Axios: The epicenter of Amazon's Virginia housing crunch

Axios, July 17, 2019: The epicenter of Amazon’s Virginia housing crunch

Amazon HQ2 in Arlington, Virginia, is just getting started — with a smattering of employees and a new campus construction — but the surrounding housing market is already experiencing a boom in anticipation of the new demand.

As housing prices climb and inventory drops, experts predict lower-income residents will be priced out of their neighborhoods, just as they were in Amazon’s Seattle. In Virginia, one of the most vulnerable pockets is the Latinx community in Arlandria — just two miles from HQ2.

There are plans to add affordable housing units in northern Virginia, but those homes will be priced for households earning around 60% of the median income. That would leave out almost all Latinx families in Arlandria, researchers wrote.

In a new report by Tenants and Workers United and George Washington University, provided first to Axios, researchers surveyed a sample of 285 Arlandria families living among the city’s 3,000 moderately priced apartments.

More from NCRC

Start typing and press enter to search