Reply to MoCo seeking feedback on proposal to limit single family zoning

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]EXCLUSIVE single family zoning. Everywhere where it is currently allowed to build single family housing, it will still be allowed to build single family housing.[/quote]

It just won’t be commercially viable unless you can get more than $2 million for it. [/quote]

Ok, so for new buildings, there will be (for example) two units on the piece of land instead of one? That seems like a win. More housing units for people to live in.[/quote]

Duplexes don’t pencil. It’s a waste of time to talk about duplexes. They’ll need to build triples or quads to make it work. It’s great except for people who want to buy a townhouse or detached SFH. You know, the people who planning says we need to keep in the county by having cheaper housing. Most of them aren’t leaving for apartments. [/quote]

If no one wants to buy them, then they're not going to be very profitable.[/quote]

Great. So a neighborhood will be negatively impacted by greedy developers squeezing triplexes into SFH plots (which in Silver Spring and Wheaton) aren’t that big and then they don’t sell so everyone’s property value goes down. But I guess this is what YIMBYs want? They don’t want to save and scrimp for that house they want to ruin other people’s neighborhoods and get houses dirt cheap. [/quote]

I am a bit confused about these greedy developers building housing they can't sell. Wouldn't greed motivate them to build housing they [u]can[/u] sell? Or is there some secret formula whereby greedy developers make more money building housing they can't sell than housing they can sell?[/quote]

Because they are going to be developed primarily as rentals.  Was that really so confusing?[/quote]

Not PP, but I am confused.  You are saying the developers that buy the lots that had single family homes and build a multi-unit will not be able to sell them at all?  They will hold them and rent out?  Isn't it more likely they will sell to a management company/landlord?  And either way, how do either of those things mean that property values go down?[/quote]

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