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Metropolitan DC Local Politics
Reply to "We need homes. A lot of homes. Not just affordable, but also middle-income homes."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]“Who ismaking the claim that this is about affordable housing? And zoning doesn't protect developer's profit margins. Restrictive zoning places an artificial cap on the value of the underlying land.” If this isn’t about affordable housing - why upzone at all?[/quote] DC should upzone because there is a chronic mismatch between supply and demand. Do you think upzoning should be allowed only if it produces affordable housing? Do you use that criterion to evaluate all public policy?[/quote] The proper public policy response to affordable housing isn't just upzoning. It's also making it costly for developers to underutilize land. The latter will have a greater and more immediate effect on housing production than the former.[/quote]
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