Why D.C. developers will feel the hit from a shrinking pool of millennials

From The Washington Business Journal: More millennials are leaving Greater Washington than moving in, and that could spell trouble for commercial real estate developers across the region. Those young professionals helped the region avoid oversaturation of new apartments, but the diminishing pool will likely shrink demand for those units, among other potential consequences, according to Greg Leisch,

Economic advice for Prince William: Build high-quality walkable communities

From Inside NOVA: Prince William County leaders may need to re-think the sort of housing developments they’re luring to the area if they truly want to grow the county’s economy, according to a leading researcher on the economics of the Washington, D.C. area. Stephen Fuller, the director of his own economics institute at George Mason

Report: Region’s strong economy expected to continue

From The Frederick News-Post: The Washington region’s economy should continue to expand through at least the first quarter of 2018, on track to record its strongest performance since 2010, according to a report from one of the area’s leading economists. “The performance of the region’s forward-looking indicators continues to suggest stronger growth six to eight

Great Expectations: Why Are Millennials Moving Out Of the Washington Region?

From The Kojo Nnamdi show: After the Great Recession and during the Obama presidency, millennials flocked to the nation’s capital in droves. Symbolically, the district represented change and idealism. Practically, it was also a hub for jobs. Local leaders welcomed them, marketing the city as a hip home where they could start their careers. But

Greater Washington keeps adding jobs — just not the right kinds

From The Washington Business Journal: Greater Washington has a jobs problem. It’s not the overall number of jobs the region continues to add month after month, including 67,600 added on an annual basis in August, it’s that these jobs pay less and contribute less to the economy — and that can cause problems for the