By Evelyn Pyburn
Some noted figure recently said that the only way to end the housing crisis is to build more houses.
Totally true.
And, Bozeman, where the crisis could hardly have been more acute, is proving that.
Rents are dropping like stones in Bozeman, where 3,042 rentals have been built since 2021. Rents that formerly ranged in the $2000 to $3000 area are dropping to “several hundred,” if you are sharing rent. Landlords are even offering months of free rent as a signing bonus or $500 gift cards.
A vacancy rate of 20 percent is being reported in Bozeman and hundreds of units are reportedly standing empty. But that is only for apartments, the demand for real homes is still acute.
According to one report, the City of Bozeman is even offering “incentives” to builders. They will relax building code regulations, such as building height, setbacks from the street and parking requirements! And, voila, they got it. They have hit upon the crux of the problem. The ONLY reason the market will not deliver a product – any product — to eager consumers is GOVERNMENT.
Building thousands of rentals – even if they are “shoebox” towers — proved that the law of supply and demand still functions. But in most cases the additional rentals only became viable because of REGULATORY changes, which enabled builders to affordably build them – but still it remains that other than long, looming walls of high-rise shoeboxes, regular housing (you know a house with a yard and picket fence) is still unaffordable and unavailable in Bozeman, as well as in most other Montana cities.
But in Bozeman, many of those wanting such accommodations have enough wealth to be influential, so city overlords are being compelled to pay attention. It’s rather nice of them to allow property owners to exercise their property rights, don’t you think?
Study after study of housing shortages across the country, by all kinds of entities, have consistently concluded that such regulations are the reason – the ONLY reason – that housing is unaffordable. Supply is not being built to meet demand. No one has denied that that is true, but it seems to not make much difference. Despite the study results, most city bureaucrats in Montana have done nothing to back off regulations. In fact, in some cases they seem to have doubled down.
That certainly seems to be the case in Billings, where over and over we hear that builders avoid building within city limits because of oppressive regulations – and where downtown buildings stand vacant because regulations to renovate them is so onerous that to do so is a high risk venture.
Like Bozeman, the State changed laws enough that builders have been able to affordably build high-rise shoeboxes in Billings. They now mar the landscape across the western edge of Billings, and many people can be heard to express their dismay at seeing them. “What is the idea of that?” one man was heard to exclaim.
The idea is to cram the blight of so many people into as small a space as possible.
Don’t think so? Go read the dreams and strategies of the top down centralized planners. This has been their long-term strategy of how to deal with the nuisance of people.
They didn’t even invent the idea. High-rise shoeboxes are exactly how poor countries have long dealt with their government’s inability to provide housing. But government is not supposed to be providing housing in the US – it is supposed to be a market commodity. We are not a poor country. People seeking homes are not poor. If left to their own devices, they would be building beautiful homes everywhere. So it became the goal of society planners – who see human beings as a blight upon the planet – to cripple the market — to restrict options as much as possible. The truth of the matter is they do not want you to be able to build the home of your dreams, so they impose restrictions that pile on costs, which means only the very rich and privileged can strive to build the home of their dreams.
High-rise shoe boxes is the goal!
Sure there are reasons that a city government should have requirements to safely integrate traffic and to connect to municipal systems, but go read the regulations – they extend far, far beyond that. They even mandate where to store garbage, where to plant vegetation, fencing material, or how wide a garage door or window must be.
Consider how little innovation there has been in how homes are built. That’s because less expensive approaches to building and innovations are seldom explored because implementing any new concept would require changing regulations for every town, city and county, across the land. The regulatory burden makes new ideas impossible for builders or home owners, ie. PROPERTY OWNERS. How we are to live has been left to the whims of bureaucrats, planners and new age visionaries, whose only ideas are about how to control and coerce.
Things – like high-rise shoeboxes — are going pretty much as “planned.” So don’t be fooled by bogus expressions of sympathy about affordable housing. Get used to high-rise shoeboxes because unless citizens step up and demand their property rights, this is the future of America – a real home that was long the “American Dream” is not part of the New World Order of those in charge.