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Hmmmm. That's odd. You pick one the lower-income parts of the city to put a casino minutes from MGM National Harbor. That's just wrong on both fronts. What about Georgetown?
Quote:
A group funded by an anonymous corporation registered in Delaware is pushing to legalize gambling in the District, first by creating a site in downtown Anacostia where people could play poker, blackjack and other card games and then by licensing other such facilities throughout the city.
Under the "Limited Gaming Initiative of 2016," which would be placed on the D.C. ballot for voters to approve or reject, three connected properties at the intersection of Martin Luther King, Jr. Avenue and Good Hope Road Southeast in downtown Anacostia would be converted into a 9,000-square-foot "gaming facility" where people could play poker and blackjack. Gambling devices like slot machines would not be permitted.
Its only a matter of time before Anacostia is gentrified and the poor are removed. Urban planners are thinking ahead.
This is also how you make money in Real Estate. Knowing what is happening to DC right now and the limited footprint the city has, plus the housing shortage and high demand for space... its easy to draw a logical conclusion that the poor will eventually be removed from Anacostia in the next 10-30 years.
If I wanted to make money in Real Estate.. I would by homes in Anacostia with the knowledge that they will double or triple in price down the road. But most people cannot see the future.. they can only see today. Which is why most people suck at planning and investing.
Its only a matter of time before Anacostia is gentrified and the poor are removed. Urban planners are thinking ahead.
This is also how you make money in Real Estate. Knowing what is happening to DC right now and the limited footprint the city has, plus the housing shortage and high demand for space... its easy to draw a logical conclusion that the poor will eventually be removed from Anacostia in the next 10-30 years.
If I wanted to make money in Real Estate.. I would by homes in Anacostia with the knowledge that they will double or triple in price down the road. But most people cannot see the future.. they can only see today. Which is why most people suck at planning and investing.
But there is a difference between identifying demographics and patterns in the market place and making educated guesses about where it will lead compared to guessing what random people will do in a few months.
The future of DC is much more predictable than the future of the 2016 election.
Its only a matter of time before Anacostia is gentrified and the poor are removed. Urban planners are thinking ahead.
This is also how you make money in Real Estate. Knowing what is happening to DC right now and the limited footprint the city has, plus the housing shortage and high demand for space... its easy to draw a logical conclusion that the poor will eventually be removed from Anacostia in the next 10-30 years.
If I wanted to make money in Real Estate.. I would by homes in Anacostia with the knowledge that they will double or triple in price down the road. But most people cannot see the future.. they can only see today. Which is why most people suck at planning and investing.
Maybe. Maybe not. There is just as high a likelihood that the DC market will slow down as interest rates rise, and millennials who can no longer afford to buy in more desirable parts of the city will just pick up and move out of the area to smaller, more affordable cities (the trend is already happening).
I believe that DC has seen its fastest growth days behind it. 2000-2015 was a hell of a run.
forget the gentrification aspect why in the almighty hell you going to put gambling on good hope and MLK??????????? anyone whos ACTUALLY BEEN THROUGH anacostia will tell you both of those strips are narrow. Its not built to handle the type of traffic thats going to create.....and its not going to be something solely for gentrifiers alot of locals (many with liquor in their systems) will show up to gamble. They better hire good security.....
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