paytonchung :vtbus: · @paytonc
573 followers · 331 posts · Server towns.gay

Another in action example. Townhouses built just before Raleigh upzoned are $1M-$1.3M apiece. Legalizing flats next door is for smaller new homes at 1/3 the price.

#MissingMiddleHousing #makingroom

Last updated 1 year ago

paytonchung :vtbus: · @paytonc
568 followers · 320 posts · Server towns.gay

Over in Arlington VA, a map of the first few permit applications shows *every single one so far* is in a wealthy area, and most are in areas with transit options. Shows that the concern-trolling over gentrification and traffic were red herrings. arlnow.com/2023/07/06/new-more

#MissingMiddleHousing

Last updated 1 year ago

GordonOfSeattle · @GordonOfSeattle
508 followers · 988 posts · Server social.ridetrans.it

One thing I’d really like to hear explicitly articulated is why people living in this building are less worthy members of our society when it’s a 6-plex (as in the picture) compared to when it was a 1-plex. Looking at you @AWCities.

#MissingMiddleHousing #Homes4WA

Last updated 2 years ago

paytonchung :vtbus: · @paytonc
537 followers · 270 posts · Server towns.gay

Heartened by state level successes on , but not sure where to start?
AARP has you covered with a new paint-by-numbers Model Act that even newbie state legislators can use to abolish single-family-only zoning in their state:
aarp.org/livable-communities/h

#MissingMiddleHousing

Last updated 2 years ago

paytonchung :vtbus: · @paytonc
537 followers · 267 posts · Server towns.gay

NAACP general counsel to Arlington County board: reduced density "would prevent Black and other people of color from moving into Arlington… hinder the beneficial effects of increasing housing density, disproportionately put affordable housing out of the reach of Arlingtonians of color, & prevent… achieving its stated goal of reversing the impact of decades of segregationist housing policy" mcusercontent.com/6d686c29cfe3

#MissingMiddleHousing

Last updated 2 years ago

paytonchung :vtbus: · @paytonc
531 followers · 242 posts · Server towns.gay

has a significant operational cost advantage. Per 2021 US Census RHFS, avg monthly operational expenses per unit for 50+ unit properties were $502 and for 1-unit properties $517 -- substantially higher than the $412 for 2-4 unit buildings
census.gov/data-tools/demo/rhf

#MissingMiddleHousing

Last updated 2 years ago

paytonchung :vtbus: · @paytonc
505 followers · 223 posts · Server towns.gay

Legalizing does lower prices without threatening builders' profits - because they can make it up on volume. "Thompson... is seeing the same profit margins as before but on more revenue, resulting in a healthier bottom line" builderonline.com/land/plannin

#MissingMiddleHousing

Last updated 2 years ago

paytonchung :vtbus: · @paytonc
504 followers · 220 posts · Server towns.gay

An additional benefit to : its costs can slide down The Learning Curve, in a way that larger buildings can't.
@drvolts thread+pod on the learning curve: journa.host/@drvolts/109683417

#MissingMiddleHousing

Last updated 2 years ago

Rami Al-Kabra · @rami
289 followers · 1360 posts · Server absolutelyhar.am





---
RT @ramialkabra
I had to stop by Safeway last night on my way home. It was 11pm. As you can imagine the parking lot was EMPTY. 1/4 twitter.com/yeshomes4wa/status
twitter.com/ramialkabra/status

#housingcrisis #MissingMiddleHousing #WALeg #walex #letsgo

Last updated 2 years ago

paytonchung :vtbus: · @paytonc
375 followers · 172 posts · Server towns.gay

AUT asserts that $800K houses will be flipped into $2.5M plexes. That's not. how. this. works.

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RT @paytonchung
These brand-new market-rate condos are affordable at 110% of AMI - solidly middle-class.
The houses on either side are $1M.
(Re: that Seattle Times cartoon plying myths about ) twitter.com/justupthepike/stat
twitter.com/paytonchung/status

#MissingMiddleHousing

Last updated 2 years ago

Rami Al-Kabra · @rami
153 followers · 739 posts · Server absolutelyhar.am

"in the South" can also be replaced with "everywhere" because it's the same story all over the country.

---
RT @SouthernUrb
NOW AVAILIBLE | Our entire 4-part deep dive on the state of in the South.

Part 1 explains why small & affordable multi-family homes have disappeared:
southernurbanism.org/blog/miss
twitter.com/SouthernUrb/status

#housingcrisis #MissingMiddleHousing

Last updated 2 years ago

paytonchung :vtbus: · @paytonc
347 followers · 119 posts · Server towns.gay

At a conference where Calthorpe dismisses : "mom & pop could be lovely but is not going to work."
Ignores that millions of small developers, aka flippers, already exist throughout suburbs.

#MissingMiddleHousing

Last updated 2 years ago

paytonchung :vtbus: · @paytonc
270 followers · 86 posts · Server towns.gay

directly cuts land costs (25-30% of housing prices), and indirectly cuts hard costs 🧱👷‍♀️🚧 - and, if it's easier, soft costs 👩‍⚖️👩‍💻🗞️.

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RT @paytonchung
RSM's competitor Craftsman puts it differently: a wooden building that cost $10,000 to build in 1960 would cost $110,200 to build today. Here's their construction cost escalation figure, divided by CPI:
twitter.com/paytonchung/status

#MissingMiddleHousing

Last updated 2 years ago

paytonchung :vtbus: · @paytonc
270 followers · 83 posts · Server towns.gay

How can this continue? zoning reforms *lowered the marginal cost of production,* making it possible to deliver new homes at lower price points, where there's still unfulfilled demand. Like:

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RT @paytonchung
In a growing market, "replacement costs" (marginal cost of production) set a ceiling on prices.
When a cheap new car hit the market in India, used car prices dropped to match its price.
trak.in/tags/…
twitter.com/paytonchung/status

#MissingMiddleHousing

Last updated 2 years ago

paytonchung :vtbus: · @paytonc
267 followers · 71 posts · Server towns.gay

Multifamily construction rose 10X, mostly within urban core. 74% of add'l units in 2-3 story "mixed housing" zones; only 26% in the 5-story midrise apt zone. Rent growth has plunged.
Comp plan appeal board 2X'd housing needs forecast aupihp.govt.nz/procedures/

#MissingMiddleHousing

Last updated 2 years ago

paytonchung :vtbus: · @paytonc
223 followers · 39 posts · Server towns.gay

Even "big city" DC's laws define 👉15👈 different zoning districts where a 4500+ sq ft mansion is👌
…but the exact same quantity of house, in three "quintessentially DC!" rowhouses? 🚫🚫🚫

#MissingMiddleHousing

Last updated 2 years ago

paytonchung :vtbus: · @paytonc
213 followers · 25 posts · Server towns.gay

When Raleigh implemented citywide zoning, new houses in one of America's fastest gentrifying Census tracts changed: New 🏠 prices fell from $600-700s to $400-500s.
nytimes.com/interactive/2019/0

#MissingMiddleHousing

Last updated 2 years ago

paytonchung :vtbus: · @paytonc
213 followers · 23 posts · Server towns.gay

What's missing is the sweet spot for costs: . Lots less land than SFH, lots less labor/materials than high-rise (or even mid-rise). Brand-new, close-in MMH is already affordable to median income households, without subsidy (2018)

#MissingMiddleHousing

Last updated 2 years ago