The Beaufort Gazette out of South Carolina sent a developer back to the drawing board when they decided a proposed senior housing development was too large for the neighborhood.
When city and state budgets are tight, it's much easier to compromise on principles and say "bring in the development and additional tax dollars!" However, compromising on things like: traffic flow, character of the neighborhood, disruption of views from neighboring homes effects home values, and in turn, the community as a whole. In Minneapolis we have fought against our own neighbors tearing down original homes built in the 1920's and 1930's and building McMansions that obstruct views and sunlight from neighboring homes, and are that are way out of character with the neighborhood.
I've gone on record to say that Minnesota does need more ownership opportunities in senior communities. The challenge is for developers to recognize what boomers say they want (which is to remain vital, viable and part of a community, which does NOT translate to being segregated into a senior high rise) and to provide it in an economically viable way.
Possible? I think Yes!
Various people in all countries receive the business loans from various banks, because that's easy and fast.
Posted by: PenaPat | May 15, 2010 at 02:48 PM