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Metropolitan DC Local Politics
Reply to "MoCo Planning Board Meeting - Upzoning"
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[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] If upzoning doesn’t reduce housing prices, then what is the point of upzoning?[/quote] Love how those who've been arguing for years that upzoning is the answer to rising housing costs have admitted that was *complete* bullshit. [/quote] Montgomery County will adopt upzoning and when that doesn’t work the YIMBYs will bring more ineffective proposals to the table instead of admitting they got it wrong. [/quote]
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