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HomeMy WebLinkAbout07-05-20 Public Comment - Z. Wright - Bozeman Housing and Rent CrisisFrom:Zachary Wright To:Agenda Subject:Bozeman Housing and Rent Crisis Date:Sunday, July 5, 2020 9:39:26 PM To whom it may concern, As I am sure as you are well aware the housing market in Bozeman has been a nightmare for several years now. I now feel the need for action has come. In light of the COVID-19 outbreak and the threat to the economy, local, national, and international, the Bozeman housing market bubble continues to grow out of control. The construction industry has provided a false demand for housing as it draws people to live here, yet when the construction is done they won’t continue to be here, they essentially are building for themselves. The increase in empty houses and apartments, and listings currently is the highest I have seen it in 5 years of living here and I don’t blame people for wanting to leave because of the insane pricing. There is no reason a 600 square foot apartment with one should ever cost over $1000. How is this intuitive to allow this robbery when the young crowd that the city is so interested in drawing in would be spending half of their money just on rent. This encourages a debt driven society that we are already driven towards. Something has to be done, only the upper middle class is able to remotely afford quality homes in the Bozeman area and even then with the prices, there needs to be two income providers to keep the household afloat. When a landlord can get away with charging over $1000 dollars a month for a basement “apartment” that doesn’t have full windows, a spot for a full sized fridge, or even two full rooms, this has gone too far. I want to be able to stay in Bozeman and continue my career and live independently, but that is a lie because of the atrocity that has become the Bozeman housing market. I understand the concept of making the community desirable, however Bozeman is pricing out some of its best and brightest that come out of MSU who want to stay but can not afford it. It is a hopeless dream to think that any normal 20+ year old making twice minimum wage can afford to live without at least one roommate. Why is this the reality, why can our generation not have started homes that are reasonably priced, the “starter homes” of the Bozeman area start in “the mid-300s”. I ask any sane and reasonable person, is that affordable to anyone who is supposed to be in the middle class? And might I remind everyone that the middle class usually makes $40,000 to $50,000 a year. I have worked in the construction industry for a short time, I know the cost of building is not where the cost of housing comes from. It is the lie that housing in Bozeman is worth so much more than anywhere else. Well Bozeman isn’t worth anything without it’s people, and those people who have slaved as essential workers throughout COVID-19 can’t afford to live in this town or even Belgrade by themselves. I am calling for action by our city to correct this gross injustice carried out on the people of Bozeman. This is something that everyone should be concerned about, even those who are invested into the housing market or landlords, because the quality of housing it going down for an increase in price, and the fake standard of living that Bozeman puts on airs about is being called out now. How much property taxes are is public record and landlords are getting away with highway robbery for apartments that are infested and haven’t been updated since the 1980s. It is up to everyone to combat this crisis otherwise Bozeman as a community will fail, the foundation of local businesses will fail as everyone is forced into shopping through Amazon or WalMart just to be able to scrape by on rent and mortgage. Rent control needs to exist, inflation of the housing market needs to cease immediately, and property taxes need to be managed. Sincerely, Zachary Wright Concerned citizen and unlikely Bozeman homeowner