As an astute observer of human behavior, community activist and real estate agent, I see daily the market forces at work in the Hernando County real estate. In large part due supply and demand of single family residences.
For the most part, sloppy government regulation of mortgage rules and local taxation issues especially on non homesteaded properties and small businesses have driven down values over the past three years. And when REAL estate values slide, so does our fragile local economy, especially when our leading industry is home building.
I appreciate and at the same time fear the realm of our Hernando County government and its function in our immediate and long range prosperity. Free market forces alone contribute little in the larger picture of large industry employment for our able body citizens.
County Administrator, David Hamilton, and our Board of five County Commissioners must act today to procure real industry with real paying jobs. Where has our director of economic development, Mike McHugh been over the past six years of his employment? Has he been to the far corners of the earth seeking manufacturing of automobiles, or automotive components here in Hernando County. The answer of course is no.
Monday, March 30, 2009
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