he economic incentives for cost-effective operations and long-term maintenance are also bad for owner-occupied condo/apartment communities. People have minimal incentive to properly maintain their condo buildings when and there tend to be a lot of expensive amenities that most people do not use. Builders include expensive amenities because they help sell units, but this is an overall net-negative for most owners. However, there is always a Karen who is consistently involved with HOA meetings (who uses the expensive amenities daily) and votes against any cost-saving measures. The buildings eventually become blighted property and become a drain on the community. It becomes nearly impossible to demolish the building because it is exceedingly unlikely that a super majority of owners will vote to tear it down.
https://www.youtube.com/watch?v=4NRFmaVHJxM |
It's the "Everybody wants to live in Bethesda" argument again. I don't know where some people get the idea that everyone wants to live in Bethesda. Also the housing shortage is not caused by everybody wanting to live in Bethesda. |
OK cool. There are plenty of affordable apartments in SE DC, PG County, Prince William county, and Gaithersburg. Problem solved. |
You're not buying a 500k house on a 130k income if you have kids. And certainly not if you're still paying off your student loans. You can't be that dense. |
Troll on, but single family zoning is 1) rooted in racism 2) financially unsustainable and 3) investors should be allowed to build multi unit properties on their lots if they choose. Stop interfering with the housing market. |
Single family housing has been the path to financial stability for decades. It’s how the middle class has built wealth. It’s always odd when people throw out words like “racism” when the policies they support will actually just keep people entrenched in poverty. Great for developers, bad for everyone else. |
Yeah, I know. Lower rents in job-rich areas are just horrible for wealth generation. Our political leaders should be listening to you! |
If the point is everyone, why do those arguing for rezoning for those x-plexes, etc., regularly bring up teachers, police officers and firefighters? If the point is teachers, police officers, firefighters, et al., why not have solutions targeted for those public service workers? |
Because a methodical and targeted approach opposes their kumbaya fantasy world where we all live in Denmark. I mean, sure, they use racism as some tool to their advantage, but the truth is they just want to ride expensive bikes to local coffee shops and talk about how awful the OTHER affluent white people are as they gentrify entire parts of cities. |
Who says the cop with 2 years Of experience had kids?? They don’t even need a college degree so why would you assume they have college debt? Go to Montgomery college, become a cop, work 10 years and you’ll Be 32. If your spouse has an identical job you could be making 160k with zero debt and solid benefits. If you can’t afford a 500k house with a kid or two in public school you’re a moron. That’s not societies fault, it’s yours. |
Because the council is dead aim at Bethesda with their idiotic zoning policies. Oh, and they hate wealthy people who fund the county/schools. |
I understand this, but remember that drives up either the cost of market rate housing, or the tax bill of everyone else, which makes them less able to afford housing. It is an unending cycle. |
I take it you haven't looked at daycare prices in a couple decades. |
But most people don't expect to buy a house their first year of working, either. |
Booo friggin hooooooo. You realize how many billions of people with families live in apartments their entire lives? Once again, stupid entitlement mentality. |