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Metropolitan DC Local Politics
Reply to "Arlington "missing middle""
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Move somewhere you can afford.[/quote] And when 6-plexes get built north of Langston Blvd with homes under $1m each, households who can afford those homes can move into them. [/quote] People who can afford $900k townhouses are not what proponents of “missing middle” want. They want places for the poor. [/quote] But people who move into those townhouses creates more room at the slightly less expensive houses they would otherwise buy, which trickles down and increases availability at lower price levels.[/quote] How will only 20 MM developments spread across the county have an impact on prices and when has trickle down economics ever worked?[/quote] Filtering isn’t “trickle down economics.” Trickle down is the idea that giving rich people money will spur investment that (maybe eventually) create gains for everybody else. Adding housing means more supply for buyers to bid on and fewer competing bids that push up prices. [/quote]
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