Reply to $2.25 million for half a duplex in Del Ray?

Forum Index » Real Estate

Reply to "$2.25 million for half a duplex in Del Ray?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]It's gorgeous. But duplexes as missing middle? Guess not.[/quote]

Missing Middle is a hoax. A scam. A builder's boon. The idea that the buyers of this property would move out of a home and therefore add affordable units to general inventory is a farce. The buyers of this property would most likely be moving out of a 1M- 1.5M property. That does nothing to help the teachers and cops.[/quote]

It’s interesting to look back at the city’s missing middle analysis https://storymaps.arcgis.com/stories/d8ed3a93b08e4f7797423722a72a467b

“Equity Impacts: Removing restrictions on units per acre would allow smaller units to be constructed, which could marginally improve affordability.”

Or in reality, a developer buys a run down 2,000 sq ft SFH for $1.3 million, tears it down and builds two 4,000 sq ft sides of a duplex for $2.25 million each…

I’m not opposed to building these lux duplexes, they are quite nice, but wow did the equity&affordability proponents miss by a mile.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics