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overtheedge
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Living on Two Paychecks or on Too Many Expectations? - Dennis Miller - Casey Reseach

I would have given your worthy article 5 stars, but you made an egregious error in reporting who's who of unrealistic expectations.

Local governments have declared war on low cost housing enclaves.
The term is urban blight.
First, areas that have a low property tax are identified.
Next, local government demands a myriad of permits for upgrades to the dwellings.
Then permits are denied or restricted in scope. Some towns demand permits for turning your lawn into a vegetable garden.
The area is slowly bled dry of timely services.
Those who have a small measure of disposable income for adding a bedroom or attached garage move to where they can have those amenities.
What was nice housing in the 50's is no longer up to code and the owners can't afford the permits (if available) and repairs for the meager rents they could charge.
Arson becomes a profitable exit strategy. Urban blight increases.
Now couple this with the insatiable demand for more tax revenues and run-amok government spending and we get Detroit.
Don't kid yourself for a moment. The Detroit effect is coming to a neighborhood near you.

There was a time when trailer houses were entry level housing.
Not many trailer parks left in the cities is there?

What right does local government have deciding what is adequate housing?
Why can't you live in a tent or shack while you build on your own property?
Why are permits required and time-limited? To protect what or who?
Why do upper and middle income progressives have any say about someone else's property? Low income protestations are usually met by police force.

What my neighbor does on his/her property has no effect on my property value.
The idea of resale value means local government is attempting to mandate profitable sales and with it, an increased property tax base.
What if the banks had to "mark to market" the properties they foreclosed on?

If government can run up debt without adverse effects, the economic illiterate will follow the leader into debt slavery.
Granted, some of the blame could be dumped on state and federal government.
However imagine how ineffectual state and fed declarations would be if local governments and the people they serve said back the ####### off.
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Otherwise a great article.
Modest expectations does not infer deprivation or insecurity. In fact, it almost guarantees the opposite: savings, security and a vibrant neighborhood.
Progressive liberalism can't flourish under those conditions.

Commented 3809 days ago

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Beginning of the headline :A good friend once asked me, "How come in the 1950s, you could support a family on a single paycheck, but now my wife and I both have to work to make ends meet?" I'd heard this question many times before. People give countless answers, from the Fed's inflationary policies to the lack of decent-paying manufacturing jobs. Usually, the explanations suggest macroeconomic shifts and major policy changes. And sure, those explanations are a part of it, but folks rarely mention increased expenses and he... Read More

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