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Metropolitan DC Local Politics
Reply to "all these affordable housing do gooders are doing the billionaires' work"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Of course they are doing billionaires work. Ezra Klein and Peter Thiel are buddies. It’s all part of the plan. The YIMBYs are just the useful idiots of the left, the analog of the MAGAs on the right.[/quote] Oh no! Affordable housing! How scary! I wonder if you honestly believe this or are just trying to stir the pot.[/quote] [b]Housing is already affordable. [/b]YIMBYs like to conveniently act as though incomes in this area aren’t astronomical. The median HHI in Moco is about $170k. With the high salaries here, people easily fill up all the apartment buildings that they claim are not affordable. And if you’re at the lower end of the income scale, you can live in an older building, live further out, and/or get a roommate. The options are there. We don’t need to give handouts to developers, change zoning, or manipulate the market to make housing more “affordable” (which paradoxically just raises prices for people who don’t qualify for affordable units). So yes, YIMBYs are idiots. [/quote] You are f-ing delusional. [/quote] DP. The broad statements about housing being unaffordable are misleading. It is true that too many people are rent burdened. Few of the programs implemented help these households because they are aimed at market rate housing. It is also true that the price of homes for purchase has gone up too fast. Here again, the programs implemented don’t help prospective buyers. In fact, some of them will decrease the number of homes available for purchase. Median rent in Montgomery County is well below 30 percent of median household income, and over the past two decades, rent increases have been lower than broad inflation on an annualized basis. This suggests that the rental market is in balance or slightly loose. More recently, since rent stabilization took effect, rents have fallen year over year. The two parts that still need to be solved for are low-income, rent-burdened households and [b]stimulating production of homes for purchase, especially townhouses[/b]. [/quote] So exactly what YIMBYS are pushing for. :thumbup: [/quote] YIMBYs push for houses or ADUs, which gets twisted into housing. Invariably, housing comes to mean high density so that the local government can just build one big apartment building. Surprise, lots of housing and no one is happy. Apartments don't attract the high earners for long. And again, apartment renters short change the local property taxes. [/quote] Renters don't short-change local property taxes, their landlords do.[/quote]
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