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Metropolitan DC Local Politics
Reply to "The Urbanist Cult"
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[quote=Anonymous][quote=Anonymous] [b]Expensive duplexes don’t make housing more affordable.[/b] That might be true if there was relatively low demand, but not in this market where demand so far outstrips supply that bidding wars erupt over multi- million dollar properties. Duplex helps individual developers build more inventory for a high end market. They don’t make housing cheaper for anyone else. There is no knock-on impact - at least in DC. There are hundreds of condos coming online in ward 3 over the next year and prices will continue to rise in the high single digits. [/quote] So what? Here is what expensive duplexes undeniably do: provide more housing on the same land. Indeed, that's one reason why people object to them. It's that scary "density" thing. Another thing that expensive duplexes do: cost less per unit than an expensive single-plex on the same property would cost.[/quote]
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