Solution to the Housing Problem!
Posted: Fri Feb 06, 2009 11:31 pm
http://www.huntmilitarycommunities.com/ ... sstg?id=56
And I'm serious about this: This link describes a recent contract awarded by the US Government to Hunt Building Company. In the article, it states:
Now, this article is from 2006, but I'm SURE there are new/existing/recently awarded contracts for this exact purpose.
Here in Phoenix, a very significant portion of the foreclosures have happened in the far west valley, very near Luke Air Force Base. The government could come in, buy up literally BLOCKS of houses, and turn them into officer/enlisted housing in a snap, while at the same time getting foreclosures off the market. And I GUARANTEE they could pick up half the town of Tolleson for less than $177K per unit.
Here's a second article, dateline July 24, 2008 concerning another company that just landed a contract for $410 million to construct/manage 2,435 housing units. This is an average of $168,378/UNIT.
http://www.building.co.uk/story.asp?storyCode=3119032
I'm sure there's much more to be considered, but is there any possibility to this? Why haven't people in our brilliant government thought of something like this?
And I'm serious about this: This link describes a recent contract awarded by the US Government to Hunt Building Company. In the article, it states:
When I do the math, that comes to an AVERAGE of $177,498/UNIT. Instead of building MORE houses when there's hundreds of thousands of FORECLOSURES out there, why not buy up foreclosures and use them as military housing?Hunt Building Company, Ltd. has begun development on three separate projects with two different branches of the Armed Services for military housing privatization contracts that when complete will include 3,662 new and renovated military housing units for total project costs valued at over $650 million.
Now, this article is from 2006, but I'm SURE there are new/existing/recently awarded contracts for this exact purpose.
Here in Phoenix, a very significant portion of the foreclosures have happened in the far west valley, very near Luke Air Force Base. The government could come in, buy up literally BLOCKS of houses, and turn them into officer/enlisted housing in a snap, while at the same time getting foreclosures off the market. And I GUARANTEE they could pick up half the town of Tolleson for less than $177K per unit.
Here's a second article, dateline July 24, 2008 concerning another company that just landed a contract for $410 million to construct/manage 2,435 housing units. This is an average of $168,378/UNIT.
http://www.building.co.uk/story.asp?storyCode=3119032
I'm sure there's much more to be considered, but is there any possibility to this? Why haven't people in our brilliant government thought of something like this?