3 ms·
Isn't this the problem that municipal bonds are supposed to solve?
by jetrink 7y ago
Isn't this the problem that municipal bonds are supposed to solve?
- alistairSH 7y agoSure, but that costs more than getting the developer to foot the bill.
- ericd 7y agoThe developer will pass those costs along to the buyers of the new housing. Which means you effectively want those people to subsidize the existing residents. Besides that, making new development extremely expensive with all this haggling is one of the major reasons for the housing crisis.