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Metropolitan DC Local Politics
Reply to "Montgomery County zoning: Council wants to change zoning throughout the county to multi-family"
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[quote=Anonymous][quote=Anonymous]I think this is why [b]the house next to my family's property in Wheaton has been on the market for 9 months, and can't sell.[/b] It is a 5-bedroom, 4-bathroom house with an elaborate deck and 2.5 car garage - and it sits on 1/2 an acre. They can't even get $500k for it. They're dropping the price, month after month. The other problem is that the high school is a 3, with half the school on ESOL. NOBODY with school-age children wants to buy here. [/quote] Give it time. Is there an HOA? Once the price drops enough, a (most likely Chinese) landlord will purchase the home and divide it up into a boarding house. They are interested in pretty much any neighborhood, without an HOA, once the home goes under $500K. It ends up being an incredibly lucrative business model for the landlords. The rent out to illegal immigrant men or families with young kids. They have no lease or rental license, so can force them out at will. And, they collect cash only rent so that they do not have to report any income. Also, they fix the houses up as poorly as possible - it's all being done illegally anyway, so there is no reason for them to keep the buildings up to code. Not sure why people support this kind of thing. Honestly, it puts these illegal immigrant families at risk. We have one that has several babies who live there, and the home is absolutely, positively not up to code. Seems dangerous, and is definitely overcrowded. Why would anyone defend letting kids (or really anyone) live in these homes as a good thing to encourage?[/quote]
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