Growth is Good
June 21, 2006 |
In the 1987 Oliver Stone film, Wall Street, character Gordon Gekko proclaims, "Greed is good." A recent report by the National Association of Homebuilders found that perhaps growth is good as well. You can read about the report here.
The report is merely a compilation of already existing census and economic data gathered from around the country. The NAHB merely interpreted the data to show that growth can bring many benefits to localities including upgrades to infrastructure, increased business growth, and an expanded tax base.
Growth is a issue that is always at the forefront here in the Charlottesville area. Many of the counties in our area actively seek to restrict housing growth. While no one can deny that building more houses certainly will lead to more people and development in general, the idea that this increase in people and development may actually have certain benefits is a point that is always up for debate.
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Disclaimer
My name is Daniel Rothamel. I am a licensed real estate agent in the Commonwealth of Virginia and a member of the National Association of REALTORS. As such, I adhere to a strict code of ethics and all laws with regard to equal housing, which is reflected in the content of this blog. My broker is Strong Team REALTORS, 86 Joshua Lane, Palmyra, VA 22963; (434) 589-5800. My VA Real Estate License number is 0225 077325. All of the opinions in this blog are mine, unless otherwise noted.
