Reply to MoCo “Attainable Housing” plan and property values

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]To the actual topic at hand, for this to be successful, folks are going to have to sell to developers. Personally I have a property prime for this new plan, walkable to two metro stations (equidistant to both), right on a major corridor and entirely walkable. It’s why we bought the house. I’m not selling it until my kids are grown and away. But if a developer offered me 3x the value to walk away I totally would…. So to me, this could be a windfall. And I suspect my neighbors think of it the same way—- it won’t come to fruition unless developers pay up for the properties [/quote]I agree.  If I were in the zone (we're just outside of it) I would be planning to either (i) sell out place to a developer, or (ii) build a 2-3 unit building that would be suitable for retirement (an accessible unit for us and 1-2 rental units for income).

And I can't get over the comments, and the subtext, on this thread.  Racist, classist, the belief that people who live in multi-unit housing will destroy the neighborhood, Westbrook is now a Title 1 school because they redistricted an apartment into it, etc.  It's appalling.  [/quote]

It has nothing to do with race or class and everything to do with density. Many areas cannot accommodate quadruple the population density and this policy does nothing to mitigate the costs imposed on residents or the county. They are even encouraging waivers of property taxes for these new plex units which will destroy the counties already strained finances. They are actively encouraging unfunded population growth and ignoring any possible consequences or infrastructure constraints that will harm county residents. [/quote]

They are not ignoring it.
https://montgomeryplanning.org/planning/housing/attainable-housing-strategies-initiative/attainable-housing-strategies-what-were-hearing/
https://montgomeryplanning.org/planning/countywide/growth-and-infrastructure-policy/
[/quote]

Yes they are ignoring it. Their only response is that these things will have “minimal impact”, so don’t worry about it. They didn’t include anything in their final report to suggest that they did a thorough analysis on impacts to school enrollment or traffic. A question and answer page where they dismiss resident concerns without any evidence or analysis to support their assertions is complete bs.[/quote]

Because this is how they roll. It’s how they got the Downtown Bethesda Plan approved and it’s appalling. [/quote]

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