Monday, August 29, 2011
Growth management hasn't worked, analyst says - Kitsap Sun
That means putting housing in the same subareas where people work. Luis predicted homebuyer will make that much more of a deciding factor than now. Kitsap had 251,133 residents in 2010, according to the U. But they tend to be more highly educated, and in time will buy and be able to afford more substantial mortgages. The biggest chunk of new arrivals to Kitsap are from California. Christine Gregoire in economic development and aerospace and has been a congressional analyst as well as an adjunct professor at Seattle Pacific University. This material may not be published, broadcast, rewritten or redistributed. They are now required to be only 40' x 60' with a minimum 5' deep backyard. I'm sorry, but I cannot imagine a backyard that small. There is not even room for a deck, much less any outdoor privacy. In Kitsap, you practically have to establish an itinerary and be willing to commit hours to get from point A to point B. It seems Kitsap Transit is more of a token to say "we have public transportation". That is why you now see a mass exodus from the shipyard everyday heading to Gorst and off into the yonder. We like the ability to stretch our legs, have a little distance between us and our neighbor, even if it's just a few feet. We're not into having two parking spaces, one of which is assigned, unless it's temporary. As I've gotten older, I'm actually thankful when the streets roll up at nine, that my wait for a table rarely exceeds 5 minutes and that I can't hear my neighbors unless the windows are open. What smaller lots require is that counties & cities plan for and implement the urban infrastructure (sewers, stormwater, etc. Read about it folks, it is very real and we have been sold a bill of goods. The politicians who want to force it on us, should be removed from office and forced to live in tiny homes without any yards or jammed into apartment complexes. Then on top of this people buy the things with super leverage such as 3% down and find themselves paying tons in interest. You do not want to pay the hard money you earn to a bank in interest. The only time this investment would pay off is if you can rent the thing and it will pay at least the interest, the taxes and some of the repairs at a minimum. Thus if you pay 300K you better be getting around 3,000 per month in rents. Prices around here are still way too high using this criteria. In addition the property better have something going for it: a nice view, cheapest house in the neighborhood, super deal etc. The problem is we do not have to worry about growth because there is a glut of expensive houses on the market and there will be quite a few for many more years to come. Reasonable rules were in place in the 1940's and 50's, then the "do gooders" came along to save us. Guess what, they live in gated communities, while we are controlled in a way that offends me and most others. Heck, if he was just talking about the S&P it would be $121,000 with dividends paid. So, single family homes were even better than he said, but a balanced security portfolio was even better. As one of these professionals, It is embarrassing to actually pay someone to come in and pass out such innacurate information. Wish the Sun would actually check with a local professional before publishing such wrong info. There are no jobs to speak of here and add to that the cost of parking, ferry fares and overall commute time its often cheaper to live on the other side. However, they need to be close to a research university or in a town with lots of people -- potential business owners and customers. There are no jobs to speak of here and add to that the cost of parking, ferry fares and overall commute time its often cheaper to live on the other side. Something cozy, with things to do, some interesting shops and gathering places. The central planning geniuses in Olympia and in Kitsap County have decided that great ideas like that are not going to happen. I would have moved there in a heartbeat, but that won't be a choice in the New World Order. The point I was trying to make is plug your mortgage into a SS. Those stories we heard about older retired Americans loosing their homes after living in them for 50 years because the couldn't pay the mortgage are incredible. Bankers reap fortunes from us because we are conditioned to have-it-now. Plug into it the amount your dream home would cost and the payment you can afford. Do not enter an interest payment, don't even create a column for interest. Note that in about 7 years or less your home is paid for. Why does Congress still allow mortgage interest deductions. Many people seem to think that the interest they are deducting is totally paid by the government via the deduction. What they don't seem to grasp is they're just not paying tax on the interest. Follow the money, get out of debt ASAP and live free. No one can tell you what to do or when you can do it. Why not go to a farmer's convention and see if you get a different opinion. Of copurse "the bubble" had soemthing to do with it, but there was a study of the Seattle housing market done just a few years ago which showed that government regulation aded somewhat over $200,000 to the price of a house. Mitigation fees, impact fees, and all sorts of requirements to save us from ourselves has resulted in often unnecessary price increases. How about "abandon" it and get out of our lives. I would have liked to have seen sidewalks but those became unfashionable because an open ditch is obviously cheaper. I would rather see through streets laid out on a grid, with sidewalks. Did the GMA stop cities, towns and developers from putting in amenities like sidewalks. We have the water so why didn't the sewage treatment go in at the same time. When you go cheap, you don't get sewage treatment, sidewalks, downtown business districts, traffic signals or a real town. You get a little town sorrounded by people who should be included in the population. Of copurse "the bubble" had soemthing to do with it, but there was a study of the Seattle housing market done just a few years ago which showed that government regulation aded somewhat over $200,000 to the price of a house. Mitigation fees, impact fees, and all sorts of requirements to save us from ourselves has resulted in often unnecessary price increases. How about "abandon" it and get out of our lives. It had erroneous math, double-counting, unsubstantiated conclusions and played very fast and loose with facts. Just as planned for us, by the county, state, and federal goverment. He just says it hasnt worked, and that just doesnt not make it so. I'd say it has as it has focused growth in primary areas and stops endless sprawl. Nobody really does - this is why Growth management was enacted in the first place. Everyone knows that, so this guy seems like a TOOL for political arm of the Realtors assn. It had erroneous math, double-counting, unsubstantiated conclusions and played very fast and loose with facts. I'd hardly call a UW sponsored research project by a recognized PhD in economics "bogus. It turns out this has not been the only study that led to the same conclusions. Can you point to exactly where this study (studies, actually) are in error and show your work. Just as planned for us, by the county, state, and federal goverment. Reasonable rules were in place in the 1940's and 50's, then the "do gooders" came along to save us. Guess what, they live in gated communities, while we are controlled in a way that offends me and most others. Maybe I'm just thinking of myself, but it sure wasn't something I bought into 20 years ago. I'd hardly call a UW sponsored research project by a recognized PhD in economics "bogus. It turns out this has not been the only study that led to the same conclusions. Can you point to exactly where this study (studies, actually) are in error and show your work. In Kitsap, you practically have to establish an itinerary and be willing to commit hours to get from point A to point B. It seems Kitsap Transit is more of a token to say "we have public transportation". That is why you now see a mass exodus from the shipyard everyday heading to Gorst and off into the yonder. We like the ability to stretch our legs, have a little distance between us and our neighbor, even if it's just a few feet. We're not into having two parking spaces, one of which is assigned, unless it's temporary. As I've gotten older, I'm actually thankful when the streets roll up at nine, that my wait for a table rarely exceeds 5 minutes and that I can't hear my neighbors unless the windows are open. I don't think you are qualified to read and understand the study. Those things are difficult for most people to understand. You've said you don't believe it and you've said academics have made mistakes before, but to dismiss it BECAUSE it is academic is completely absurd. Share your thoughtsComments are the sole responsibility of the person posting them. You agree not to post comments that are off topic, defamatory, obscene, abusive, threatening or an invasion of privacy. The comment forums that follow stories on Kitsap Sun are offered as a home for community dialogue. To maintain the forums as a relevant, worthwhile function in our mission, we ask all users become familiar with our published guidelines for commenting. Among other guidelines, you agree not to post comments that are off topic, defamatory, obscene, abusive, threatening or an invasion of privacy, and we ask that commentors help us monitor threads by flagging inappropriate comments. 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