CityVista: Should You Rent, or Should You Buy?
Blog DC Home and Condo Prices ran an interesting analysis on renting a unit versus buying one at the high-profile CityVista development in the Mount Vernon Triangle neighborhood just north of Penn Quarter. CityVista comprises three buildings, the V, the K, and the L. The K and L are condos, while the V is rentals. DC Home and Condo Prices owner Keith Gibbons noticed ads in the Washington Post for rentals at the V: studios from $1429, one-bedrooms from $1985, and two-bedrooms from $2246. The question is, does it make more financial sense to rent one of the units in the V, or buy one in the K or L?