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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think the title is supposed to be "Boomers and Real Estate Developers plan to ruin Arlington"

"Missing Middle: in ARL you need 1.5 for an MM unit"[/quote]

It’s boomers who seem to be most against missing middle.

What costs more: a $500,000 condo in a six plex, or a fancy new $2,000,000 Mcmansion?[/quote]
I am fascinated that you think this is how it’s going to play out. What do you think that $2m house is going to be worth once it is upzoned? You think current property owners are going to leave money on the table and hand it over to developers to profit? [/quote]

Somewhere between $2.05m to $2.1m. Because it makes no sense for developers to bid each other up when there are so many other lots they could buy instead.[/quote]
Research dictates that the economic value of upzoning is captured by incumbent land owners. Sorry to interrupt your fantasy.
https://www.bloomberg.com/news/articles/2019-01-31/zoning-reform-isn-t-a-silver-bullet-for-u-s-housing[/quote]

That’s not responsive. Prices are still a function of competition among buyers.[/quote]
Yes, just wave away actual real world information in favor of something you made up in your head.[/quote]

Did you actually read Freemark’s study? Do you understand how Chicago’s upzoning for high-rises around transit hubs differs from legalizing small multifamily buildings countywide? Are you aware of the fact that what pushed up land values was the lack of new housing built as a result? And you do realize that Freemark supports upzoning for missing middle?

Critics really need to try understanding the literature instead of cherry-picking headlines.[/quote]

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