Thursday, May 3, 2007

Affordable Housing

Food for thought...

Developer Fernando Pages Ruiz (author of Building an Affordable House) writes in Fine Homebuilding magazine:

Taxpayer-funded subsidies are a sloppy solution to the housing crisis. Throw enough free money at a house, and a mansion becomes affordable. But we're not a nation rich enough to do this at a level that would make a tangible difference. Public funds for subsidized home ownership are chronically short, and handouts aren't valued as much as achievements won through hard work.

I advocate a free-market method of delivering affordable housing, a method I have practiced for nearly 20 years: I look for undesirable land at a low cost; I spend as much time as it takes to make my plans cost-effective; and I struggle with municipalities to obtain the highest density possible. Only then do I turn to government dollars to help buyers qualify at a mortgage rate they can afford.

Question: Is the school board moving in the right direction?

1 comment:

Anonymous said...

If you had all of the teachers living in one area (apartment complex), wouldn't that open them up to dangerous situations. When we see that some of the schools have had to be locked down several times because of bomb threats, wouldn't a bunch of teachers living in one complex become a target as well? Not only would the new teachers have to worry about being at school, but they would have to worry about being at home too.