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Metropolitan DC Local Politics
Reply to "What do you think of YIMBYs?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Anytime you NIMBYs say building more housing doesn't work, please just read this article and be quiet. Thanks. https://www.oregonlive.com/business/2019/01/apartment-rents-dropping-in-seattle-landlords-compete-for-tenants-as-market-cools.html[/quote] Yes, occasionally developers over forecast demand, and when there's a glut rents fall. No disputing that. Developers here have responded to falling rents by delaying new construction or warehousing units. It looks like they missed by a lot in Seattle. Question for you: Of the 60,000 units that Montgomery County needs for new households by 2040, how many could be permitted tomorrow?[/quote] DP. Where do you get that figure from?[/quote]
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