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Metropolitan DC Local Politics
Reply to "all these affordable housing do gooders are doing the billionaires' work"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I will also point out how myopic this group is: they only want to build more apartments, with no regard to infrastructure like traffic, schools, libraries, police and fire stations, parks to play in for all the kids who inevitably are going to end up living in those apartments. Any anyone who disagrees with them, or brings up any other angles (including schools), is immediately labeled a racist/bigot[/quote] Thats not really true. They want more housing because housing is expensive and simply supply/demand suggests if you build more housing, at least the rental rates aor ability to purchase wills stabilize. I do not know where anyone on this thread is posting from, but let's assume it is DC....there is plenty of school capacity, DC Water and PEPCO are building our infrastructure thanks to the IRA and rate increases; road capacity isn't going to change, so that is why people support mass transit and bikes/scooters. Single occupancy vehicles are the biggest waste of space in the transportation landscape. Single family Housing is the least efficient way to house humans. That doesn't mean cars or SFH should be eliminated - no one is suggesting that. What they are advocating is a more rational allocation of land.[/quote] These are opinions.[/quote] Grounded in facts and data.[/quote] Not really. Developers have rarely built enough units to bring prices down. That has only happened in markets after extreme price increases, and the people in markets where this has happened are still worse off than we are if you go back 10 years instead of selectively slicing a few years worth of data. We should be aiming for price stability in rents and home prices, with prices increasing roughly in line with inflation. What I and many in our county object to are the cash handouts that Friedson has sponsored for developers. Developers have used those to boost their profits instead of using them to build more housing and bring prices down. [/quote]
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