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Metropolitan DC Local Politics
Reply to "Who do you think will win MoCo county exec?"
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[quote=Anonymous]Housing won’t become more affordable until steps are taken to prevent individuals and shell companies from snatching up homes as soon as they hit the market and flipping them to rentals. Then these PT real estate moguls or for-profit companies essentially control FMV for rent while driving up sales prices with their speedy purchases. Tearing down SFHs and throwing up multi unit housing or plopping tiny homes in backyards won’t fix the problem. They’ll just enrich certain people and corporations while crowding neighborhoods and schools AND driving down values, fueling the continued exodus of the wealthiest taxpayers. A lose-lose “solution.” [/quote]
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