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Politics : Politics for Pros- moderated
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To: DMaA who wrote (257397)7/10/2008 1:21:48 PM
From: Neeka   of 793927
 
This is something that is usually not taken into consideration, but I heard a great example on a local radio show yesterday. (a liberal talk show at that)

Fellow called in to complain that it had taken 21 months and over $130,000 in interest to the bank to obtain a permit from the city of Seattle for a straight forward townhouse duplex project. (four living spaces in all)

Unfortunately for younger people that aren't able to spend more than $300 - $350 thou on a home in Seattle, the cost of each unit just went up by $30 thou apiece thanks to that delay and the ineptitude of government bureaucracy.
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