There are some interesting aspects to the sales tax collections between Fargo and Grand Forks. Not many answers in this post, but some observations and questions.
Well the grading for Spring is done and Summer term started. So I will (hopefully) have more time to post. And what better place to start than with housing! Why? Mostly because I do not like to talk about it, but it seems that everyone wants to call into the Jarrod Thomas Show and talk about it. So let’s think about this issue again.
As a topic, the economics of housing in North Dakota creates a significant amount of debate. This debate lacks consistency, ground rules, and facts. Most of the discussion takes place under the umbrella term of “affordable housing.” On numerous occasions I indicated the inadequacy of this term. The first problem is that it seems assumed the mere assertion of an “affordable housing” problem is adequate substitute for actual evidence of a problem. The second is a failure to recognize the differing nature of a potential problem when we are talking about a retired couple, a newly married young couple, or a family of five. An “affordable housing” problem for each of these three groups could look significantly different and require drastically different solutions. How much of a solution do we want? There are times it seems people want a 100% solution, by which I mean everyone that wants a house should have one in their price range. It is not that kind of world! Let’s make sure it is on the block they want too.