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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Condos mean more people in a given area. Which means more bars and restaurants. Which means more people want to live there. Which drives up the prices of those condos. Which drives up the prices of houses developers need to buy and tear down in order to build more condos. Which means even more people in a given area. Which means more bars and restaurants, which means more people want to live there, which drives up the prices even further.

People understood intuitively before we changed the term “gentrification” to “upzoning.”[/quote]

[b]There isn’t a coherent explanation of how changing zoning laws reduce housing prices. [/b]Typically the opposite happens — prices go up, by a lot. [/quote]

There is, and it's based on supply and demand. Just like "gentrification" and "upzoning" are different things, so "there is no explanation" and "I don't like the explanation" are different things, too.[/quote]

So what’s the explanation? [/quote]

https://googlethatforyou.com?q=housing%20zoning%20supply%20demand[/quote]

‘If you can't explain it to a six year old, you don't understand it yourself.’ —Albert Einstein[/quote]

Very weird that no one can explain how upzoning reduces housing prices[/quote]

Either you've testified at public hearings about housing policy, in which case you've heard plenty of pro-housing people explain this plenty of times, or you're a person who has a lot of time to post on DCUM, in which case a person might wonder how come you don't have the time to testify at public hearings.

Either you sincerely want to know, in which case you can go educate yourself, or you don't sincerely want to know, in which case feel free to waste your own time.[/quote]

DP.  I've heard a lot of people offer theories of how upzoning causes prices to fall, but it doesn't matter if no one builds.  In the case of Montgomery County, there is a lot of approved density that isn't getting built because it doesn't pencil.  Upzoning residential areas isn't going to change that and is more likely to suppress very high density construction because those projects will face more competition from lower density projects that are cheaper to build but can get the same price as a very high-density project. [/quote]

I don't think anyone has said that re-zoning, [u]by itself[/u], will make housing more affordable for more people. Obviously there also has to be building following on the re-zoning.

I will note that there is no "approved density" that isn't getting built. Builders don't build "density". Builders build housing. Now, would zoning changes lead builders to make different decisions about where to build housing? Yes, that's the whole point.[/quote]

The County has miles of underutilized commercial space that will never host office or retail buildings.[/quote]

So what? Almost all of them are already zoned C/R. It's up to the builders to decide to build on them or not build on them. To say that builders should only be allowed to build multi-unit housing along Rockville Pike etc., and should be forbidden from building multi-unit housing anywhere else - well, that's the kind of central planning that people generally frown on (except when it comes to housing).[/quote]

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