Cary inaction may have long-term effects
I’ve got the “Just Want to Sell My House Blues.” The continued action of the Cary Town Council to suspend (table or deny) existing and future rezoning cases may have long-term negative effects on the town’s and county’s urban development plan and tax revenues. I don’t believe this is the intended effect, but if it continues, it could be the inevitable effect.
The comparative effect is like the Traffic Waves theory, when you’re driving on highway and traffic suddenly slows to a crawl. The reason can be a wreck, weather or just a car braking quickly. The effect is a traffic wave (or jam) that can take several minutes or hours to recover to normal traffic flow. The similar urban development wave effect, from possibly waiting years for new schools, could mean it will take a number of years to recover after new schools are built. Just think about this and its potential effect on available housing, needed tax and local business revenues, lost construction/service jobs and especially me.
As I read in a Cary News article, Tom Minton, executive vice president for the Home Builders Association of Raleigh-Wake County, said, “I feel sorry for those landowners, because this makes it very difficult for them to sell their land. Why would you do (seek to develop in west Cary) if you know it’s gonna get denied? I wouldn’t.”