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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][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]

Either you've testified at public hearings about housing policy, in which case you've heard plenty of pro-housing people explain this plenty of times, or you're a person who has a lot of time to post on DCUM, in which case a person might wonder how come you don't have the time to testify at public hearings.

Either you sincerely want to know, in which case you can go educate yourself, or you don't sincerely want to know, in which case feel free to waste your own time.[/quote]

DP.  I've heard a lot of people offer theories of how upzoning causes prices to fall, but it doesn't matter if no one builds.  In the case of Montgomery County, there is a lot of approved density that isn't getting built because it doesn't pencil.  Upzoning residential areas isn't going to change that and is more likely to suppress very high density construction because those projects will face more competition from lower density projects that are cheaper to build but can get the same price as a very high-density project. [/quote]

I don't think anyone has said that re-zoning, [u]by itself[/u], will make housing more affordable for more people. Obviously there also has to be building following on the re-zoning.

I will note that there is no "approved density" that isn't getting built. Builders don't build "density". Builders build housing. Now, would zoning changes lead builders to make different decisions about where to build housing? Yes, that's the whole point.[/quote]

OK. There’s a lot of approved housing that isn’t getting built. You have to make silly semantic arguments because the facts are really bad for your position. The problem isn’t zoning. The problem is developers aren’t building because they think the market in Montgomery County is poor. Anything built here is at a disadvantage to things built in DC and especially NOVA because those places have more jobs, so it’s higher risk. [/quote]

"Approved housing" isn't fungible. As a matter of fact, your argument supports re-zoning. Builders aren't building approved housing, under the current zoning, because it doesn't pencil out. Assuming we want builders to be building housing (which I do, though you may not), that's a reason to change the zoning, to give builders more options for projects that do pencil out.[/quote]

[b]Nothing is going to pencil out at scale without more jobs.[/b] You think you’re going to get 50 quads to replace the 200-unit high-rise that’s not getting built? YIMBYs in this county have done it a great disservice by promoting jobless urbanism while also supporting policies that are hostile to business. [/quote]

In that case, why bother opposing re-zoning, if nobody is going to build anything anyway?

You are supporting policies that are hostile to business while complaining about policies that are hostile to business.[/quote]

I don’t oppose upcoming. Just pointing out that nothing you’ve been proposing will drive growth or help affordability. Few movements have been as damaging to Montgomery County as YIMBYism and all of the YIMBYists’ tangential adventures. [/quote]

Again - changing zoning BY ITSELF will not do anything, and nobody has said it will.

2 duplexes that get built is 4 more housing units than a 500-unit building that doesn't get built. [/quote]

Just turn al the empty office space into condos. [/quote]

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