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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The obvious answer here is to increase the supply of housing -- by so much that no one will want to live here. Tear down all the single family homes, beginning with all the gorgeous old rowhouses. Replace them with modern-day tenement housing. Pack as many people in as humanly possible so that everyone is mean because they don't have enough space to live (just like in NYC!) and so that the entire infrastructure -- the schools, the electrical grid, the water system, the transportation system and everything else -- is on the verge of collapse. Only then, when DC is ugly, horrible place to live, and when no one in their right mind will want to live here, will you finally control housing prices. Mission accomplished! Yay! [/quote] Fortunately nobody is proposing to do anything of the sort. But your dislike of apartments is evident.[/quote] I think you just need to pack up and move to NYC. Really. There is nothing else I can say, you have to try it out for yourself, live the apartment life yourself, raise kids there if you even have any, until then you will not know what it's like and all your "arguments" are nothing more than mental masturbation. I live there and raise a family there in an apartment, and I had wasted enough time explaining what it's like and why and why not. You don't want to listen to anything anyone says and you have offered no attempt to answer any of the questions, mainly the MONEY question. Who will pay and/or take profit cuts and how to mitigate the simple fact that RE is an asset, privately owned and that government cannot build anything in whatever quantity wherever they want and continue spending to maintain housing for those who cannot pay. Another aspect of money question has to do with type of new apartment construction, clearly not geared towards families and the whole public school situation. Family apartments that can COMPETE with private homes are very expensive to build and maintain. You need more convenient and connected neighborhood, larger sqft, practical floor plans, great sound insulation and family friendly building and neighborhood amenities. All of this costs more to developers and prices for these apartments are very high. People who have options for rowhouse/SFH living for the same or cheaper price would choose the latter, so developers build smaller units and skimp on family friendly factor. Only in NYC where people are desperate enough you would have families crammed into small apartments with no amenities, even walkups in exchange for reasonable commute, because privacy and space means far away from the city. The tendency of families is still to move further out vs. be crammed and you cannot force people do to otherwise, even in NYC, where many do end up going for the burbs or move out of NYC altogether. Even lifetime NYers who raise kids and grandkids in the city opt to increase their living space, they often buy adjoining apartments, they sell and buy bigger units, they remodel, etc. They also often move to outer boroughs like Brooklyn where they can at least afford rowhouse living for the same price. [/quote]
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