Submitted by BalancingAct247 t3_z57gkk in ColumbiaMD
i_live_in_maryland t1_ixwspkm wrote
Reply to comment by CookieMonster932 in Political vibes in Columbia? by BalancingAct247
> such as townhomes
Dude, townhomes in Columbia are >$600k now. IDK about new apartment complexes, but I doubt anyone living in the Merriweather District or Ten.M or whatever is going in there because it is cheap.
"High density" housing (townhomes and apartments) is not automatically "affordable". People need to realize it so we can stop gifting this stuff to developers and then scratching our heads when it's still impossible for non-rich people to live in the county.
CookieMonster932 t1_ixww4hr wrote
The best way to lower housing costs for all but especially for people on the lower income ladder is to increase the supply of housing. The White House recognizes that the housing shortage increases home prices for everyone. The most expensive type of home to build and therefore buy is a single detached home. Townhomes are cheaper and apartments less than that. And yes affordable is relative to the costs of housing in the community and that cost is very high, median price 570k in HoCo.
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