Let’s talk housing affordability.

Lets talk the cost of Housing. A major concern in Lehigh County.ย 

Lehigh County funded a housing ๐—ฎ๐˜๐˜๐—ฎ๐—ถ๐—ป๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜† study (ARPA funds) to be conducted by the Lehigh Valley Planning Commission, while Allentown is conducting a housing ๐—ฎ๐—ณ๐—ณ๐—ผ๐—ฟ๐—ฑ๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜† study. Both aim to address the same issue but take different philosophical approaches. I believe attainability studies better address affordability across all income levels, including middle class.

๐—”๐—ณ๐—ณ๐—ผ๐—ฟ๐—ฑ๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜† ๐—ฆ๐˜๐˜‚๐—ฑ๐˜†: Focuses exclusively on low-income households often resulting in policy recommendations for big government interventions like subsidies, tax incentives or rent controls..

๐—”๐˜๐˜๐—ฎ๐—ถ๐—ป๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜† ๐—ฆ๐˜๐˜‚๐—ฑ๐˜†: Examines housing needs across broader income ranges, including middle-income families. It focuses on increasing supply to improve access, relying on supply-and-demand principles.

Big-government interventions are often the policy outcomes of affordability studies. These strategies can distort supply-and-demand dynamics, discourage new inventory and worsen the problem, resulting in higher uncontrolled rents and home prices for middle-income families. This is a doubling down on strategies that despite being in place for decades in major American cities have not been broadly effective, arguably exacerbated inflation and ignored root causes. I do not support this for Lehigh County.

Strategies I do support aim to address affordability across ALL incomes using market solutions. That is what Lehigh Co. needs.ย 

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