We heard from the home builders, and developers, and GEDA. We did not hear from consumer groups...
--the housing bubble was not unforeseen, builders and developers helped increase the bubble--i.e. they made bad business decisions?
--according to them we have "pent up demand" but they also stated we have have about 148,000 vacant lots — a 117-month supply.... meaning we have an abundance of supply not demand the idea that we need to "get people back into the market place" is absurd no? [what they mean is the market place for new homes but we're talking about the housing market broadly when we are speaking about economic development because vacant homes and homes that won't sell hurt economic development also?]
--tax credits or reductions for vacant lots or houses helps those who are sitting on over capacity--why not help those trying to sell or buy the homes they are in rather than investors? Those who are sitting on vanct lots or empty houses helped perpetuate the crisis and profit off it--bad business decisions on their part
would a tax credit for down payment on housing be only on new houses or any house on the market?
--why should regulatory arena be more even across the state? Why view home building as a statewide industry? Thats to assume that urban and rural housing needs the same regulation. One would assume that we would have to have the tighter urban regulations on rural areas which would make no sense? [i'm certain builders would want rural regulations on urban areas--which would harm urban areas?]
--removing impact fee's on roads would be the single biggest cost that would be passed on to local communities and would increase incentive to build (by reducing cost to builder) beyond the means of the existing roads?
here's the ajc article: Legislature considers ways to jump-start home building
--what was the deal with the cut your own firewood because of global warming joke from the chair?
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