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Metropolitan DC Local Politics
Reply to "Wes Moore Wants to Destroy Your Neighborhood"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Cities that have tried zoning changes to allow multiple residences on single lots have not experienced more affordable homes and created a developer bonanza. No reason to believe the result will be different in Maryland. [/quote] Exactly. A lot of this “movement” is driven by developers who manipulate the public and well intentioned but not well versed politicians to vote for YIMBY policies. The developers not only make big bucks off of the new homes (vs creating more affordable homes) but they are often getting enormous tax breaks that put the full burden of needed infrastructure and school expansion on the backs of the very same tax payers who can’t afford homes. Follow the money. In MoCo the drivers of these plans have been developers. Friedson and Glass, have taken money from developer lobbying groups. [/quote] This bill also allows developers to avoid paying impact fees until they are completely done with the project. This is a very risky policy that will financially ruin localities when a real estate market downturn occurs. If the developer goes bankrupt before they completely finish a development the county will get screwed out of impact fees. [/quote]
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