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Metropolitan DC Local Politics
Reply to "Arlington "missing middle""
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]MM is a solution looking for a problem. Building 6-plex apartments on single family lots isn't the solution. Arlington has plenty of apartments. What everyone wants is a single family home in Arlington but just can't afford it. So, sorry, but that's the way the free market works. [/quote] https://www.zillow.com/homedetails/651-S-Greenbrier-St-Arlington-VA-22204/12090510_zpid/ This is $820k. Are the proposed duplexes and THs really going to be priced lower than that?[/quote] Maybe they will, maybe they won't, but at minimum, there will be more of them. And we know the relationship between supply, demand, and price. That's the way the free market works, right?[/quote] Yes, we do. More supply invites more demand.[/quote] NIMBY logic at its finest. I don't know how you can spout this nonsense with a straight face. Just take the mask off, embrace it. "I don't want to build anything because I got mine and screw everyone else."[/quote] Under Arlington County bulding code, a duplex is defined as one unit stacked on top of another. Neither side (include the Arlington County Board) understands that a stacked duplex will be cheaper than a semi-detached side by side housing units (which they refer to as a duplex). Except for the semi-detached and townhouses, the new units will be fee simple and sold primarily to owner occupants. The plexes are more likely to be sold to investors who can use them for passive income. Most will be rentals because of the problems with creating condo ownership with only 3 to 6 unit owners. Existing DC houses that were converted to 3 to 8 condo units have had horrible issues with rapidly increasing condo fees and homeowners who will not volunteer to be on the condo board. We own 13 rental houses in Arlington. Builders have been after us to sell the for tear downs and new houses. We are waiting to see what they will pay after MM is passed.[/quote] Oh my oh my re: the condo association with only 6 units. [/quote]
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