Repairing Damage To Kansas City Housing Caused By Council Dude Eric Bunch

After locals tired of bike lane obstruction and started pushing back against obstacle courses created by sketchy activist organizations . . . Council dude Eric Bunch found a new cause.

With the help of ultra-progressive council lady Shields . . . Now termed out . . . They helped to craft new environmental rules that spiked local prices and put home ownership out of reach for even more locals. 

This isn't just speculation . . . Since the legislation has taken hold, this has been one of the WORST years for local home building in modern history.  

Punchline . . .

A lot of this happened before elections when council dude Bunch admitted that he wasn't very accessible to constituents and promised to do better . . . Try and give him a friendly call and see if he kept those promises . . . Hint: He's mostly absent and there's a great deal of doubt that he'll finish his term given his active job searching that's annoying colleagues. 

Meanwhile . . .

We're not sure if we believe this "trickle-down" theory regarding local housing but it's a better plan than KC's shameful record of jacking up prices so that builders give up on this cowtown. 

Check-it . . .

"The demand for low-income housing can be met indirectly by constructing more expensive or luxury housing. More housing, whether low-income or luxury, is beneficial and will positively impact the availability of affordable housing. Even if the construction of luxury housing occurs when there is a greater demand for profitable low-income housing, the filtering effect will help address the need.

"Andrew Cline of The Josiah Bartlett Center for Public Policy extrapolates on the positive effect of luxury housing construction, describing the filtering effects of new apartment development:

"Building luxury or higher-end apartments draws higher-income renters out of yesterday’s luxury apartments and into the new luxury apartments. Increased vacancies in yesterday’s luxury apartments attract higher-income residents who’ve been living in mid-level apartments. As new construction creates more vacancies, rents come down. That effect filters throughout the housing supply, lowering rents all the way down. "

Read more via www.TonysKansasCity.com link . . .

Show-Me Blog: For More Affordable Housing We Need More Housing, Period

Developing . . .