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Reply to "Your missing middle home is a 2000sf townhouse for 1.6m"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I know just who will snatch up a place like this -- well-heeled, down-sizing Boomers and GenXers. How do I know? I'm one of them. And, no, that doesn't mean there will be a signifcant decrease in SFH prices as we downsize. Thanks, Millenials for eating up the MM fairy tale, [/quote] Having a place for you and others like you to downsize will increase the supply of SFHs available. MM is about increasing the supply of housing to lower costs. Sounds like it might work based on your comment. [/quote] [b]You are an idiot. Only ~ 3% of Arlington households can afford 2M homes. You think freeing up 3% of the homes will suddenly make housing affordable for the 65% than can only afford $300,000 homes?[/quote] I can afford a $2m house and I promise you I don’t want to live near people who can only afford a $300k house.[/b] [/quote] I'm the original poster in this sub-thread and while I agree with the bolded comments by other posters above, I want to clarify that I wouldn't use the term "idiot" to address anyone, nor would I mind living near a $300,000 house. My point is that there aren't going to be any $300,000 houses or townhouses or condos built as a result of the missing middle movement. [/quote]
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