James Dwinell hits the nail on the head. Is anyone in Vermont listening? The Legislature and towns are driving up the costs of land and housing by well meaning laws, regulations, permit decisions, etc. The law of un(INTENDED?) consequences is alive and well.
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WE DIDN'T MEAN TO...
"The legislature and state and local agencies add incrementally to the building code, each new rule, regulation, code, or law increasing construction costs.
Add to that the increasing cost of the permit process and the holding costs of permit delays. You have significantly higher land cost, permit cost, and construction cost. Now add in inflation. There is no way wages can keep pace with increasing housing costs, most of them caused by the same governments which bemoan the lack of affordable housing.
The legislature decries the lack of affordable housing and of course blames greedy developers. We are lucky to have any developers willing to put themselves through the abuse incurred during the process. There will never be affordable housing."
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