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Metropolitan DC Local Politics
Reply to "So does everything have to be YIMBY vs NIMBY now? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Adding more homes in D.C. isn't going to make a lick of difference to prices. Sorry. There is no amount of housing units that could realistically be added that would ever, ever, ever make a difference in housing costs. YIMBYs are in the business of bumper sticker solutions to complex problems. It's easier to demonize NIMBYs than to come up with realistic answers to the question of housing costs. [/quote] Evidence? You cant just say stuff you 'feel' is true. You can do better. Try again.[/quote] Well, there's a Federal Reserve paper showing that increasing density actually increases housing costs. You could also just look around you. Is New York City affordable? Almost no single family homes there.... What about Navy Yard? They kicked out all the black people living in single family homes to make way for thousands and thousands of condos now occupied primarily by white people. And what happened? Navy Yard is a hell of a lot more expensive than it was 10 years ago. D.C. has been adding thousands of housing units every single year for decades. Why isn't it affordable yet? Right now, the city has about 300,000 housing units. Even if you could increase that by 10 percent, which would be awfully ambitious, that would all be sponged up by people from the suburbs. We've got 5,000,000 people in the suburbs and surely a whole lot of them would like shorter commutes. I guess you could buy their old place in Reston...[/quote] Link to the fed working paper? (I assume not peer reviewed?) Meanwhile here are hundreds of articles refuting you: https://cayimby.org/research/ DC has had the slowest rate of rent increases of any large growing city in the USA during the Bowser era: (DATA: https://www.zillow.com/research/data/ DC are rents up are 27% since 2014. No other city in the top 75 metro areas has slower growth. DC was very expensive, now it is just kinda expensive. Hell, rents rose even faster in BALTIMORE! The average rent in the USA is $2007 now. in DC it is just $2263. Even places like the Seattle metro area are more expensive than DC. The DMV has built and built. Sure McLean is as expensive as ever, but overall the DC area hasn't seen the explosive growth in RENT that the rest of the country has seen. Again, could you give me any data other than a nebulous reference that you didn't link to?[/quote]
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