In my previous article entitled,
“The
Anointed One's
Disastrous Economic Plan, Part 1,” I covered the generalities of
what Kamala Harris' disastrous economic plan encompasses and focused
on what she erroneously calls
“corporate price gouging” as
it relates to escalating grocery prices. In this, Part 2, I will
explain why, I believe, Harris’s plan for the construction of three
million new
“affordable housing units” over the
next four years is not just unsound but unattainable, and one of the
means by which she plans to force the
“equity” part of DEI
down the construction industry's and
“We the People's”
throat.
Simply, Kamala Harris must know that in
no way will three million new homes or rental units be built within
the next four years even with her promised $25,000 in down payment
assistance for first-time home buyers...or what I call her “buying
votes” incentive. And while an incentive might help with the
actual builder's “profit margin”...as
in the
percentage
of the ratio of the profit to overhead and building/operating
costs...
said “incentive” is
targeted to folks on the lower end of middle class income,
hence less housing will likely be built.
And Harris' plan to
“punish”
corporate landlords who buy up lots of single-family rental
properties or use what's called
“algorithmic software” to
set prices...an odd thing for the supposed AI czar to say...is
foolhardy at best as it would actually decrease the overall housing
supply by undermining what's known as the
“build-to-rent
market.” And this is
no matter Harris proposing a $40 billion
“innovation fund” expansion of
already existing
“tax incentives” given to construction
companies that build
“affordable” rental housing, which by
definition is less profitable for builders than it is for them to
build larger more expensive homes, thus offsetting any expanded
“tax
incentives” to some degree.
And it's here where problems arise as
still left unsaid in Harris' plan is exactly what constitutes
“affordable” renting and to whom specifically said rentals
would be “affordable”
to. Remember, what's “affordable” rental
housing to one person
might not necessarily be “affordable” rental
housing to another, nor does“affordable” anything
in one part of our country mean the very same thing built
is“affordable” in another part of the country.
Simply, the word
“affordable”
is an arbitrary term Harris loves throwing out while not
understanding that many different components determine if
“affordability” itself
for the renter still equates to profits for the builder or
not. No reputable builder will build any type of home if little to no
profits are made for America's building industry, like the majority
of private owned industries, is capitalistic based. Remember,
“capitalism”
itself is what allows for individual business ownership and
opportunities...including what is the opportunity for builders to rightfully
profit from their endeavors, hence build what's in their best
interests...while at the same time being the process by which the
government is able to be kept out of private business dealings.
Overturn “capitalism” and replace it with
socialism...which Harris and her puppet master Obama desperately
want...and profits will only be made by government controlled
companies and/or individuals who have “sold their souls”...if
you will...to the “corporation” that is the federal
government...the true purveyors of “corporate greed.”
And as for Harris' promised
“tax
credit” for companies building
“affordable starter homes,”
said
“tax credit” in no way will offset her and Biden's
failed economic policies which directly led to the still escalating costs
of building materials and/or construction workers salaries paid. And
this in turn would actually delay the start of building said homes
while politicians argue over what actually defines an
“affordable
starter home.” Remember, once a final and binding definition as
to what constitutes such a home
is
determined, it would still need federal legislation to
be passed along with what are required regulations being set into place on
individual state and local levels as well. And this very process...a
process where all the
“i's” are dotted and all the
“ts” must be crossed...will likely
take years to legally reach not only fruition but also implementation. But no matter because Kamala Harris probably thinks she can just
override, or as she calls it
“streamline,” any and all
processes needed via an executive order (EO).
In fact, even with all the bureaucratic
sure to come delays filtered in; even when permits have been applied
for and then issued on both state and local levels as needed; the
truth remains that while we might see some
“starter homes”
and
“affordable rental units”...units
usually geared towards low-income individuals...starting to be
built, the actual sustained production levels needed for building
three million homes would take more than a mere four years. Simply,
in no way what Harris is proposing makes it easier for builders to
build...especially when said builders must still meet not only
federal, but state and local
“codes” and
“regulations”
as well.
And so, no matter the“word salad”
Kamala Harris “joyously”
spews out regarding the aforementioned building processes; and no
matter how much she alludes to the possibility of overriding what are
state, county, and local city government's zoning ordinances already
set in place, the fact remains that Harris cannot dictate her own set
rules and regulations regarding this or any other type of “permitting
process.” Why so...because
the holdup to building commencing for any type of home construction
usually lies within a local jurisdiction's many rules and
regulations, the majority of which are not federal in nature. And
with always increasing regulations being placed on less expensive
homes than they are on more expensive or even luxury homes, the fewer
homes will be built, which is the direct opposite of what Harris'
economic plan is trying to get the public to buy into.
In
other words, what we in the public call state and local government's
“red tape” is the
very thing that, at times, not
only holds
construction projects up, but also tends to dictate what can or
cannot be built within a given city's parameter. And this bickering
over “red tape”
can easily be witnessed by attending ones own “city
council or planning and zoning” meeting.
But what Harris
also forgets...or simply doesn't know...is that what she is proposing
would actually take away a city or town's ability to control how
their neighborhoods look and develop in relation to already built and
occupied residential areas, thus rightfully angering a lot of voters
because, I believe, what Harris is actually proposing is “block
busting” on a grand scale.
Why
so...because the high density, lower quality, mass produced;
“cookie-cutter” style
“affordable homes” and
“rental apartment units” that
Harris is
proposing,
with
its across the board visual conformity now reeks of forced “equity,”
albeit at the lower end of the “socio-economic” scale.
And the
building of such housing...especially in areas
where the
new occupants tend to be out of place... will likely result in an overall increase
in crime as many, already existing, home and rental projects have proven. And they will also put a strain on existing infrastructure; cause a decline in
property values for existing homeowners; and generally lead to a rise
in property taxes for said homeowners in an attempt to offset
decreasing tax revenues which usually occurs with “affortable
housing.”
A recipe
for middle class voters to rightfully and angrily feed upon, for it's
they who understand the principal of buying what one can afford while
not relying on the government to help them buy what they only wish
they could afford. Beholding to the government for ones existence is
the hallmark of a socialistic not a capitalistic society.
And so the woman who still claims she wants to “make it
easier for builders to build new housing” by citing the 1.2 million
new homes having been built last year...or so she claims...still refuses to understand that in order to ramp up production to the three
million new homes level would literally take years to happen, and in
actuality might never happen. And to make natters worse, Harris
has claimed that there are now numerous “federal lands eligible to
be repurposed” specifically
for large scale more “affordable”
rental developments. In other words this woman wants to turn our
nation's rightfully protected open lands and parks...lands usually
set aside for the public to enjoy because of their historic or
natural untouched beauty...into affordable
housing units that very likely will negatively affect surrounding what are
usually more rural, less populated areas.
And
so with Harris also proposing that the reducing of the aforementioned
“red tape”
can only be accomplished by possibly cutting back the number of
safety and code inspections needed not just when construction is
taking place but when homes are ready for occupancy...we also see her alluding to the possible relaxing
of, or in some cases eliminating completely, not only certain
existing federal building codes, but local level environmental
standards already locked into in place.
Simply, are Harris' economic components
relating to “streamlining the permitting process” and
“cutting the red tape” but words spewed only in
conjunction with her proposed three million new “affordable”
housing units or are they just words totally devoid of substance yet
words she hopes will sway the still “undecided” voters? I
believe it's the latter, but that does not change the fact that Kamala
Harris has no clue whatsoever about any of the processes involved in
building a new home...whether it be a private single family home or
an apartment complex...“affordable” or not.
And besides, Harris probably doesn't know that permits, zoning variances, and regulations...which
are nothing more than the administration of laws and policies put in
place by elected officials courtesy of recommendations of their board
appointees...are not and will never be
“one size fits all” for
the reality is that they do greatly differ from state to state
and city to city, and sometimes petitioners are granted
“exemptions”
to the rules for any number of reasons...nefarious reasons included.
In reality, if Kamala Harris wanted
such entities overridden in full or even just wanted to make some
changes, federally she could not do it as those changes would involve
the rewriting or amending of a given city's constitution along with a
corresponding charter review, both of which tend to take years for
it's a long drawn out process...micromanaging to the nth degree. In
fact, many times such changes must be voted on by the populace during
municipal elections, and there's no guarantee of the outcome.
And while it's true that we, as a
country, do need more housing as our population grows, what Harris
seems more concerned about...in my opinion...is not housing for
displaced or homeless American citizens or even for our country's
homeless veterans, but it's all about housing for those who entered
our country illegally and who now are demanding free or at least
“affordable” housing, as being part
of their promised
“freebies and handouts.” And
this attitude is most prevalent in
“blue cities
and states” who can no longer
afford to house these folks simply in exchange for their promised vote.
Basically, Kamala Harris'
“affordable housing” plan reeks not of one improving their
lot in life, but of making more folks dependent on the government as
the minority now becomes the majority. Case closed.
Copyright © 2024 / Diane Sori / The Patriot Factor / All rights reserved.
*************************************************************************************************For more political commentary please visit my RIGHT SIDE PATRIOTS partner Craig Andresen's blog The National Patriot to read his latest article, The Democrat Party is Revolting.
*************************************************************************************************
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