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Metropolitan DC Local Politics
Reply to "Arlington "missing middle""
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I don’t know much about this plan but I am sceptical of an economist who says increasing the density and amount of available housing will drive housing prices up. [/quote] Have you read the plan? Someone on here linked to it before, and even the 8-plex units were like $500K each and the townhomes were around $1.5 million. It's definitely a plan to increase density because housing at those prices won't do anything for low-income workers.[/quote] Just to follow up, this article has the slide with expected pricing. Examples: $520K to $670K for an 8-plex $1.1 to $1.4 million for a duplex Good luck to the non-profit workers who think this will benefit them. Plenty of inventory out there already that is more competitively priced than this MM housing would be.[/quote] Link here: https://dcist.com/story/23/01/20/arlington-county-missing-middle-housing-plan/[/quote] That’s actually a really interesting thoughtful article. I think it makes the point that yes developers are going to build expensive homes but the question is whether encouraging that in the long run pays off. No one should expect these units will immediately become the missing middle but I think increasing the amount and density and types of housing is going to bring down costs over time. [/quote]
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