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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why do you need a middle? Most rich towns often have rich homes and a poorer section where the maids, landscapers, handiman live. I mean does Beverly Hills, Palm Beach and Aspen concerned about the middle? No [/quote] Don't worry, this will actually help get rid of the middle class, as old-time, middle and lower-class homeowners sell out to developers. And then upper-class people move into the new duplex, townhouses, and multiplexes. It's a developer's dream.[/quote] Are upper class people dying to live in multiplexes? [/quote] I know things get confusing in a HCOL area like DC, but if you're buying a $1.25 million duplex, or renting a $4000 unit in a multiplex, you're upper class. You're certainly not the [b]25-year-old middle-class nonprofit worker, [/b]teacher, or firefighter who thought this was the ticket to living the good life in Arlington[/quote] So naive and entitled (plus the misleading marketing by the Board for MMH) - these 20 somethings genuinely thought they were going to magically own in Arlington. I was in a community meeting with one of these young millennials who was arguing for MMH saying it was like a car, that she may not be able to own MMH right away (like a new car) but as more MMH is built prices will depreciate (like a car). A home owner in her 40s and 50s needed to explain that real estate and cars don’t depreciate/appreciate in the same way. This is what we were dealing with for a large number of YIMBYs. Lack of knowledge about economics and total naïveté/entitlement.[/quote] Let’s say there are two homes next to each other with equal square footage and identical lots. One is brand new and the other is 20+ years old with few updates. Is there a meaningful price difference? The MMH supporter was arguing that yes, there is. She couldn’t afford the brand new home but could possibly buy the old one with outdated fixtures. So years from now, a 20 something will have more housing options. [/quote] Uh, no, she won’t. Don’t you get it? 20+ year old houses (with outdated fixtures) will be torn down because the lot is so valuable. That’s literally what’s happening right now. Developers are snapping up old properties and building new ones, only now with the ability to build a six plex and have rental income this trend is going to accelerate. [/quote] [b]I haven’t seen that happen when a home shares a wall.[/b] It could be gutted and flipped, but it won’t be torn down. [/quote] I’d love see your sample size considering there are so few of these properties here in Arlington (remember, that’s why we needed to pass MMH - so we could build them in every neighborhood in Arlington!) [/quote] There are a bunch duplexes on the edge of the Ashton Heights nieghborhood, south of Wilson Blvd near VA Square. Many have various improvements but none torn down. I suppose you could if you had the opportunity to buy two attached homes. Example: https://www.zillow.com/homedetails/622-N-Nelson-St-Arlington-VA-22203/12087632_zpid/[/quote] There are many semi-detached houses in Arlington -- just not in neighborhoods with which you are familiar. Look at Westmont, a neighborhood of semi-detached between Glebe Road and Fillmore St and Columbia Pike and 7th St. Many have been renovated and expanded. Look at the duplexes off Carlin Spring Road, on 7th St., 8th St. and around Tyrol Hill Park. Hundreds of semi-detached have been renovated and expandes. Look at Church Courts, off Fairfax Dr. near the East Falls Church Metro. These are three levels with a walk up attic that many people have converted to another living area. These are the semi-detacheds that are likely to be torn down and replaced by new semi-detached homes. They won't be counted as MM housing because they are already zoned for multifamily.[/quote]
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