Reply to Looks like CC Historic District is Dead

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]DP, but the specific intersection at CT and Neb is very low density as is the chevy chase commercial area.[/quote]

Maybe that’s why people moved near there.[/quote]

Good luck collecting enough tax revenue to cover DCs expenses. The super rich people living in  NW DC will move out if you start upzoning this area. Many of these people have no interest in living in a high density neighborhood and they will not tolerate the dramatic changes to their community. The reality of it is the affluent households that pay a disproportionate share of income tax revenues people do not want to want giant apartment building in their neighborhoods and they will leave. The residents that replace them will not come close to making up for this lost tax revenue. [/quote]

Well, I bet if you replace one SFH with say two, two unit duplexes (so 4 in total) you likely will generate more overall tax revenue than that one SFH household.

The reality is the super rich live in Georgetown, Mass Heights, etc.  CC DC is a wealthy but not super rich area.

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The building  and its occupants might generate more revenue on an aggregate basis, but expenses to provide services for these additional residents will greatly exceed the cost of the previous SFH. DC will end up losing money on the plex residents because they cost more than they contribute in tax revenue. Unfortunately, most residential development is tax negative. [/quote]

You have zero clue what you are talking about.  Show any bona fide 3rd party study that supports that most residential development is tax negative.
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