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“As the city has grown, it has become one of the most desirable—and expensive—places to live in central Indiana.” Shouldn’t the sentence really be: The city has grown because it has been one of the most desirable places to live despite being one of the most expensive during this sustained period of growth.
While I appreciate the housing task force, I don’t believe tenants are well represented on this body. Almost all are politicians, realtors, one identified as a “Carmel resident” is an interior designer. My Googling shows that 25% of Carmel rents, yet I would be surprised if there is a single renter among this committee.
Mayor Finkam is in pursuit of our life savings by lowing the value/price of our homes. Think supply and demand. It’s just that simple. Increase supply and prices drop. Carmel homeowners built this town. Literally. We built these desirable homes and paid the taxes to build the city. We paid the price to get here. Everyone else should pay up too. We want the price of houses to go up. Not down. We don’t care about what developers want. We don’t care that outsiders want in at a bargain price. At our expense. We see no benefit for the majority of Carmel’s citizens. Maybe, collectively, we made a mistake in last year’s primary election. We’ll soon find out. The next primary is not too far off.
This statement sums up Carmel being Carmel. It’s sad that all the “peasants” that cater to the Carmel elite can’t afford to live in the city in which they work. Not in my backyard!!!
Brian N.; jealousy is one of the seven deadly sins.
Brian N: There’s always something we each cannot afford. If I worked in Martha’s Vineyard, Massachusetts, I could not afford to live there. That’s on me. Not them.
I find it odd that empty nesters want to move to townhomes. It is difficult to carry groceries, luggage, etc up so many stairs. And selling a normal house in Carmel to buy into one of the 55+ neighborhoods makes no sense – people will pay more for much less. Not sure this is heading in the right direction.