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Reply to "MoCo “Attainable Housing” plan and property values"
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[quote=Anonymous]It will ruin neighborhoods and reduce properties values in some neighborhoods without protections from excessive density. Neighborhoods with protective covenants and HOA's that prevent multifamily housing will become more valuable. Some properties close in that have higher redevelopment potential will increase in value due to higher land prices. Many of the others will lose value and resident quality of life will go down hill. Single family communities close to high quality private schools with strong HOA/Covenants to protect thew neighborhood are likely safe. However, many middle class homeowners in desirable school attendance zones will be financially destroyed if this passes.[/quote]
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