Reply to MoCo “Attainable Housing” plan and property values

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]is there a way to see which specific neighborhoods are impacted in Bethesda? I am confused about if this is only impacted neighborhoods in the immediate vicinity of a "growth corridor" or if it pretty much impacts all of Bethesda[/quote]

Real estate prices have risen so much in Bethesda that in most cases it will still be financially most profitable for developers to tear down old houses and in their place construct new build homes, which these days can fetch $3 million or more in some Bethesda neighborhoods. I think you're more likely to see duplexes/triplexes/quadplexes in places like Silver Spring, where the underlying land costs are less, and therefore the potential for profit from a multifamily home higher.[/quote]

Way to go with equity impact, County Council!  :roll:

It's such a show...[/quote]

sooner or later, the county will just tell people they can build tiny homes on the street in neighborhoods that they want to live in.  The county owns most of the roads and unless your roads are private, they will exploit that at some point.

make parking on one side of the street illegal and allow all the tiny homes and campers they want.  seems far fetched but so would have removing SFH zoning a decade ago....[/quote]

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