There is no housing crisis in MoCo or most of the DMV for that matter

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Most of Moco is actually very cheap once you get about 25 minutes outside the beltway.

Not many places that are less than an hour outside a major global city where you can buy SFHs for under 500k. There are TONS in Germantown, Montgomery Village, Laytonville, Damascus, etc

That's funny, because I just checked Redfin, and they have zero (0) listings in Montgomery Village for SFHs under 500k. Germantown has one (1), listed at $400,000 which is a short sale. Laytonsville has one (1), listed at $499,900. Damascus has zero (0). I can't check etc.

Huh? I’m literally looking in Redfin right now and there are many options under $500k. If someone doesn’t want to move that far out there are options in aspen hill/wheaton too. If they want somewhere with “better schools” then there are apartments and condos available. Most of the new construction close in is the latter anyway. There are trade offs to living in this area, if you want the cheap big house on an acre then this isn’t the place for you.

Not for SFHs in Montgomery Village, Germantown, Laytonsville, or Damascus, there aren't.

In realtor.com:
0 in Montgomery Village
2 in Germantown (the $400,000 short sale, plus a contingent listing for $495,000)
1 in Laytonsville (the $499,900 one)
4 in Damascus, because realtor.com seems to define "Damascus" more expansively than Redfin: $499,900; $359,500 for 2BR/1BA, 773 sf; $400,000 for an uninhabitable house, cash only; $345,000 for 2BR/1BA, 774 sf.

Omg, you poor baby. You deserve a SFH.

What's wrong with an apartment, condo, or TH?

Remember this?

Most of Moco is actually very cheap once you get about 25 minutes outside the beltway.

Not many places that are less than an hour outside a major global city where you can buy SFHs for under 500k. There are TONS in Germantown, Montgomery Village, Laytonville, Damascus, etc

It's wrong.

Nope, what's wrong are your expectations. Plenty available:

https://www.zillow.com/homedetails/3831-Hamilton-St-F-101-Hyattsville-MD-20781/37516870_zpid/

https://www.realtor.com/realestateandhomes-detail/222-Farragut-St-NW-Apt-203_Washington_DC_20011_M68787-31037?from=srp-list-card

https://www.realtor.com/realestateandhomes-detail/505-Kennedy-St-NW-Unit-202_Washington_DC_20011_M96260-08366?from=srp-list-card

https://www.realtor.com/realestateandhomes-detail/1805-Carters-Grove-Dr_Silver-Spring_MD_20904_M54240-95664?from=srp-list-card

Plenty of options available. Boo hoo, you can't afford a 3000 sqft, 4 bedroom home, with a garage and a yard. Stop feeling so entitled. Plenty of affordable and nice condos are available with 2 bedrooms, which is all anyone needs anyway for a family of 4. Billions of people in the world live in that kind of space.

None of those listings are houses, and three of them aren't even in Montgomery County. Are there plenty of houses under $500,000 in Montgomery Village, Germantown, Laytonsville, or Damascus? No, there aren't. In fact, I'm guessing the person who made that assertion thinks of Montgomery Village, Germantown, Laytonsville, or Damascus as basically Here Be Dragons.

Is there housing you can buy, in the DC area, for less than $500,000? Yes, there is. Nobody has said there isn't.

Who said you need a SFH?

You people are nuts expecting to buy cheap SFH for under $400k in the most expensive areas of the country. Who cares if some are in PG vs DC vs MoCo? It's virtually all the same anyway. No one is owed cheap homes for under $400k in these parts. The only crisis going are are peoples' bloated expectations for what they can afford and what is 'good enough' for them. There is plenty of housing. We simply have an overabundance of ridiculous expectations.

Try looking at this from a generational perspective. Do people starting out today have the same housing options as earlier generations, even people buying 20 years ago? Plenty of GS12s x2, could buy a house in Rockville 20 years ago. Now they need to look at Damascus or Clarksburg.

Do we expect people a generation hence to have even worse prospects? What sort of politics can you expect with declining standards of living?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Most of Moco is actually very cheap once you get about 25 minutes outside the beltway.

Not many places that are less than an hour outside a major global city where you can buy SFHs for under 500k. There are TONS in Germantown, Montgomery Village, Laytonville, Damascus, etc

That's funny, because I just checked Redfin, and they have zero (0) listings in Montgomery Village for SFHs under 500k. Germantown has one (1), listed at $400,000 which is a short sale. Laytonsville has one (1), listed at $499,900. Damascus has zero (0). I can't check etc.

Huh? I’m literally looking in Redfin right now and there are many options under $500k. If someone doesn’t want to move that far out there are options in aspen hill/wheaton too. If they want somewhere with “better schools” then there are apartments and condos available. Most of the new construction close in is the latter anyway. There are trade offs to living in this area, if you want the cheap big house on an acre then this isn’t the place for you.

Not for SFHs in Montgomery Village, Germantown, Laytonsville, or Damascus, there aren't.

In realtor.com:
0 in Montgomery Village
2 in Germantown (the $400,000 short sale, plus a contingent listing for $495,000)
1 in Laytonsville (the $499,900 one)
4 in Damascus, because realtor.com seems to define "Damascus" more expansively than Redfin: $499,900; $359,500 for 2BR/1BA, 773 sf; $400,000 for an uninhabitable house, cash only; $345,000 for 2BR/1BA, 774 sf.

Omg, you poor baby. You deserve a SFH.

What's wrong with an apartment, condo, or TH?

Remember this?

Most of Moco is actually very cheap once you get about 25 minutes outside the beltway.

Not many places that are less than an hour outside a major global city where you can buy SFHs for under 500k. There are TONS in Germantown, Montgomery Village, Laytonville, Damascus, etc

It's wrong.

Nope, what's wrong are your expectations. Plenty available:

https://www.zillow.com/homedetails/3831-Hamilton-St-F-101-Hyattsville-MD-20781/37516870_zpid/

https://www.realtor.com/realestateandhomes-detail/222-Farragut-St-NW-Apt-203_Washington_DC_20011_M68787-31037?from=srp-list-card

https://www.realtor.com/realestateandhomes-detail/505-Kennedy-St-NW-Unit-202_Washington_DC_20011_M96260-08366?from=srp-list-card

https://www.realtor.com/realestateandhomes-detail/1805-Carters-Grove-Dr_Silver-Spring_MD_20904_M54240-95664?from=srp-list-card

Plenty of options available. Boo hoo, you can't afford a 3000 sqft, 4 bedroom home, with a garage and a yard. Stop feeling so entitled. Plenty of affordable and nice condos are available with 2 bedrooms, which is all anyone needs anyway for a family of 4. Billions of people in the world live in that kind of space.

None of those listings are houses, and three of them aren't even in Montgomery County. Are there plenty of houses under $500,000 in Montgomery Village, Germantown, Laytonsville, or Damascus? No, there aren't. In fact, I'm guessing the person who made that assertion thinks of Montgomery Village, Germantown, Laytonsville, or Damascus as basically Here Be Dragons.

Is there housing you can buy, in the DC area, for less than $500,000? Yes, there is. Nobody has said there isn't.

Who said you need a SFH?

You people are nuts expecting to buy cheap SFH for under $400k in the most expensive areas of the country. Who cares if some are in PG vs DC vs MoCo? It's virtually all the same anyway. No one is owed cheap homes for under $400k in these parts. The only crisis going are are peoples' bloated expectations for what they can afford and what is 'good enough' for them. There is plenty of housing. We simply have an overabundance of ridiculous expectations.

Try looking at this from a generational perspective. Do people starting out today have the same housing options as earlier generations, even people buying 20 years ago? Plenty of GS12s x2, could buy a house in Rockville 20 years ago. Now they need to look at Damascus or Clarksburg.

Do we expect people a generation hence to have even worse prospects? What sort of politics can you expect with declining standards of living?

Omg, cry me a river. The US doesn't have the same economic supremacy anymore as it did post -WW2 because there is much more competition across the globe.

Again, who said you deserve a SFH? Billions of working professionals live in apartments with their families in China, Japan, South Korea, France, Germany, the UK, etc.

No one is entitled to a SFH. There is housing stock available. You're problem is that you simply think you're too good for it. There is no housing crisis once people readjust their expectations in life. Americans have so much sickening entitlement mentality these days simply because they exist and think they're owed.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Most of Moco is actually very cheap once you get about 25 minutes outside the beltway.

Not many places that are less than an hour outside a major global city where you can buy SFHs for under 500k. There are TONS in Germantown, Montgomery Village, Laytonville, Damascus, etc

That's funny, because I just checked Redfin, and they have zero (0) listings in Montgomery Village for SFHs under 500k. Germantown has one (1), listed at $400,000 which is a short sale. Laytonsville has one (1), listed at $499,900. Damascus has zero (0). I can't check etc.

Huh? I’m literally looking in Redfin right now and there are many options under $500k. If someone doesn’t want to move that far out there are options in aspen hill/wheaton too. If they want somewhere with “better schools” then there are apartments and condos available. Most of the new construction close in is the latter anyway. There are trade offs to living in this area, if you want the cheap big house on an acre then this isn’t the place for you.

Not for SFHs in Montgomery Village, Germantown, Laytonsville, or Damascus, there aren't.

In realtor.com:
0 in Montgomery Village
2 in Germantown (the $400,000 short sale, plus a contingent listing for $495,000)
1 in Laytonsville (the $499,900 one)
4 in Damascus, because realtor.com seems to define "Damascus" more expansively than Redfin: $499,900; $359,500 for 2BR/1BA, 773 sf; $400,000 for an uninhabitable house, cash only; $345,000 for 2BR/1BA, 774 sf.

Omg, you poor baby. You deserve a SFH.

What's wrong with an apartment, condo, or TH?

Remember this?

Most of Moco is actually very cheap once you get about 25 minutes outside the beltway.

Not many places that are less than an hour outside a major global city where you can buy SFHs for under 500k. There are TONS in Germantown, Montgomery Village, Laytonville, Damascus, etc

It's wrong.

Nope, what's wrong are your expectations. Plenty available:

https://www.zillow.com/homedetails/3831-Hamilton-St-F-101-Hyattsville-MD-20781/37516870_zpid/

https://www.realtor.com/realestateandhomes-detail/222-Farragut-St-NW-Apt-203_Washington_DC_20011_M68787-31037?from=srp-list-card

https://www.realtor.com/realestateandhomes-detail/505-Kennedy-St-NW-Unit-202_Washington_DC_20011_M96260-08366?from=srp-list-card

https://www.realtor.com/realestateandhomes-detail/1805-Carters-Grove-Dr_Silver-Spring_MD_20904_M54240-95664?from=srp-list-card

Plenty of options available. Boo hoo, you can't afford a 3000 sqft, 4 bedroom home, with a garage and a yard. Stop feeling so entitled. Plenty of affordable and nice condos are available with 2 bedrooms, which is all anyone needs anyway for a family of 4. Billions of people in the world live in that kind of space.

None of those listings are houses, and three of them aren't even in Montgomery County. Are there plenty of houses under $500,000 in Montgomery Village, Germantown, Laytonsville, or Damascus? No, there aren't. In fact, I'm guessing the person who made that assertion thinks of Montgomery Village, Germantown, Laytonsville, or Damascus as basically Here Be Dragons.

Is there housing you can buy, in the DC area, for less than $500,000? Yes, there is. Nobody has said there isn't.

Who said you need a SFH?

You people are nuts expecting to buy cheap SFH for under $400k in the most expensive areas of the country. Who cares if some are in PG vs DC vs MoCo? It's virtually all the same anyway. No one is owed cheap homes for under $400k in these parts. The only crisis going are are peoples' bloated expectations for what they can afford and what is 'good enough' for them. There is plenty of housing. We simply have an overabundance of ridiculous expectations.

Try looking at this from a generational perspective. Do people starting out today have the same housing options as earlier generations, even people buying 20 years ago? Plenty of GS12s x2, could buy a house in Rockville 20 years ago. Now they need to look at Damascus or Clarksburg.

Do we expect people a generation hence to have even worse prospects? What sort of politics can you expect with declining standards of living?

Omg, cry me a river. The US doesn't have the same economic supremacy anymore as it did post -WW2 because there is much more competition across the globe.

Again, who said you deserve a SFH? Billions of working professionals live in apartments with their families in China, Japan, South Korea, France, Germany, the UK, etc.

No one is entitled to a SFH. There is housing stock available. You're problem is that you simply think you're too good for it. There is no housing crisis once people readjust their expectations in life. Americans have so much sickening entitlement mentality these days simply because they exist and think they're owed.

I hope you go to public meetings, in person, and say stuff like that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Most of Moco is actually very cheap once you get about 25 minutes outside the beltway.

Not many places that are less than an hour outside a major global city where you can buy SFHs for under 500k. There are TONS in Germantown, Montgomery Village, Laytonville, Damascus, etc

That's funny, because I just checked Redfin, and they have zero (0) listings in Montgomery Village for SFHs under 500k. Germantown has one (1), listed at $400,000 which is a short sale. Laytonsville has one (1), listed at $499,900. Damascus has zero (0). I can't check etc.

Huh? I’m literally looking in Redfin right now and there are many options under $500k. If someone doesn’t want to move that far out there are options in aspen hill/wheaton too. If they want somewhere with “better schools” then there are apartments and condos available. Most of the new construction close in is the latter anyway. There are trade offs to living in this area, if you want the cheap big house on an acre then this isn’t the place for you.

Not for SFHs in Montgomery Village, Germantown, Laytonsville, or Damascus, there aren't.

In realtor.com:
0 in Montgomery Village
2 in Germantown (the $400,000 short sale, plus a contingent listing for $495,000)
1 in Laytonsville (the $499,900 one)
4 in Damascus, because realtor.com seems to define "Damascus" more expansively than Redfin: $499,900; $359,500 for 2BR/1BA, 773 sf; $400,000 for an uninhabitable house, cash only; $345,000 for 2BR/1BA, 774 sf.

Omg, you poor baby. You deserve a SFH.

What's wrong with an apartment, condo, or TH?

Remember this?

Most of Moco is actually very cheap once you get about 25 minutes outside the beltway.

Not many places that are less than an hour outside a major global city where you can buy SFHs for under 500k. There are TONS in Germantown, Montgomery Village, Laytonville, Damascus, etc

It's wrong.

Nope, what's wrong are your expectations. Plenty available:

https://www.zillow.com/homedetails/3831-Hamilton-St-F-101-Hyattsville-MD-20781/37516870_zpid/

https://www.realtor.com/realestateandhomes-detail/222-Farragut-St-NW-Apt-203_Washington_DC_20011_M68787-31037?from=srp-list-card

https://www.realtor.com/realestateandhomes-detail/505-Kennedy-St-NW-Unit-202_Washington_DC_20011_M96260-08366?from=srp-list-card

https://www.realtor.com/realestateandhomes-detail/1805-Carters-Grove-Dr_Silver-Spring_MD_20904_M54240-95664?from=srp-list-card

Plenty of options available. Boo hoo, you can't afford a 3000 sqft, 4 bedroom home, with a garage and a yard. Stop feeling so entitled. Plenty of affordable and nice condos are available with 2 bedrooms, which is all anyone needs anyway for a family of 4. Billions of people in the world live in that kind of space.

None of those listings are houses, and three of them aren't even in Montgomery County. Are there plenty of houses under $500,000 in Montgomery Village, Germantown, Laytonsville, or Damascus? No, there aren't. In fact, I'm guessing the person who made that assertion thinks of Montgomery Village, Germantown, Laytonsville, or Damascus as basically Here Be Dragons.

Is there housing you can buy, in the DC area, for less than $500,000? Yes, there is. Nobody has said there isn't.

Who said you need a SFH?

You people are nuts expecting to buy cheap SFH for under $400k in the most expensive areas of the country. Who cares if some are in PG vs DC vs MoCo? It's virtually all the same anyway. No one is owed cheap homes for under $400k in these parts. The only crisis going are are peoples' bloated expectations for what they can afford and what is 'good enough' for them. There is plenty of housing. We simply have an overabundance of ridiculous expectations.

Try looking at this from a generational perspective. Do people starting out today have the same housing options as earlier generations, even people buying 20 years ago? Plenty of GS12s x2, could buy a house in Rockville 20 years ago. Now they need to look at Damascus or Clarksburg.

Do we expect people a generation hence to have even worse prospects? What sort of politics can you expect with declining standards of living?

Omg, cry me a river. The US doesn't have the same economic supremacy anymore as it did post -WW2 because there is much more competition across the globe.

Again, who said you deserve a SFH? Billions of working professionals live in apartments with their families in China, Japan, South Korea, France, Germany, the UK, etc.

No one is entitled to a SFH. There is housing stock available. You're problem is that you simply think you're too good for it. There is no housing crisis once people readjust their expectations in life. Americans have so much sickening entitlement mentality these days simply because they exist and think they're owed.

+1. The same people that believe that everyone should be able to live in a 400k SFH in the most desirable areas and that people should have the same “housing opportunities” as the 1940’s also believe in open borders and allowing millions of people from the rest of the world into our country. They simply are insane.

[Anonymous]

When Bethesda, Silver Spring, Wheaton first experienced housing booms, those developments could legitimately characterized as sprawl. The people who decided to live there could have bought row homes in the city instead. The commute is longer now but it’s the same idea for Clarksburg and Frederick. Building more rentals in Bethesda won’t magically make single family home prices drop there. The best way to make single family home prices drop is to build more single family homes.

[Anonymous]

OP is right. I’m sick and tired of people like teachers and social workers whining that they deserve to be able to afford a home like I can and send their kids to decent schools like I can. People who make less than I do yet think they are entitled to live near me are everything that’s wrong with the DMV and, frankly, with this society.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Its all a tube of toothpaste. You want low wage workers so you can get a burger for under $10? Well you either need to build enough cheap or subsidized housing for them, or deal with 270/495/most other roads being jammed up with drive-till-you-qualifiers coming to make your sandwich.

See, this is where the free market takes over. If burger flippers, teachers, and barbers can't afford to live in the area then the supplies of those who do that labor will go down, leading to a premium in wages that will allow them to eventually afford housing. No one is entitled to live wherever they want. We do not need to upend our way of life because people don't like their personal choices. There is plenty of cheap housing stock in Iowa, Kansas, Pennsylvania, Western MD, etc. It's not my responsibility to provide you housing because you don't want to live there.

Free market?!? LOL. Aren’t you the one calling for the government to maintain strict controls over what landowners can build on their own property. How is that the free market?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Its all a tube of toothpaste. You want low wage workers so you can get a burger for under $10? Well you either need to build enough cheap or subsidized housing for them, or deal with 270/495/most other roads being jammed up with drive-till-you-qualifiers coming to make your sandwich.

See, this is where the free market takes over. If burger flippers, teachers, and barbers can't afford to live in the area then the supplies of those who do that labor will go down, leading to a premium in wages that will allow them to eventually afford housing. No one is entitled to live wherever they want. We do not need to upend our way of life because people don't like their personal choices. There is plenty of cheap housing stock in Iowa, Kansas, Pennsylvania, Western MD, etc. It's not my responsibility to provide you housing because you don't want to live there.

Free market?!? LOL. Aren’t you the one calling for the government to maintain strict controls over what landowners can build on their own property. How is that the free market?

The biggest barrier to having a function free housing market is developers colluding to limit supply and increase prices, which the government only recently decided to crack down on.

[Anonymous]

Anonymous wrote:OP is right. I’m sick and tired of people like teachers and social workers whining that they deserve to be able to afford a home like I can and send their kids to decent schools like I can. People who make less than I do yet think they are entitled to live near me are everything that’s wrong with the DMV and, frankly, with this society.

DP. In the last 20 years, the top ten percent of wage earners has grown by about 13,000 people in Montgomery County. We haven’t added 13,000 single family houses inside the beltway. That’s why prices have gone up. It has nothing to do with NIMBYs or zoning or taxes.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Its all a tube of toothpaste. You want low wage workers so you can get a burger for under $10? Well you either need to build enough cheap or subsidized housing for them, or deal with 270/495/most other roads being jammed up with drive-till-you-qualifiers coming to make your sandwich.

See, this is where the free market takes over. If burger flippers, teachers, and barbers can't afford to live in the area then the supplies of those who do that labor will go down, leading to a premium in wages that will allow them to eventually afford housing. No one is entitled to live wherever they want. We do not need to upend our way of life because people don't like their personal choices. There is plenty of cheap housing stock in Iowa, Kansas, Pennsylvania, Western MD, etc. It's not my responsibility to provide you housing because you don't want to live there.

Free market?!? LOL. Aren’t you the one calling for the government to maintain strict controls over what landowners can build on their own property. How is that the free market?

The biggest barrier to having a function free housing market is developers colluding to limit supply and increase prices, which the government only recently decided to crack down on.

Okay, but strict zoning laws are also contrary to the free market.

Those who are calling for the maintenance of SFH-only zoning have no authority to be invoking the “free market.” Such people want the government to dictate what can be done with private property. That is the opposite of the free market.

[Anonymous]

Anonymous wrote:When Bethesda, Silver Spring, Wheaton first experienced housing booms, those developments could legitimately characterized as sprawl. The people who decided to live there could have bought row homes in the city instead. The commute is longer now but it’s the same idea for Clarksburg and Frederick. Building more rentals in Bethesda won’t magically make single family home prices drop there. The best way to make single family home prices drop is to build more single family homes.

I guess it's very on-character for DCUM, though, to decide that to the extent there even is a housing crisis, it's about a shortage of detached uniplexes, and the solution is to build more detached uniplexes ... somewhere.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Its all a tube of toothpaste. You want low wage workers so you can get a burger for under $10? Well you either need to build enough cheap or subsidized housing for them, or deal with 270/495/most other roads being jammed up with drive-till-you-qualifiers coming to make your sandwich.

See, this is where the free market takes over. If burger flippers, teachers, and barbers can't afford to live in the area then the supplies of those who do that labor will go down, leading to a premium in wages that will allow them to eventually afford housing. No one is entitled to live wherever they want. We do not need to upend our way of life because people don't like their personal choices. There is plenty of cheap housing stock in Iowa, Kansas, Pennsylvania, Western MD, etc. It's not my responsibility to provide you housing because you don't want to live there.

Free market?!? LOL. Aren’t you the one calling for the government to maintain strict controls over what landowners can build on their own property. How is that the free market?

The biggest barrier to having a function free housing market is developers colluding to limit supply and increase prices, which the government only recently decided to crack down on.

Meh. The biggest barrier to having a functioning free market in housing is zoning that prohibits property owners from building most types of housing in most of the county.

[Anonymous]

Anonymous wrote:

Anonymous wrote:When Bethesda, Silver Spring, Wheaton first experienced housing booms, those developments could legitimately characterized as sprawl. The people who decided to live there could have bought row homes in the city instead. The commute is longer now but it’s the same idea for Clarksburg and Frederick. Building more rentals in Bethesda won’t magically make single family home prices drop there. The best way to make single family home prices drop is to build more single family homes.

I guess it's very on-character for DCUM, though, to decide that to the extent there even is a housing crisis, it's about a shortage of detached uniplexes, and the solution is to build more detached uniplexes ... somewhere.

That part of the market has seen the biggest price increases. It’s simple supply and demand that detached uniplexes are where the greatest shortage/need is. Wouldn’t you agree?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:When Bethesda, Silver Spring, Wheaton first experienced housing booms, those developments could legitimately characterized as sprawl. The people who decided to live there could have bought row homes in the city instead. The commute is longer now but it’s the same idea for Clarksburg and Frederick. Building more rentals in Bethesda won’t magically make single family home prices drop there. The best way to make single family home prices drop is to build more single family homes.

I guess it's very on-character for DCUM, though, to decide that to the extent there even is a housing crisis, it's about a shortage of detached uniplexes, and the solution is to build more detached uniplexes ... somewhere.

That part of the market has seen the biggest price increases. It’s simple supply and demand that detached uniplexes are where the greatest shortage/need is. Wouldn’t you agree?

No. There is no such thing as "simple supply and demand" in such a non-free market.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:When Bethesda, Silver Spring, Wheaton first experienced housing booms, those developments could legitimately characterized as sprawl. The people who decided to live there could have bought row homes in the city instead. The commute is longer now but it’s the same idea for Clarksburg and Frederick. Building more rentals in Bethesda won’t magically make single family home prices drop there. The best way to make single family home prices drop is to build more single family homes.

I guess it's very on-character for DCUM, though, to decide that to the extent there even is a housing crisis, it's about a shortage of detached uniplexes, and the solution is to build more detached uniplexes ... somewhere.

That part of the market has seen the biggest price increases. It’s simple supply and demand that detached uniplexes are where the greatest shortage/need is. Wouldn’t you agree?

No. There is no such thing as "simple supply and demand" in such a non-free market.

The case that regulation is suppressing housing production is really weak given how many unbuilt units there are and developers saying demand is weak.

How many more years should we pretend that staging, inventory management, and collusion aren’t driving prices up?