If Treasure Coast counties approve plans to significantly increase their impact fees, local builders predict an economic slowdown.
James Nicholas, a University of Florida professor and impact fee consultant counters that “Just because it’s bad times doesn’t mean people don’t want new roads. … You’ve got to build schools, you’ve got to build roads, and the costs of all that have just skyrocketed. That’s the reality. If we could wish prices down, wouldn’t that be wonderful, but that’s our dilemma.”
The projected impact increase in Indian River County is 72%. For a lively debate on this topic, click here
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