Recent comments in /f/vermont

RoyalIndependence500 t1_j7qwryj wrote

I have a friend in the federal government (a law enforcement division) who currently works out West. Of course he can’t discuss much, but he has commented that the situation is much worse than the public realizes. He has concerns that we are in a long term situation that will deteriorate much sooner than any of us realize. I hope he is wrong, but he is not prone to exaggeration.

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Ok-Title-270 t1_j7qvygo wrote

>So? "Good paying" is relative to the region.

There's no housing crisis there so clearly it's working much better than here. You can rent a decent apartment there for 1/2 of what it would cost in Burlington, if you can even find one.

>We will not hit a McMansion saturation point in Vermont before a large portion of the population is crushed and forced out of the state. Even then, it may never happen. You place too much faith in the free market

You place too much faith in the government, which has never managed a housing market well. There's really not that many people who can afford a mcmansion in this state so I think it would shake out pretty quickly

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Jerry_Williams69 t1_j7qup4b wrote

"It's a university town with a huge hospital system supplying many good paying jobs"

So? "Good paying" is relative to the region.

We will not hit a McMansion saturation point in Vermont before a large portion of the population is crushed and forced out of the state. Even then, it may never happen. You place too much faith in the free market.

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Ok-Title-270 t1_j7qu4au wrote

>We haven't reached that saturation point. Not even close.

Exactly, my point is we need to allow more building to occur if we want to drive down housing costs on the long term.

>How does the average income in Gainesville compare to the price of that "affordable" housing? Might not be affordable to the locals.

It's a university town with a huge hospital system supplying many good paying jobs

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