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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I was surprised that so many filings were for plexes that will be rented.    Looks like the townhouses are in so so areas.   What’s the point? [/quote]

It’s somewhat complex to create a condo association (HOA) for a 6-unit condo building, and it’s a pain for the developer to manage and transition the HOA over to the owners, especially if a few of the units struggle to sell.

Renting the 6 units out will be profitable and there will always be a steady stream of well-paid renters wanting to live in Arlington.

I agree it is dumb to disrupt SFH neighborhoods and create parking issues if these are going to be 6-plex rentals. A 6-pled could easily add 9 cars. Build a real high rise apartment or condo building in already-dense neighborhoods instead (something Arlington is already doing and should continue to do).

I’m for MM but this is why I think it should be capped at duplexes or 3 rowhomes (no HOA) for purchase only.[/quote]

I told Katie Cristol at one of the meetings at Lubber Run.  She told me the owners could “get together” and manage the building.  I said that was fine as long as the sales were cash.  No lender would permit that.  She huffed and ignored me.  She was the expert on MM housing who wanted it in Arlington and had no understanding of real estate financing. [/quote]

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