Reply to Is there a coherent argument that loosening zoning laws will lead to affordable housing in DC?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I hear this constantly asserted, as if it were self-evidently true, but cannot figure out how it could possibly be correct.

There's 700,000 people in the District. There's 5 million in the suburbs. If you add 30,000 housing units in DC, they will instantly be soaked up by people in the suburbs looking for shorter commutes.

As people move into DC from Falls Church and Rockville and Fairfax, their old places will open up for other people. Other people will move into those places from suburbs even further out, which will open up slots in places like Chantilly or Columbia or wherever else those people are coming from and that would put downward pressure on housing prices in the suburbs they've left.

But how does any of that lead to affordable housing in DC?[/quote]

Increasing density will tend make housing more expensive, not less, because if you have a lot of people living in a small area, then businesses want to be there too. Once grocery stores and bars and restaurants and stores move into an area, then everyone wants to live there and prices go up accordingly. It's gentrification on steroids. Look at Navy Yard. [/quote]

Basically you're saying that people want to live in dense neighborhoods, and businesses want to be in dense neighborhoods - so shouldn't we make it possible to have more dense neighborhoods?[/quote]

Basically, I'm saying increasing density drives housing prices up, not down, and speeds gentrification. [/quote]

You’re so very close to getting it.[/quote]

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