Anonymous
07/30/2021 07:59
Subject: Re:We need homes. A lot of homes. Not just affordable, but also middle-income homes.
Anonymous wrote:Anonymous wrote:Anonymous wrote:"condo: $279,900 2 bd1 ba944 sqft Georgia Ave NW, Washington, DC 20012" - why can't Pete live where? Or the 1,000s of units like it already available in DC?
Agree! That's the issue in a nutshell. I hear people cry how the middle class can't afford to live here, but what they mean is that the middle class can't afford to live in the expensive neighborhoods of DC.
Also, who says they have to live in DC at all? Upper Georgia Avenue is the pitts, IMO. Many moderate-earning people could instead choose to buy a little condo in Gaithersburg or Springfield and commute in. Or, they could decide they want the convenience of DC and live in a less desirable area, like upper Georgia Avenue. Or.....they could move north just a little bit, into downtown Silver Spring, and buy an old but affordable condo there. Lots of options.
Still me. LOTS of condos in downtown Silver Spring, less than a mile from the DC line. Here's a 3-bedroom that sold for $200,000.
https://www.zillow.com/homedetails/1220-Blair-Mill-Rd-900-Silver-Spring-MD-20910/2100141385_zpid/
Oops. Just realized the one I quoted above was a "sold", back in 2019. So here's an example of a CURRENT 3-bedroom condo on sale for $200,000, also in Silver Spring.
https://www.zillow.com/homedetails/8830-Piney-Branch-Rd-APT-612-Silver-Spring-MD-20903/37325990_zpid/
Anonymous
07/30/2021 07:56
Subject: Re:We need homes. A lot of homes. Not just affordable, but also middle-income homes.
Anonymous wrote:Anonymous wrote:"condo: $279,900 2 bd1 ba944 sqft Georgia Ave NW, Washington, DC 20012" - why can't Pete live where? Or the 1,000s of units like it already available in DC?
Agree! That's the issue in a nutshell. I hear people cry how the middle class can't afford to live here, but what they mean is that the middle class can't afford to live in the expensive neighborhoods of DC.
Also, who says they have to live in DC at all? Upper Georgia Avenue is the pitts, IMO. Many moderate-earning people could instead choose to buy a little condo in Gaithersburg or Springfield and commute in. Or, they could decide they want the convenience of DC and live in a less desirable area, like upper Georgia Avenue. Or.....they could move north just a little bit, into downtown Silver Spring, and buy an old but affordable condo there. Lots of options.
Still me. LOTS of condos in downtown Silver Spring, less than a mile from the DC line. Here's a 3-bedroom that sold for $200,000.
https://www.zillow.com/homedetails/1220-Blair-Mill-Rd-900-Silver-Spring-MD-20910/2100141385_zpid/
Anonymous
07/30/2021 07:52
Subject: Re:We need homes. A lot of homes. Not just affordable, but also middle-income homes.
Anonymous wrote:"condo: $279,900 2 bd1 ba944 sqft Georgia Ave NW, Washington, DC 20012" - why can't Pete live where? Or the 1,000s of units like it already available in DC?
Agree! That's the issue in a nutshell. I hear people cry how the middle class can't afford to live here, but what they mean is that the middle class can't afford to live in the expensive neighborhoods of DC.
Also, who says they have to live in DC at all? Upper Georgia Avenue is the pitts, IMO. Many moderate-earning people could instead choose to buy a little condo in Gaithersburg or Springfield and commute in. Or, they could decide they want the convenience of DC and live in a less desirable area, like upper Georgia Avenue. Or.....they could move north just a little bit, into downtown Silver Spring, and buy an old but affordable condo there. Lots of options.
Anonymous
07/30/2021 07:26
Subject: Re:We need homes. A lot of homes. Not just affordable, but also middle-income homes.
"condo: $279,900 2 bd1 ba944 sqft Georgia Ave NW, Washington, DC 20012" - why can't Pete live where? Or the 1,000s of units like it already available in DC?
Anonymous
07/30/2021 07:23
Subject: Re:We need homes. A lot of homes. Not just affordable, but also middle-income homes.
Anonymous wrote:Anonymous wrote:Anonymous wrote:^ Also, the more SFHs GGW knocks down, won't the remaining become that much more expensive and unobtainable?
Knocking down SFHs will only drive people out of the City. What makes DC unique is that it has multiple neighborhoods of SFHs. And guess who pays the taxes-the owners of those homes.
Last time I checked, 4 300k units in a rowhouse is cheaper than a single 2 million dollar rowhouse.
Wanna check my math?
Do you think these don't exist? These units exist in droves in DC, as well as cheaper homes in neighborhoods Pete may not be considering. Pete could have one tomorrow if he wanted.. What you are really saying is he can't afford a million dollar rowhouses, which is "unfair",
Anonymous
07/29/2021 22:17
Subject: We need homes. A lot of homes. Not just affordable, but also middle-income homes.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Y’all built those needed homes yet or are you still just whining on this blog?
This forum is mostly NIMBYs who don't understand supply and demand.They think the 500+ people moving here every month will just magically find a new place to live.
There you go again blaming the NIMBYs while ignoring that a lot more units could be built but aren't.
GGW is mostly very gullible people who don't understand business. They think that if government allows more construction, then more construction will automatically happen because developers care more about increasing supply than they care about profits.
As market urbanism has come to play a bigger role in planning, housing shortages have gotten worse. Could that be because trickle down economics doesn't work?
Yup, because there is a cabal of developers looking to mess everyone over. Yup. Are they freemasons? Illuminati?
Lol.
Anyone is free to become a "developer". If there is demand for housing (there is) and no constraints on the market with crazy regs (there are) then more things will be built.
Market urbanism has caused the price increases? hahahahahaha. Yeah, tell that to San Francisco. How is all that rent control working out for them? Or, any city.
No city actually follows market urbanism, kid. The fact that you said that proves you know nothing.
I never said anything about a cabal. but you mention it a lot. Mens rea much?
Not anyone is free to become a developer. They need land.
Even with existing constraints, the developers who own land and have approved plans could build now, but they're not. Their own planning submissions, SEC reports, and industry reports say they're holding back supply to keep prices high. I guess if you ignore all three of those sources, your way of looking at the world is right.
Anonymous
07/29/2021 21:14
Subject: We need homes. A lot of homes. Not just affordable, but also middle-income homes.
Love the fear mongering over GGW, they are clearly living rent free in your heads. No NIMBY has ever answered this question. We are adding thousands of new jobs to the city every year. Where do those people live?
Oh, they outbid existing residents and cause displacement? Maybe we should be new apartments for them? Hmmm, crazy idea.
Oh, they outbid existing residents and cause displacement? Maybe we should be new apartments for them? Hmmm, crazy idea.
Anonymous
07/29/2021 21:12
Subject: We need homes. A lot of homes. Not just affordable, but also middle-income homes.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Y’all built those needed homes yet or are you still just whining on this blog?
This forum is mostly NIMBYs who don't understand supply and demand.
There you go again blaming the NIMBYs while ignoring that a lot more units could be built but aren't.
GGW is mostly very gullible people who don't understand business. They think that if government allows more construction, then more construction will automatically happen because developers care more about increasing supply than they care about profits.
As market urbanism has come to play a bigger role in planning, housing shortages have gotten worse. Could that be because trickle down economics doesn't work?
Yup, because there is a cabal of developers looking to mess everyone over. Yup. Are they freemasons? Illuminati?
Lol.
Anyone is free to become a "developer". If there is demand for housing (there is) and no constraints on the market with crazy regs (there are) then more things will be built.
Market urbanism has caused the price increases? hahahahahaha. Yeah, tell that to San Francisco. How is all that rent control working out for them? Or, any city.
No city actually follows market urbanism, kid. The fact that you said that proves you know nothing.
Anonymous
07/29/2021 21:09
Subject: Re:We need homes. A lot of homes. Not just affordable, but also middle-income homes.
Anonymous wrote:Anonymous wrote:^ Also, the more SFHs GGW knocks down, won't the remaining become that much more expensive and unobtainable?
Knocking down SFHs will only drive people out of the City. What makes DC unique is that it has multiple neighborhoods of SFHs. And guess who pays the taxes-the owners of those homes.
Last time I checked, 4 300k units in a rowhouse is cheaper than a single 2 million dollar rowhouse.
Wanna check my math?
Anonymous
07/29/2021 20:41
Subject: Re:We need homes. A lot of homes. Not just affordable, but also middle-income homes.
Anonymous wrote:^ Also, the more SFHs GGW knocks down, won't the remaining become that much more expensive and unobtainable?
Knocking down SFHs will only drive people out of the City. What makes DC unique is that it has multiple neighborhoods of SFHs. And guess who pays the taxes-the owners of those homes.
Anonymous
07/29/2021 20:11
Subject: We need homes. A lot of homes. Not just affordable, but also middle-income homes.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Affordable housing is a huge problem in The District! Just today, there was an article about how Secretary of Transportation Buttgig and his husband are unable to find an affordable home in DC. And the Secretary makes over $200k a year!
He can find a home with that kind of money. The problem is probably more that it’s just not up to his standards.
Their household student debt is very high.
+100
This is just another reason why student debt needs to be erased
No, we should not be giving money to people who make 2x AMI. Moreover, he had a high-paying job at McKenzie. He could have paid his loans off then. When I was a hired gun, the first thing I did was pay off my debt so I could take a lower salary later.
I'm confused...does home mean a residence or does it mean a single family house? He would certainly qualify for a condo mortgage on that salary! If it means SFH, why are we trying to bulldoze them all in DC to build condos? they will only get more expensive.
Anonymous
07/29/2021 19:57
Subject: We need homes. A lot of homes. Not just affordable, but also middle-income homes.
Anonymous wrote:Anonymous wrote:Y’all built those needed homes yet or are you still just whining on this blog?
This forum is mostly NIMBYs who don't understand supply and demand.
There you go again blaming the NIMBYs while ignoring that a lot more units could be built but aren't.
GGW is mostly very gullible people who don't understand business. They think that if government allows more construction, then more construction will automatically happen because developers care more about increasing supply than they care about profits.
As market urbanism has come to play a bigger role in planning, housing shortages have gotten worse. Could that be because trickle down economics doesn't work?
Anonymous
07/29/2021 18:55
Subject: We need homes. A lot of homes. Not just affordable, but also middle-income homes.
Anonymous wrote:Y’all built those needed homes yet or are you still just whining on this blog?
This forum is mostly NIMBYs who don't understand supply and demand.
They think the 500+ people moving here every month will just magically find a new place to live.
Anonymous
07/29/2021 17:35
Subject: We need homes. A lot of homes. Not just affordable, but also middle-income homes.
Y’all built those needed homes yet or are you still just whining on this blog?
Anonymous
07/29/2021 05:37
Subject: We need homes. A lot of homes. Not just affordable, but also middle-income homes.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Affordable housing is a huge problem in The District! Just today, there was an article about how Secretary of Transportation Buttgig and his husband are unable to find an affordable home in DC. And the Secretary makes over $200k a year!
He can find a home with that kind of money. The problem is probably more that it’s just not up to his standards.
Their household student debt is very high.
+100
This is just another reason why student debt needs to be erased
No, we should not be giving money to people who make 2x AMI. Moreover, he had a high-paying job at McKenzie. He could have paid his loans off then. When I was a hired gun, the first thing I did was pay off my debt so I could take a lower salary later.