Reply to MoCo looking at increasing income taxes for those making above $150K

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]When the average property price is close to $1m this targets the wrong people and is overly broad.  One day rhe Democrats will realize this.[/quote]

The average property price is not close to $1m[/quote]

Data are funny.  Andrew Friedson, Artie Harris and Jason Sartori all loudly proclaimed that the average MoCo detached SFH was over $1M when promoting the AHS initiative.  Thing was, that was a mean, with heavy influence from multi-million-dollar sales, when they all knew that a median would be a more appropriate measure of affordabity.  And it didn't consider available attached/multi-family dwellings, because those weren't what they said people needed (though the housing they were suggesting be allowed to fill in the detached SFH neighborhoods would be so).  But putting that fuller picture out there wouldn't make a selling narrative for them, now, would it?

Of course average prices for all MoCo properties, including attached & multi-family are not (yet) close to $1M, especially as a median.  I think the prior PP was remembering the above rhetoric, though.[/quote]

I’m still not clear on how more rental apartments help people buy homes. Friedson’s argument seemed to be “we know you want cheaper houses to buy, so here are some rentals, and here are some property tax breaks for people who build rentals.” It makes no sense[b]. The overwhelming majority of renters would rather purchase, so why do they keep pushing rentals?[/b][/quote]

I agree they don't support homeownership enough, but there isn't enough land to build a ton more SFH. Condos are problematic from this standpoint and also not that desirable for people.[/quote]

“We’re out of land” is a bad take. Developers are adding townhouses now and plenty more townhouses could replace some of the empty office parks in mid-county. People want to settle here. It’s a desirable market for putting down roots. Other markets are more desirable for renters, and we know this because rents are higher in those markets. [/quote]

Yes, they are building townhouses. Is your argument that they are building tons of townhouses but are being stopped from building enough? Or just that they shouldn't build rental apartments?[/quote]

Townhouses pay higher impact fees than any other type of housing. Using the same logic that apartment developers used to get their fees cut and property taxes forgiven, they’d be able to build more townhouses if they weren’t tax and fee burdened. [/quote]

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