Why I voted Republican
Ha! Thought that would get your attention. But I did vote Republican in two local races. One was a fellow Episcopalian I see at church and at the Y. The other one ... well, there's an interesting story there.
Awhile back Jack and I were writing about the housing implosion. Jack made this comment that I agreed with :
I'd like to see the blame spread a little more, and more thickly. Real estate developers for a long time built giant houses and cooperated with the banks in selling them to people who couldn't afford them.
This certainly struck a chord. Around here, a county where the economy has been a serious problem for years, and where most people are lower middle class or working class, the only new houses Carmen and I have seen being built have been huge things that must cost $250k minimum. Except one.
When we were looking for a house I went to an open house for a small, modest, but well designed, well built and attractive home going for $115K. And the builder was there to explain his work. He told me that like autos it was nearly as much expense, time and trouble to build a small home as a modest one but that you make more money on the big expensive home. He felt, however, that every now and then for the health of the community he should build a smaller, cheaper house and that was what this house represented.
I believed him. And the last two times he has run for local office both Carmen and I have voted for him.
Labels: economics, housing crisis
5 Comments:
Maybe this is a stupid question but why not build a bigger house and price it the same if they are close in cost?
--Joey
I think the answer is 1. acreage; 2. building materials (nicer materials cost more, but same time and effort to the building as cheaper ones); 3. profit margin. In short, a builder can build an expensive house on a huge lot and charge loads for it, or a less expensive house on a small lot and make less profit for close to the same time and effort.
So did your two Republicans win?
Don't know. Haven't checked.
8 Dec: finally checked. They both won. Probably because I voted for them.
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