Covid-19 Kindled Washington, D.C.’s Luxury Market. The New Administration Could Make it Even Hotter.
The pandemic lit a fire under the city’s high-end home market. Real-estate agents say it could become even more competitive, as President Biden appointees descend on the U.S. capital By Katherine Clarke |
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Cesar Olivares
Cesar Olivares
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For many years, Michael Stock said he never considered selling his handsome Beaux-Arts Revival-style home on Washington, D.C.’s prestigious Embassy Row not even when representatives from a nearby embassy stopped by with a case of wine and an unsolicited bid of interest.
Then the pandemic happened, sending the local luxury real-estate market on an unstoppable hot streak. The rise in prices, combined with the promise of fresh demand spurred by an incoming presidential administration, proved too good to pass up: Mr. Stock listed his home, which he bought in 2008 and spent years restoring,
California State Attorney Xavier Becerra leads the State’s lawsuit.
On Monday, Commerce Secretary Wilbur Ross announced that all 2020 Population Census forms will include a question regarding the citizenship of participants, as requested by the U.S. Justice Department.
The reinstatement of the citizenship question, according to the Department of Commerce, which manages the U.S. Census Bureau, is to enforce Section 2 of the Voting Rights Act and collect data on how many eligible voters there are in the U.S.
Since the announcement was made, elected officials across the United States have expressed their opposition to the plan to include inquiries into the citizenship of participants, arguing that such a question can cause immigrants to not answer the census form due to the current political climate which has propelled anti-immigrant rhetoric into the mainstream.
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