Reply to Arlington Missing Middle Housing Q&A

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[quote=Anonymous][quote=Anonymous]I love how lots of people who claim to be Arlington homeowners think that MM will be a huge windfall for them because a builder is going to pay an astronomical sum for their land. If that's your plan, I would sell ASAP. I think there's a bit of a frenzy right now, and the future is uncertain at best.

Lots of factors could depress land values in the future including: (1) a market downtown, (2) success in court by those challenging MM, (3) difficulty selling or renting MM units due to location and/or oversupply, (4) too many homeowners flooding the market, (5) overcommitted builders, and (6) tighter lending standards.

If you want to sell, now is the time to do it while the euphoria among builders is at an all-time high before a single MM unit has even been constructed.[/quote]

I agree that there will be issues getting anything built due to loans.  Big huge apartment buildings in Arlington are also getting delayed due to this issue.  Everything is slowing down.[/quote]

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