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][quote=Anonymous]

+1 Once DC #2 is done with college we are out of MC. There is no reason to continue to pay the high taxes of MoCo and Maryland with the types of policies the Council is looking at as well the school board. The biggest indicator that MoCo is making poor decisions is the lack of a growing business climate. [b]Just walk around the Woodmont Triangle and notice all the empty storefronts and for lease signs[/b]. Look at all the empty office space in the County. Raising rates to cover for less and less people is a downward spiral which there is no recovery.

[/quote]

Yup.[b] [/b]That's why rents are so high and Marriott is moving there.[b]

Wait, what?[/quote]

No, [b]rents are artificially high[/b], and the commercial real estate companies are happy to just leave them that way and consider it a loss.  Or taxpayers step in and cover the difference.

There is definitely an abundance of empty office space in the County.  Yes, that should mean rental rates should decrease, but that hasn't happened.[/quote]

What does this mean?

There is an abundance of empty office space in the county in places where businesses aren't interested in having office space. Location, location, location - right?[/quote]

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