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icwhatudiddere t1_j71k7zg wrote

Reply to comment by Comfortable-Job-6236 in Looking to buy a house in Vermont - What cities do you recommend by psychicfrequency

I wonder when all the demand for housing will actually turn into supply of housing? Right now I feel like home builders would make a killing. There’s huge demand for reasonably priced homes and apartments but I don’t see any new houses going up.

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Corey307 t1_j723zz7 wrote

The price of raw materials is still high and wages have gone up because of significant inflation so buildings homes is expensive. Combine that with all the regulation iand redtape and building homes is not cheap here. Sure mobile and modular homes can be cheaper but A lot of available land is not connected to city utilities due to distance and cost. you’ll need a septic system, drill a well, have gas bottles, all that adds up.

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icwhatudiddere t1_j72bajk wrote

It’s a terrible situation. VT needs workers, but the infrastructure isn’t there to support increased density of housing. I have seen nothing about making things easier for affordable housing at either the state or federal levels. The invisible hand of commerce seems to not be working.

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