Lol NYC is not a good example of housing production obviously. Look to Tokyo - they create TONS of housing and hence it is affordable: https://www.nytimes.com/2023/09/11/opinion/editorials/tokyo-housing.html |
From the article: “Two full-time workers earning Tokyo’s minimum wage can comfortably afford the average rent for a two-bedroom apartment in six of the city’s 23 wards. By contrast, two people working minimum-wage jobs cannot afford the average rent for a two-bedroom apartment in any of the 23 counties in the New York metropolitan area.” |
Y'all are obsessed with supply and completely ignore demand. You need both to arrive at a price. There's five million people in the DMV. Don't you think there's literally millions of people who would like to live in Arlington and have a nice short commute and live in a nice community with great schools? If you don't built enough supply to accommodate the demand (and you can't), then prices will only go up. Affordable housing in Arlington will never, ever happen, no matter what the government does. |
| I wish Arlington had passed a law that would trigger missing middle housing once it was allowed in other nearby counties. Arlington is too small to impact housing prices on its own. But if DC, Fairfax and MoCo also made changes, maybe as could get somewhere. |
Makes you wonder how the article's claim of only about a quarter of the wards in Tokyo being affordable might play out here. Ginza? Akihabara? (Not sure of spelling. For that matter, not sure of thr relative desirability, but taking neighborhoods I'd seen some time ago.) Are the closer-in areas of the city with nicer environs part of the 25% that exhibits affordability or of the 75% that doesn't? I'd guess the latter, and the same for any area that provides one set or other of desirable housing circumstances. If you took farther out parts of SE & NE DC, some inner parts of PG, some more far-flung parts of the large surrounding suburban counties and much of the exurban counties, I'm pretty sure you'd find places with affordable rental housing stock. Maybe even 25% of the MSA. |
It wasn’t meant to lower prices. |
I literally just posted on how Tokyo did that. In the US it is also well known that cities like Houston do a much better job. |
Affordable for two low wage workers? Probably not. |
It is well known that Houston friggin blows, and that referring to how foreign cities supposedly did something or other sounds a lot like talking about your super hot girlfriend in Canada that no one has ever met. |
Correct, the purpose was to incentivize middle-sized housing in Arlington, not to lower prices in the DC metro |
There's already a ton of "middle-sized" housing in Arlington -- townhouses and condos are everywhere, and there are tons for sale because they are less desirable than houses. The purpose was that developers wanted to make more money. |
It there isn’t any demand for them, then the builders won’t build them anymore. |
Sorry no, the rules of supply and demand do not apply in Arlington. |
Sure, that’s why Houston has massive population growth … |
How many white "modern farmhouse" McMansions have popped up in her neighborhood that she HASN'T protested? How exactly are those monstrosities preserving the character of her neighborhood? Oh they're not, they're just preserving the WEALTH of her neighborhood. Snobs. |