| With real estate prices experiencing a bit of a pull
back in many markets and topped out in others we see that so
many people may not be able to buy homes based on their
current wages and rising interest rates. Even more alarming
is that many who had bought homes at or near the top of the
market with variable loans may find their interest rates
increasing their monthly mortgage payments and therefore are
in jeopardy of losing their homes due to foreclosures.
Accelerating affordable housing projects makes sense and now
with many builders slowing down and not investing in new
housing tracts it makes sense to streamline regulations and
make it more enticing for them to build affordable housing
and work on downtown renewal projects. Unfortunately the
blob of bureaucracy is curtailing such things and we find
that there are so many barriers to entry in even building a
simple project that many builders from the recent housing
boom are simply saying thank you and retiring.
No sense in battling city planning commissions, building
permits and lawyers to help the common good by building
affordable housing. We need to take a good hard look as to
what we are doing in America as we stick it to our
entrepreneurial building companies and find ways to help
them help all of us and our civilization to better and more
affordable housing. Consider all this in 2006.
"Lance Winslow" - Online
Think Tank forum board. If you have innovative thoughts
and unique perspectives, come think with Lance;
http://www.WorldThinkTank.net/wttbbs/
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