You're complaining about the Ag Reserve, which has existed since 1980. You're also complaining about Clarksburg, whose master plan has existed since 1994 and which is not, actually, really expensive. And then there's Crown, which is infill, and the City of Gaithersburg annexed it in 2006 (after years of discussion). Maybe people got in their time machine and retroactively instituted these evil plans? |
Please consider the idea that this is bad housing policy. |
Remind me what are the fees that developers pay to build SFH in Crown and Clarksburg and are they three or four times higher than what developers pay to build apartments in Bethesda? Do you think maybe those fees have suppressed new SFH supply and made prices go up for everything? And didn’t planning and chief YIMBY Hans Riemer actually want to make those fees upcounty even higher? |
Is Hans Riemer in the room with you right now? Any fees at Crown are set by the City of Gaithersburg. Crown seems quite close to build-out. Clarksburg is also very close to build-out, so no, I don't think those fees suppressed supply. |
Says who? So called experts. Housing policy is not a science. MoCo was once a thriving county primarily due to a strong and extensive middle class and upper middle class, many of whom owned SFHs. You want to destroy that. You apparently want to convert MoCo into a mostly renters market. You want to reduce the ability of residents, of all classes, to generate wealth through ownership of their homes. The net result will be a poorer county, unable to fund social services, because the residents who pay the taxes (which is entirely the middle class and above) will move. Buying a condo or a duplex/quadplex will rarely generate wealth for owners. A better idea is to expand opportunities for wealth creation. A better idea is to look to the miles of underutilized commercial properties for apartments, condos, townhouses (preferably), etc. |
As much as it might be bad housing policy, you can’t get around the fact that land is an asset with a fixed supply. It’s going to appreciate, especially when you artificially limit the developable supply. My land will almost certainly be worth more than what I paid for the land and house by the time I sell. |
We just need to make sure that, if this missing middle legislation is passed, the council provides some metrics showing how the developer impact fees will be structured to meet additional stress on infrastructure. First they’ll have to calculate estimated effect per added unit, but I’m sure that they’ll be happy to do so of this proposal has any basis in reality. |
No, impact fees are set by the county. Otherwise, you seem to know a lot about development in Montgomery County except how it actually works or what built out means. |
I assume this means "regulate land use"? You know what artificially limits the developable supply? Zoning most of the county so that the only housing you're allowed to build on it is single-unit housing. |
Ok, you're right, the City of Gaithersburg does not set its own impact fees. However, the City of Rockville does. https://www.rockvillemd.gov/DocumentCenter/View/887/Public-Works-Development-Fees?bidId= |
Closer but still wrong. |
I never said zoning didn’t limit the development potential. But there’s no question that upzoning will also increase the revenue potential for every piece of residential land in the county, which will also increase its value, making SFH even less affordable. We’re so lucky to have you advocating for affordable housing with your mastery of market economics. It would have been a tragedy if you had dedicated your skills to NIMBY causes. |
But it’s not. I mean, seriously, if you listen to some of the YImBYs they will claim that housing should be a depreciating asset and that they should come up with strategies to lower land value. They are children. |
They’ve confused landlords tax avoidance strategies with the actual value of things in the economy. |
On the one hand, there will be lots more housing built for people to live in, in locations where housing should be built according to county housing, transportation, and environmental policies. On the other hand, there be fewer detached oneplexes than currently, and it might cost more to buy a detached oneplex in some parts of the county. I'm ok with that. The NIMBYs seem to be doing just fine making the case against NIMBYism for themselves. |