Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Most of "downtown" Arlington; Cathedral Commons, the Wharf, Navy Yard, 14th Street, H Street, U Street, Bethesda Row, Pentagon Row, I could go on, just in the DC area.
Haven’t all those places gotten MORE expensive?
You're missing the point. Development of a particular piece of land is going to be done because it can be converted to a higher use, so yes, the thing you build is going to be more expensive than the thing it replaces. It would be hard to get people to put money up otherwise. The idea is that by building more housing you increase the supply and prices across the market don't rise as much as they would have otherwise.
It's hard to prove whether it works or not because you can't run controlled experiments. Who knows what prices in DC would be if Cathedral Commons hadn't been built? It's just too speculative.
In other words, YIMBY does not actually produce the benefits that it's proponents tout
Anonymous wrote:Anonymous wrote:Anonymous wrote:Most of "downtown" Arlington; Cathedral Commons, the Wharf, Navy Yard, 14th Street, H Street, U Street, Bethesda Row, Pentagon Row, I could go on, just in the DC area.
Haven’t all those places gotten MORE expensive?
You're missing the point. Development of a particular piece of land is going to be done because it can be converted to a higher use, so yes, the thing you build is going to be more expensive than the thing it replaces. It would be hard to get people to put money up otherwise. The idea is that by building more housing you increase the supply and prices across the market don't rise as much as they would have otherwise.
It's hard to prove whether it works or not because you can't run controlled experiments. Who knows what prices in DC would be if Cathedral Commons hadn't been built? It's just too speculative.
Anonymous wrote:Anonymous wrote:Most of "downtown" Arlington; Cathedral Commons, the Wharf, Navy Yard, 14th Street, H Street, U Street, Bethesda Row, Pentagon Row, I could go on, just in the DC area.
Haven’t all those places gotten MORE expensive?
Anonymous wrote:Most of "downtown" Arlington; Cathedral Commons, the Wharf, Navy Yard, 14th Street, H Street, U Street, Bethesda Row, Pentagon Row, I could go on, just in the DC area.
Anonymous wrote:Most of "downtown" Arlington; Cathedral Commons, the Wharf, Navy Yard, 14th Street, H Street, U Street, Bethesda Row, Pentagon Row, I could go on, just in the DC area.
Anonymous wrote:SF Bay Area resident here and the answer is there is no place in the Bay Area where this has worked well. But the giant construction companies absolutely love it. They’ve certainly benefited.
Anonymous wrote:SF Bay Area resident here and the answer is there is no place in the Bay Area where this has worked well. But the giant construction companies absolutely love it. They’ve certainly benefited.
Anonymous wrote:What is yimby?