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Metropolitan DC Local Politics
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]2. Those condos may be cheaper than a SFH but they still aren't remotely affordable. The price per square foot is off the charts.[/quote] Price per sq foot is high. But by allowing people to buy less sq ft, we give them a lower cost option. [quote] We regularly see ones go up that cost $1 million. (That in turn is pushing up the price of SFHs. The value of my house has doubled in five years. So, thank you, density people -- you're making single-family homes a lot more valuable). [/quote] No, the increase in demand is making SFHs more valuable. [quote]3. Single-family homes and condos appeal to very different demographic groups. Simply put, people with children don't want to live in glorified dorms. If you replace SFHs with condos, you're pushing out people with children to make way for childless adults. DC is already hostile to parents. I don't know why we want to give parents yet another reason to leave for the suburbs. [/quote] 1. we are not forcing SFHs to be replaced with condos - we are ALLOWING it. If the property owner wants to do that 2. Many people with children live in condos or apts. Indeed is not one of the arguments against more multifamily that will overcrowd the schools? I see a contradictions 3.I don't think we want to give anyone a reason to live further out. But I think you are wrong about how the market segments. Aside from families living in multifamily, there are single people living with roommates in houses. [/quote]
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