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Reply to "MoCo “Attainable Housing” plan and property values"
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[quote=Anonymous][quote=Anonymous]An interesting take in which a building restriction is placed by a home seller, helping protect their neighbors and community from these developments. This ensures nothing but a single family home is built. https://www.dcurbanmom.com/jforum/posts/list/1212773.page[/quote] Whether the seller would be around to enforce that is uncertain. There does not seem to be a way, short of creating an ownership interest in the property by neighbors, of making that enforcement likely to happen -- such an arrangement would be costly and legally fraught. It's pretty hard to create effective neighborhood covenants after development, as that likely would require the assent of every property owner, whereas the developer could make that a unilateral decision (where legal, and understanding the balancing of risk of turning off potential buyers with the additional intetest that other buyers might show in having neighborhood protection). Not requiring the buy-in of every owner might be something like pursuing historic district designation or municipal incorporation with zoning authority. The former only could apply to very few neighborhoods, and the latter almost certainly wouldn't be considered by the state for such small areas, which likely wouldn't meet the variety of associated litmus tests, anyway. In short, it's the existing zoning/zoning authority that provides the rules on which residents rely. It's clear that the current Montgomery County Council and Planning Board don't value those protections as much as they value density.[/quote]
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