Reply to Interesting twist on DC "density argument" - Metro ridership continues to plummet

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Let the market decide. Just because DC allows for denser population near metro does not mean they will be built.

I trust a developer of multifamily buildings to have a better sense of what the market wants that me.[/quote]

Yes, allowing developers to build multi-family housing near Metro stations if they think the market will support it, is not the same thing as committing the state to build new highways based on overestimates of future car volumes and faulty model assumptions.[/quote]

LOLOLOL they are not building multi-family housing. They are building more luxury condos for yuppie singletons to move in from the suburbs and add to the glut.[/quote]

If there's a "glut" of "luxury condos", then they're not luxury condos, no matter what it might say in the ads.

Would it make you happier if it were called multi-household housing? [/quote]

They are small, expensive units that will bring more singletons into the city (maybe/or maybe the lustre is dimming). They do not improve the affordable housing situation for existing DC residents or families.[/quote]

How can there be a glut of expensive units? Please explain.[/quote]

Nah. Youre missing the point which os that there is little argument to be made for building more dense condos budings near metro in DC right now.[/quote]

OK, so then the builders won't build any. They don't build stuff there's no demand for, because then they can't sell it. There, problem solved.[/quote]

Don't think it's quite as simple as that. [/quote]

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