Reply to upzoning: what will it really change?

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Reply to "upzoning: what will it really change?"

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[quote=Anonymous][quote=Anonymous]I'm against upzoning and I'm not dumb or selfish. I love DC because I love the look and feel of the city. There are lots of opportunities to create more condos in DC - that's effectively what upzoning will do.

Hundreds, if not thousands of condos are coming online in every ward, including Ward 3. It will not make SFH any cheaper. They will always be premium pricing. The upzoning movement is about developers getting more inventory, not about cheaper housing.

If you have build 10,000 condos next month, the state of the broader national economy will have a much, much, much larger impact on their price than any increase in inventory. [/quote]

Because people who live in SFHs prefer a neighorhood of SFHs.  Very simple.  And guess what.  Owners of SFHs tend to pay the bulk of the taxes.  DC has done well financially because of high income white collar workers.  And COVID has made them realize that they can work from home at least a few days a week.  So, along with the stupid tax hike, DC risks driving them out of town, to DC"s detriment.  [/quote]

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