Reply to Is there a coherent argument that loosening zoning laws will lead to affordable housing in DC?

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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][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]

Give rich people what they want, and there will be dregs for average people! In the far suburbs! Awesome. [/quote]

The rich people in Ward 3, and similar places, want to stop development.  Send the lesser folks somewhere  else, as  far away as possible.

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It's the density people who want to push out poor people to make way for their million-dollar condos. [/quote]

[b]No, I am a density person in Ward 3, and what I want is (a) new buildings with affordable housing in them to replace empty lots, (b) zoning that allows for apartment buildings and other multi-family housing throughout the ward instead of just big single-family homes, and (c) taller buildings in general to allow for more housing in the area. I want more poor people to be able to move TO the neighborhood[/b].[/quote]

None of this stuff will actually result in lower housing prices. That's the whole point of this thread. [/quote]

No, actually, buildings with units designated for affordable housing will lower housing prices. As will different kinds of housing (like, for instance, smaller apartments that a family could live in instead of only $1 million SFHs). As will an increase in supply, generally. No one has offered any evidence that a broad, deliberate policy to increase housing and specifically target housing affordability would not reduce housing prices. There's just been a lot of assertions that, for instance, building condos will make the area more desirable and therefore more expensive.

[b]But if you knocked down my house tomorrow and replaced it with a six-unit building full of two-bedroom condos, every single one of them would sell for less money than my house would if sold as a single family four-bedroom house. That is to say: Housing prices would be reduced[/b].

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Ill do you one better: How about we knock down not only SFHs but also all one-, two- and three-bedroom condos. Replace them all with studios. No one in the District gets more than 450 square feet. Housing would be way cheaper then. [/quote]

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