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September 07, 2003
Housing Prices...
So here's a surreal article. The main individual interviewed used to live up the street from me, growing up in South Burlington. The article is surreal in a number of ways:
- Its my hometown
- He's complaining about high housing prices making it challenging for middle-income wage earners to find a house like they grew up in. I understand
- He's a police officer, and I watched him do some stupid things as a kid
- The expensive prices talked about are a down payment in this neck of this woods
Free Market is a challenge. A lot of people want to live in "South Burlington," and so the prices climb. People must be able to afford it, but which people? Is it the retirees gouging the next generation, or are there that many more "high income" jobs in "South Burlington."
How do you make more "high income" jobs? Unions (Teachers, Police, etc..)?
Are we all playing a giant game of "Prisoner's Dilemma"? Settling for less than we deserve and ruining it for everyone else? Can one really win the economic game? or is it luck? or is it skill?
Maybe its not what you know, but who you know...
Posted by KnipSter at September 7, 2003 02:50 PM
Comments
I saw that article too...interesting. I would hope we pay our policemen enough for him to be able to afford his parent's home. Maybe they just aren't on the market. I think maybe people are adding on or remodeling them instead of buying the MacMasions.
Posted by: knitmom at September 8, 2003 02:57 PM
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