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Metropolitan DC Local Politics
Reply to "upzoning: what will it really change?"
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[quote=Anonymous][quote=Anonymous]It’s less the upzoning itself and more the lack of infrastructure funding. You bring in more people, you need more capacity in school, on roads and transit, and other services. The problem lies in the “incentives” for developers to build more, which often means waving impact taxes for a decade or more. Somebody has to pay for things, and it’s pretty much always going to be the residents. Either existing homeowners through property taxes, or new residents through costs being pushed onto housing costs. Developers NEVER make any concessions. They ALWAYS maximize profit. [/quote] You can solve that problem by getting rid of the incentives. [/quote]
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