Michigan

TexasTowelie

(117,050 posts) Mon Dec 16, 2019, 11:11 AM Dec 2019

Old motels, campsites and shelters fill housing void in northwest Michigan

By Anna Clark

BOYNE CITY— Fire cut out the heart of the Four Seasons Motor Lodge in the middle of a summer afternoon. It burned through the pitched black roof and scorched the painted shutters meant to evoke an Alpine spirit for visiting skiers. A mountain of dark smoke dwarfed the treeline.

No one was hurt. But the old inn on US-131, just south of Boyne Falls, was destroyed, displacing 20 or so people. Not tourists—they were residents.

Northwest Michigan is in a desperate housing crunch. It might seem counterintuitive for a region of abundant beauty, where property values and buyer interest are ever escalating. But there are simply not enough places for seasonal employees or even those in mid-salary jobs, such as teachers, city workers or emergency personnel, to live.

A number of intersecting forces stunt the region’s ability to develop new and more diverse housing. Local leaders are pushing for structural changes across the 10 counties, but residents need a place to live today.

Read more: https://www.bridgemi.com/economy/old-motels-campsites-and-shelters-fill-housing-void-northwest-michigan
(Bridge Magazine)

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Old motels, campsites and shelters fill housing void in northwest Michigan (Original Post) TexasTowelie Dec 2019 OP

It's worse than just lack of housing for seasonal workers Farmer-Rick Dec 2019 #1

Farmer-Rick

(11,460 posts)

1. It's worse than just lack of housing for seasonal workers

Reply to TexasTowelie (Original post)

Mon Dec 16, 2019, 12:02 PM

Dec 2019

An example.... A couple I know was in the construction business, contractors, in 2007/2008 when the crash hit. They built simple middle class homes. Their retirement plans involved 2 very high end properties they owned and had mortgages on. They had built about 80 homes and had very aggressive home building plans scheduled through 2008.

When the crash hit, their building plans went out the window. Families could not get loans and canceled home building plans. Because they could not build anymore and make a profit, the couple had to short sell their 2 properties...still vacant and now crumbling. All their contracts were cancelled and they had no income.

They ended up living in a small 5th wheel RV on a friend's property. Only this year, have they been able to afford to rent a tiny house. They were wiped out and so were all the people they employed. They struggled for 11 years to pay off their remaining debt, including some huge medical bills...I think the stress made their health much worse.

Multiply them by millions. People are just starting to dig themselves out of the debt left behind by the crash. Paying back debt does NOT build a healthy economy. Wiping out home builders and the average middle class home owners wipes out affordable housing for others. Banks still holding crumbling, dilapidated houses takes away affordable housing.

The rich recovered nicely what with their bailouts and all, but the middle class is just starting to recover and they were the ones building affordable housing.

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