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Metropolitan DC Local Politics
Reply to "Washington Post endorses David Blair for Montgomery County Exec"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] This is a HUGE problem for MoCo, IMO. The development over the past decade is RIDICULOUS. All the high rises are changing the feel of the county. And, [b]when all this increased housing remains empty,[/b] it does not led to an increase in tax revenue. There needs to be more thought put into how many buildings to up and when. [/quote] Who says it's empty?[/quote] It will be.[/quote] Why will it be? The builders build in order to sell their units. If their units don't sell, they won't build more.[/quote] Not true. They do keep building even if the units aren't selling. Or, they leave the projects half unfinished, which we had happen at a development near us a while back. They just moved really slowly and left it as a huge construction site for far too long. Also, do a search anytime for empty apartments in the county. There is an insane amount of inventory in some areas. [/quote]
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