The housing industry in the Midwest and the Northeast routinely floods local markets with new, ever-larger houses. In greater Indianapolis, more than 27,500 houses were constructed between 2000 and 2004, even though the population grew by only 3,000.Activist government means the elimination of the middle class.
In the process, older houses and many older neighborhoods―such as McCray's ― have become as disposable as used cars.
Such overbuilding is rampant across the Midwest and Northeast, where the number of new houses ― almost always at the edge of metro areas ― swamped the number of new households by more than 30 percent between 1980 and 2000, according to a study co-written by Thomas Bier, executive in residence at the Center for Housing Research and Policy at Cleveland State University.
"As upper-income Americans are drawn to the new houses, neighborhoods become more homogenous," he said. Echoing the Brookings study, he said: "The zoning is such that it prevents anything other than a certain income range from living there. It is our latest method of discrimination."
Friday, June 30, 2006
Zoning Out the Middle Class
The Washington Post reports: