Sunday, July 16, 2006

RE: Displaced by the boom

MiamiHerald.com 07/16/2006 Displaced by the boom

As the Miami Herald reports, South Florida's building boom can have undesirable effects on the area's working people. Whether good or bad, the laws of supply and demand will determine the best use for one's land. Savvy developers and investors will capitalize on the need for affordable housing and necessity will breed a solution to the housing crisis.
Workforce housing initiatives, http://www.floridacdc.org/policy/workforce-hsing.html , http://www.workforcehousingflorida.com/frontPage.do , may be a free market solution to the problem. Developers who embrace the opportunity may benefit in the long run, http://www.pinnaclehousing.com/home.html.

Workforce housing is nothing new. This bunkhouse circa. 1910 provided shelter for Florida cowboys, also known as cowhunters, protecting them from the elements in the wilderness.