Anonymous wrote:The unwritten story here is that these buildings with a small number of condos will turn into disasters for the condo owners. The idea that these small condo associations will be managed well is zero. Disputes will arise. Finances will be poor. Basic maintenance will be ignored. Condo owners will make no money on them. I would never advise anyone, including my children, to buy one. The only people that will profit will be the developers and other real estate professionals.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Lots of tendentious arguments here about cities none of us live in.
You could, instead, just look around DC. Neighborhoods where the housing stock has greatly increased over the past decade or so have gotten a lot more expensive, not less expensive.
Look at Navy Yard. Look at U Street. Look at 14th Street. Look at H Street. Look at Shaw. Look at Logan Circle....
Reasoning from a price change: rookie mistake!
I don't know why everyone decided to replace the word "gentrification" with "upzoning." It's the same thing (and, no, just because you *wish* we could build giant apartment buildings in Georgetown doesn't change that). No one doubted what gentrification did to housing prices, and no one should think the result will be any different just because you've relabeled gentrification as "upzoning."
The reason you don't know why is because it didn't happen. They are different things. There might be upzoning and then gentrification, but gentrification can also happen without upzoning, and guess what? Upzoning can also happen without gentrification.
Uh, sure, in theory. In reality, it basically only happens in ungentrified areas. How else is DC getting so incredibly white? Because developers buy homes from black people and turn them into luxury condos they then sell to white people.
Subdividing a large rowhouse into multiple condos makes money for the developer (first and foremost), the architects, contractors, and the real estate professionals. The condos however are not cheap, and cost a small fortune.
Which costs less, a condo in a large rowhouse subdivided into multiple condos, or a large rowhouse?
Condos are the engines of gentrification. They drive up the price of everything.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Lots of tendentious arguments here about cities none of us live in.
You could, instead, just look around DC. Neighborhoods where the housing stock has greatly increased over the past decade or so have gotten a lot more expensive, not less expensive.
Look at Navy Yard. Look at U Street. Look at 14th Street. Look at H Street. Look at Shaw. Look at Logan Circle....
Reasoning from a price change: rookie mistake!
I don't know why everyone decided to replace the word "gentrification" with "upzoning." It's the same thing (and, no, just because you *wish* we could build giant apartment buildings in Georgetown doesn't change that). No one doubted what gentrification did to housing prices, and no one should think the result will be any different just because you've relabeled gentrification as "upzoning."
The reason you don't know why is because it didn't happen. They are different things. There might be upzoning and then gentrification, but gentrification can also happen without upzoning, and guess what? Upzoning can also happen without gentrification.
Uh, sure, in theory. In reality, it basically only happens in ungentrified areas. How else is DC getting so incredibly white? Because developers buy homes from black people and turn them into luxury condos they then sell to white people.
Subdividing a large rowhouse into multiple condos makes money for the developer (first and foremost), the architects, contractors, and the real estate professionals. The condos however are not cheap, and cost a small fortune.
Which costs less, a condo in a large rowhouse subdivided into multiple condos, or a large rowhouse?
Condos are the engines of gentrification. They drive up the price of everything.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Lots of tendentious arguments here about cities none of us live in.
You could, instead, just look around DC. Neighborhoods where the housing stock has greatly increased over the past decade or so have gotten a lot more expensive, not less expensive.
Look at Navy Yard. Look at U Street. Look at 14th Street. Look at H Street. Look at Shaw. Look at Logan Circle....
Reasoning from a price change: rookie mistake!
I don't know why everyone decided to replace the word "gentrification" with "upzoning." It's the same thing (and, no, just because you *wish* we could build giant apartment buildings in Georgetown doesn't change that). No one doubted what gentrification did to housing prices, and no one should think the result will be any different just because you've relabeled gentrification as "upzoning."
The reason you don't know why is because it didn't happen. They are different things. There might be upzoning and then gentrification, but gentrification can also happen without upzoning, and guess what? Upzoning can also happen without gentrification.
Uh, sure, in theory. In reality, it basically only happens in ungentrified areas. How else is DC getting so incredibly white? Because developers buy homes from black people and turn them into luxury condos they then sell to white people.
Obviously gentrification only happens in ungentrified areas. How would you go about gentrifying an area that is already gentrified?
DC is currently 38% non-Hispanic white.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Lots of tendentious arguments here about cities none of us live in.
You could, instead, just look around DC. Neighborhoods where the housing stock has greatly increased over the past decade or so have gotten a lot more expensive, not less expensive.
Look at Navy Yard. Look at U Street. Look at 14th Street. Look at H Street. Look at Shaw. Look at Logan Circle....
Reasoning from a price change: rookie mistake!
I don't know why everyone decided to replace the word "gentrification" with "upzoning." It's the same thing (and, no, just because you *wish* we could build giant apartment buildings in Georgetown doesn't change that). No one doubted what gentrification did to housing prices, and no one should think the result will be any different just because you've relabeled gentrification as "upzoning."
The reason you don't know why is because it didn't happen. They are different things. There might be upzoning and then gentrification, but gentrification can also happen without upzoning, and guess what? Upzoning can also happen without gentrification.
Uh, sure, in theory. In reality, it basically only happens in ungentrified areas. How else is DC getting so incredibly white? Because developers buy homes from black people and turn them into luxury condos they then sell to white people.
Subdividing a large rowhouse into multiple condos makes money for the developer (first and foremost), the architects, contractors, and the real estate professionals. The condos however are not cheap, and cost a small fortune.
Which costs less, a condo in a large rowhouse subdivided into multiple condos, or a large rowhouse?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Lots of tendentious arguments here about cities none of us live in.
You could, instead, just look around DC. Neighborhoods where the housing stock has greatly increased over the past decade or so have gotten a lot more expensive, not less expensive.
Look at Navy Yard. Look at U Street. Look at 14th Street. Look at H Street. Look at Shaw. Look at Logan Circle....
Reasoning from a price change: rookie mistake!
I don't know why everyone decided to replace the word "gentrification" with "upzoning." It's the same thing (and, no, just because you *wish* we could build giant apartment buildings in Georgetown doesn't change that). No one doubted what gentrification did to housing prices, and no one should think the result will be any different just because you've relabeled gentrification as "upzoning."
The reason you don't know why is because it didn't happen. They are different things. There might be upzoning and then gentrification, but gentrification can also happen without upzoning, and guess what? Upzoning can also happen without gentrification.
Uh, sure, in theory. In reality, it basically only happens in ungentrified areas. How else is DC getting so incredibly white? Because developers buy homes from black people and turn them into luxury condos they then sell to white people.
Subdividing a large rowhouse into multiple condos makes money for the developer (first and foremost), the architects, contractors, and the real estate professionals. The condos however are not cheap, and cost a small fortune.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Lots of tendentious arguments here about cities none of us live in.
You could, instead, just look around DC. Neighborhoods where the housing stock has greatly increased over the past decade or so have gotten a lot more expensive, not less expensive.
Look at Navy Yard. Look at U Street. Look at 14th Street. Look at H Street. Look at Shaw. Look at Logan Circle....
Reasoning from a price change: rookie mistake!
I don't know why everyone decided to replace the word "gentrification" with "upzoning." It's the same thing (and, no, just because you *wish* we could build giant apartment buildings in Georgetown doesn't change that). No one doubted what gentrification did to housing prices, and no one should think the result will be any different just because you've relabeled gentrification as "upzoning."
The reason you don't know why is because it didn't happen. They are different things. There might be upzoning and then gentrification, but gentrification can also happen without upzoning, and guess what? Upzoning can also happen without gentrification.
Uh, sure, in theory. In reality, it basically only happens in ungentrified areas. How else is DC getting so incredibly white? Because developers buy homes from black people and turn them into luxury condos they then sell to white people.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Lots of tendentious arguments here about cities none of us live in.
You could, instead, just look around DC. Neighborhoods where the housing stock has greatly increased over the past decade or so have gotten a lot more expensive, not less expensive.
Look at Navy Yard. Look at U Street. Look at 14th Street. Look at H Street. Look at Shaw. Look at Logan Circle....
Reasoning from a price change: rookie mistake!
I don't know why everyone decided to replace the word "gentrification" with "upzoning." It's the same thing (and, no, just because you *wish* we could build giant apartment buildings in Georgetown doesn't change that). No one doubted what gentrification did to housing prices, and no one should think the result will be any different just because you've relabeled gentrification as "upzoning."
The reason you don't know why is because it didn't happen. They are different things. There might be upzoning and then gentrification, but gentrification can also happen without upzoning, and guess what? Upzoning can also happen without gentrification.
Uh, sure, in theory. In reality, it basically only happens in ungentrified areas. How else is DC getting so incredibly white? Because developers buy homes from black people and turn them into luxury condos they then sell to white people.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Lots of tendentious arguments here about cities none of us live in.
You could, instead, just look around DC. Neighborhoods where the housing stock has greatly increased over the past decade or so have gotten a lot more expensive, not less expensive.
Look at Navy Yard. Look at U Street. Look at 14th Street. Look at H Street. Look at Shaw. Look at Logan Circle....
Reasoning from a price change: rookie mistake!
I don't know why everyone decided to replace the word "gentrification" with "upzoning." It's the same thing (and, no, just because you *wish* we could build giant apartment buildings in Georgetown doesn't change that). No one doubted what gentrification did to housing prices, and no one should think the result will be any different just because you've relabeled gentrification as "upzoning."
The reason you don't know why is because it didn't happen. They are different things. There might be upzoning and then gentrification, but gentrification can also happen without upzoning, and guess what? Upzoning can also happen without gentrification.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Lots of tendentious arguments here about cities none of us live in.
You could, instead, just look around DC. Neighborhoods where the housing stock has greatly increased over the past decade or so have gotten a lot more expensive, not less expensive.
Look at Navy Yard. Look at U Street. Look at 14th Street. Look at H Street. Look at Shaw. Look at Logan Circle....
YMIBYism has a lot of virtues but making housing cheaper isn’t one of them. YIMBYism should be looked at as an economic development policy and judged on ROI. As it has been practiced, YIMBYism has no redeeming social value.
The thing is YIMBYism has become a badge of honor with all the yard signs, t-shirts, and shaming of others who don’t agree. Interestingly, developers, architects, and many republicans are YIMBY so it’s one area where the affordable housing advocates, progressives, the creative professions, and pro business republicans unite.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Lots of tendentious arguments here about cities none of us live in.
You could, instead, just look around DC. Neighborhoods where the housing stock has greatly increased over the past decade or so have gotten a lot more expensive, not less expensive.
Look at Navy Yard. Look at U Street. Look at 14th Street. Look at H Street. Look at Shaw. Look at Logan Circle....
Reasoning from a price change: rookie mistake!
I don't know why everyone decided to replace the word "gentrification" with "upzoning." It's the same thing (and, no, just because you *wish* we could build giant apartment buildings in Georgetown doesn't change that). No one doubted what gentrification did to housing prices, and no one should think the result will be any different just because you've relabeled gentrification as "upzoning."
Anonymous wrote:Anonymous wrote:Anonymous wrote:Lots of tendentious arguments here about cities none of us live in.
You could, instead, just look around DC. Neighborhoods where the housing stock has greatly increased over the past decade or so have gotten a lot more expensive, not less expensive.
Look at Navy Yard. Look at U Street. Look at 14th Street. Look at H Street. Look at Shaw. Look at Logan Circle....
Reasoning from a price change: rookie mistake!
I don't know why everyone decided to replace the word "gentrification" with "upzoning." It's the same thing (and, no, just because you *wish* we could build giant apartment buildings in Georgetown doesn't change that). No one doubted what gentrification did to housing prices, and no one should think the result will be any different just because you've relabeled gentrification as "upzoning."
Anonymous wrote:Anonymous wrote:Lots of tendentious arguments here about cities none of us live in.
You could, instead, just look around DC. Neighborhoods where the housing stock has greatly increased over the past decade or so have gotten a lot more expensive, not less expensive.
Look at Navy Yard. Look at U Street. Look at 14th Street. Look at H Street. Look at Shaw. Look at Logan Circle....
YMIBYism has a lot of virtues but making housing cheaper isn’t one of them. YIMBYism should be looked at as an economic development policy and judged on ROI. As it has been practiced, YIMBYism has no redeeming social value.
Anonymous wrote:Lots of tendentious arguments here about cities none of us live in.
You could, instead, just look around DC. Neighborhoods where the housing stock has greatly increased over the past decade or so have gotten a lot more expensive, not less expensive.
Look at Navy Yard. Look at U Street. Look at 14th Street. Look at H Street. Look at Shaw. Look at Logan Circle....