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Metropolitan DC Local Politics
Reply to "Overriding local zoning to allow multi-family units in suburban neighborhoods in VA"
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[quote=Anonymous]I don't really see this creating low income housing. Consider a typical older lot, $200,000 in land and $250,000 in a single story house. The new duplex isn't going to be $250,000 but likely closer to $400,000 because the only thing it will have less of is bedrooms and bathrooms. The new duplex unit is now $300,000 including land which isn't low income housing but may be affordable now. But why would a developer built such small duplex units? They could easily built a three story duplex and target $300,000 or $400,000 for each unit. You really only split the value of the land without more control over what the developers do.[/quote]
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