Occupancy Rules Keep Occupancy Down

Episode HMFP-1404H

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  • January 27, 2014

    8:00 AM e/p

For Chris Chan, buying a home in Chinatown would allow him to stay close to work in Washington D.C. and also stay connected to his heritage in a neighborhood he grew to love as a renter. After a long search in this expensive city and some tough negotiating, he finally gets a good deal on his dream condo. But surprise lending restrictions on new construction bring everything to a halt. For months, the only thing Chris can do is wait and wonder whether he'll ever get to close on his first place.

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