Let’s be real here. “Public Financing” is effectively a developers subsidy. They get to write $500 checks and have them matched by taxpayers instead of $1000 checks. If you look at who is donating, it’s the same people. |
I get that it isn’t Chevy Chase, but some parts of 4corners is actually pretty nice right now, but hasn’t had the chance to go full cycle with home rehabs throughout the neighborhoods. There is now way that it won’t drag it down. |
Construction for multiplexes won’t be cheap. Those costs alone will push rent toward $2k and that’s before land and operating costs. If those rents are too high for the market, no one is going to build. |
Though new residents may change the character of a neighborhood in a way, the effects of overcrowding, both in structures and in burden on shared/public resources, is as big or bigger. The currently pushed policies offer no real protections from that. Not much of this sort is likely to happen in the Bethesda/CC area in the near future because the projects don't pencil as well for developers due to the higher cost of acquisition. The Georgia/University/Colesville triangle, on the other hand, is much more likely to see such change. When it comes down to it, those elected representatives don't really care about the middle. |
They don’t pencil at all in Bethesda/CC or in Woodside or E Silver Spring for that matter. They don’t pencil well in the Colesville, University, or Georgia area. That could change if there’s a lot of white collar job growth in that area. They work a little better for owner occupancy, but unless the lot is split they’d have to be condos, which seems like an absolute nightmare for the owners. |
They pencil much better in the Colesville/University/Georgia triangle than in Bethesda/CC. Quadplexes to small apartment blocs. Investment rental properties. This is what the County Council and Planning Board are pushing, though they frame it in fairy tale terms. |
+1 |
Here, let me fix this for you. Yes, this state law completely shreds [NIMBY] authority and allows developers to almost build whatever [PEOPLE NEED IN ORDER TO GET HOUSING AND LIVE]. |
Implicit in your argument is that SFH and owners should always get wealthier on the backs of renters, by virtue of ever-increasing house values. Finally, you NIMBYs admit it. It's about your money, nothing else. |
Was up in Olney this weekend and didn’t realize that the Ag Reserve was in such big trouble. Most farms were fallow. Poverty increasing. Preferring poverty over “sprawl” doesn’t seem like a good long term policy choice. |
Huh? There is no tension between maintaining or even expanding the stock of SFH and increasing the stock of rental housing. You are so stuck on one specific type of rental housing when large multi family is more economical and provides better density benefits. |
DP, but a PP. It's about a lot more than that, but you can't seem to make an argument without resorting to half-truths, strawmen and/or hyperbole. Given the likely housing forms and infrastructure deficits resulting from this rezoning/redefinition-of-zoning push, it appears that the Planning Board and County Council are arguing that developers should always get wealthier on the backs of residents, both current and future, by virtue of the increased housing stock more likely than existing housing stock to be rental (then often controlled by REIT-type interests outside the community) and by relative lack of adequate public facilities. It's about increasing developer/investor profit, riding misguided ultra-progressive sentiment and feelings of entitlement (what I want, where I want it), that disproportionately will take from the more modest detached SFH communities of inner MoCo due to the lower cost of land acquisition (which completely undercuts the Robin Hood narrative). |
Do you listen to yourself? The market will decide and it won't benefit the lower income individuals.. And yes, Dupont is a sh*thole now... |
It is 100% about my money and I will shout it from the roofs! |
Make Moco Great Again! |