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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I grew up in dc - in a row house. That house now has three condos in it. I’m sure each one sold for close to or more than a $1 million. So two things.

1. There are thousands of homes and in many  neighborhoods that can be subdivided.

2. Allowing people to subdivide lots is not going to lead to affordable housing.

[/quote]

And what do you think it does to the supply of affordable housing to make it *illegal* to subdivide lots? 
[/quote]

It's not immediately clear to me why people immediately leap to affordable housing, as though, if it doesn't lead to housing affordable by people with 80% AMI, it shouldn't be done at all. The area needs more affordable housing, yes, but it also needs just plain more housing (unaffordable housing?).[/quote]

After 10 pages of this thread, it's abundantly clear. It's because the people opposed to zoning reform are not arguing in good faith.[/quote]

I was thinking the same thing about you. Nobody will explain the economics that justifies getting rid of current zoning rules. It’s got to be something a little more detailed with a few hypothetical examples. You are asking for a major shift in policy. What will it accomplish in a market in DC where an empty lot costs $1 million’ ?.[/quote]

Increasing density and decreasing land use restrictions has been shown time and again to either lower housing costs or slow the pace of housing cost increases. There's plenty of academic literature on the subject if you are unsatisfied by hypotheticals. Here are some good papers to get you started:

https://www.newyorkfed.org/medialibrary/media/research/epr/03v09n2/0306glae.pdf
https://onlinelibrary.wiley.com/doi/abs/10.3982/ECTA9823
https://pubs.aeaweb.org/doi/pdf/10.1257/jep.32.1.3
https://www.fanniemae.com/media/35821/display
https://faculty.wharton.upenn.edu/wp-content/uploads/2017/05/Regulation-and-Housing-Supply-1.pdf
https://pubs.aeaweb.org/doi/pdfplus/10.1257/mac.20170388
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3867764
https://lao.ca.gov/Publications/Report/3345

[quote=Anonymous]It’s got to be a little more than ‘I want to live in ward three and I can’t afford to.’[/quote]

When has anyone said this? Be honest.[/quote]

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