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Residents of Allied Gardens to Discuss Upcoming Developments and Proposal to Add Parks
The UT just ran a story about a demographer who said that that the rates of people moving into our city and county have virtually slowed to a standstill. The UT just ran a story about there being 40 million too many homes in existence in the US. Higher density lead to higher stress levels and higher levels of stress lead to higher levels of conflict Redevelopment leads to gentrification and higher base price point for housing. Who truly benefits from density increases, the removal of truly affordable home, increase stress levels in populations, and more homes on the markets driving down over all values of higher end units when, according to the story run in the UT, there are already a 40 million over abundance of homes on the American Market? One thing seems for sure, with more homes on the markets to repress values even further (according to that research group out of Utah referenced in the UT story) it is not the one million working class American who are projected to be foreclosed upon this year.— February 5, 2012 9:33 p.m.