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Metropolitan DC Local Politics
Reply to "City of Alexandria rolls out timeline for massive housing reform project"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]^^^I'm kind of baffled by how much some posters here apparently don't understand basic stuff like "the price of [something] varies depending on the supply of [that thing] and the demand for [that thing]". [/quote] ^^^I am baffled that some people don’t understand that there is a cost to building housing very much driven by the cost of the land it is on. [/quote] Actually, I think everyone is pretty clear on the idea that the total cost of housing includes the cost of land. Including me. What I'm not clear on, though, is why you believe the cost of land in Alexandria is too high to allow for more housing to be built in Alexandria. Or how that would even work.[/quote]
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