Quote:
Originally Posted by Vlajos
We absolutely don't want the "community" making these decisions. Most people have no understanding of real estate development and markets at all. I see it all the time in my neighborhood, with people constantly lamenting what gets built or what doesn't.
"Ugh, more luxury condos just what the neighborhood needs".
"We need more affordable housing".
"I really wish a cute bakery would take over that long vacant space".
It all comes down to economics. Affordable housing costs the same as market rate housing to build and operate (sometimes more). The reason there is no artesinal bakery is become we don't have enough people with high disposable income. All basic concepts that flies over the head of the vast majority of people.
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haha yes.
I see this all over the country. My moms town in Arkansas, Jonesboro, constantly runs stories on the local news talking about this or that new store or restaurant. There are *always* constant complaints by people saying "why aren't we getting something fun for the kids" etc. etc.. They act like this is a communist country or something where there is like one person or board who decides what every parcel of land gets lol