Getting Ready to Build More Homes In Tulare? (Fresno, Bakersfield: foreclosed, crime rates)

[Des-Lab]

The city of Tulare-smack dab in the middle of the San Joaquin Valley midway between Bakersfield and Fresno. A town that, although it has a few decent parts-mainly on the eastern and northeastern sides of town, isn't exactly that bastion of forward looking promise; much of the town is blighted, crime rates of various types are at astronomical rates, unemployment is anywhere from 18% to 35%-depending on what source you believe, has its fair share of foreclosed and unsold homes. Granted, it's no Merced or Modesto, but for a little town like Tulare, there are plenty. Numerous graded, half completed, and abandoned subdivisions litter the eastern half of the city along the Mooney Blvd cooridor.

And now I see that several more large lots are being graded and prepped for MORE construction.

Whiskey Tango Foxtrot?

I want to know, in light of all the preceeding, what idiots at the City Council 1) approved these projects and 2) are spending the money thinking they'll turn a profit?

Is there any possible logic to this or is it something along the lines of "yes. the housing market is in the toilet, but we need jobs now. We'll put people to work on building them NOW and deal with the actual issue of getting them sold, paid for, and occupied at some other time".

We are what? 4 years into the housing crash. I get the whole lead time of environmental reviews, planning, zoning, and all of that. But does it really take THAT long? Not like ample time didn't exist to put the brakes on these new projects and instead worry about completing the half finished ones instead. Maybe they'll do what Las Vegas did: demolish them, get them off the market. Then, using a complex array of stimulus, tax breaks, and other slush fund monies, put people to work by building them right back up.

[MIKEETC]

Originally Posted by Des-Lab

The city of Tulare-smack dab in the middle of the San Joaquin Valley midway between Bakersfield and Fresno. A town that, although it has a few decent parts-mainly on the eastern and northeastern sides of town, isn't exactly that bastion of forward looking promise; much of the town is blighted, crime rates of various types are at astronomical rates, unemployment is anywhere from 18% to 35%-depending on what source you believe, has its fair share of foreclosed and unsold homes. Granted, it's no Merced or Modesto, but for a little town like Tulare, there are plenty. Numerous graded, half completed, and abandoned subdivisions litter the eastern half of the city along the Mooney Blvd cooridor.

And now I see that several more large lots are being graded and prepped for MORE construction.

Whiskey Tango Foxtrot?

I want to know, in light of all the preceeding, what idiots at the City Council 1) approved these projects and 2) are spending the money thinking they'll turn a profit?

Is there any possible logic to this or is it something along the lines of "yes. the housing market is in the toilet, but we need jobs now. We'll put people to work on building them NOW and deal with the actual issue of getting them sold, paid for, and occupied at some other time".

We are what? 4 years into the housing crash. I get the whole lead time of environmental reviews, planning, zoning, and all of that. But does it really take THAT long? Not like ample time didn't exist to put the brakes on these new projects and instead worry about completing the half finished ones instead. Maybe they'll do what Las Vegas did: demolish them, get them off the market. Then, using a complex array of stimulus, tax breaks, and other slush fund monies, put people to work by building them right back up.

The answer is it is a free market. If the developer wants to take the risk of building homes in this economy, then so be it.