Stucco said:
Thank you for the link. Riveting!
Better get to work on something to replace NMT4, like a no lease by room ordinance.
We need to impose our own moratorium on impact fees, at least on every house of 2400 square feet or less in size; temporarily reduce the park fee and permit fee; drastically reduce developer fees, and let the private sector go to work building houses as quickly as possible. All of this until our single family housing market catches up.
We should offer incentives for ETJ land developments to voluntarily annex into the city limits to grow our footprint and leverage private sector ingenuity and speed to grow our way out of this.
It's fundamentally unhealthy for a city to enact policies that box out the working class and the young. We need a healthy population pyramid to grow with us.
This town was very good to my family because it afforded opportunity. I owe this city a lot. That's the only reason I'm doing this. Because had I landed here post Air Force as a 26 year old today, as opposed to 1989, my family's story would have been altogether different- or, we would've had to find opportunity elsewhere besides College Station, Texas.
That's wrong.
The key is single family detached entry level homes. Single family homes because that's how Americans, and Texans in particular, want to live. The country was built on that. Single family homes appreciate faster. They hold value better. That wealth accumulation happens faster for young families the earlier they make that investment.
We're forcing them to choose between foregoing an opportunity to own in our city until they make over six figures a year, or live here and rent, or leave. Those aren't the right choices.
We need purpose built student and young urban professional districts.
We need to accommodate the retired couple that doesn't want to spend $600k+ on their last home.
A healthy housing market achieves all of that.
Or, we could amp up fees and regulations even more and drive builders away to nearby fertile ground, not in College Station, and squeeze our housing market and occupancy issues even further. That in turn will drive valuations sky high and everyone's property taxes will shoot Austin high.
Recognizing a crisis and addressing it beats letting it fester. Every time.
Respectfully
Yancy '95
My opinions are mine and should not be construed as those of city council or staff. I welcome robust debate but will cease communication on any thread in which colleagues or staff are personally criticized. I must refrain from comment on posted agenda items until after meetings are concluded. Bob Yancy 95