Affordable housing, the non-problem that won’t go away!
I also continued my rants on “affordable housing” yesterday. We appear to have some affordable homes for sale at Lake Chelan, in spite of the regulations from our state and local governments that are doing every thing possible to make sure we don’t have any. The problem isn’t “affordable housing” but the cost of regulation and fees being imposed by local and state government.
Just look at the city budgets of Chelan and Wenatchee to see how these local tax districts regulate affordable housing away and then tax the citizens to subsidize it! That logic could only work in our current upside down era. In fact, maybe that’s what this period in history will become, the Upside Down Age!
I found an article that explains the issue in clear language that is probably too clear for some. Click the link to read more!
The problem of skyrocketing housing prices was all too real in those places where this problem existed. When you have to live on half your income because the other half goes for housing, that’s a real downer.
Almost invariably, these severe local problems had local causes — usually severe local restrictions on building homes. These restrictions had a variety of politically attractive names, ranging from “open space” laws and “smart growth” policies to “environmental protection” and “farmland preservation.” – Chelan Real Estate Blog
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