Reply to City of Alexandria rolls out timeline for massive housing reform project

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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][quote=Anonymous][quote=Anonymous]This is one building (The Blake on Beauregard) and just the availability of 2 bedroom units available immediately- ie- today.

https://8934213.onlineleasing.realpage.com/#k=95825

That's 45 units. They also have studios, one bed units, and 2+den units so lets be conservative and say there are 100 units available in just this one building.

Where is the crisis? Where is the shortage?

Seriously- someone ELI5- where is the crisis? Why are these units not OK but ones built in Del Ray would be the cure all?

Can anyone answer that?

If not, maybe we don't change the entire zoning code, mmm'kay?
[/quote]

It's 42 units, [u]total[/u], in a building with 300 units. Starting with $2000-$3000/month for a 519 sf studio.

Noting, also, that units turn over all the time. [u]There should be units available for rent[/u]. The existence of units that are available for rent does not negate the existence of a housing crisis.[/quote]

No, that is incorrect. There are 42, two bedroom units availbale right now. If you add the one bed and studios in too, it's easily 100 units.

Would you have us believe that the proposed Del Ray 4 plexes will rent for less than these? :roll:

Or do you think people have the right to live exactly where they please for exactly the price they deem affordable?

And if units turn all the time, well then, great. That shows mobility in the housing market, which is a chief indicator of abundance.

So, again, where is the crisis?[/quote]

I clicked on your link and posted the information I found there, which included all units, not just 2 bedroom units..

Your idea that mobility in the housing market is a chief indicator of abundance is, well, a novel economic idea. The more standard economic idea is that price is the chief indicator of supply vs. demand.

Now, if you want to make a normative argument, for example, "I believe it's just fine if people who don't have a lot of money have to spend a large proportion of their income in order to live in tiny spaces in unpleasant or dangerous areas far from where they work, and actually it would be even better if they just went away altogether", feel free, but that's a normative argument, not a data argument.[/quote]

[b]The link I provided was filtered to two beds[/b]. How that was missed by someone bright enough to differentiate debate stances, well, you got me.

Soooo, true or false, the Del Ray units would be less expensive than the ones off Beauregard?

And if there is a housing 'crisis' (ohhhh, scary word!!!) why are there even just 42 units sitting vacant right now?[/quote]

Maybe that was your intention, but that was not the result.

Why are there 42 units available right now, according to the website you linked to? Well, one reason might be that they cost more than potential renters can afford. Another reason might be that there are [b]a lot of potential renters whom management won't rent to because their credit is too bad[/b]. Or even both - potential renters with bad credit would have to pay higher rents, which would be more than they could afford.

Honestly, your "there is no housing crisis" discourse kind of reminds me of "there is no hunger in America" discourse (after all, there are people who are both poor and fat!) or "there is no health care crisis in America" discourse (after all, if you go to the emergency room, they have to treat you!).[/quote]

Uhhhh, having shi**y credit is not a housing crisis. That's a you crisis.[/quote]

Really? I think it's a crisis if people can't get housing because they have bad credit, or if people have to pay a lot more for worse housing because they have bad credit. But then I also understand the high costs for society - for all of us! - when lots of people are unable to get adequate housing. Not everyone understands that, apparently.[/quote]

Sure. Put your money where your mouth is. Go lend $36,000 (rough average annual lease amount in the area) to a guy with 550 credit and four collections. Let us know how it goes. :lol: [/quote]

I'm the PP you're responding to, and you're actually making my point for me. Did you know that?[/quote]

If you're agreeing that having shi**y credit is a reflection on the individual, rather than the housing market in the metropolitan DC region, then yeah. Sweet![/quote]

When people with bad credit have to pay a lot more for worse housing, that is literally a reflection on the housing market. That is the housing market at work. You might think it's good that the housing market is at work in this way (apparently you do), you might think it's bad that the housing market is at work in this way (though actually you don't), but whatever your opinion, it is the housing market at work.[/quote]

Ohh, youre one of those people that wnats to take from the landlord.[/quote]

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