom housing market. Salary requirements jump to $56,480 for a two-bedroom unit, which is above the incomes of police officers ($54,755), legal secretaries ($53,839), and electrical engineering technicians ($53,254).

Owning a home in the DC…

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Real estate near the World Bank in downtown Washington D.C. in the heart of the Foggy Bottom area offer a range of property selections and rental opportunities. Foggy Bottom, defined by Pennsylvania Avenue on the north and Constitution Avenue on the south, borders the Potomac.

Here, house hunters looking for real estate near the World Bank can find properties like a $215,000, 500-square-foot studio on 21st Street NW or a $229,000, 447-square-foot studio on I Street NW or a $255,000, 825-square-foot, 1BR apartment on Virginia Avenue NW, according to Rock Creek Realty listings.

The World Bank, located at 1818 H Street, provides loans to developing countries in an effort to reduce poverty worldwide.  Many of its roughly 6,000 D.C.-based employees find…

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