State regulations and taxes are the problem. The people who can afford to build apartments are big money. Reduce zoning regulations, property taxes and get rid of Urban Growth Boundaries to expand land use and create competition. Then rents would go down. Government over reach is the problem period.
We moved to Bend, after our town of Paradise, ca. Burned down to buy a home and got priced out immediately! We are now "Apartment Dwellers", that feel somewhat without a stake in this "Great Community!"
Abso-friggin'-lutely!!! Bs don't pay their fair share due to tax loopholes and because they mostly acquire their enormous wealth thru investments that are NOT taxed, like income is for us peons. They also can pass their wealth on to heirs and there is no inheritance tax either.
And RENT CONTROL!!
ReplyState regulations and taxes are the problem. The people who can afford to build apartments are big money. Reduce zoning regulations, property taxes and get rid of Urban Growth Boundaries to expand land use and create competition. Then rents would go down. Government over reach is the problem period.
ReplyWe moved to Bend, after our town of Paradise, ca. Burned down to buy a home and got priced out immediately! We are now "Apartment Dwellers", that feel somewhat without a stake in this "Great Community!"
ReplyAnd Bideneconomics
Reply