HomeDiagramsDatabaseMapsForum About
     

Go Back   SkyscraperPage Forum > Regional Sections > United States > Mountain West


Reply

 
Thread Tools Display Modes
     
     
  #2821  
Old Posted Apr 29, 2018, 2:09 PM
bunt_q's Avatar
bunt_q bunt_q is offline
Provincial Bumpkin
 
Join Date: Aug 2002
Location: Denver, CO
Posts: 13,203
Quote:
Originally Posted by TakeFive View Post

There are good reasons why there's a Second Amendment: people have a right to fight for their home and their neighborhood.
And their futures... against selfish greed.
Reply With Quote
     
     
  #2822  
Old Posted Apr 29, 2018, 3:51 PM
mountain time mountain time is offline
Registered User
 
Join Date: Nov 2012
Posts: 16
ULI Colorado on the "affordability" issue

Good article on the "missing middle" here in Denver...

https://urbanland.uli.org/industry-sectors/residential/building-homes-missing-middle-denver/

Though I don't understand the Patty Gage data point on 31% down payment... this never happens...

Perspective from Seattle on YIMBY... https://www.politico.com/magazine/story/2018/04/26/seattle-housing-what-works-next-218058

Count me in the group that says this is a supply side issue and the downsize in Five Points is a step backwards.
Reply With Quote
     
     
  #2823  
Old Posted Apr 29, 2018, 5:41 PM
TakeFive's Avatar
TakeFive TakeFive is online now
Registered User
 
Join Date: Jun 2010
Posts: 8,419
Quote:
Originally Posted by mhays View Post
That must be a joke.
Who wouldathunk you'd be the one to let the cat out of the bag?
Quote:
Originally Posted by bunt_q View Post
And their futures... against selfish greed.
...and at the rate this thread is going it will soon be The Hatfields v McCoys all over again.

Quote:
Originally Posted by The Dirt View Post
I fail to see why this is a good thing in your opinion. We're talking about land within 2 miles of downtown and 2 blocks away from a light rail station. With rents and housing prices where they're at I'm pretty much locked out of owning a home in Denver for about a decade. Meanwhile, these "crusaders" have guaranteed that their neighborhood will continue to accelerate in home values, thus exacerbating gentrification.
That's a very fair point but also complicated.

I was taking a more macro view of urbanization v preservation that CherryCreek spoke to and less this specific example.

While I do enjoy the urbanization of Denver and respect that the next generation will make their imprint on a changing Denver I also have a high regard for 'those that came before' and process. Process, after all allows our good friends who passed the Bar Exam to make a good living. While it generally favors those WITH money it can at times also mitigate the will of the irrational masses and the Uber-Rich. I don't have a strong opinion either way on what happened but I do respect the process.

Since I wasn't even aware of this until reading the Denverite piece let's take a closer look. https://www.denverite.com/five-points-little-triangle-homes-50974/
Quote:
“We kept telling ourself, ‘This may not work, but at least we’ll get to know our neighbors,'” Robbie Hobein told the Denver City Council.
The 'right to petition' is a time-honored, sacred right that we Americans enjoy. It's a good thing. Admittedly, getting to know your neighbors is a bit of an old fashioned notion.
Quote:
On Monday night, she and her friends achieved their goal, along with an alliance of the people they’ve met over the last two years: The Denver City Council voted unanimously to rezone about 100 properties around 25th and Glenarm
It doesn't seem to have been the least bit controversial with near unanimous agreement of the DCC.
Quote:
“You guys are going to be giving clinics all over the city,” said Council President Albus Brooks, who sponsored the bill. The supporters saw it as a way to preserve the character and affordability of their home.
I do believe that Council President Albus Brooks must be a soulmate as he has also been highly supportive of most urban changes. But he's also able to look at each issue separately without being locked into one particularly dogma. Props to my favorite councilman and prayers, well wishes and speedy recovery for his upcoming surgery to treat chondrosarcoma, a rare form of cancer that was previously in remission.

What fascinates me is the preoccupation with a small area of a neighborhood with a very distinct and historical place in Denver's past. It's as if this one piece of land will make ALL THE DIFFERENCE.

For one thing there's no shortage of construction and plans for more construction in the Five Points/Curtis Park/RiNo neighborhoodz. What about those who fail to build to the density allowed? They could more than make up for the 'loss' of this one small opportunity.

Palisade Partners, for example I believe has left density on the table. I have however admired their taste, professionalism and growth as a developer.

With respect to affordability that's a whole other kettle of fish and it's complicated. Not even interested in going there (in this post).
__________________
Cool... Denver has reached puberty.
Reply With Quote
     
     
  #2824  
Old Posted Apr 30, 2018, 3:46 PM
CherryCreek's Avatar
CherryCreek CherryCreek is offline
Registered User
 
Join Date: Feb 2015
Location: Denver
Posts: 897
I think the political reality is that there is not going to be any substantial "upzoning" of single family areas in any of the metro cities to allow for more dense development (the suburbs may be even more resistant than Denver). As with the Five Points example, much more likely is "down zoning" to lessen density where it is currently permitted.

Further, I think most of the efforts around "affordable" housing in Denver itself (such as setting aside designated affordable housing units within developments, or setting aside modest spending for affordable housing) are relative fig leafs more for political show than practical effect. As others have noted, setting aside units for affordable housing simply raises the prices on other units which people who don't qualify (or who aren't lucky enough to get) pay for "market" priced units.

The best strategy for affordable housing for the masses is maximum density where density is currently allowed.
Reply With Quote
     
     
  #2825  
Old Posted Apr 30, 2018, 6:16 PM
TakeFive's Avatar
TakeFive TakeFive is online now
Registered User
 
Join Date: Jun 2010
Posts: 8,419
As I see it

The urbanization and densification of Denver may be a wonderful thing but it's the antithesis of affordability.

This time it really is different
In the past especially following recessions metro developers would buy up cheap tracts of land and build neighborhoods of very affordable 'starter homes.' That didn't happen this time and won't happen now that the focus is on the urban center. It also goes to what has been dictated by the 'money men.'

The urban center and urbanization
has attracted boatloads of millennials for various reasons. The problem is that developers build for the more upscale resident and 'scarce' land (at least compared to sprawl) has skyrocketed in cost which only aggravates the affordability problem by encouraging developers to build even more for those who can afford the freight.

Demand and Supply Curve
which I understand and agree with has to be seen in 'context' of various factors that influence the market. It isn't just about density. Density by itself is simplistic and won't solve affordability. It's not unlike the 'urbanist' arguments relative to road congestion and transportation ie the 'induced demand' theory which ignores the benefit of increased capacity but is to a degree correct. You can't simply build your way out of road congestion any more than assuming added density automatically equates to better affordability.

Cirrus taught me years ago that you generally find urban (more) affordable housing in units that are 30, 50, 75 years old of which Denver will need a few decades to accumulate. Obviously a bit simplistic as some neighborhoods and housing retain and increase in value but it will be valid to a degree.
__________________
Cool... Denver has reached puberty.
Reply With Quote
     
     
  #2826  
Old Posted Apr 30, 2018, 7:24 PM
Cirrus's Avatar
Cirrus Cirrus is offline
cities|transit|croissants
 
Join Date: Jul 2001
Location: Washington, DC
Posts: 18,718
Quote:
Originally Posted by TakeFive
I also have a high regard for 'those that came before' and process... While it generally favors those WITH money it can at times also mitigate the will of the irrational masses and the Uber-Rich.
The fun thing about the "we're the middle class masses who came before, fighting to save our homes against greedy developers" narrative is that it's literally the existing homeowners being greedy and getting rich. Nothing is better for home values than a housing shortage. It's horrifically hypocritical.

The entire point of multifamily housing is that it allows the middle class to get together and out-bid the rich for use of valuable land that only the rich could otherwise afford. Like, literally that's the point of it. NIMBYism makes that impossible, makes the existing landowner rich, and conveniently blames the developer.

Quote:
I don't have a strong opinion either way on what happened but I do respect the process.
Of course people should have the ability to speak up. But that doesn't mean we have to give deference to immediate neighbors, whose greedy equity self-interests are at odds with the self-interests of the community at large. We do that as a choice. And because we do that as a choice, it's important to understand the history of why. We didn't always give NIMBYs so much weight. But then the mid 20th Century hit, and two big things changed:

1. The master-planned mistakes of Urban Renewal and inner city highways being imposed on communities resulted in a massive pendulum swing to the other direction, where governments established rules giving deference to hyper local concerns over regional concerns. We urbanists rightly idolize Jane Jacobs for her urban design wisdom, but she's also an idol for modern NIMBYism. (Fastforward to 2018 and the affordability disaster that's been, and you clearly see the pendulum beginning to swing the other direction.)

2. Segregation was ruled illegal, so people segregated using other means. Instead of making it illegal for different people to live nearby, the middle class whites moved out to new neighborhoods and established rules making it hard to change those neighborhoods, and especially hard to densify them with multifamily housing. Yes, I am saying a big part of our NIMBY-deference is a direct result of racial segregation, even if we don't exactly mean it that way today.

So yeah, of course, say what you will about the first amendment. Obviously I think people should have a right to show up and petition government for whatever they want. But don't blindly respect the process just because freedom of speech and evil developers. Know what you're getting into.

Quote:
For one thing there's no shortage of construction
This is objectively wrong. There may be a lot of construction, but there is still more demand, which means there is still a shortage.

It's like the difference between "dense" and "crowded." People use them interchangeably but really they're different. "Dense" just means a lot of people in a given area. "Crowded" means specifically too many people for the area to support. You can increase density virtually without limit and still not have crowding, if you also increase infrastructure and other things enough to accommodate the density comfortably. And you can have very sparsely-populated places that are nonetheless crowded, if they lack the infrastructure to handle the sparse numbers of people they do get. This is why a low-density suburb can feel crowded with too much traffic congestion, while a dense walkable neighborhood can feel very humane.

We have a lot of construction but still a massive shortage.

Quote:
The urbanization and densification of Denver may be a wonderful thing but it's the antithesis of affordability.
This is not inherent to urbanization or densification. It is a specific result of the specific set of rules we have in place. It's easy to urbanize and densify affordably. We simply choose not to because we choose instead to prioritize NIMBYism, and make it illegal to build enough housing to satisfy the demand. Because of our process.

Urban housing was cheap before World War 2 (yes, relatively to incomes at the time), when our cities were generally denser than they are now. It only really became expensive after we adopted suburban-style zoning ordinances circa the 1960s, and a few decades ran their course to result in the scarcity we have now.

Quote:
The problem is that developers build for the more upscale resident and 'scarce' land (at least compared to sprawl) has skyrocketed in cost
Developers only build for the upscale resident BECAUSE developable land is scarce. By making most of the city off-limits to development, we create a situation where there are not enough parcels to build enough housing for everyone who wants it. So instead, only the top of the market gets built. Because of course you build for the highest bidder.

That doesn't mean it's technically impossible to build for lower bidders. It's not. But we've outlawed it through NIMBY zoning.

The point about how housing gets less expensive over time is true (it's called "filtering"), but it's only true if there's enough housing overall. If there's only enough housing for the high bidders, even including the older housing, then only the high bidders can afford housing.

Quote:
It isn't just about density. Density by itself is simplistic and won't solve affordability.
This is true. But it's all tied together. For example Wash Park is expensive because a lot of people see having a single family house that's in a walkable neighborhood as the best of both worlds. Understandably. But making density scarce also makes those best-of-both-worlds neighborhoods scarce, because with so few truly walkable neighborhoods we by-default also have very few best-of-both-worlds neighborhoods. If we expanded density, we'd also expand the number of places people could get both.

And then there are things like accessory dwelling units: apartments above garages and little miniature houses in the back yard. Those things contribute tremendously to affordability, without really affecting the look or feel of neighborhoods at all (they do technically increase the density, which is of course the point). But we've outlawed them.
__________________
writing | twitter | bluesky | flickr | instagram | ssp photo threads

Last edited by Cirrus; Apr 30, 2018 at 7:37 PM.
Reply With Quote
     
     
  #2827  
Old Posted Apr 30, 2018, 8:24 PM
CherryCreek's Avatar
CherryCreek CherryCreek is offline
Registered User
 
Join Date: Feb 2015
Location: Denver
Posts: 897
Quote:
Originally Posted by Cirrus View Post
Developers only build for the upscale resident BECAUSE developable land is scarce. By making most of the city off-limits to development, we create a situation where there are not enough parcels to build enough housing for everyone who wants it. So instead, only the top of the market gets built. Because of course you build for the highest bidder.

That doesn't mean it's technically impossible to build for lower bidders. It's not. But we've outlawed it through NIMBY zoning.
Although I understand your points generally, it does miss one piece of the puzzle, as far as Denver goes. I get it that the "back to the city" trend has really driven up prices and costs in core cities and that so many millennials (and others) want to live near the core city in walkable neighborhoods.

But in Denver's case, it's not like the suburbs are emptying and there's no demand there. On the contrary, demand seems just as high and available homes just as rare in the far-flung Denver 'burbs.

Denver metro has TONS of available land. There is PLENTY of land on the east side, both within and outside of the C-470 loop that remains undeveloped. In fact, at least 5,000 acres, and plans for a 9,000 unit development were well underway as of last year.

https://www.denverpost.com/2017/08/15/prosper-neighborhood-arapahoe-county-aurora/

Why has it taken so long for the SF developments to really take off this cycle? If they can launch a 9,000 unit development this year (or next) east of Aurora, why couldn't it have been launched last year, or the year before?

The demand is there and has been there. This cycle has been so perplexing because unlike any other boom cycle in Denver history, the developers of massive housing projects on the city periphery have not shown up, at least not in the numbers that demand supports and that, in prior cycles, always occurred. Sure, within existing built-up areas land is (relatively) scarce. But its open country from Aurora east to the Kansas border. Is it just the lack of water? And what about the planned 9,000 unit development, I assume they have water lined up.

Last edited by CherryCreek; Apr 30, 2018 at 8:49 PM.
Reply With Quote
     
     
  #2828  
Old Posted Apr 30, 2018, 8:30 PM
TakeFive's Avatar
TakeFive TakeFive is online now
Registered User
 
Join Date: Jun 2010
Posts: 8,419
Quote:
Originally Posted by Cirrus View Post
The fun thing about the "we're the middle class masses who came before, fighting to save our homes against greedy developers" narrative is that it's literally the existing homeowners being greedy and getting rich. Nothing is better for home values than a housing shortage. It's horrifically hypocritical.
Many, many 'property' owners (since developable land is not limited just to homeowners) have gotten rich beyond their wildest dreams and it has nothing to do with being greedy or bad zoning etc. etc. It's been simply a once-in-a-lifetime 'manna from heaven' event.

Quote:
Originally Posted by Cirrus View Post
This is objectively wrong. There may be a lot of construction, but there is still more demand, which means there is still a shortage.

We have a lot of construction but still a massive shortage.
Eh, you know as well as anyone how construction cycles go. As I indicated earlier it's actually much easier to build neighborhoods of starter homes than to construct things in the urban core.

There's actually signs that supply is catching up and may surpass demand at least in the short term. But that won't solve affordability although it will help at the margin.

The bigger point is that there's no shortage of developable land; you're using a red herring argument. 'Land' is more dear at the core but less so as one moves away from the core.

Quote:
Originally Posted by CherryCreek View Post
For Denver, when RiNO, So. Broadway, Sun Valley, Sunnyside, Jefferson Park and River Mile are fully (re-) developed, that's a lot of potential new housing. Still, there's a lot of TOD potential...
There is no shortage of land; that's a myth. There may be a shortage of capital, skilled labor etc but that's a different topic.
__________________
Cool... Denver has reached puberty.
Reply With Quote
     
     
  #2829  
Old Posted Apr 30, 2018, 8:38 PM
Interzen Interzen is offline
Registered User
 
Join Date: Feb 2013
Location: La Alma/Lincoln Park - Denver, CO
Posts: 356
Quote:
Originally Posted by Cirrus View Post
And then there are things like accessory dwelling units: apartments above garages and little miniature houses in the back yard. Those things contribute tremendously to affordability, without really affecting the look or feel of neighborhoods at all (they do technically increase the density, which is of course the point). But we've outlawed them.
Actually, They are not outlawed in most of Denver's inner neighborhoods and with the help of some promotion by the planning department they are gaining in popularity. Two new alley facing ADUs and a garage turned deeded carriage house have all been built within a block of me in the last year.

From what I understand there is a push to allow ADUs in most zoning designations in the future.
Reply With Quote
     
     
  #2830  
Old Posted Apr 30, 2018, 9:57 PM
Cirrus's Avatar
Cirrus Cirrus is offline
cities|transit|croissants
 
Join Date: Jul 2001
Location: Washington, DC
Posts: 18,718
Quote:
Originally Posted by TakeFive
Many, many 'property' owners (since developable land is not limited just to homeowners) have gotten rich beyond their wildest dreams and it has nothing to do with being greedy or bad zoning etc. etc. It's been simply a once-in-a-lifetime 'manna from heaven' event.
It has EVERYTHING to do with zoning. And it's been a once-in-many-lifetimes event that boomers benefited from and is not available to millennials. Believe you me: Housing NIMBYism is generational warfare, and the millennials are pissed. It's only going to get louder.

Quote:
Originally Posted by TakeFive
The bigger point is that there's no shortage of developable land; you're using a red herring argument. 'Land' is more dear at the core but less so as one moves away from the core.
You're right that it's not "land" that is in short supply. It's "land that is zoned to accommodate growth and is a reasonable commute from job centers and has acceptable schools" that's in short supply. We could fix the problem with the stroke of a pen by eliminating single-family-detached zoning, and then there'd be tons of land.

Quote:
Originally Posted by Interzen
there is a push to allow ADUs in most zoning designations in the future.
Yeah, ADUs have been one of the biggest successes of YIMBYs so far. A lot of places have loosened regs on them in recent years.
__________________
writing | twitter | bluesky | flickr | instagram | ssp photo threads
Reply With Quote
     
     
  #2831  
Old Posted Apr 30, 2018, 10:08 PM
CherryCreek's Avatar
CherryCreek CherryCreek is offline
Registered User
 
Join Date: Feb 2015
Location: Denver
Posts: 897
Quote:
Originally Posted by Cirrus View Post
It has EVERYTHING to do with zoning. And it's been a once-in-many-lifetimes event that boomers benefited from and is not available to millennials. Believe you me: Housing NIMBYism is generational warfare, and the millennials are pissed. It's only going to get louder.
Haha. You are right about that. Baby boomers are waging total war against millennials. Think of the massive, structural budget deficits, that keep getting worse. Huge tax cuts largely benefiting older, wealthier persons so they can get money out of the system while the getting is good. A tax code that favors home ownership. Huge unfunded pension liabilities at the state level. And zoning and other policy approaches that builds real estate wealth with the older, long-time property owners while making it extremely difficult for millennials to have the same opportunities.

Boomers are living large and, apparently, have every intention of leaving millennials with the bill. Sad.
Reply With Quote
     
     
  #2832  
Old Posted May 1, 2018, 12:46 AM
bunt_q's Avatar
bunt_q bunt_q is offline
Provincial Bumpkin
 
Join Date: Aug 2002
Location: Denver, CO
Posts: 13,203
Quote:
Originally Posted by Interzen View Post
Actually, They are not outlawed in most of Denver's inner neighborhoods and with the help of some promotion by the planning department they are gaining in popularity. Two new alley facing ADUs and a garage turned deeded carriage house have all been built within a block of me in the last year.

From what I understand there is a push to allow ADUs in most zoning designations in the future.
They are outlawed in the vast majority of Denver’s single family zone districts, which are the majority of urban land here, even in central Denver, and also happen to be where ADUs are most likely to be built. Let’s not pretend Denver is even remotely leading on this front. YIMBY Denver has considered tackling ADUs as a flagship issue. But so far the City seems to have good momentum through Blueprint Denver, so we are in a holding pattern until plan adoption in June. If the City stalls in implementing the expected pro-ADU plan recommendations with actual ADU-friendly zoning, we will of course reconsider the need for more of a push.
Reply With Quote
     
     
  #2833  
Old Posted May 1, 2018, 12:57 AM
Stonemans_rowJ's Avatar
Stonemans_rowJ Stonemans_rowJ is offline
Registered User
 
Join Date: Apr 2013
Location: Hilltop
Posts: 391
It'd be more cost effective to tear my house down and build a duplex than to attempt to build an ADU. But alas, U-SU-C, most of Mayfair, doesn't allow either ADU's or Duplexes
__________________
JP
Reply With Quote
     
     
  #2834  
Old Posted May 1, 2018, 3:35 AM
TakeFive's Avatar
TakeFive TakeFive is online now
Registered User
 
Join Date: Jun 2010
Posts: 8,419
Quote:
Originally Posted by Cirrus View Post
It has EVERYTHING to do with zoning. And it's been a once-in-many-lifetimes event that boomers benefited from and is not available to millennials. Believe you me: Housing NIMBYism is generational warfare, and the millennials are pissed. It's only going to get louder.
Quote:
Originally Posted by CherryCreek View Post
Haha. You are right about that. Baby boomers are waging total war against millennials. Think of the massive, structural budget deficits, that keep getting worse. Huge tax cuts largely benefiting older, wealthier persons so they can get money out of the system while the getting is good. A tax code that favors home ownership. Huge unfunded pension liabilities at the state level. And zoning and other policy approaches that builds real estate wealth with the older, long-time property owners while making it extremely difficult for millennials to have the same opportunities.

Boomers are living large and, apparently, have every intention of leaving millennials with the bill. Sad.
We end up talking about different things or making disconnected points. My emphasis was on land available right now for higher density development. At the risk of repeating myself: What about all the developers whose projects don't build to the density allowed? The biggest issue with zoning has to do with Denver's 'view planes.' Before we start worrying about scraping all the nearby neighborhoods shouldn't we first take advantage of the ton of land already available?

The Boomer v Millennial is a bunch of crock. It's like falling for political talking points instead of understanding the problem. There's are multiple boatloads of boomers who have little saved for retirement. Check the numbers if you wish.

The Problem is much more sinister and a natural result of the catastrophic Great Recession. As a result we've become much more of a rental nation due to understandable financing requirement changes. This country is now in the hands of the one percenters or more generously the one-to-ten percenters. They have been much, much more judicious with how they allocate capital with a determination to maximize return on investment as they go. The go-go days of yesteryear ain't coming back.

Y'all pissing against the wind IMO.
__________________
Cool... Denver has reached puberty.
Reply With Quote
     
     
  #2835  
Old Posted May 1, 2018, 3:55 AM
TakeFive's Avatar
TakeFive TakeFive is online now
Registered User
 
Join Date: Jun 2010
Posts: 8,419
Quote:
Originally Posted by CherryCreek View Post
Haha. You are right about that. Baby boomers are waging total war against millennials. Think of the massive, structural budget deficits, that keep getting worse. Huge tax cuts largely benefiting older, wealthier persons so they can get money out of the system while the getting is good. A tax code that favors home ownership. Huge unfunded pension liabilities at the state level. And zoning and other policy approaches that builds real estate wealth with the older, long-time property owners while making it extremely difficult for millennials to have the same opportunities.

Boomers are living large and, apparently, have every intention of leaving millennials with the bill. Sad.
The tax cuts were a good, not bad thing, generally. Yes, the execution could have been better but if you paid any attention to the sausage making then what they came up with was decent enough. Barack Obama also recommended cutting corporate taxes but Republicans weren't about to let a Dem Administration get the bragging rights so we get what we got.

With respect to unfunded pensions look to blue states; red states don't have have the same issues or to a much lesser degree. PERA is a Hot Mess.

In any case national politics, budgets and tax policy are magnitudes higher in complexity and more controversial than mere zoning issues.
__________________
Cool... Denver has reached puberty.
Reply With Quote
     
     
  #2836  
Old Posted May 1, 2018, 3:59 AM
mhays mhays is online now
Never Dell
 
Join Date: Jul 2001
Posts: 21,162
The divide is between house owners and everybody else. Obviously people on both sides have varied opinions, but I bet each side would vote very much the opposite of the other on this issue.

It's the same dynamic in Seattle. About 65% of the city of Seattle (reportedly) is SFRs only, and that's a huge part of our lack of developable land. Only 15% allows density, and prices for anything available in those areas is through the roof due to lack of supply.

Takefive, prices can skyrocket even when much of the land is still underdeveloped. Only a small fraction will be on the market at any given time. If there are 100 sites but buyers want 150, prices can double. All it takes is for most of those 100 sites to be desired enough. Prices will rise until the 50 give up.
__________________
"Alot" has never been a word.
Reply With Quote
     
     
  #2837  
Old Posted May 1, 2018, 4:05 AM
Robert.hampton Robert.hampton is offline
Registered User
 
Join Date: Jul 2015
Posts: 491
Quote:
Originally Posted by TakeFive View Post
The tax cuts were a good, not bad thing, generally. Yes, the execution could have been better but if you paid any attention to the sausage making then what they came up with was decent enough. Barack Obama also recommended cutting corporate taxes but Republicans weren't about to let a Dem Administration get the bragging rights so we get what we got.

With respect to unfunded pensions look to blue states; red states don't have have the same issues or to a much lesser degree. PERA is a Hot Mess.

In any case national politics, budgets and tax policy are magnitudes higher in complexity and more controversial than mere zoning issues.
Thinking that cutting taxes and increasing the deficit when the economy is booming and we are at (or in many cases over) full employment is tantamount to......thinking downsizing zoning and restricting development is a good idea during a housing shortage crisis.

Ok, makes sense. Keep blowing a hole in the deficit while 80 cents on the dollar go to executive pay and dividends.....the other 20 cents will go to inflation so we can dump some good old salt in the wound. And help ensure that the next time we need to dig out of a recession we can’t find anyone to back our credit.

Last edited by Robert.hampton; May 1, 2018 at 4:21 AM.
Reply With Quote
     
     
  #2838  
Old Posted May 1, 2018, 4:30 AM
TakeFive's Avatar
TakeFive TakeFive is online now
Registered User
 
Join Date: Jun 2010
Posts: 8,419
Quote:
Originally Posted by Robert.hampton View Post
Thinking that cutting taxes and increasing the deficit when the economy is booming and we are at (or in many cases over) full employment is tantamount to......thinking downsizing zoning and restricting development is a good idea during a housing shortage crisis.

Ok, makes sense. Keep blowing a hole in the deficit while 80 cents on the dollar go to executive pay and dividends.....the other 20 cents will go to inflation to dump some good old salt in the wound. And help ensure that the next time we need to dig out of a recession we are come out a few extra trillion in the hole.
Actually I like that.

But corporate tax cuts made sense... but it's complicated unless you can accept that competing globally is something we have to do to stay on top and leave it at that. It will help us immensely going forward. It was ofc obligatory to include individual benefits to be popular.

What complicated or prevented a better solution had to do with needing to use budget reconciliation in the Senate. Same tool Obama used to pass the ACA.

One critical key is whether the economy will kick over 3% annual growth. Ofc Dems have their spending priorities while Republicans have different priorities. Makes for one strange spending brew that adds up to bigger and bigger deficits... and so it goes.

Quote:
Originally Posted by bunt_q View Post
But so far the City seems to have good momentum through Blueprint Denver, so we are in a holding pattern until plan adoption in June.
That should be very, very interesting.

Quote:
Originally Posted by mhays View Post
Takefive, prices can skyrocket even when much of the land is still underdeveloped. Only a small fraction will be on the market at any given time. If there are 100 sites but buyers want 150, prices can double. All it takes is for most of those 100 sites to be desired enough. Prices will rise until the 50 give up.
I wouldn't disagree. Denver may have more nearby developable areas for continued densification than Seattle though... I wouldn't know.
__________________
Cool... Denver has reached puberty.
Reply With Quote
     
     
  #2839  
Old Posted May 1, 2018, 5:13 AM
mhays mhays is online now
Never Dell
 
Join Date: Jul 2001
Posts: 21,162
The numbers might be different but the effect is similar in either city.
__________________
"Alot" has never been a word.
Reply With Quote
     
     
  #2840  
Old Posted May 1, 2018, 8:36 AM
SnyderBock's Avatar
SnyderBock SnyderBock is offline
Robotic Construction
 
Join Date: Sep 2006
Posts: 3,833
Quote:
Originally Posted by TakeFive View Post
The tax cuts were a good, not bad thing, generally. Yes, the execution could have been better but if you paid any attention to the sausage making then what they came up with was decent enough. Barack Obama also recommended cutting corporate taxes but Republicans weren't about to let a Dem Administration get the bragging rights so we get what we got.

With respect to unfunded pensions look to blue states; red states don't have have the same issues or to a much lesser degree. PERA is a Hot Mess.

In any case national politics, budgets and tax policy are magnitudes higher in complexity and more controversial than mere zoning issues.
All I know is that my taxes went up this year. I paid both the highest amount and the highest percentage of my income EVER, in taxes this year. 24% of my total income went to local, State and Federal taxes this year. Tax breaks? What tax breaks?
I guess if I want tax breaks, my wife and I will need to contribute to the global overpopulation crises by reproducing. We would get a tax return, if we did that. But that would not be very responsible and honestly no one should be rewarded for that behavior. 10 billion people on Earth by 2050; yet we reward couples who reproduce and punish those who do not? Republican tax cuts were a complete joke.
__________________
Automation Is Still the Future
Reply With Quote
     
     
This discussion thread continues

Use the page links to the lower-right to go to the next page for additional posts
 
 
Reply

Go Back   SkyscraperPage Forum > Regional Sections > United States > Mountain West
Forum Jump



Forum Jump


All times are GMT. The time now is 12:02 AM.

     

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2026, vBulletin Solutions, Inc.