If work from home is encouraged, I can imagine people will move to more affordable areas of the state. Unless people can earn a living without being dependent on the nyc tristate economy, it will remain congested, overpriced, and unaffordable ( many parts of fairfield county).
Ct can lead the nation by example. How much of real estate in ct is foreign owned? Are there hedged funds buying up residential to force higher rent?
If significant, then above should be banned.
Just dealing with all the congestion driving on merit or 95 , I would be against encouraging anymore development in e.g Stamford. I've seen some new multiunits where there is no parking, increases street congestion, and seems out of place.
Also with some multunits are the lack of privacy, disruptive neighbors, micromanaging hoa rules, etc.
I also believe it's wrong for a town to promote affordable housing only to increase taxes for a town a a whole. E.g. developer builds 100 units and is paid at market value 300k a piece, but the luck winner cost isn only $250k but the rest of the town notices their tax increased at x $ in n order to pay the dev at market value.
HeWhoisNosy t1_ity8ihn wrote
Reply to How can we incentivize real discussions around solutions to home affordability in CT? by otter_spud
Also with some multunits are the lack of privacy, disruptive neighbors, micromanaging hoa rules, etc.