Sound Off Delaware: Housing costs, Shutdown effect

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Housing costs

In a Thursday commentary entitled “How to level the housing playing field,” Karen Speakman and Marietta Rodriguez say “Ten years after the housing market crash, we are still a nation at risk. If we are not careful, we could find ourselves plunging head-first into a repeat crash. Despite gains in more responsible lending, we are still ignoring the lessons learned.”

• Delaware is the 15th worst state when it comes to affordable housing. Yet, no one wants affordable housing built near their neighborhood, and developers shy away from building affordable housing for more profitable housing development. Either a lot more affordable housing needs to be built or wages need to be raised to a level that people can afford exorbitant housing prices/rents. — Jim Kelley

• Problem with the latter is that all costs will rise to meet it. Better to build that affordable housing. — Benjamin Black

• Every time minimum wage goes up, your same erroneous claim rears its ugly head. The facts are higher wages don’t automatically equate to higher costs, or inflation as it is. Supply side economics has been proven wrong, so while wage deflation has been around for decades, price inflation continues unabated, especially with the exorbitant rise in housing pricing. — Jim Kelley

Shutdown effect

A Friday story reported that Delaware is feeling very little effect from the government shutdown.

• Big deal. At least the parks haven’t been closed. Now, who did that? In reality, the government shuts down every time the so-called representative legislators take one of their many vacations/holidays/breaks/etc. I have never really seen any thing happen, negative or positive, during those periods. — Dennis Mehrenberg

• Since the government shut down, we’ve had a weekend, one work day, Christmas Day, and two more work days; and they probably wouldn’t have done much on Monday, which means a three-day work week. Next week looks much the same — the weekend, Monday, Jan 1 (when half the nation is sleep-deprived and probably hung over as well), leaving a three-day work week. — Charles Miller

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