Reply to Wes Moore Wants to Destroy Your Neighborhood

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]its all a grift to YIMBY's and for the state/county to get more property tax revenue.

if I go into bethesda/potomac and knock down a 1.5 to 2M home and put 4 -$900K townhomes, they get taxes off 3.6M instead of 2M.

and even though this happens, property taxes wont even go down or flatten out.

its all robbery[/quote]

That creates more housing at lower cost, which most people would say is a good thing.[/quote]

No, it doesn't. Prices never come down. It just makes the margins fatter for the bankers, lawyers, consultants, developers, and institutional investors behind the rentals.[/quote]

Rentals which are cheaper than a 2 million dollar home. You miss the entire point bozo.

Jesus you NIMBYs are thick.[/quote]

DP. You don’t seem to understand how this works. We need the $2 million homes because otherwise the people who buy those homes will compete for cheaper homes and cause those prices to go up. [/quote]

You're missing the point about being able to build more homes.

You'll also see some of those people seeking detached single family homes look further out from the city where land is at less of a premium.
[/quote]

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