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Reply to "MoCo “Attainable Housing” plan and property values"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]To the actual topic at hand, for this to be successful, folks are going to have to sell to developers. Personally I have a property prime for this new plan, walkable to two metro stations (equidistant to both), right on a major corridor and entirely walkable. It’s why we bought the house. I’m not selling it until my kids are grown and away. But if a developer offered me 3x the value to walk away I totally would…. So to me, this could be a windfall. And I suspect my neighbors think of it the same way—- it won’t come to fruition unless developers pay up for the properties [/quote]I agree. If I were in the zone (we're just outside of it) I would be planning to either (i) sell out place to a developer, or (ii) build a 2-3 unit building that would be suitable for retirement (an accessible unit for us and 1-2 rental units for income). And I can't get over the comments, and the subtext, on this thread. Racist, classist, the belief that people who live in multi-unit housing will destroy the neighborhood, Westbrook is now a Title 1 school because they redistricted an apartment into it, etc. It's appalling. [/quote] Developers paying a homeowner a boat load to redevelop their detached house into a quadriplex benefits the person receiving the cash, but does nothing to help their neighbors. It's not win-win. And then there are the concerns about school capacity and other infrastructure, and similar concerns for those currently residing in the affected areas, which are expressed without that racist/classist invective. And they are treated as though they are invalid as density promoters frame them as having the same bias, even as they are presented without it, in order to avoid addressing those issues head on. It's appalling.[/quote] Well, it helps the developer, the seller, and the four people moving in. And even if it doesn't help the neighbors, the belief that it will destroy the neighborhood is just Chicken Little, sky is falling speculation, bordering on hysteria. [/quote]
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