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Metropolitan DC Local Politics
Reply to "Marc Elrich doesn’t think there “is demand for market housing.” He’s never going to fix our housing."
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[quote=Anonymous]I think Sesker has the right idea. https://harpswellstrategies.com/ten-things-i-know-about-the-mo-co-economy-and-you-should-too/ "Our biggest and highest value-add industries aren’t growing very much, and in some cases are shrinking. Among the industries that are performing well are some that really can’t keep growing indefinitely (e.g., manufacturing, government). Countywide, household growth is concentrated at the low-end of the income spectrum. The real estate products (e.g., warehousing, data centers, etc.) that are being built elsewhere aren’t products that are likely to lead to a boom in Montgomery County. What does that leave us with? Strong growth in localized areas can drive revenue increases, economic growth, and lead to increases in property values in surrounding communities. The next big investments that are needed are public sector investments – in infrastructure and community facilities – that change the character of the built environment for the benefit of current residents and workers. Making those public sector investments now will benefit not only the residents and workers of today but will make possible the transformative private sector development projects yet to come. And while it is fair to say that I have clients in White Flint, that isn’t why I am biased – I have been advocating for more investment in White Flint for the better part of 15 years because it is the most logical location for large-scale redevelopment activity in Montgomery County."[/quote]
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