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Metropolitan DC Local Politics
Reply to "Can anyone cite an example in which YIMBY policies have worked?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Most of "downtown" Arlington; Cathedral Commons, the Wharf, Navy Yard, 14th Street, H Street, U Street, Bethesda Row, Pentagon Row, I could go on, just in the DC area.[/quote] Haven’t all those places gotten MORE expensive?[/quote] You're missing the point. Development of a particular piece of land is going to be done because it can be converted to a higher use, so yes, the thing you build is going to be more expensive than the thing it replaces. It would be hard to get people to put money up otherwise. The idea is that by building more housing you increase the supply and prices across the market don't rise as much as they would have otherwise. It's hard to prove whether it works or not because you can't run controlled experiments. Who knows what prices in DC would be if Cathedral Commons hadn't been built? It's just too speculative. [/quote] I agree with PP. I also believe that purely for ethical and moral purposes, we should always incorporate rent-controlled housing in the denser living spaces we build. This is how the downtown Bethesda has stayed socio-economically diverse, despite the stratospheric prices of SFHs and condos in Bethesda. Also, other developed countries have build higher-density housing for decades, to help with housing scarcity. It's an arms race: housing can never keep up with demographics, but at least if you try hard enough, you don't marginalize too many people! Some US cities have only started to have this problem in the 21st century, but some wealthy European and Asian nations have been grappling with this for ages. [/quote]
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