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Of course, and I agree (…even as I’m looking at buying a few hundred acres of land in a desert three hours away from any town over 1000 people…). But you’ve got a lot of incentives working against that.
The town I’m in is starting to be a suburb of the city 90 minutes away; the town wants these people, and their homes from the low $400s, because that’s more tax base; they pay property taxes that the town wouldn’t otherwise have. So my town is happy–kind of–to be part of the problem.
That’s the big issue in my area. The city and it’s lovely corporate-sucking politicians keep putting out ‘information’ about the city being “X% developed!” The only thing being developed is more strip malls and high cost houses. Everything green and natural is disappearing. It’s all single-family sprawl, with only a few super-high luxury apartments scattered about and maybe 2-3 apartment buildings that anyone on a lower budget could afford. The politicians get their greedy fingers into higher tax revenues, the developing/building corporations sit back and suck up investor money, and investors get to suck up their profits because housing is relatively scarce and the cost for properties shoots through the roof.
Of course, and I agree (…even as I’m looking at buying a few hundred acres of land in a desert three hours away from any town over 1000 people…). But you’ve got a lot of incentives working against that.
The town I’m in is starting to be a suburb of the city 90 minutes away; the town wants these people, and their homes from the low $400s, because that’s more tax base; they pay property taxes that the town wouldn’t otherwise have. So my town is happy–kind of–to be part of the problem.
That’s the big issue in my area. The city and it’s lovely corporate-sucking politicians keep putting out ‘information’ about the city being “X% developed!” The only thing being developed is more strip malls and high cost houses. Everything green and natural is disappearing. It’s all single-family sprawl, with only a few super-high luxury apartments scattered about and maybe 2-3 apartment buildings that anyone on a lower budget could afford. The politicians get their greedy fingers into higher tax revenues, the developing/building corporations sit back and suck up investor money, and investors get to suck up their profits because housing is relatively scarce and the cost for properties shoots through the roof.