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Highlands Today
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Wrong Stimulus
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Published: February 24, 2008
It's great that our county commissioners will be discussing ways to stimulate the local economy. As I look around my neighborhood and as I drive around Sebring, I see many "For Sale" signs in front of residential properties.
Many of these signs are turning into "For Rent" signs as builders, Realtors and private sellers know very well that residential property is not selling. The idea of suspending impact fees and building permit fees seems absurd in today's market. Construction trades are experiencing a longer period of inactivity because builders of spec homes chose to continue building long after it was clear to those of us without crystal balls that sales and prices were dropping. How about discussing ways to attract industry to this area or to rebuild infrastructure where needed? About the last thing we need is building more residential property to further drive prices down when they don't sell.
Ray Dorn
Sebring
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