Reply to Montgomery County zoning: Council wants to change zoning throughout the county to multi-family

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Reply to "Montgomery County zoning: Council wants to change zoning throughout the county to multi-family"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]

I don't think it's 'real estate developers' who are behind this.  It's the real estate investors.  They want to make as much money as possible on the property they own.  We see this already when the investors come into the neighborhood and build a gargantuan second story on the home so that they can rent it out to 4 families instead of just 2.  Regardless of how much room there is for parking, and regardless of how many kids will be now attending the already overcrowded schools.[/quote]

The real estate investors, meaning the people who are so concerned about the effect this will have on their property values?

The proposed change to the ADU regulations only applies to people who live on the property they add the ADU to. People in the county who own single-family-detached houses they don't live in, and who are illegally renting them to multiple families, won't benefit from the change. [b]So why would they be pushing for it[/b]?[/quote]

No, not homeowners.  The homeowners are the ones who are concerned with the effect this will have on their property values.  Homeowners probably don't want the additional overcrowding, and degradation of their neighborhoods.

I mean the investors who purchase these homes and illegally rent them out.  They will happily build an additional ADU to rent out in the backyard.  They already have 4 families living in their rental homes.  Now, they can have 6. Which means even more income.  They can use the land they purchased to rent to even to MORE people illegally.  Currently, it's somewhat difficult to do so.[/quote]

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