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Real Estate
Reply to "Oh, Chevy Chase (DC affordable housing)!"
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[quote=Anonymous][quote=Anonymous]These complexes become eye sores quickly. My old town way back in 1967 they let a 30 unit Garden Complex rental property in town. Only rental complex in town. Was shinny and new and affordable. All good. By 1979 was run down already those transient tenants were annoying and disturbing to the SFH home zoned area. The mayor and building dept. ordered building to fix it up or he would pull his CO. He did not have money. Town worked it out he converts to Condos, would get interest free loan to fund renovation and town would fast track permits and charge no fees. He did. Building code changed rental buildings illegal. Popping 30 lower income families in a rich neighborhood sounds good in paper. It is not. So why allow in first place?[/quote] So let me ask you something. Are you ok with “rich” people moving into “poor” neighborhoods and gentrifying them so that the housing prices go up? Or is it just that “poor” people can’t move to “rich” neighborhoods. Is this a one-way thing?[/quote]
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