Date of Award
Department of Public Administration
Since 1968, Washington, D.C. has been experiencing conversion of its rental housing stock to condominiums at an accelerated rate. The purpose of this paper is to analyze the fiscal and socioeconomic impact of condominium conversion in the District of Columbia. The principal source of data include primary and secondary statistics and studies compiled and researched by local governmental and private agencies and the Department of Housing and Urban Development. This data provided a basis for comparing the fiscal and socioeconomic impact of condominium conversion in various cities throughout the nation. Nationally, rental housing conversions have not had as significant an impact in other cities as in the District of Columbia. From this study the writer was able to determine that rental housing conversion in the District needs to be controlled until a legal decision is made with regards to what percentage of the total housing stock, as owner and renter occupied, would be desirable and and equitable for District residents. Up until, and even after, this decision is made, neighborhood organizations need to form watchdog type committees to monitor powerful real estate lobbying efforts in an attempt to provide an appropriate stock of affordable housing for all income levels.
Myers, Joel K., "The fiscal and socioeconomic effects of condominium conversion in Washington, D.C." (1982). ETD Collection for AUC Robert W. Woodruff Library. 3734.