If this is even true, it’s irrelevant because they use current student generation rates to assess school adequacy and assess impact fees. In fact, they revised the formula a few years ago to exclude high-rise apartments built before 1990 in order to lower the fees that high-rise developers pay. They also include age-restricted housing units (these don’t pay impact fees) in the divisor to artificially suppress student generation rates for other units. |
What a crock! Corporate landlords lose out? Hardly. Look at the above. Current residents lose out because the current levels of public facilities/infrastructure are already too low, there's no requirement to make that better before adding density, and local history shows us that won't happen by itself (nor will nicer retail/dining). |
You all need to lay off the juice, these conspiracy theories are really "moon is cheese" level insanity lol. |
Then tell your government to build more schools. Problem solved! |
I’ve already given up on getting new public facilities. Corporate landlords lose out if there’s more competition. Everything they do is to limit competition or constraints on their profits. |
Tell the developers to pay for the actual cost of building new schools for students generated by their houses. The last time I checked each student cost MOCO around $60,000 for extra space in school facilities. This means that most developments should be paying a minimum of 20k per unit for school impact fees. However, the real estate industry would rather screw over the county by lobbying the state to pass heavy handed zoning reform that allow developers to weasel out of responsibilities for schools through using by-right density bonus loopholes. |
This is a factually incorrect statement. |
Who do you think would actually pay that? Not the developers. |
Blame the Builders Lobby/Association in your town.
They have run out of land to develop. |
Yes, they should because most this is funded by local municipal bonds and local tax revenue. Growth should pay for growth. |
+1. The developers have lobbied hard and successfully to reduce the fees they pay. That’s helped them make record profits. The fee reductions are effectively subsidies that have neither reduced housing prices nor resulted in more supply. |
Large multi family and townhomes directly adjacent as a buffer to SFH is ideal and I agree that it supports SFH property values. Randomly dumping trash 4 plexes without parking in SFH neighborhoods has the opposite effect. There is more than enough space and ability to promote more large multi family and townhouses without this “missing middle” nonsense which is promoted not because it will appreciably increase housing supply but instead out of spite because it will negatively affect others for no reason other than envy. |
If you're intimating that those residing (buying or renting) would have to pay more, yes, they would, but microeconomics suggests not the entirety. Some would be absorbed by the developers as lower profit. If we don't get them to pay, then we are left with the current populace shouldering the burden or the school system remaining underfunded, and similar circumstances for other public facilities/infrastructure. |
That seems like a reasonable approach, probably too reasonable for Montgomery County. |
I.e., they wouldn't build in the first place. |