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Reply to "Arlington losing families"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]A better alternative to MM would be for the county to offer downpayment assistance or low interest loans to county employees making under a certain HHI. This would enable schoolteachers, law enforcement officers, etc. to actually live in Arlington. MM seems more like a boon to developers rather than a targeted path to homeownership for truly middle class folks.[/quote] A low interest loan still isn't going to allow a schoolteacher to afford a 1.5 million house. Get some perspective. [/quote] This. Unless downpayment assistance means the county paying for 75% of the house, no teachers are moving into single family homes in Arlington [/quote] Are you assuming the teacher is the sole income earner? Then no. But this thread is discussing families, which in many close in suburbs includes two working parents.[/quote] Fine. A teacher and a government worker. $1.5 million is still a ton of money for them (and out of their reach). You have no perspective.[/quote] So MM is the answer then? Because those houses are fairly unaffordable to middle class people too. The only difference is that the builders are getting rich and buying the new $3M houses in 22207. Perhaps you’re the one missing perspective. [/quote] That wasn't the question. Keep up. The question was whether subsidized down payments or low interest loans are the solution. [/quote] I think you should reread the initial post and work on your comprehension. The premise was that those options are better alternatives for incentivizing for middle class families than MM. Then MM advocates accused me of “lacking perspective” because poor lowly teachers could in no way afford a $1.5 million house. As if a single parent teacher and the $1.5 million house are the only possible purchaser and housing option in Arlington. MM cheerleaders are so delusional.[/quote] But they're plainly not better alternatives. They are in fact terrible and pointless alternatives that won't help at all.[/quote]
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