Amazon and Local Real Estate — “Amazon has yet to break ground in Northern Virginia for its second headquarters, but residents are already turning away persistent speculators, recalculating budgets for down payments on homes and fighting rent increases.” [New York Times]
Low Young Adult Home Ownership — “Arlington ties with Richmond for the lowest home-ownership rate among young adults in the commonwealth, according to a new analysis… only 16 percent of young adults living in Arlington were homeowners – perhaps not surprising given the cost of real estate in the county.” [InsideNova]