Should you rent a home in the D.C. area or buy? A report says its significantly cheaper to buy, but that may be changing with mortgage rates on the rise.
Mayor Vincent Gray has ordered the cancellation of dozens of sales of homes for unpaid tax bills a week after a report detailed how some homeowners were losing properties over relatively small overdue bills.
For several decades now, the D.C. government has sold the debts of homeowners behind on tax bills to private investors, who can then charge sky-high interest rates and fees and pursue forecloses on the properties.
Investors from Abu Dhabi to Norway, Qatar to Korea are buying office buildings and development projects in D.C. We explore what booming foreign investment means for the city.