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the people moving there expect those "government" bodies to provide service... why shouldn't they get their share of taxes?
if someone wanted to live without a school district, no sewage system, no water system, no electrical system, no safety requirements; they can move to an off grid area for fairly cheap. Pay for the people to bring supplies to them, because there is no/little road infrastructure (since they don't want to pay the taxes for it)
Those houses will be paying taxes for the services. It's paying twice. Now, you will say, utilities may charge an upfront fee for connection. But that is credited towards future bills. You can rest assured none of the taxing bodies are providing a credit on future property tax bills.
It's a government failure caused by corporate/capitalistic/elitist interests. The reason not enough low-income/moderately priced housing is not being built is because not enough incentives for it from the government side and capitalistic side of the equation. When zoning/planning changes by government either local or larger (state,federal) they are usually not to the benefit of the common man but those with the resources to dictate policy.
If today's policy were place in a post WW2 America in the late 40s through the 60s then the US would not be where it is in the world now in the world's current economic structure.
The real reason moderately priced housing is not offered by builders today is because middle class Americans have stopped buying homes. Prices have risen to the point it is making people second think taking on the debt to buy it. This is good for them, but bad for the housing market which is supported these days on more and more buying to rent out to people at inflated prices which make it hard or impossible for them to save. It's a vicious circle unique to this zomble economy.
If it's not the governments fault now, why did the Government have to step in to bail out the too big to fail banks and insurance companies when they all made those toxic home loans in the first decade of this century. This allowed the banks to foreclose on homes that loans had defaulted and then sell them for quarters on the dollar to hedge funds who then made them into rental property.
The rich get richer and the middle class keeps paying higher prices with lower wages.
It's no surprise that now the richest 1% now owns more than half of all the world’s household wealth.
Now if they could only legalize slavery they could get rid of the minimum wage, but then again, who would be left to pay the taxes ?
"The president of an employer group in California's Silicon Valley offered advice about housing to leaders in Oregon's Silicon Forest, where a 2016 study estimates that Washington County is at least 14,000 homes short for lower-income people."
Has the market (and capitalism) failed, or has government failed?
The government has failed to regulate the housing industry.
We need people - homeowners and renters, members of the Daughters of the American Revolution and fresh immigrants. And yes, we need Freemkt and Perma Bear!
Ohio Peasant, did you notice freemkt responded to just about everyone but didn't respond to you (or me).
Yes there are places that are small and affordable but it is much more fun to complain.
There's also the problem that someone living on the edge doesn't have relocation expenses. I wonder if it would be easier and cheaper to address that than build housing in high demand areas. Throw in some maintenance/renovation classes while you are at it.
Intrusion of government into "minimum habitability standards" is, by itself, a failure of government to do the right thing. But it is not a failure of government insofar as it is exactly what the protectionist homeowner majority WANTS.
There’s a difference between the government failing and the government not doing what you think they should do. I wouldn’t call enforcement of minimum habatibilty a failure of goverment, but more a policy choice you disagree with. With so many different, often contradictory, opinions on different issues, there are always going to be some people who think the goverment is doing the exact wrong thing. Not everyone even agrees that affordable housing is desirable or something the goverment should promote, much less on the specific details of how to achieve those things.
When “your side” can’t win elections, your two realistic options are to move to somewhere better or do a better job pushing the issues of importance.
If it's not the governments fault now, why did the Government have to step in to bail out the too big to fail banks and insurance companies when they all made those toxic home loans in the first decade of this century. This allowed the banks to foreclose on homes that loans had defaulted and then sell them for quarters on the dollar to hedge funds who then made them into rental property.
The rich get richer and the middle class keeps paying higher prices with lower wages.
It's no surprise that now the richest 1% now owns more than half of all the world’s household wealth.
Now if they could only legalize slavery they could get rid of the minimum wage, but then again, who would be left to pay the taxes ?
Yup, I said when it was going on that they created one of the biggest, if not the biggest socialist transfer of wealth. Since then, they have been able to keep home prices high by limiting supply as less people own homes. We now have one of the lowest home ownership rates in history, but the media raves about how great the housing market is.
There’s a difference between the government failing and the government not doing what you think they should do. I wouldn’t call enforcement of minimum habatibilty a failure of goverment, but more a policy choice you disagree with. With so many different, often contradictory, opinions on different issues, there are always going to be some people who think the goverment is doing the exact wrong thing. Not everyone even agrees that affordable housing is desirable or something the goverment should promote, much less on the specific details of how to achieve those things.
When “your side” can’t win elections, your two realistic options are to move to somewhere better or do a better job pushing the issues of importance.
Doesn't that effectively equate to an unfunded individual mandate?
Homeowners have vested financial and lifestyle interests in opposing the creation of additional - or more affordable - housing in their neighborhoods, thus I would not expect homeowners to agree that affordable housing is desirable or something the government should promote.
Politics is inherently class warfare, and it's no accident that the people with the money and votes are winning. It is politics that keeps me living where I do, because here I have a feasible chance of winning some of the battles.
Last edited by freemkt; 11-26-2017 at 12:54 AM..
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