The same dumb voters are going to f that up |
There is zero chance that MoCo will not lose its taxpaying and upper income citizens because of this change. What is even stupid is that MoCo has plenty of underutilized commercial land that can be converted to housing of multiple types. Much of that land will never be office or retail. |
I think that they are ok with that. What they lose in quality they plan to make up for in volume. |
Do you remember when those conversions started in the 70s and into the 80s? How Dupont Circle became a dump? How the "nice" properties there were only those that were embassy- and NGO-operated? How it took a decade afterwards of gentrification to bring it back towards a desirable place to be? How that, in sequence, permeated through Adams Morgan and beyond? Some of those places have re-established themselves as desirable and enjoyable locations. Of course, all those that are are no longer "attainable," and those who lived there from the transition towards cut-up housing through gentrification spent 15-20 years (or more) with the negative consequences. Worked out for developers and landlords, though... Seriously, find us a comparable situation where things got better for those then living in the areas affected by such zoning change. |
How convenient. It should impact every single property contiguous to anyone who proposes and votes for this. |
Truth. Also, the impact on schools as well has been incredible. |
Volume of what? kids in already crowded schools? jobs paid in cash? I do not think this is a 0 sum game. |
How so? More volume of poverty and social needs who take more in tax expenditures then they can possibly pay in tax is a net negative. MoCo is going the way of Baltimore where they mane it extremely difficult to do business and drive out everyone with means who actually make up the bulk of the tax base. The area will crumble when all of the taxpayers who can pay taxes leave. You cannot make up tax revenues from a $250k household by bringing in 5 $50k households to replace. The $50k households will barely pay tax and require all sorts of subsidies, vouchers for lunches and will likely pay $0 in income taxes after all of the write offs and deductions. The county will get more poor with more volume, because the volume is going to come from poverty and low income households. |
The family moving into a duplex or triplex is not living in poverty. Those homes will still cost around 500K minimum. They will pay taxes, or the landlord will pay taxes. |
No, they’ll be rentals. Property tax doesn’t cover the same as income taxes. A single multiplex property tax will not make up for 4 below poverty line families who will all get stuffed into there and who’ll pay $0 income taxes because of their low inc9me and who’ll need more in tax expenditures than they pay. You also think all of these multiplexes are going to be high quality. lol. We all know they’ll be cheap garbage flips or the units will have properties that are barely taken care of. It will just bring low income to good neighborhoods and ruin everything. I cannot wait until this stupendously backfires on the county and they panic as their budgets get blown up after there is mass exodus of high tax paying citizens. |
I think we maybe need to get some facts straight.
This proposal would allow up to four residences to be built on a lot where just one residence is allowed. This would mean that an individual or a developer could purchase a SFH lot when it becomes available and build what amounts to a small set of townhomes. This ASSUMES that all existing setback and other lot coverage rules are maintained. It is ALREADY allowed to have accessory dwelling units on a SFH property, either detached or attached. So already you can have multiple families on a lot. These individual buildings will be relatively expensive. We are not talking about large apartment blocks with rent-capped units...but townhomes. Taxes will be paid. The valid issues to be addressed are parking and school capacity. Everything else is catastrophizing. |
LOL. That’s probably exactly what they think. |
Why in the world do you think these people would be below the poverty line and not paying income taxes? |
That is incorrect. Most of these small multifamily units are not going to provide homeownership opportunities. Investors will be buying up single family houses to replace them with multifamily rental properties. It will reduce the number of ownership opportunities and make homeownership less attainable for MOCO residents. The risk adjusted return for selling individual units of small multifamily buildings is usually not favorable. |
There is a lot here that is false or intentionally misleading. Which is typical for you folks. |