Yep. I moved to DC in the 1990s. I knew people who got mugged in Dupont and Foggy Bottom. We were all wary of the city, but going out was cheap and you could rent or buy a place without problem.

Then prices shot up, but at least crime went down. Some people liked the trade off and others hated it, depending a lot on how much money you had.

Expensive and unsafe is a terrible combination, but it won't last long. Either the city fixes the crime problem, or people will leave again and prices will fall.