Thursday 24 July 2003
‘Transit’ Housing Subsidies Redux
The Post gets the facts straight, but can’t connect the dots:
I was a bit incredulous yesterday that this scheme could possible include everything that it seemed to include; I assumed I was missing something important. But, no, it appears that nearly everything in the Washington area is indeed ‘transit-friendly’. The Post cites program officials as claiming that there are “about 7,000 houses and apartments for sale in qualifying areas”.
The Post notes without comment that the program still assumes that people will own two cars (what happens if they buy a third, I wonder? Do they get foreclosed?), and the story does not question the disconnect between the fact the qualifying properties must be within a half-mile of a rail station or a quarter-mile of a bus stop, and the fact that nearly everything in the area qualifies.
At the moment, according to the MRIS multiple-listing service, the major Washington-area jurisdictions have the following number of houses and condominiums on the market:
I didn’t bother to restrict my search to areas definitely within the program’s boundaries, I just counted everything for sale within the political jurisdictions in question. It does in fact look like nearly all housing in the Washington area is now considered transit-friendly.Posted by tino at 19:29 24.07.03
Posted by: Paul Johnson at July 25, 2003 09:44 AM
Posted by: Tino at July 25, 2003 10:46 AM
Posted by: Betsy Markum at November 9, 2005 02:09 PM
Posted by: Tino at November 10, 2005 10:49 AM