Reply to MoCo Council Vote Today

Forum Index » Metropolitan DC Local Politics

Reply to "MoCo Council Vote Today"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]People here need to realize that "inclusionary zoning" only exists because people won't accept a real tax to support affordable housing, so counties mandate the builders set aside units for poor people. It is a hidden tax on middle class renters due to lower supply.

What goes unsaid is that rich homeowners are not affected by this policy. In fact, it enriches them because it reduces the supple of housing.

This is why NIMBY homeowners yell about "affordable housing". They don't actually care - they just want renters to stay poor and stop development.[/quote]

That’s ludicrous. Also, pay attention. The county just passed a tax abatement that will defer taxes for 100% for 20 years for these developments. That means taxpayers will be footing the bill for all of the infrastructure and schools and upkeep in the meantime. That’s a tax on everyone so that developers make more $$$. That hurts middle and working class people. That makes cost of living higher and quality of life lower. [/quote]

Funny, I thought schools were for kids and families, not developers.[/quote]

Funny I thought the schools, the transit, and the roads made properties more valuable. You’re just trying to capture public investment as part of your profit margin. Do you actually build anything or do you just buy and sell real estate?[/quote]

That would make more sense if schools weren't already a public good and required by the state constitution.

Public infrastructure and services have historically been paid for primarily through taxes- "paying back" for the construction through their taxes that go to other new projects elsewhere in the county, that repay bonds, and that fund the maintenance and operation across the area.

Now that you're already a resident, you want new residents to pay twice-- first through development fees and then through taxes.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics