Reply to We need homes. A lot of homes. Not just affordable, but also middle-income homes.

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Reply to "We need homes. A lot of homes. Not just affordable, but also middle-income homes."

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]“Zoning” is just a law passed by society to achieve societal goals.

If you didn’t anticipate the risk of having to let more people into your neighborhood which may affect your sacred property value as artificial house scarcity is rolled back— well that’s your fault.  Because big companies and the wealthy anticipated that risk. As did I when I bought my house. I priced that risk in.

Society needs more housing to make high demand urban areas accessible to all. That’s why we, as a society, will roll back zoning restrictions and allow more housing.

[/quote]
DC actually has a lot of affordable rental housing. There is no shortage of rental housing and right now is a great time to rent because rents are falling fast, with a significant number of centally located areas seeing YoY declines of over 12% 
https://dcist.com/story/20/12/07/this-map-shows-where-rents-are-dropping-in-d-c/

Your problem is that you are upset that you cannot afford to buy what you want in a neighborhood you want. [/quote]

I find this interesting. The two young couples who plaintively testified "for" upzoning at our ANC meeting were currently living happiiy in ... ta-da... rentals in the neighborhood. I did the same at their age. The concern they expressed was not being able to afford a larger home in the same neighborhood as their family expanded. So they were "for" upzoning. Can someone explain how upzoning in Ward 3 will help this family afford a large home? I was left confused. Thanks![/quote]

This is the real root of this problem.  Decades, if you could not afford a house in DC, you bought in the burbs.  Many current buyers want their cake and eat it too.  And then jobs developed in the burbs so you do not have to drive into DC.  
[/quote]

I just didn't understand it. They said they loved the neighborhood and didn't want to move out, so they supported upzoning. It seems like their choice is to stay in an apartment (I, and loads of people do this with children in the plentiful available apartments in the 'hood), or increase their earning power and buy a house or duplex. They didn't want the apartment option though. I completely failed to understand how upzoing would increase their earning power or the availability of SFH they craved or bring down home prices of said. They just seemed very non-plussed about not being able to afford a SFH in the location they liked.[/quote]

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