Where do the landlords get the money to pay their property taxes from? |
You mean the property taxes that they pay that are the equivalent of what owners would pay if a building were privately-owned condos? (Wait...what? The county has them pay significantly less? Oh...) |
What did you expect? I want to live near job centers and public transport. I got mine now lock it down so supply is limited and my values go up. I love diversity but that’s enough of the certain types.
You live by metro you accept the stimulus that it provides the area which will always be economically driven, the parts society has to pay for will always lag behind the parts of growth that makes money. Now maybe you understand the appeal of areas like Potomac with no metro and suppressed growth a little bit more. They can always drive to the hustle and bustle, it’s hard to walk away from it. |
Nice straw man you've erected, there ![]() You must be such a beneficent advocate for these "certain types" to try to push them into under-served housing when, instead, you could fix the proposed legislation so that there were adequate school facilities. |
In other words, renters actually do pay property taxes. |
I thought this was a good bill until reading through the YIMBY defense of it. Whenever the development lobby defends a bill this vigorously, that means there’s a lot in it for them but nothing in it for anyone else. |
Just less than they would as owners of the same domiciles. Now where does that burden get made up, I wonder? |
Are families with kids not deserving of living near metro stations too? Not sure why we should only build metro accessible apartments for singles, DINKs, and retirees. |
Apartments have 2 and 3 bedroom options. |
The thing is, 2-3BR apts next to a metro station tend to be expensive. I doubt that most families who can afford those units view apt living as a long term plan. If you don’t build housing that young families want, they will move elsewhere. I’m not against building more housing, it’s just that a lot of it seems rather thoughtless and developer-driven. |
It’s not thoughtless. The main goal of the county’s land use and tax policies is to make development more profitable. That has worked. |
Townhouses next to a Metro station would be even more expensive. Detached houses next to a Metro station would be even even more more expensive. |
Which of these options generates the most property tax revenue per sq ft of land? |
A tall building with lots of units. |
But they tend to sell quickly and result in actual home ownership. There is a demand for this type of housing. Less profits for landlords though. |