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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][quote=Anonymous][quote=Anonymous][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] What’s your plan b when this doesn’t generate much new housing? Hope isn’t a strategy. [/quote] What's your plan b if it does? Crystal balls aren't a basis for good policy-making.[/quote] I hope it does. I'm in favor of more density but I think the outcomes Thrive advocates claim are unlikely based on the state of the market. What is it like to be so certain your policy is the only way even when you lack to creativity/critical thinking skills to put together a forecast even remotely based in reality?[/quote] What are you talking about? Nobody is saying that it's duplexes or bust. There are multiple strategies, some market-based, some not.[/quote]
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