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Metropolitan DC Local Politics
Reply to "We need homes. A lot of homes. Not just affordable, but also middle-income homes."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]“Zoning” is just a law passed by society to achieve societal goals. If you didn’t anticipate the risk of having to let more people into your neighborhood which may affect your sacred property value as artificial house scarcity is rolled back— well that’s your fault. Because big companies and the wealthy anticipated that risk. As did I when I bought my house. I priced that risk in. Society needs more housing to make high demand urban areas accessible to all. That’s why we, as a society, will roll back zoning restrictions and allow more housing. [/quote] And those who live in the SFHs want to live in a SFH. They will leave town. DMV has plenty of nearby options. And guess what? Pandemic means I do not have to go to the office everyday. And guess who pays the taxes in this town-those who live in those large SFHs. DC has plenty of affordable housing. Check out zillow. The idea that DC is overly crowded is bizzare. DC has fewer people today than it did in 1950. [/quote] You can still live in a SFH. No one is proposing to demolish your house and replace it with apartments. [/quote] I do not want my SFH to be next to an apartment building. I want my SFH to be in a neighborhood of SFHs. Otherwise, I do not buy that SFH, and I promise you its market value will decrease dramatically with an apartment building next to it.[/quote] Then you need to move to Frederick or Ashburn. It’s market value will not decrease. If large SFHs are converted to duplexes and apartments, the market value of those large homes will go up. Supply and demand. But the average price of housing will come down. [/quote]
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