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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: portage who wrote (8920)	2/16/2003 6:17:46 PM
From: MSI	Read Replies (1) \| Respond to of 306849

Such crap. "Right now we're probably building 150,000 fewer homes (statewide) each year than we need because government agencies aren't approving the lots" That's what the bureaucracy says, "we need more money to approve your (insert whatever you need most here, lots, home construction plans, water, oxygen)". The facts are much, much different. Instead of $65 (sixty-five dollars US) to approve home construction in Nevada outside Bullhead City (in 2001 that included it all, environmental review, structural review, all of which took 30 minutes, and you walk out of the office w. your stamp), it costs THIRTY-THOUSAND DOLLARS AND TAKES MONTHS IF YOU'RE LUCKY in the Bay Area, and most other places where there's any money to shaken loose from trapped builders and homeowners. In some places the shakedown approaches $100,000. Repeat: it is NOT BECAUSE THEY NEED MORE MONEY TO APPROVE LOT SPLITS AND HOME CONSTRUCTION PLANS. Like the DOD, they control your destiny and always need more money. But, the more money they get, the longer it takes, the more it costs, and the worse the result. The unexpected benefit should be better planning, better environment, less congestion, cheaper homes, better style of living etc. Instead, since the bureaucracy follows no goal other than self-perpetuation, the results are exactly the opposite. Reversing Prop 13 would simply increase the unlimited appetite for even more damaging bureaucracy. The best law ever passed in CA was the constitutional amendment requiring half the budget go for education, Prop 13 comes in second. Term limits is right up there. None of that matters as much as overturning the stranglehold on the US economy by the Beltway, however.