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Smart Growth A 'Nightmare' For First-Time Home Buyers

Posted by: Abhijeet Chavan
Thanks to: Abhijeet Chavan
14 May 2001 - 8:00am

Experts say 'smart growth' is raising the price of new homes beyond the reach of first-time home buyers.

"An explosion in so-called 'smart-growth' initiatives 'are effectively pricing most new homes beyond the reach of entry-level buyers,' say smart-growth experts Dr. Ron Utt and his colleague Wendell Cox of The Heritage Foundation in Washington, D.C. Today, they say, the biggest menace, particularly to the first-time home buyer market, is smart growth - meaning 'now that I'm here in the suburbs, I want to keep the other folks out.'

Full Story: 'Smart growth:' A tool to benefit the 'haves'
Source: Bradenton Herald, May 13, 2001
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