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Metropolitan DC Local Politics
Reply to "Why are renters or people who live with their parents allowed to vote on matters of zoning & "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I would more annoyed at the 25yr old kids who live in their parent's basement voting versus renters. [/quote] Can't afford houses because greatest generation and boomers put in place single family only zoning ordinances which encourages development of primarily higher tier properties leaving them completely priced out of markets. The "starter home" is a thing of the past.[/quote] Dunno, I bought a starter home in a crappy condo in Annandale in 2015 with savings from living with roommates. Three years later, I got married, and I sold the condo with a good paint job and netted $43,000 more than I paid for it. We used that plus savings from working two jobs each to buy a crappy townhouse in South Arlington. We are preparing to put that townhouse on the market and should net about $80,000 from it. We are using that equity plus saving my net salary for a year and money from side jobs for the down payment on dated single family house in Arlington. First baby due in April and we will use our maternity and paternity leaves to work on the house. Not sure if the condo is the starter home, the townhouse, or the single family house. What do you think?[/quote]
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