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Metropolitan DC Local Politics
Reply to "Soooo, how is high-density looking to everyone now?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] What we do know is that the population projections thrown around by Trueblood, GGW and their echo chamber, to create the illusion of a market housing crisis to justify their massive zoning overreach, are wildly inflated over the conservative estimates of the District’s Chief Financial Officer. The CFO -- even pre-Covid, by the way — projected rather modest future population growth.Because the CFO’s office is supposed to be accurate as revenue and other assumptions depend on its work, I would trust the CFO’s projections more. [/quote] You: See, people are fleeing expensive cities for cheaper areas elsewhere! Also you: What market housing crisis? If demand didn't exceed supply, then it wouldn't be so expensive to live in DC. [/quote] There’s a lot of affordable housing in Prince George’s County but a lot of people have an aversion to considering the county as an extension of the DC market. One can speculate as to why.[/quote] Sure, and there's even more affordable housing in Martinsburg, West Virginia. So what? This isn't about affordable housing. This is about the overall cost of housing in DC. Overall, housing in DC is expensive, because demand exceeds supply, and housing in the desirable areas of DC is even more expensive, because that's how the housing market works. It's expensive because lots of people who have money want to live there. [/quote]
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