Now that the big housing boom has gone bust, the county council is considering a policy that raises the fees big development pays to further clog our roads and schools. The policy will also boost the taxes paid by new homebuyers.
Some may remember the council failed on campaign promises to reign in growth following the defection of self proclaimed slow-growth candidate Roger Berliner.
According to the Post, the new policy will also "encourage the construction of taller buildings and the creation of denser neighborhoods near public transit.”
So, developers get to go ahead with massive new projects and the council reaps more revenue. Sounds like a win-win…
May 18, 2007
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