Affordable housing Yes, State and local regulation too much

 Many of our local and state public officials can learn a great deal of the housing policy experts at the state level. The market place is clearly not the end all because if it were, you wouldn't have people in need of downsizing, and not having affordable places to live within their own communities. Allowing the marketplace to dictate affordability, unfortunately, has allowed the real estate market to encourage unheard of housing costs, and therefore, not only makes properties unaffordable for so many families, but also creates increased tax burdens for those who can. 

Matthew,  Thank you very much for the comment.  I do very much appreciate your imput.

All things being equal you are correct in a sence.  Here in New Jersey though things are not equal.  At least in my opinion any way, what we have here is way to much regulation and over site.  I call it the baby sitter mentality.  Many of our local and state polititions seem to think they know better what should be done with our privately owned property  than the private property owners.  This mentality that many of these polititions have is having a chilling effect on the business climate here.  There continues to be a outflow of of the very highest paying jobs because companies have to pay much more to have their people located here in New Jersey and of course because at least from many corporations point of view New Jersey is business unfriendly.  Part of that is the tax climate, but a big part of it is the public officials and some citizens who think that everything should be regulated and supervised by a government official of some sort.  An example of this is Morristown New Jersey's public employee who's only duty is to go after REALTORS who put out open house directional signs, and any other business who uses any sort of banner or sign that is not specifically approved by a city official.  A few months ago one of the local churches was fined for using a banner for a event that they have used for 40 some years now.  Talk about over regulation and a total waist of tax payer money.

I don't have any problem with affordable housing, but what is going on here is yet another example of too much regulation causing nothing to be done.