They will not want to do this. So what is your plan for forcing them to do so? Just like road diets are to force us to find driving intolerable, how will you make the "oldsters" lives intolorable? |
The building and its occupants might generate more revenue on an aggregate basis, but expenses to provide services for these additional residents will greatly exceed the cost of the previous SFH. DC will end up losing money on the plex residents because they cost more than they contribute in tax revenue. Unfortunately, most residential development is tax negative. |
Nonsense. People who live duplexes don’t pay jack shit in taxes. People who can afford single family homes in CC pay a ton in taxes. We have an extremely progressive tax system. |
This. |
They pay more than the long time owners in CC that often have fairly moderate incomes…and if elderly much of that is shielded from DC tax. As one of the relatively new and higher income owners in CC…upcoming won’t bother me much or cause me to sell. It’s the old timers that may finally throw in the towel. However, there is absolutely no initiative to upzone off the main Avenues…so not sure why it is even a topic. |
You have zero clue what you are talking about. Show any bona fide 3rd party study that supports that most residential development is tax negative. |
OK sweetie. Your perception of how very desireable your neighborhood is doesn’t mean you are exempt from everything. |
Your sarcastic response proves my point--you see the neighborhoods as desirable and you want in at a low cost. Building lots of small housing units close together is not going to achieve what you think is going to achieve--either the elements (people or businesses) that make the neighborhood appealing to you will leave OR people with level of income that can afford the neighborhood now will move into these smaller units at their premium price. By the way, I live a solidly middle class 2 bedroom condo building in Maryland, not near transit, so this isn't personal. |
It is. Do the math. |
The classic response when people are pulling things out of their a**. Produce a true 3rd party analysis that supports what you are saying. |
| We do need to deport the boomers out from the SFHs and into the condos. SFHs are for families with kids, not empty nesters |
Hey everyone, another pleasant prospective YImBY neighbor. They are all so charming! |
Agree. At the Federal level, top 1% pay 45.8%, top 5% pay 65.6%, top 10% pay 75.8%, and top 50% pay 97.7% of all Federal income taxes. Bottom 50% pay 2.3%. Assume DC numbers are roughly similar. Turning SFHs into 2-4 unit buildings will not be a net tax benefit to DC. Those living in these buildings, particularly families, are not likely to be paying much, if anything, in income taxes. Yes, they will be paying property taxes. But those property taxes and any de minimus income taxes will not offset the costs incurred by DC Govt. The fact is that DC needs more rich people, not fewer, and DC needs places they want to live-namely, SFH neighborhoods. https://taxfoundation.org/data/all/federal/latest-federal-income-tax-data-2024/ |
Good luck with that. If the city declares war on single family homes, then people who already own single family homes will never, ever sell. Why would they? The value of those homes will only go up. Owning a single family home in DC will eventually become like owning a single family home in Manhattan. |
| I am an empty nester, and I am hanging on to my rather large single family home for a few reasons. 1) I don't want to live in a condo and even if I did, three bedroom condos are pretty rare around here. 2) Condos are incredibly expensive to own -- I doubt I'd save much money at all going from a 3600 square foot home into a 2000 square foot condo. 3) I like outdoor space, spend time gardening. 4) My home feels like a precious asset and I'm going to hold onto it until I conclude my kids don't want it. I might change my mind if there were decent townhouse options here, but developers are not building many and the ones they are building are as big as my sfh. |