Anonymous wrote:Anonymous wrote:Anonymous wrote:There's five million people in the suburbs. There's <700,000 in DC. Don't you think a whole lot of people in Virginia and Maryland would like a shorter commute? Any new housing built in DC is going to be absorbed by people in the 'burbs. I guess that will open up new places in Gaithersburg and Ashburn and places like that. Yay?
There are also significantly more jobs in the suburbs than in DC. Most people that live in the suburbs work in the suburbs and there is actually a lot of commuting from DC to the suburbs.
Virtually everyone I know who lives in the suburbs is only there because they couldnt afford DC. They've move into the city in a second if they could.
Anonymous wrote:Anonymous wrote:We need homes. A lot of homes. Not just affordable housing, but also middle-income ones, and even luxury homes. I agree with virtually every word of Hayley Bonsteel’s excellent piece for The Urbanist titled “How to Finetune Rep. Macri’s Single-Family Rezone Bill.” I have long been opposed to single-family zoning (not housing), for a number reasons but largely because of its malicious history. Bonsteel is correct in that we must return to our abundant housing roots.
However, abolishing single-family zoning will barely move the needle on our housing crisis. We can’t duplex and triplex our way out of this—though it’s a good step since we do need more diverse types of housing, and rapidly. The decades long fight just to add, and then liberalize accessory dwelling units, or re-legalize duplexes and small apartments in now single-family zones, will pale in comparison to the needed shift.
We sit at the threshold of a decades long housing crisis, and a steepening climate crisis (one our mayor seems wholly unprepared to take on). The region includes some of the smartest and most sophisticated companies in the world, but rather than come to terms with the depth of the scale of this crisis, we put on blinders.
https://www.theurbanist.org/2020/01/29/housing-action-on-a-truly-massive-scale/
(2020)
About Seattle, but every word applies to the DC area EXCEPT that Seattle is farther along on zoning reform than we are.
We first need to upzone single family home lots.
That means Takoma Park. And Bethesda. And Ward 3 DC. Allow duplexes, triplexes, pop ups, and ADUs.
Then we need even more homes than that.
And if we don’t do all these things, average people will be priced out of anything within 90min of DC.
So many affordable homes in NE, SE, pg county-many are on the metro or Marc lines! What We need are good schools.
Anonymous wrote:Anonymous wrote:There's five million people in the suburbs. There's <700,000 in DC. Don't you think a whole lot of people in Virginia and Maryland would like a shorter commute? Any new housing built in DC is going to be absorbed by people in the 'burbs. I guess that will open up new places in Gaithersburg and Ashburn and places like that. Yay?
There are also significantly more jobs in the suburbs than in DC. Most people that live in the suburbs work in the suburbs and there is actually a lot of commuting from DC to the suburbs.
Anonymous wrote:There's five million people in the suburbs. There's <700,000 in DC. Don't you think a whole lot of people in Virginia and Maryland would like a shorter commute? Any new housing built in DC is going to be absorbed by people in the 'burbs. I guess that will open up new places in Gaithersburg and Ashburn and places like that. Yay?
Anonymous wrote:Anonymous wrote:There's five million people in the suburbs. There's <700,000 in DC. Don't you think a whole lot of people in Virginia and Maryland would like a shorter commute? Any new housing built in DC is going to be absorbed by people in the 'burbs. I guess that will open up new places in Gaithersburg and Ashburn and places like that. Yay?
There are also significantly more jobs in the suburbs than in DC. Most people that live in the suburbs work in the suburbs and there is actually a lot of commuting from DC to the suburbs.
Anonymous wrote:There's five million people in the suburbs. There's <700,000 in DC. Don't you think a whole lot of people in Virginia and Maryland would like a shorter commute? Any new housing built in DC is going to be absorbed by people in the 'burbs. I guess that will open up new places in Gaithersburg and Ashburn and places like that. Yay?
Anonymous wrote:There's five million people in the suburbs. There's <700,000 in DC. Don't you think a whole lot of people in Virginia and Maryland would like a shorter commute? Any new housing built in DC is going to be absorbed by people in the 'burbs. I guess that will open up new places in Gaithersburg and Ashburn and places like that. Yay?
Anonymous wrote:Anonymous wrote:This is honestly idiotic. If middle income people won’t live in duplexes they can’t live in dense urban housing. You can’t “policy” your way into affordable SFH in close-in urban areas.
People in NYC already know this. The rest of the country apparently is too stupid to get it.
Exactly. I am so, so tired of these people.
The only way for their to be "affordable homes" is for the government to build and subsidize them. If you are not advocating that, then all of these policy "reforms" are just nonsense.
Anonymous wrote:Anonymous wrote:Many cities here have ADU ordinances already. Do you know why they aren’t being built? The market, even the investor market which ironically would shut out new owners, won’t support it.
Even somewhat off the hook, you’re talking about a custom house, $150K, for a studio or studio plus, that may only rent for $1,200 a month. That’s a CAP rate of about 9%, but pretty average or even below average for Class B or worse property.
Easier than that is an index fund. Less risk, less work, more liquidity, and I don’t have to deal with landlord issues. That’s in an area that respects property rights. DC? Forget about it. I’d want at least 12% to make it worth my wild, and then no other issues, but at that point I’ll still take easy.
That’s why certain homes aren’t built. Everyone “needs” to get at least 4-8% off the deal, and if they don’t, it doesn’t happen and many don’t.
Sorry, this is wrong. We're not talking about building tiny mini-houses adjacent to one SFH. Although in some cases this might help, it's not upzoning.
First the true parts: yes, index funds (over the last 10 years when the market went up 5+% per year) are often better investments than RE. But they're uncorrelated and RE can help diversity a portfolio.
Onto the rest:
What we need is BY-RIGHT construction of 3-6 dwelling units on SFH-zoned lots. And, by-right, allow building higher: 4-8 stories. Yes, owners will hate this. You will hate it! NIMBYs will hate it. But it's the only way to increase housing units in DC.
I hesitate to engage your flawed economic analysis, but I will, briefly: take a $1.2 M SFH and lot. A developer buys it. Builds 6 units over 6 stories on that lot. Sells each for $500,000. Total revenue: $3M. Capital cost: 1.2M. Construction cost: say $1.5M. Profit for owner: $300k. Prices for other units in DC then go down because demand slightly decreases.
This is simple.
Anonymous wrote:Anonymous wrote:What do you think all of the townhomes, pseudo townhomes, and condos are? That’s middle housing and DMV is an outlier that it is actually building it.
What you socialists forget though is the market. Many don’t want to live with shared walls and overcrowded streets, far from jobs. At least not at the minimum price point that these things can be built for. That’s why there is a lack of housing at an entry level.
That and starter homes are a terrible investment and for condos basically entrapment.
In other areas, when home prices exceed what the majority of the market can pay, developers are building smaller to meet the price point.
Again it’s the market. Not just zoning, which is relatively permissive when it comes to density around here.
Never mind you or anyone else can buy in Anacostia right now. Super affordable. The problem is everything else, like safety and schools. Not zoning.
"Single-family homes take up a lot of space in the District"
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https://ggwash.org/view/71576/heres-how-much-of-dcs-housing-consists-of-single-family-homes
Anonymous wrote:Anonymous wrote:Anonymous wrote:We need homes. A lot of homes. Not just affordable housing, but also middle-income ones, and even luxury homes. I agree with virtually every word of Hayley Bonsteel’s excellent piece for The Urbanist titled “How to Finetune Rep. Macri’s Single-Family Rezone Bill.” I have long been opposed to single-family zoning (not housing), for a number reasons but largely because of its malicious history. Bonsteel is correct in that we must return to our abundant housing roots.
However, abolishing single-family zoning will barely move the needle on our housing crisis. We can’t duplex and triplex our way out of this—though it’s a good step since we do need more diverse types of housing, and rapidly. The decades long fight just to add, and then liberalize accessory dwelling units, or re-legalize duplexes and small apartments in now single-family zones, will pale in comparison to the needed shift.
We sit at the threshold of a decades long housing crisis, and a steepening climate crisis (one our mayor seems wholly unprepared to take on). The region includes some of the smartest and most sophisticated companies in the world, but rather than come to terms with the depth of the scale of this crisis, we put on blinders.
https://www.theurbanist.org/2020/01/29/housing-action-on-a-truly-massive-scale/
(2020)
About Seattle, but every word applies to the DC area EXCEPT that Seattle is farther along on zoning reform than we are.
We first need to upzone single family home lots.
That means Takoma Park. And Bethesda. And Ward 3 DC. Allow duplexes, triplexes, pop ups, and ADUs.
Then we need even more homes than that.
And if we don’t do all these things, average people will be priced out of anything within 90min of DC.
So many affordable homes in NE, SE, pg county-many are on the metro or Marc lines! What We need are good schools.
If we want to improve the lives of the poor and lower income residents, lets spend money improving their neighborhoods, from schools, infrastructure, parks, etc.
Anonymous wrote:This is honestly idiotic. If middle income people won’t live in duplexes they can’t live in dense urban housing. You can’t “policy” your way into affordable SFH in close-in urban areas.
People in NYC already know this. The rest of the country apparently is too stupid to get it.