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Metropolitan DC Local Politics
Reply to "Is there a coherent argument that loosening zoning laws will lead to affordable housing in DC? "
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[quote=Anonymous]Let’s say that a developer replaces a $2 million Victorian house on a 50 foot lot in Metro-accessible Cleveland Park with 6 high-end condos that cost $600,000 each. They’re expensive, sure, but they’re quite affordable to more people than is the $2 million house. And DC gets more tax revenue to spend on truly affordable housing elsewhere in DC. Win-win.[/quote]
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