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Metropolitan DC Local Politics
Reply to "Marc Elrich doesn’t think there “is demand for market housing.” He’s never going to fix our housing."
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[quote=Anonymous][quote=Anonymous] [b]I’d be happy to see alternative scenarios based on real data[/b] that show MF probably is the most profitable use of land in areas where SF demand is highest. But I’m not persuaded by your mythical $1 million acre of land and 8 $400k units. I’d consider buying one of those $400k units and renting it out at market rate because it would have a decent cap rate. [/quote] And if the zoning changes happen, you'll be able to. But right now, there are no real data, because it's not allowed.[/quote]
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