Thursday, July 21, 2005

More Jobs, Fewer Houses

These two stories fit together nicely. The Washington Post reports this morning that Loudoun County supervisors are backing a new set of restrictions on the number of houses permitted in the western part of the county. Restrictions put in place a few years ago by a different board were tougher but were tossed out on a technicality by the State Supreme Court. The new rules would allow builders to more than double the 9,200 houses now there; the current rules would allow up to 55,000 houses, the paper says.

And this report on job growth: of the 51,000 new jobs in Virginia in the year ending in May, 49,100 of them went to Northern Virginia. What's the comprehensive solution to the housing-supply issue?

5 Comments:

At 8:07 AM, Blogger Ray Hyde said...

Housing supply.
Housing location.
Job supply.
Job location.

 
At 11:37 AM, Blogger Jim Bacon said...

The Washington Post article cited here is misleading, if not downright inaccurate. Click here for insight into how those numbers were misused.

 
At 12:43 PM, Blogger Ray Hyde said...

I think you are right: add truth in advertising to the list.

 
At 10:49 PM, Anonymous Anonymous said...

One must wonder if Loudon will somehow compensate the landowners it has disenfranchised.

 
At 12:45 AM, Blogger Ray Hyde said...

Oregon has passed law to that effect. Washington may well follow, and the Napa area of California is on the path of compensation.

If history is any guide, these ideas may take root here in 10 to 20 years.

 

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