This. The county also decided that they didn't want metro/ rail to go past shady Grove so it would be stupid to put high rise apartments there. See what happens when our local politicians lack big picture thinking? Instead of coming up with workable solutions, they'd rather criticize the people who live 'far away" by telling them to just live closer to work. If you don't improve roads and public transportation, it limits your ability to build all types of housing. |
| I see that the urbanists are out in force stoking their usual class warfare but not a single one of them has acknowledged that developers with actual skin in the game and Marc Elrich are making the same claims about demand. Just more misinformation. If your position can’t survive facts, it’s probably not a good position. |
Hans Riemer made the same point. Which is why he changed the law for the county to subsidize developers and they still won’t build. |
|
The one or two pro-Thrive nerds on Twitter got tired of people ignoring them there and decided to come here?
Sad. |
We could have so much more housing if the county directly funded low income housing construction and stopped requiring developers to pay for and build a minimum number of income-restricted units. The affordable housing minimums kill profits. |
Directly funded with what? The capital budget is over capacity as it is. |
It also sucks to require middle class residents to directly subsidize poorer residents. MDPUs are bad policy. |
And when they do build (ie after the housing shortage gets even worse and rents go even higher) they’ll apply the subsidies to their already high profit margins instead of building more and accepting industry standard profit margins. |
Redirect the funding from Riemer’s subsidies to housing construction. Between the impact fee reductions, the Grosvenor giveaway, and all of his other schemes, there’s money for affordable housing. And just like the urbanist say: if we let developers build more, affordable housing will magically appear. |
The council directly distributes about $30 million in a year uncompetitively awarded grants to “community organizations” in a manner that lacks transparency and reeks of a slush fund. Add that to the developer giveaways and how much affordable housing can we directly build a year? I think a lot. |
| Elrich isn't responsible for land use decisions. The council decides. The CE doesn't have veto power. |
Are you saying it doesn't?
|
Rockville's Main Street project cost $22 million for 70 units, of which 53 are income-limited. https://www.multihousingnews.com/partially-affordable-community-opens-in-metro-washington-dc/ |
This. We purchased our first house in 2010 at a HHI of $200K. The seller was a divorced immigrant who cut hair at a chain barber shop. They paid $150K for the house in 1994. We paid $500K in 2010. We just bought our second house last year at $400K HHI. The sellers were modestly paid government employees making about $150K combined. They bought the house 15 years ago for 400K. We paid $800K. It makes for an interesting mix of socioeconomic status in neighborhoods. I think some of this contributes to white and MC flight out of the county. If you are middle class (teachers, firefighters, etc.) and all you can afford is a neighborhood with a lot of LC people, you may look outside of the county, especially if you have children. I have a friend whose family moved to MoCo and make about $125K a year combined. They said when looking at townhouses in mid county in their price range, there were a lot of people hanging out during the day, sitting outside, multiple families in one unit, etc. So it's not just about affording, but affording something in a neighborhood with people you perceive to be like you. Not saying it's right, but this is the thought process for some people. |