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Metropolitan DC Local Politics
Reply to "Is there a coherent argument that loosening zoning laws will lead to affordable housing in DC? "
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[quote=Anonymous][quote=Anonymous]It doesnt. If the mayor wants to preserve current affordable housing, grandfather people in or whatnot. Building more housing will simply draw more people in as you say .[/quote] No it doesn't work that way. At all. Lots of existing housing is being rehabbed and flipped or in some cases being sub-divided to create additional units - in fact that is usually the first step towards housing prices going up in neighborhoods, not new condos and apartments. Big developers have to outlay a lot of money to build housing and are almost never the pioneers in gentrifying neighborhoods - small scale developers usually are. And I don't know what you are talking about WRT to grandfathering people in unless you want some sort of freeze on rents and housing prices - I don't think anyone who owns property in DC would ever go for such a nutty idea and I can't imagine how it would be legal. [/quote]
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