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Metropolitan DC Local Politics
Reply to "MoCo seeking feedback on proposal to limit single family zoning"
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[quote=Anonymous]So basically a developer can buy a typical $1m Bethesda home on a 1/4 acre lot, raze it, spend $500,000 putting up a quadplex-multi-unit dwelling, sell each unit for $500,000, - call THAT “affordable housing” - and walk away with $500,000 profit. Rinse. Repeat. This is a gold mine for corporate developers. This has NOTHING to do with affordable housing. It’s a sweetheart deal for developers [/quote]
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