It's all part of the plan

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Atlanta moves to destroy single-family zoning

In a move that bites the hand that feeds it, Atlanta recommends moving to abolish the suburbs ahead of the Biden administration requiring the city to do so. Buckhead is not what is traditionally considered a suburb. Residents there provide about 20% of the city’s budget, and their children attend Atlanta Public Schools. However, it is an area of the city primarily made up of neighborhoods with single-family homes.

Atlanta would like to change that. According to the Saporta Report, single-family zoning comprises 63% of Atlanta’s land area. In 2018, Mayor Bottoms said her vision was One Atlanta, a more “affordable, resilient and equitable city.”

Their proposals include:

  • End single-family zoning, allowing any property owner by right to build an additional dwelling unit (called an “Accessory Dwelling Unit,” or ADU) on any lot now zoned for one family residence.

  • Allow the property owner by right to then subdivide the lot and sell the ADU separately on its own “flag lot,” then presumably build another and repeat the process.

  • “Loosen” the building requirements, such as size and height, for ADU’s making them cheaper, encouraging the use of modular housing technology.

  • Reduce minimum lot sizes and minimum set-backs from the street and adjacent properties to get more buildings onto every property.

  • Allow any property owner within one-half mile of a MARTA station to build an apartment building with up to 12 units, regardless of the neighborhood’s zoning.

  • End minimum residential parking requirements citywide so that new apartment and condominium buildings would not have to provide parking for their residents requiring them to park on city streets.

  • End minimum parking requirements for commercial properties, allowing more of them to occupy a given area.

If you wonder why BlackRock and other investment firms are outbidding traditional home buyers, plans like this are a clue. Even though this is the plan for residential neighborhoods within the City of Atlanta, it is precisely the kind of initiatives the Biden administration is trying to force through the Affirmatively Furthering Fair Housing policy using highway funds as leverage.

RelatedTrump Was Right: The Biden Administration Is Intent on Destroying the Suburbs

Investment firms really can’t lose. If the Biden administration is successful, or if cities like Atlanta voluntarily adopt these rules, as Minneapolis and the entire state of Oregon already have, it is a win. Investment firms can carve up single-family properties and add additional units of varying sizes and shapes to them. Depending on local rules, the new housing will be sold or rented. In cases where an entire development is purchased, as it was outside Houston, investment firms can knock them down, build high-density apartment buildings, and create an endless income stream. If the Biden plan fails, they still have long-term investment rental properties.

Buckhead is getting a preview of what residential communities all over the country will be facing if the Biden administration gets its way. President Trump tried to tell suburban voters that Democrats were on a mission to destroy their communities. You only need to look at what is going on in Atlanta to know he was right.