Thursday , 26 December 2024
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“People have this mental model about housing that …

“People have this mental model about housing that …

“People have this mental model about housing that … losing money on a project doesn’t make sense when, in fact, it does, when it is an investment in workforce housing stock in the community. It’s an economic development investment, just like putting in a development park or a new sewer and water line to the new housing development. … It’s worth it for our community to invest an extra $5,000 or $10,000 into this house above what they can sell it for, because they’ve basically invested $5,000 or $10,000 to get another family into their community.”

—Joe Bartmann, vice president of innovation, Dakota Resources
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