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Metropolitan DC Local Politics
Reply to "Alexandria City Building Height/ Hyundai SUP Approval."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Not really seeing how this helps with housing prices. Demand for housing in those areas is essentially unlimited. This isn't going to push prices down. I guess someone will buy those housing units instead of one further out in the suburbs and maybe that will reduce prices in that area, all things being equal. Not sure the purpose of putting more housing in Alexandria was to reduce housing prices in Sterling, though. [/quote] If demand is unlimited, additional supply is the only lever you have. And you also can't really build on more land for water retention reasons (though ADUs allow this to some extent). Building taller is what you've got left. Or I guess crossing your arms so the only building happens in Sterling, but that's bad for affordability, traffic/pollution, tree canopy, and Alexandria's tax base all at once.[/quote] It just seems pointless. It's not going to reduce prices but it will definitely reduce the quality of life for people who live there (no, I don't live in Alexandria). Seems like the only thing that's accomplished is that it gives people the feeling that they are doing something to address affordability. [/quote]
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