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January 24, 2011
Descent into Drivel: Affordability is Key!
Sometimes sorta smart Joel Kotkin phones it in with this thumbsucker: Why Affordable Housing Matters
So what does this tell us about future growth? Clearly affordability matters. Areas that combine strong income and job growth, along with affordable housing, are poised to do best.Zzzzzzzz....
Posted by Vanderleun at January 24, 2011 3:02 PM. This is an entry on the sideblog of American Digest: Check it out.
Your Say
If a person has "strong" enough income, lots of housing becomes affordable. The whole housing bubble was caused by people being told that housing beyond their means was affordable to them. Uncle Sam should not be removing incentives to working harder to get ahead by subsidizing those who are too lazy to do so. That type of behavior on the government's part only removes a prime motivator for increased productivity.
Posted by: Roger Drew Williams at January 24, 2011 4:34 PM
Roger: Can't top what you have written. Well said.
Can I add that the writer of the article seems very optimistic about the future for affordable housing, considering that industry has shifted to China? May I also add most young college graduates who should have been able to find jobs, will be jobless because there are none, and jobs found, will be considerably less. Affordable housing is only affordable if one has the means in which to pay for it. Without a job, the cheapest dwelling might as well be the most expensive.
Posted by: Cilla Mitchell, Galveston Texas at January 25, 2011 3:17 AM
May I suggest two storey tents. Quite affordable.
Posted by: Peccable at January 25, 2011 3:25 AM
I have a sneaking suspicion that our housing will be made in China in the not too distant future. Before you come to a conclusion on the possibility of that happening, please consider the fact that I personally have been involved with supervising the building of two hotels in Nassau, Bahamas that were constructed modularly in northeastern PA. One of them was a six-story deluxe hotel complete with marble floors and tile and the other was directly across the street from the Atlantis Hotel on Paradise Island. The units were shipped from PA already finished inside, right down to the mirrors on the walls and the plumbing fixtures. I am certain that the Chinese could easily deliver housing to CA cheaper than the cost of local manufacture considering their cost of labor.
Posted by: Roger Drew Williams at January 25, 2011 5:27 PM
Just avoid their sheetrock!
Posted by: Peccable at January 25, 2011 6:40 PM
If affordability is the key, then explain Detroit.
You know what else has affordable housing - any ghost town. But who would want to live there if they weren't on a 'Parks and Rec' salary?
Posted by: Mikey NTH at January 25, 2011 7:17 PM