And where would I find this magical condo under 200K, given that my job is tied to DC? |
Because they aren’t paying for enough or should shut down? Just like all the other industries did when salaries couldn’t match the labor pool? |
The free market for other people, but central planning for yourself. |
I seriously question whether condos are good investments at all, at any price range. I likewise question the notion that condos are the means for middle income taxpayers to grow their wealth. And, certainly, the small condos that are being developed will never increase much in value. |
They should stay with their parents and relatives. It's called Multi-Generational Joint Families.
Like other parts of the world. |
I question a system in which any type of housing is the means for middle income people to grow their wealth. It distorts the housing market. It even distorts people's use of their own homes. |
Go live in Baltimore. There are many, maaaaany homes and apartments in Baltimore under $200k. Take the MARC down like many people do. You just make tons of excuses for why you don't buy. The problem is that you feel entitled to live in downtown DC (one of the priciest markets in the country) even though there are alternatives available, although they may not be your first choice. So much entitlement mentality. |
I looooove renting my properties to those poor, poor millennials. :) |
Asking people that work in DC to go live in Baltimore is the absolute most NIMBY thing you can say
You already got yours in the DC area and now zoning has to stay frozen in amber so you can have a detached SFH close to metro. Ridiculous. |
OP will have that regardless of zoning changes (unless they decide to sell). What OP wants is their neighborhood to stay frozen in amber. Which is pretty entitled, given that OP doesn't own their neighborhood. |
Except many people do it everyday. Keep whining. |
What developers want are greater profit margins than currently available, so they push for changes to zoning for them to buy & build in neighborhoods that are not theirs at all. Which is why they seek a YIMBY to shill for them. On an anonymous forum, though, they don't even need to do that. They can just claim they are the YIMBY in the first place, as nobody could prove them false. |
No, it's not. They live 10+ to a home because they aren't authorized to work here and make low pay. If poor Americans aren't entitled to own a home, we certainly shouldn't make provisions for people who arent allowed to be here. |
The fact that people do it today does not mean it’s an optimal outcome!!! The welfare of those that have to commute from Baltimore to DC would greatly increase from reduced travel time and lower rent burden and your welfare would not decrease. You can still keep your detached SFH in your lot with an upzoning. And you do not own the neighborhood. You can always buy all of AU Park if you so choose and not develop it further. |
Oh, the irony. |