Quote:
Originally Posted by Challenger
All costs are part of the consideration for the home. Consideration = price paid+ any other liens against the property . If there were no bond program , the developer would have paid out of pocket or with a construction loan and the outcome would be the same.All costs are passed through to the buyer through one mechanism or the other. Any increase in "impact fees will' by definition be passed through to the buyer. Ergo a higher price. I have no quarrel with higher impact fees, but the final result will still be that the buyer pays.
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The problem is that the prices are not being passed on to the buyers of new homes, the problem is that the costs of expansion are being passed on to existing homeowners.