Reply to MCPS nxt Boundary Analysis December 14 at White Oak Middle Oak,

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Rather that busing we should take the Chevy Chase Country Club and Georgetown Prep campus by eminent domain and sell it to developers to build mixed use communities with new high schools at each site, with a stipulation that 30% of the housing be affordable housing and be available to Section 8. Rather than pit upper middle class people against lower middle class and working class people, let’s put the burden on the 1%. Let’s see how much the “progressives” on the council go for that idea.[/quote]

It's already 12.5-15% of all new housing in new developments in MoCo must be low-income housing. You can see a bunch of just a few hundred yards from CC country club, down Bradley near the fire station.[/quote]

And the funny part is how so many people don't understand that requiring below market housing forces up the cost of the other units (so even fewer people can afford the new units) and on and on it goes.  Economics is a thing.[/quote]

Economics is a complicated thing. The [b]MPDU requirement does not necessarily increase the cost of other housing[/b]. Sometimes developers even proffer a greater % of MPDUs than required.

Plus the market alone cannot supply decent housing for people with low incomes, because the cost of building and maintaining that housing is more than they can afford - [/quote]

Are you kidding?  [b]Do you really think that the developers eat the cost of selling below market units[/b]?  Yes, the people purchasing the other units do.

Of course the market cannot supply decent housing for people with low incomes IN EXPENSIVE LOCATIONS.  It is the excess demand for housing or other uses for that particular location that makes the land expensive.  Yes, lots of people want to live in close-in DC suburbs, but not everyone gets to, because the market determines which people find the location most valuable.  Distortions like this absolutely drive up the cost for others.[/quote]

I don't know how closely you follow this, but let's start with the fact that the MPDUs at the Lauren in Bethesda are meaningfully different from the market-rate units.[/quote]

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