Investors Steering Clear Of Maryland Suburbs Due To Regulatory Concerns
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Anonymous
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https://www.bisnow.com/washington-dc/news/multifamily/capital-steering-clear-of-maryland-suburbs-amid-regulatory-restrictions-132254
Definitely part of a concerning trend. The most striking quote imho is the following: Between October 2024 and August 2025, Montgomery County permitted 54 multifamily units — those in buildings with five or more dwellings — and Prince George’s permitted 233, according to census data compiled by Montgomery County Planning. Meanwhile, Fairfax County permitted 2,022 units during that time, while the District permitted 1,764 and Arlington permitted 1,508. |
Anonymous
Yes. MoCo’s future doesn’t look bright. |
Anonymous
| Why is this a bad thing? I would have preferred zero additional multi family units approved in our county. Packing the most amount of people possible into an area is a recipe for lowered standard of living for all. Go to the cities if you want to live on top of each other! |
Anonymous
| This is great news. MoCo is dense enough as is. Enough with just letting developers do whatever they want. |
Anonymous
| Bravo! Traffic is awful, schools are crowded, and we have tons of multifamily housing already. "Investors" makes them sound benign; they're greedy developers who will pave and build over every inch of land regardless of consequences if you let them. |
Anonymous
Well, something is going right. Maybe if they worked harder at having proper zoning instead of forcing through whatever it they are trying to accomplish with the corridor plans and thrice people would be more confident in investing in the county. This unplanned build whatever anywhere maybe confusing multilayered BS isn’t exactly the solid plan that will attract investors. How much time and money have they wasted on the corridor plans? On thrive? |
Anonymous
| Agreed with PP, I would rather have 0 new multi family buildings. |
Anonymous
| I'm beginning to think there's a bot or someone in Nigeria that just makes a daily thread with a negative story about MoCo. Because an actual human living in this area would not think that allowing endless development of multifamily housing is a good thing. |
Anonymous
Personally, I agree. However, there is a large contingent in the County that is concerned about the lack of affordable housing. As long as the supply of housing is constrained, the affordability problem will remain. |
Anonymous
Are they, though? I think that it’s pretty well established that this type of upzoning has way more downside than upside. It’s silly trickle down economics and it doesn’t work here any more than it works in other parts of the economy. The YIMBYs are trying to sell some 15 minute city BS by couching it as affordable housing, but it’s really just enabling white nerds to ride their bikes around and pretend that they live in Amsterdam or something. I mean, of course some fools will buy into it thinking that it creates affordable housing, and those are the idiots you’ll hear parroting the IT’S ECOMONCS 101!!1!1!1 line, like they just walked out of a Joe Rogan University freshman course. https://www.planningreport.com/2025/07/25/storper-et-al-yes-yimby-ism-profoundly-conservative-and-wrong-housing-policy https://www.citywatchla.com/planning-watch-la/27643-what-a-critique-of-yimby-economics-gets-right-and-wrong?utm_source=chatgpt.com https://legal-planet.org/2023/04/11/does-upzoning-reduce-housing-prices/ https://www.villagepreservation.org/2021/10/24/facts-and-data-continue-to-contradict-upzoning-argument/ |
Anonymous
No, we just think mandating single family zoning everywhere hurts most people and affordability. And there is evidence that it does. It literally is nothing like trickle down economics lol. When will you people get over your fear of a couple apartment buildings? Jesus, get a life. |
Anonymous
| There are lots of perfectly nice condos in MoCo starting around $100K, townhouses around $300K, and houses around $500K. All of these are affordable based on incomes in this area. Every day, people are buying these properties to raise their families rather than whining about affordability and waiting for the government to give them a handout. Yet people want to raze this affordable housing to make room for new construction which will be much more expensive. It's stupid, and I'm glad that MoCo isn't falling for the developer propaganda that is pushing this nonsense. |
Anonymous
| It’s not “Maryland Suburbs” it’s Montgomery County. And it’s not “regulatory concerns” it’s rent control. |
Anonymous
Prince George’s also has rent control. Rents are falling, vacancy is increasing, and a bunch of units are still under construction. No one in their right mind would start a project right now. It’s a great time to try to make a political point about a regulation you don’t like but even if MoCo repealed rent control tomorrow no one would build because the market can’t support more units. One positive is that some builders have flipped from building apartments to building townhouses, so more people will be able to own. |
Anonymous
It has nothing to do with the new law limiting rent increases. That law exempts new/recent construction. |