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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think if you don’t understand that supply going up lowers prices, it’s probably time to sit down.  Wah wah it’s only modestly, you cry.  Yeah but you dont even want that.  Because you dont want supply to go up because it runs counter to your economic incentives.[/quote]

This is an economic theory/principle and just like many things in life, what should happen in theory does not always happen in reality. For this particular area, increasing supply has not historically and is not currently lowering prices. So you can shout that supply and demand always have an inverse relationship, but in this case you are wrong and instead of finding other solutions and pivoting you're digging in your heels. You won't ultimately get what you want and this is now becoming bad policy.[/quote]

You’re going to have to show your work, buddy. But sure, if we say refuse to build apartments on the RFK lot, then rent on the (nonexistent) RFK apartments will be much lower. [/quote]

I have to show my work? What does that even mean? I work in the industry. I would love for there to be more housing, especially affordable housing and smart development. I have helped finance and build many successful projects in the DMV since the 90s. Supply in housing in the Washington, DC metro area (as defined by HUD) has not lowered prices in the last 30 years. Do your homework instead of trying to come up with what you consider are witty retorts.[/quote]

lol you work in the industry?  As an economist?

the fact that supply went up and prices went up doesn’t mean increasing supply doesn’t decrease prices.  I’ll let you figure out why.[/quote]

Sometimes increasing supply leads to dramatically higher prices. Everyone knew this before we decided to rename gentrification as "increasing density"[/quote]

Most transparent rebrand ever and the YIMBYs fell for it. [/quote]
 
Only if you’re a typically dishonest and low-IQ NIMBY who believes your dumbest lines are brilliant.

gentrification means people moving to a neighborhood that previously had less demand, thereby sharply raising the housing costs. IOW textbook supply and demand. It is true that some people fight the development of new buildings in the name of “gentrification” but they are using the term incorrectly. NIMBYs have exploited working class communities to do so (see Kingman Park). [/quote]

YIMBY/ Arlington homeowner not worried about pushing out locals via raising home prices with increased density and fighting about the definition of gentrification is so hilarious. You literally do not care about the lower income people in certain neighborhoods, that were considered "less desirable" (to who? you? to people who want $1.5+ million dollar missing middle housing?), and already lived there because it was affordable, who had already built a community, and now are getting pushed out because YIMBY told them "we know better, and this is best".  The fact that you openly don't care, and think you're doing these people a favor is mind blowing.

Smart density is great. But your attitude is awful and needs to be checked. [/quote]

Yes I’m sure you truly care about the poor people of Arlington County. give me a break. we all know you are posting on the schools board about how horrible all the FARMS and ESOL kids are. [/quote]

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