END Single family free standing home construction NOW!

4 posts / 0 new

The American economy needs to lose its dependency on housing construction. Specifically, in a world where environmental depletion has scientist preoccupied with how to live in outer space and government budgets are under severe stress of bankruptcy the era of the single family free standing home desperately needs to stop.

Wall Street can get just as many mortgages to feed off (read “13 Bankers” by authors Simon Johnson and James Kwak) from multi-family residential ownership buildings. Building theses structures employs the same construction workers. What is more, multi-family dwellings don’t impose the diseconomies of sprawl on providers of municipal services, construction assemblies can be shared to save natural resources, maintenance of the buildings requires less duplication of goods and services, and housing people in general in such buildings doesn’t consume as much land.

Build High Density condos.

Problem – Special Interest Groups.

telliottmbamsc's picture
telliottmbamsc
Joined:
May. 20, 2010 4:06 am

Comments

The problem isn't special interest groups. There is no lobby for single family homes. There are developers who make investments buying land at a market rate and are not subsidized.

The problem is what consumers demand, and they demand units that don't have shared walls and do have a yard. If consumers demand something, and there is a supply for it that can be delivered for the price they expect, it will be done. The only way to change demand as I see it would be to educate consumers on land use practices and hope that changes what types of residences they demand.

It all boils down to do you want a 3 story condo in the middle of town or do you want a sprawling ranch house with 1 acre of land 1 hour out of town. You're paying for location. When the city sprawls out to hit that 1 acre parcel, then it might make sense(financially speaking in the short term) to redevelop it as 3 story condos.

makuck's picture
makuck
Joined:
Mar. 31, 2010 10:13 pm

And that is why we have regulation and laws, to curb peoples behavior so they don't hurt themselves

telliottmbamsc's picture
telliottmbamsc
Joined:
May. 20, 2010 4:06 am

There are also Tiny Houses, use a fraction of the resources over traditional homes through economizing space.

downix's picture
downix
Joined:
Oct. 12, 2010 11:04 am

Latest Headlines

Five things you need to know about this week's market crash

Giant market declines like the one we had on Monday are simply a fact of market life, but it was a bit unusual, compared with others

Thousands of Syrian refugees continue to reach Europe

According to reports of several Syrian refugees, the price for the boat is around 1,200 U.S. dollars per person. The captain of the boat is one of the passengers that receives training for five minutes

US sanctions czar due in Israel for Iran deal talks

President Barack Obama was set to speak directly to the North American Jewish community about the Iran nuclear deal via a live webcast to shore up support for the agreement

"Unequal Protection: How Corporations Became People."

Thom Hartmann Here with an excerpt from my book “Unequal Protection: How corporations became “people” - and how you can fight back.”
-----

Powered by Drupal, an open source content management system