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"If we have a booming economy (i.e. demand), shouldn't supply be booming as well?"

"No, it's not that the regs are killing the developers."

Then, what is it? Those regulations where the whole point. Now you're point seems to be they're not building middle class housing. Did you ever wonder why? Upgrading to fancy bathroom fixtures is cheap compared to pouring foundations, but the return is well worth it. The sad fact is that building is mostly a rich person's endevor. I'd say let's expidite the permiting process to get more of these projects in the pipeline. Maybe they'll over build and we'll end up with a bunch of affordable housing, it's happened before. I'm also for increasing density for setting aside affordable units like in MOCO, but personally, if we built the streetcar lines, we'd stimulate more development than all these option.

by Thayer-D on May 21, 2012 12:04 pm • link • report

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