Quote:
Originally Posted by John Mercier
Laconia single family homes generally get rehabbed whenever they change owners. But even some long time owners have been in to see me to get projects started.
Not sure that low income housing has really as much of a stigma to it that it once had. Representative Littlefield instead of spending 100s of hours in Concord for $100 annually could have spent that time at a second job and made significantly more; but would have lost his low income housing. So it seems to be much more acceptable across the political spectrum.
As for the builders not willing to construct smaller homes because the money isn't there... they are building garages, decks, and screen porches... which cost far less than a small home.
They just build whatever their customer requests.
Taylor Community isn't inexpensive. So what you save in taxes in Gilford may quickly be eaten up in other costs.
And most 55 and older communities will become low income... incomes for most tend to fall after retirement; hence why costs become a concern. If they weren't a concern, they would live at Taylor Community.
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I should have said, builders aren't building small spec homes. Sure, they will build a small custom home for a customer but in many cases that downsized home is going to cost much more than the larger, older home they just sold unless you're lucky enough to already own a plot of land. And those projects are small potatoes, they aren't going to make a dent in the lack of inventory.