Anonymous wrote:Anonymous wrote:Anonymous wrote:No it won’t. If you have a newly built house that can’t be torn down, your value immediately goes down if you have 16-20 people living next door to you.
Why can't it be torn down?
Really, you are this dumb? Because the house is worth almost 2 million dollars, not including the land…it literally makes no economic sense.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I don’t know much about this plan but I am sceptical of an economist who says increasing the density and amount of available housing will drive housing prices up.
Have you read the plan? Someone on here linked to it before, and even the 8-plex units were like $500K each and the townhomes were around $1.5 million. It's definitely a plan to increase density because housing at those prices won't do anything for low-income workers.
Just to follow up, this article has the slide with expected pricing. Examples:
$520K to $670K for an 8-plex
$1.1 to $1.4 million for a duplex
Good luck to the non-profit workers who think this will benefit them. Plenty of inventory out there already that is more competitively priced than this MM housing would be.
Who are all these people with enough money to spend $600K for a property who want to live in an 8-plex, especially in the age of remote work?
Nobody. They are all gong to be rental units.
Anonymous wrote:Anonymous wrote:No it won’t. If you have a newly built house that can’t be torn down, your value immediately goes down if you have 16-20 people living next door to you.
Why can't it be torn down?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:At the end of the day, no middle class families are moving into 4-plexes. Like everyone else, they want a SFH, not some lame townhouse with zero parking.
Adding density just brings in more young people, mostly those that used to live in DC but now want a bigger place to support WFH.
Yep.
And its fine to debate the merits of increasing the density, but its insulting to suggest families are going to be buying these 750k duplexes or condos. It will be young yuppies. Lets at least ne honest about that.
Middle-class families aren't going to move into unaffordable fourplexes, they are going to hold out for even more unaffordable detached houses?
But also those fourplexes are going to be loud because of all of the families living in them?
No... they are going to get their SFH where they can afford to! Like always.
It's 2023, not 1975. In 2023, middle-class families live in a lot of housing types that aren't detached houses, because they can't afford detached houses in locations that work for them. Very few people are moving from Arlington to rural Nebraska in order to be able to afford a detached house.
Now youre just being obtuse.
No one is saying the alternative to a particular neighborhood in Arlington is... Nebraska.
What's the alternative?
Ever look at a map of the DC metro area?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I don’t know much about this plan but I am sceptical of an economist who says increasing the density and amount of available housing will drive housing prices up.
Have you read the plan? Someone on here linked to it before, and even the 8-plex units were like $500K each and the townhomes were around $1.5 million. It's definitely a plan to increase density because housing at those prices won't do anything for low-income workers.
Just to follow up, this article has the slide with expected pricing. Examples:
$520K to $670K for an 8-plex
$1.1 to $1.4 million for a duplex
Good luck to the non-profit workers who think this will benefit them. Plenty of inventory out there already that is more competitively priced than this MM housing would be.
Who are all these people with enough money to spend $600K for a property who want to live in an 8-plex, especially in the age of remote work?
Anonymous wrote:No it won’t. If you have a newly built house that can’t be torn down, your value immediately goes down if you have 16-20 people living next door to you.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:At the end of the day, no middle class families are moving into 4-plexes. Like everyone else, they want a SFH, not some lame townhouse with zero parking.
Adding density just brings in more young people, mostly those that used to live in DC but now want a bigger place to support WFH.
Yep.
And its fine to debate the merits of increasing the density, but its insulting to suggest families are going to be buying these 750k duplexes or condos. It will be young yuppies. Lets at least ne honest about that.
Middle-class families aren't going to move into unaffordable fourplexes, they are going to hold out for even more unaffordable detached houses?
But also those fourplexes are going to be loud because of all of the families living in them?
No... they are going to get their SFH where they can afford to! Like always.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:At the end of the day, no middle class families are moving into 4-plexes. Like everyone else, they want a SFH, not some lame townhouse with zero parking.
Adding density just brings in more young people, mostly those that used to live in DC but now want a bigger place to support WFH.
Yep.
And its fine to debate the merits of increasing the density, but its insulting to suggest families are going to be buying these 750k duplexes or condos. It will be young yuppies. Lets at least ne honest about that.
Middle-class families aren't going to move into unaffordable fourplexes, they are going to hold out for even more unaffordable detached houses?
But also those fourplexes are going to be loud because of all of the families living in them?
No... they are going to get their SFH where they can afford to! Like always.
It's 2023, not 1975. In 2023, middle-class families live in a lot of housing types that aren't detached houses, because they can't afford detached houses in locations that work for them. Very few people are moving from Arlington to rural Nebraska in order to be able to afford a detached house.
Now youre just being obtuse.
No one is saying the alternative to a particular neighborhood in Arlington is... Nebraska.
What's the alternative?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:At the end of the day, no middle class families are moving into 4-plexes. Like everyone else, they want a SFH, not some lame townhouse with zero parking.
Adding density just brings in more young people, mostly those that used to live in DC but now want a bigger place to support WFH.
Yep.
And its fine to debate the merits of increasing the density, but its insulting to suggest families are going to be buying these 750k duplexes or condos. It will be young yuppies. Lets at least ne honest about that.
Middle-class families aren't going to move into unaffordable fourplexes, they are going to hold out for even more unaffordable detached houses?
But also those fourplexes are going to be loud because of all of the families living in them?
No... they are going to get their SFH where they can afford to! Like always.
It's 2023, not 1975. In 2023, middle-class families live in a lot of housing types that aren't detached houses, because they can't afford detached houses in locations that work for them. Very few people are moving from Arlington to rural Nebraska in order to be able to afford a detached house.
Now youre just being obtuse.
No one is saying the alternative to a particular neighborhood in Arlington is... Nebraska.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:At the end of the day, no middle class families are moving into 4-plexes. Like everyone else, they want a SFH, not some lame townhouse with zero parking.
Adding density just brings in more young people, mostly those that used to live in DC but now want a bigger place to support WFH.
Yep.
And its fine to debate the merits of increasing the density, but its insulting to suggest families are going to be buying these 750k duplexes or condos. It will be young yuppies. Lets at least ne honest about that.
Middle-class families aren't going to move into unaffordable fourplexes, they are going to hold out for even more unaffordable detached houses?
But also those fourplexes are going to be loud because of all of the families living in them?
No... they are going to get their SFH where they can afford to! Like always.
It's 2023, not 1975. In 2023, middle-class families live in a lot of housing types that aren't detached houses, because they can't afford detached houses in locations that work for them. Very few people are moving from Arlington to rural Nebraska in order to be able to afford a detached house.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:At the end of the day, no middle class families are moving into 4-plexes. Like everyone else, they want a SFH, not some lame townhouse with zero parking.
Adding density just brings in more young people, mostly those that used to live in DC but now want a bigger place to support WFH.
Yep.
And its fine to debate the merits of increasing the density, but its insulting to suggest families are going to be buying these 750k duplexes or condos. It will be young yuppies. Lets at least ne honest about that.
Middle-class families aren't going to move into unaffordable fourplexes, they are going to hold out for even more unaffordable detached houses?
But also those fourplexes are going to be loud because of all of the families living in them?
No... they are going to get their SFH where they can afford to! Like always.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I don’t know much about this plan but I am sceptical of an economist who says increasing the density and amount of available housing will drive housing prices up.
Have you read the plan? Someone on here linked to it before, and even the 8-plex units were like $500K each and the townhomes were around $1.5 million. It's definitely a plan to increase density because housing at those prices won't do anything for low-income workers.
Just to follow up, this article has the slide with expected pricing. Examples:
$520K to $670K for an 8-plex
$1.1 to $1.4 million for a duplex
Good luck to the non-profit workers who think this will benefit them. Plenty of inventory out there already that is more competitively priced than this MM housing would be.
Anonymous wrote:Anonymous wrote:Anonymous wrote:At the end of the day, no middle class families are moving into 4-plexes. Like everyone else, they want a SFH, not some lame townhouse with zero parking.
Adding density just brings in more young people, mostly those that used to live in DC but now want a bigger place to support WFH.
Yep.
And its fine to debate the merits of increasing the density, but its insulting to suggest families are going to be buying these 750k duplexes or condos. It will be young yuppies. Lets at least ne honest about that.
Middle-class families aren't going to move into unaffordable fourplexes, they are going to hold out for even more unaffordable detached houses?
But also those fourplexes are going to be loud because of all of the families living in them?
Anonymous wrote:Anonymous wrote:At the end of the day, no middle class families are moving into 4-plexes. Like everyone else, they want a SFH, not some lame townhouse with zero parking.
Adding density just brings in more young people, mostly those that used to live in DC but now want a bigger place to support WFH.
Yep.
And its fine to debate the merits of increasing the density, but its insulting to suggest families are going to be buying these 750k duplexes or condos. It will be young yuppies. Lets at least ne honest about that.