Because there is a housing shortage generally. Where do you think it would be "less difficult" and "more welcome"? Wheaton? Silver Spring? I think what you mean is, there are plenty of areas to increase density where local residents have less money and political clout than they do in CC. Again: Why should CC be exempt from developing denser/more affordable housing? |
no there is not. Life isn't fair. CC is a wealthier area. That's Ok. Move to SS or Takoma Park - easy commute if you work in CC |
| Should Chevy Chase DC become Chevy Chase Vibrant Urbanist Dense Mixed-Use Civic Corridor Core Commons?! |
Don't worry, they will never be able to afford the type of housing they are begging to get built, they just don't realize it. These condos in desirable neighborhoods they dream about will have desirable-area prices still-they will be very expensive, and SFHs in these neighborhoods will become astronomically expensive instead of just very expensive. Were the condos near the Clarendon Metro every "affordable" (a meaningless word anyway when you think about it)? Nope. |
Why do you think the new housing would be affordable? |
Agree. First, to extent a SFH owner has a mortgage, his or her mortgage rate is probably low 3%. Second, the condos and townhouses that are being built are too expensive and small. Even the nearby EYA townhouses have small floor plans. Accordingly, today, a SFH owner is not likely to be taking anything off the table by selling the SFH and moving into a condo or TH. No financial incentive. More likely, a financial disincentive. Mortgage rates and condo/TH prices will need to come down. |
This. |
Where in PP's post does it say that? And FYI, affordability is as much about policy as anything else. Local government can dictate that a certain number of units be affordable, if they so choose. |
DC's baseline requirement for affordability (and their "inclusionary zoning" program is not really affordable) is about half what Montgomery County requires. DC politicians and the developers who fund them prattle on about "affordable housing" when in reality DC is a regulatory powderpuff. The DC government isn't serious about requiring the private sector to put a serious number of affordable housing in large market-rate developments. But Bowser pretends to claim credit for more affordable housing and developers pretend that their projects deliver it, all to create a favorable narrative for more up-zoning and less regulation to build more and more upmarket 1-BR flats and condos. |
Smart Growth can advocate for higher tax rates on empty nester SFHs. That could make a dent in the problem. |
Lol |
DP...because the city owns the land and can mandate the level of affordability. |
Congress would never let DC apply a special tax to force elderly seniors out of their homes. |
What about a special DC surtax on pearls, for the pearl clutchers? |
You people simply want to utilize the state to force your will on others — at their expense for your benefit. Same as it always was with you people. |