Vtjeannieb

Vtjeannieb t1_jdiohtg wrote

Longtime Vermonter here, and someone who was involved in the housing business. Builders have always built for the top of the market because it’s easier to make a profit. Those who built for entry-level properties generally had a larger parcel of land they could subdivide and build multiple units.

But as much as we’d like to see more affordable housing, the more expensive homes do have the function of allowing people to move out of their starter homes into something that better fits their needs. I’m an example of this. When I bought my first home, I couldn’t afford to live in the area I wanted. But after a few years, I saved some bucks and developed more equity , and was able to sell my little starter home to someone who was just thrilled, and moved to a larger home in my preferred area.

This cycle worked for many years, at least in Northern VT. It’s been disrupted lately by more nonVermonters moving in, more corporate investors, and homes converted into short term rentals.

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Vtjeannieb t1_j4morxo wrote

Land costs are crazy, and if a lot comes on the market, builders snatch them up if the price is moderate. We replaced our failed septic system this past year for $45K, so that shows you what they can cost. You might be able to put some sweat equity by doing some work yourself, but that doesn’t touch the cost of materials. Good luck finding a general contractor. And I’m still hearing about substantial delays in getting needed materials.

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Vtjeannieb t1_j2599qw wrote

Unelected positions on your Select Board? Never heard of such a thing. Maybe you mean “ran unopposed “, a very different thing. And if you want change, run for a position. Many Vermont towns have a hard time finding people to take these poorly paid, time-consuming, and thankless positions.

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