Reply to Missing Middle middle finger -- seller insists on SFH restriction

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Love to see it. “Missing middle” serves to enrich developers and nothing more. Hopefully people have begun to recognize that. [/quote]

[b]Totally agree and I can't believe how much my lot value has gone up since MM. [/b]It's a boomer grab as much as for developers. [/quote]

It’s almost painful having a discussion with proponents of MM who don’t understand how the economy works. Your real estate valuation didn’t go up because of MM. It would be too early for that as MM is untested and developers have no idea if it will work. You wouldn’t see an impact yet. And also, relative to other DMV areas (all without MM), it didn’t really go up that much.

In % change in average median sold price from 2023 to 2024
Oakton was up 31%. Then came Annandale, Fairfax Station, Vienna, Fairfax, Burke, Fairfax County, Great Falls, Lorton, Reston, Alexandria, Centreville.

Arlington clocked in after all of these towns at 7.8%. If I were stupid, I would point to this and say “look Arlington is less desirable than those 12 towns because of MM!” But that’s not how the economy works.

https://www.foxessellfaster.com/blog/washington-dc-metro-real-estate-market-april-2024-insights-and-analysis/

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