To: SMARTY
In areas where I have worked for clients on both sides of real estate development projects, I can tell you that “tiny apartments” are a natural consequence of one particular issue:
taxpayer funded schools.
To put it bluntly … Developers and municipal leaders are hell-bent on having dense residential development with tiny apartments because they are looking to attract single people and couples with no children. The political/financial landscape in these areas is set up in such a way that everyone has a financial incentive to approve new development that generates a huge tax revenue stream while adding no students to the public school system.
12 posted on
02/16/2024 5:31:24 AM PST by
Alberta's Child
(If something in government doesn’t make sense, you can be sure it makes dollars.)
To: Alberta's Child
I’ve seen density pushed because developers told the local politicians it was needed to bring the businesses they want.
What usually happens is that the density comes and the business never does.
To: Alberta's Child
“...tax revenue stream while adding no students to the public school system...”
Well how’s that gonna work with all our new ‘citizens’?
28 posted on
02/16/2024 8:01:13 AM PST by
SMARTY
("A lie which is half a truth is ever the blackest of lies." Tennyson)
To: Alberta's Child
Schools get the lion's share of tax revenue from income and property taxes in Idaho. The teachers and administrators are never satisfied with the taxes they consume. The public school are terrible. The private/charter schools are doing very well.
42 posted on
02/16/2024 10:20:16 AM PST by
Myrddin
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