Janesville official links city`s need for more housing to economic development

JANESVILLE - Talk to a few people searching for a place to live in Janesville, and the stories of their search will likely tell you the city is facing a housing shortage.

Identifying the lack of available residential inventory is simple, but understanding how the city wound up in this position is more complicated.

Economic Development Director Gale Price shared some of those causes Tuesday night in a presentation that connected the housing shortage to economic development. The League of Women Voters sponsored the event...

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Ken Notes: This is a profit margin problem. Low cost and mid range housing do not present developers and builders with the profit margin more expensive homes or apartment complexes do. Thus the available properties do not fit the market looking. This is a very tough problem to fix...



- - Volume: 6 - WEEK: 48 Date: 11/29/2018 11:51:50 AM -