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For years now the private sector has avoided multifamily housing due to the construction defects law. There have been many attempts to change the inequity but the Dems at the statehouse are holding tight. Maybe they prefer the government projects over letting the market work and using the private sector. DMB needs to explain this situation.
You optimists obviously have no experience trying to get $500 out of an irresponsible person. I could spend hours describing the ensuing excuses and run around that will occur. If you put them in jail that would be playing into their hands. My theory is that I would rather owe money than to be owed.
When it comes to multifamily units we find that no one wants to develop because of the construction defects law. This puts the market off limits because the liability exposure is off the charts. The one holdup here is the Democrats at the state level refuse to rescind this albatross. Maybe DMB could enlighten us and explain her vote.
Scott, I seldom blog anymore and one of the reasons is that I don't need a critique on every thought that I utter. You don't even understand what I am trying to say and I would appreciate it if you would tend to your knitting or whatever it is that you do.
What has happened in the past is a problem and will not be corrected. We have the union backed by a political party that would like us to follow their elitist standards. Down thru history those looking to control schools were an nefarious lot indeed. It seems to be very important that the left is in charge here. What ever happened to the diversity that they preach?
We need to sit tight and let the market work. There will always be the "visionaries" that can lead us to the promised land with OPM. Once we get the needed workforce, that will result in an influx of new development as a result and we are back to square one. Each successive round of development will only bring bigger problems.
With cooperation from the local governments to make it possible to furnish low cost units then we have taken the first step. Hermacinski cautioned about the no growth faction and it is a problem. The SB700 threatened to put more inventory on the market and folks balked at the thought of their property being devalued. Maybe the only solution is to let the market work it's magic. Social engineers are always ready to do their thing and warp the marketplace.
Given the history of this election I can not give any credence to any decisions made by the board. Historically unions look out for number one and I cannot remember the time that this did not ring true.
The real issue is that the unions were meddling in local matters. Regardless of the effort to right the ship, outside interference and the politics that are involved is not tolerable.
Chris, The time for understanding has long expired, the coup has to be dealt with first.
Last login: Tuesday, January 10, 2017
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