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Real Estate
Reply to "Missing Middle middle finger -- seller insists on SFH restriction"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This is not good, that area needs more housing and more affordable than what SFHs fetch there.[/quote] As soon as they line Langston Blvd. with affordable rental apartments, Lyon Village will revert to where it was in the 1960s and 1970s -- group houses for Georgetown students, owned by batty people who inherited the house from their granny, and GS 12s who could afford to live in the houses because they need so much work. [/quote] Do you mean market rate apartments or Affordable Housing? As a practical matter, nobody can build 100 percent Affordable Housing complexes (CAFs) in places where they don't already exist. Where these type of buildings already exist, they can be redeveloped to include more units. But any new buildings that aren't currently Affordable Housing buildings with a will be luxury rentals with a paltry amount of Affordable units sprinkled in (if this ever even happens, which for a variety of reasons, is unlikely as proposed).[/quote]
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