Costs of Development
So, Folks, how do you like them utility bills? Is bigger really
better?!
You're in luck if you love them because they are going to be
more that way, when the city gets around to building a new sewer plant. Which
it cannot NOT do because we are outgrowing the old one. Here we see another of
the hidden costs of development not paid by developers, but by the wider
community. The public—that’s me and you, folks, paying various taxes that
support local government—pays these costs.
Our previous developer is sunning his buns some place down
south, and I warrant before long our current ones will be, too. The public providing
them the margins for things like a 2nd home in the sun, is part of the reason
ordinary Americans are finding it increasingly difficult to make ends meet.
Meanwhile, hand-wringing about the demise of the middle class
continues unabated. Ironically, government
itself is responsible (via the demise of unions, the big bank bail-out) and
it will continue unabated until the citizenry insists that the people who are
actually benefiting from development pay more of their share. Tell your the governor,
the mayor, your councilman and representative there should be a infrastructure premium paid by developers.
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