Reply to MoCo seeking feedback on proposal to limit single family zoning

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Oh please.  You are probably an angry renter furious about the fact that you can't afford a home in your crappy MoCo govt job salary.  You want to take your frustration out on home owners because they're more successful than you, saved more diligently than you, and were able to buy a home as a result.  Just because you can have what they have you want to ruin their homes and neighborhoods.  If you want dense city life so much, go move to DC clown.  Millions of people in the country do not want sh!tty urban life.  Which is why they move to the burbs. Stop trying to bring urbanized cesspools to the burbs.  Maybe you should also better yourself so you can afford a home rather than rent. [/quote]

Yeah, right. Mommy and daddy paid all expenses for your overpriced, paper pushing education, which allowed you to "save more diligently" than others. You also hit the jackpot on the cock carousel, allowing you to get him to buy you your home (or at least allow you to pool your money) in exchange for birthing his children. So spare us your sanctimonious BS about saving more diligently and being more successful.

Housing is not an investment. You're gonna learn the hard way.[/quote]

Actually, housing is an investment. And it has been historically. Not sure where you are getting your “information” other than in the corridors of your resentment that people save for homes and rightfully expect that investment to be protected by their government.[/quote]

DP.  Housing is an expense.  A house is an asset.  That, along with the property, might appreciate or depreciate, depending on market conditions.  We have come to expect appreciation, and it is likely in a growing area due to general supply/demand.

Investment in a house/property has up front (down payment, transaction, move, etc.), periodic carrying (taxes, repair, etc.) and exit (transaction, any applicable cap gain tax, etc) costs that can be seen either as a part of one's housing expense, part of the investment expense or both.  It may end up being a good investment or a bad one, especially in light of alternate investment options (opportunity cost) and expenses related to alternate housing options (e.g., renting).

And you are correct, there is a reasonable expectation that government policy not undermine that investment, if not protect it.  There are many associated societal benefits.  That should be weighed and considered with other expectations of govenment, encouraging adequate housing among them.  Also with many associated societal benefits.

From the approach taken and from the resulting plan, that consideration among expectations appears to be sorely lacking in MoCo government at the moment.[/quote]

The government’s “solution” to finding more affordable housing should not fall on the backs of middle and working class people for whom their home in Silver Spring or Wheaton is not just a shelter but an investment.

It’s obtuse to suggest that housing isn’t an asset. It is. And for most middle class / working class homeowners this asset helps to fund retirement and/or enables people to live inexpensively in retirement due to the equity they’ve built in their home.

Further, this proposal is inherently not equitable - multiple areas in MoCo are exempt. Rockville, Gaithersburg, Takoma Park … so some people suffer and some people won’t because they just happened to buy in more affordable parts of MoCo and don’t have any protection. So again, some parts of the county will be disproportionately hurt by this proposal. …. And it will be areas with more black and brown homeowners.

Lastly, there’s nothing in this proposal that mandates affordable housing. It’s nothing but a handout to developers who want to exploit the very real need for housing. [/quote]

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