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Metropolitan DC Local Politics
Reply to "Greater Greater Washington as a news source"
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[quote=Anonymous][quote=Anonymous]Increasing density is the same thing as gentrification. If you replace single family homes with condos, what happens? You have more people living in the same place. What happens then? Bars and restaurants and stores move in, because they want to be in places with lots of foot traffic. What happens then? The price of those condos starts to spiral upwards because everyone wants to live within walking distance of bars and restaurants. People build more condos, which leads to more bars and restaurants, which makes more people want to live there, which sends the price of condos to the moon. Pretty soon, you've created U Street, where a 600-foot condo costs more than the three-bedroom house that used to stand there. There's lots to recommend in this scenario. It's great for the tax base, and who doesnt like new bars and restaurants? But don't pretend you're creating affordable housing when you're really doing the opposite. You create a lot of high-priced condos and you pushed out a lot of poor people to make room for them. [/quote] But wait! Who is moving into those condos? People from the suburbs of course. That then opens up spots in their old places in the suburbs, which is great if you want to live in Manassas, although I thought the point of increasing density in the city is to create affordable housing in the city, and not in some far-off suburb. [/quote]
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