At
the close
of the Second World War, there was a great migration from the southern
states
of the country to the coasts, along with a postwar baby boom. This
influx of
additional people caused well-meaning and thoughtful civic leaders to
try
to find ways to house this overflow of people and family growth. One
solution was rental “projects housing,” creating small apartments of
many sizes with attractive landscapes to
give the residents a feeling of home. And the projects sprung up
everywhere.
Father Panik Village in Bridgeport, CT. Southfield Village in Stamford.
Arnold
Court in Greenwich, and the masterful Cabrini Green in Chicago, IL.
Starting
with visions of success, failure came. Combinations of the welfare
system, the
destruction of the nuclear family via that same welfare system, drugs,
alcoholism, crime, and abandonment
caused these projects to meet the wrecker’s ball, crumbling into the
dust of
needles and shell casings left long before. Families that stayed
together
followed the original intention of the projects and saved money and
moved out
to homes of their very own. City mismanagement caused the buildings to
wear out
much sooner than expected. Overall, it was a pitiful debacle, and the
wrecker's ball was the punctuation ending this sad and failed chapter in
history.
After this
wasteful disaster of epic proportions, one sad lesson was learned: Housing
provided without the opportunity of ownership and preserving one’s investment
was invariably headed to ruin. However, developments such as New York’s “Co-Op
City” and “Cooper Village” provided ownership and equity and have succeeded for
decades. So, one would think that to provide success in housing other than
abject failure, one would not try to do the exact same approach that failed decades
ago and expect a different result.
However,
Welcome to Connecticut!
A place where a chorus of political hacks always have a better idea!
A place
where the wrong solution is chosen about every time, and where failure is gift
wrapped to masquerade as success.
A place where the failed approaches of the recent past are brought out to the sycophantic and ignorant as "unprecedented".
A place
where cries of an “affordable housing shortage” have
caused the serial building of monstrous apartment
developments that stamp out any semblance of local zoning and community
character,
as we find these housing monstrosities are entirely unaffordable due to
dead
business and salary growth in Connecticut. Therefore these developments
head to the express lane to be the Cabrini Greens and Father Panik
Villages of the future.
A place
where no decent and durable housing can be built as the combination of a dead
economy, a welfare-state environment, contaminated zoning laws, and the sheer
cost of doing so makes all that a losing proposition not worth the risk for any builder or contractor in his or her right mind.
But never
fear! Whenever there is a social or community need that good old economic
principles are not permitted to deal with, you can rest assured that a
combination of politicians, community activists, “religious leaders” grossly overpaid “nonprofit heads” and “housing
advocates” will step in to make a bad result, even unthinkably worse.
And worse leads to what we already know.
Housing
affordability? For things to be affordable, people must be able to produce
sufficient income in order to afford them. “Connecticut gets an "F" on housing
affordability screams a recent headline so states a recent report by
Realtor.com.” Connecticut ranked 46th out of 50 in the report.
The median household income is just over $95,000 per year in the state, and the
median listing price for a home is just over $500,000. “We need more
homes, we need more multifamily homes, those missing middle options. But
really, we need a combination of all those strategies for Connecticut to catch
up to our peers,” Chelsea Ross with Partnership for Strong Communities said.
(https://www.wtnh.com/news/connecticut/new-haven/connecticut-receives-f-for-housing-affordability-and-availability-in-new-report/)
The
report
itself should be must reading for those running for office in the
November
election, presuming they possess the basic comprehension skills in order
to do so. Housing is a complete debacle for Connecticut,
in contrast to the billions of dollars that have and will be spent on
the guise
of "affordable housing". "If the top of the class
reshuffled, the bottom barely moved at all. Connecticut (No. 46, F), California
(No. 47, F), Hawaii (No. 48, F), Massachusetts (No. 50, F), and Oregon (No. 45,
D-) all hold the same rankings as last year...These states face structural
challenges such as high prices, constrained land, restrictive zoning, and
building costs that far outpace what middle-income buyers can afford.
(https://www.realtor.com/research/state-report-cards-2026/)
What I find
interesting is that the "non-profit" Partnership for Strong
Communities” organization is quoted in the above news report. "The Partnership" has
been in existence since 1998, and their website states the following: Since
our founding, the Partnership has successfully advocated for more than $2.6
billion in public funding in Connecticut. These investments have helped build
homes and deliver services to increase housing affordability, supply, access,
and stability. We have engaged community, civic, and elected leaders to come
together and imagine, plan and execute effective change and to create a new
paradigm of thinking about housing. (https://pschousing.org/our-history/).
Their finances are interesting also. Their Executive Director, Chelsea Marie
Ross received $132,271 in compensation along $5,762 in "other"
compensation in 2024 (their last published financial statements)
(https://projects.propublica.org/nonprofits/organizations/200882009). Executive
Compensation along with other Salaries and wages of $454,488 account for 54.3%
of all expenses for this "non-profit".
Many
social-media users asking questions of, or making criticisms of "The
Partnership" are quickly blocked because "The Partnership", is
imperious, and shame on us for not knowing that. Meanwhile, The State of
Connecticut spends more than $1 billion dollars a year for programs
such as the “Housing
Trust Fund” and the “Time to Own” homebuyer program. After all, no
amount of money is too large in order to deal with a "crisis".
Many
find it
fascinating that with the amount of Connecticut Taxpayer funded programs
and
"nonprofits" for "affordable housing" through tax credits,
subsidies to municipalities and other programs, Connecticut continues
its race
to the bottom of both a shortage of housing and the affordability of
housing. It
is also important to note and is left out of the debate, is that
Connecticut
has one of the highest property rates in the country, with such rate
increases
attributable in many cases to waste, fraud, abuse, and duplication of
services
as opposed to consolidation. It is ranked third in the country for
highest
property tax rates with a real estate tax rate of about 1.54% to 1.66%
of
a property's assessed value. The logical question would be wouldn't the
lowering of property tax rates in turn lower property and rental costs?
That
simple question seems lost in the race to control zoning by an elite
political
few, who, while living in their Greenwich mansions, demand a lower
standard of housing that they can profit from in the guise of
"affordable
housing" while, (like Ned and Annie Lamont with Annie’s equity interest
in benefit provider “Unite Us”), can sit back and reap the benefits of
this obfuscation and
exploitation of the relative underclass.
There
are
many free-market solutions to lower the costs of housing and rents in
Connecticut. The solutions have worked before and will work today.
However,
since the "non-profit affordable housing" industry is drive by profit
and control and facilitated by overpaid bureaucrats, professional
panderers. and Executive Directors,
these solutions will never be mentioned. Connecticut's ruling Democrat
elite
savor and profit by bottom-feeding off the pitiful economic conditions
that
exist in the state while not paying the debts they create, thereby
adding to
the $100-150 billion dollars in short- and long-term debt and unfunded
liabilities. Meanwhile a cacophony of activists, do-gooders, and
suffering Sams and Sallies are quick to call anyone a racist, (or
even worse, a Trump supporter), for calling this horrific mess to task.
One
really does not need to read a report or
listen to the comments of this chorus of failure to understand what is
really happening. Just see what is happening around you. And to the
cacophony of the hacks, just keep it up. For it is certain that if they
keep it up, housing will never be
affordable in this state.