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Metropolitan DC Local Politics
Reply to "The DMV needs a YIMBY revolution "
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[quote=Anonymous][quote=Anonymous]Every time I see new housing being built whether it is apartments, condos, or single-family homes, it is not cheap or affordable for most. New 1bdr apartments are foing for $2k on the low end. New townhouses are going for $450k on the low end. New 1bdr condos are priced at $400k on the low end. Furthermore, new housing seems to be built with single people or couples without kids in mind. Most new housing is narrow and cramped. Not suitable for families with more than 2-3 people. Upzoning does not work in the DC area (and probably most major and mid-size cities). At best, it may slow the growth of housing costs, but it does not make it any more affordable with these stagnant wages. I consider myself a liberal. But people advocating for upzoning in nearly every area where there is single family housing are naive. They do not understand the impact of density on property taxes and how that impacts community resources. [/quote] The federal government is going to subsidize your purchase. That will lower prices![/quote]
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