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January 4, 2016 / Ciara Myers, Editor

Why buying a home is out of reach for many millennials in the Greater Washington region

HOUSING 
Despite a continuously growing population and relatively strong economy, one writer explores why it remains so difficult for workers – particularly millennial workers – to afford homeownership in the Greater Washington region. (WaPo, 1/4)

In the Washington region, officials are always lobbying to bring large companies and their workforce to the area — often with great success — leaving us in what seems like a regular housing shortage and subsequently an overwhelmed infrastructure that hasn’t been adequate for our population since the early 1980s.  On top of that, I can rattle off the names of 10 large universities in the area that supply a huge 20-something-year-old population year after year — many of whom stay put after graduation and get apartments.  Oh, I haven’t even mentioned the federal government or the military, which, as everyone knows, is a huge and stable (sans a government shutdown) slice of the workforce.

So that means we need housing — lots of housing. But the influx of new construction has not led to a great rise in the home ownership rate in Washington. So what gives?

VIRGINIA | Alison Silberberg will be sworn in as the new mayor of Alexandria with plans to limit development in the jurisdiction. (WaPo, 1/3)

HEALTHCARE 
– A new primary care office in D.C. aims to offer its patients dietary prescriptions in place of medication to cure what ails them. (WBJ, 12/2015)

Construction projects to dominate Greater Washington health care news in 2016 (WBJ, 12/2015)

ARTS
–  2016  is gearing up to be an exciting year for museums in the city. Check out what’s on the horizon for the new year. (WaPo, 12, 2015)

With millennial philanthropy money flowing, arts groups miss out (Seattle Times, 12, 2015)

WORKFORCE | As we usher in a new year, more than a dozen states will also be ushering in higher minimum wages. Advocates and skeptics alike will be on the lookout for how the changes affect workers. (Atlantic, 1/1)


Though 2015 is long gone, take this quiz to test your knowledge of the year in D.C.

– Ciara

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