Viewing a single comment thread. View all comments

UnfilteredFacts t1_ja8py44 wrote

Reply to comment by RVAPerson804 in How long do you think it is before RVA meets the same fate of cities like Austin? by piratestears

You think it's going back in the direction of single family homes? Maybe. I expect there will be companies or individuals buying properties to convert into apartments, and hold as an investment , but I guess some of the market is also composed of people wanting the whole house to themselves.

1

Charlesinrichmond t1_ja8voip wrote

no that's a money loser these days, not happening. It's the reverse, multi unit buildings going back to single families.

Also illegal under zoning, but that's not really what's stopping it

2

RVAPerson804 t1_ja9kxr9 wrote

The last census showed this trend as well, and the fan population actually went down. the only new multi fam in the Fan is tear downs of crappy stuff on the edge of the fan, plus the rich NIMBYS

1