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

+1.

There's actually a lot of affordable housing in Washington. It's just not where people want to be -- they want affordable housing that's surrounded by coffee shops and cool bars and has great schools. [/quote]

If there's so much affordable housing, how come such a large proportion of people are spending such a large proportion of their income on housing costs?[/quote]

DC is not the only place where it's happening, wages are out of proportion with what people earn even in higher income brackets in most parts of the country, especially cities with more robust job markets.  Even 6 figure income professionals today are spending more of their take home income on housing than a decade ago, the housing costs have risen disproportionately to incomes.  Do you think NYC poor don't spend most of their earned income on housing unless they live in public housing? If your answer to DC problems is increasing density to the point where it become like NYC then you are also ok with large swaths of public housing and all the blight that comes with it, as NYC isn't really fixing its problems like crumbling conditions and crime.   My point is that building more highrise housing isn't going to save DC when majority of it is high priced condos and luxury apartments that are more expensive than existing housing stock, just building boom in Manhattan over the last decade had made zero ding in pricing. Another idea of building swaths of public housing just isolates problem populations and creates other issues. [/quote]

We're back to the idea that increasing housing supply won't reduce housing costs. Will it reduce housing costs to the point that poor people can afford to live there? No, the market won't solve that problem. But it will reduce housing costs. The only way it wouldn't, is if people continuously kept moving in from elsewhere into the newly-built units, such that demand always equalled supply. Is that what you think will happen? It's not what I think will happen.

Also DC has a looooooooooooooooooooong way to go until it becomes as dense as NYC.[/quote]

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