Middle-class families aren't going to move into unaffordable fourplexes, they are going to hold out for even more unaffordable detached houses? But also those fourplexes are going to be loud because of all of the families living in them? |
No... they are going to get their SFH where they can afford to! Like always. |
Who are all these people with enough money to spend $600K for a property who want to live in an 8-plex, especially in the age of remote work? |
It's 2023, not 1975. In 2023, middle-class families live in a lot of housing types that aren't detached houses, because they can't afford detached houses in locations that work for them. Very few people are moving from Arlington to rural Nebraska in order to be able to afford a detached house. |
Now youre just being obtuse. No one is saying the alternative to a particular neighborhood in Arlington is... Nebraska. |
What's the alternative? |
Ever look at a map of the DC metro area? |
No they don't always! What are you talking about? Many, many families around here live in townhouses or condos! Get out of your bubble. |
No it won’t. If you have a newly built house that can’t be torn down, your value immediately goes down if you have 16-20 people living next door to you. |
Why can't it be torn down? |
Nobody. They are all gong to be rental units. |
You tell me. Where will all middle-class families move to a detached house they can afford, elsewhere in the DC Metro area, in preference to living in something that isn't a detached house, in Arlington? |
Really, you are this dumb? Because the house is worth almost 2 million dollars, not including the land…it literally makes no economic sense. |
Is that bad? |
If there's a new McMansion on a parcel where a builder can build an eight-plex, then most of the value of the parcel is in the land value, not the improvement value, and it likely would make economic sense to tear down the McMansion. |