|Re: Afforability||<– Date –> <– Thread –>|
|From: Brian Bartholomew (bbstat.ufl.edu)|
|Date: Mon, 11 Jan 2010 13:07:16 -0800 (PST)|
"Rob Sandelin" <floriferous [at] msn.com> writes: > If housing development was cheap and easy everybody would be doing it. That's exactly right. If housing development was cheaper and easier, lots more semi-poor people would be living in houses, all over the world. If a house was something you could bring home from the store and pull a rip cord to inflate, then anybody who wanted to could be living in a house. The closest real world approach to this is probably a yurt kit, which fits in a pickup truck. > It's neither. That's also exactly right. I wonder why that is? Why aren't there yurt cohousings forming everywhere, full of people who've lost their house to foreclosure? Suppose you wanted to form a budget cohousing, made from Katrina cottages at mobile home spacing with a center common house, on a vacant lot urban enough to bicycle to shopping. Let's say $70K purchase price for each household. This is affordable, and you start by hiring construction workers to lay sewer pipes in the ground -- > The building permit department has so few permit applications that > they have laid off 75% of their staff from 2 years ago. -- but as soon as the caterpillars arrive, the remaining building permit department shows up to stop you. After they finish telling you what they will permit you to build, your price will have increased over three times, from $70K to the $250K we observe today. This is why the low end of housing costs as much as it does. Where does the political support for all this permitting come from? Well, I've had a cohouser tell me that she wasn't about to pay all that money into a mortgage, only to have her resale value lowered by being next door to a Katrina cottage. The voters that want to raise the minimum price of housing by political means have succeeded; the consequence is that housing is now less affordable than it otherwise would be. We will have affordable housing when home purchasers start telling the neighbors they don't get a veto for cosmetics. Brian
- Re: Afforability, (continued)
- Re: Afforability Matt Lawrence, January 8 2010
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