Reply to Arlington Missing Middle Housing Q&A

Forum Index » Real Estate

Reply to "Arlington Missing Middle Housing Q&A"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]Missing Middle will be a boon to builders who are already banking single family lots along Langston Blvd awaiting upzoning.  They are renting the houses until they can be torn down for MM.

Meanwhile, people who could have bought those houses and lived in them are dealing with a shrinking inventory of somewhat affordable housing in Arlington.

Big winners will be builders who can now put 8 houses instead of one on a lot and the people selling their houses to builders.  [/quote]

The builders are getting every lot they can get their hands on. MM isn’t changing that. It is changing what’s going to go up on those lots. Instead of a $2mm McMansion, it will be $1mm townhomes or duplexes. Undesirable homes on undesirable building lots are still going to be relatively cheap because the developers won’t want to deal with the hills or the setbacks.

The Boomers cashing out could refuse to sell to developers. Many of them are sitting on $500k+ in profit on a house they didn’t maintain at all for the last 20 years. But they’re cashing out for top dollar and minimal expense. When it comes to real estate every man is out to max his returns. [/quote]

Okay, Eeyore. Leave the boomers out of this. You will be one soon enough. Maybe you should move to Fairfax. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics