Overbuilding Hurts Florida’s Economy

Excess housing has caused the housing market and much of the economy in Florida to collapse in much the same way as Nevada’s housing market and economy.

Florida’s ‘Amendment 4’ Would Give Voters Say on Overbuilding

The builder’s lobby is using the following scare tactics to continue their reckless overbuilding. They claim:

1. This ‘Vote on Everything’ amendment would force Floridians – not the representatives they elect – to decide hundreds of technical comprehensive plan changes each year.”

Amenment 4 is limited to require voter approval only for land use changes, and what’s more:

When a major vote comes up for a large new development that will further increase their housing inventory, the voters have the power to outweigh political lobbying by developers.

That’s precisely the point of Amendment 4………to stop future overbuilding………the overbuilding that’s not already planned!

2. the Vote on Everything amendment would cause Florida’s economy to permanently collapse.

This statement is ludicrous for a number of reasons. First, an economy cannot by definition “permanently” collapse. Second, developers already have an approved pipeline of over 550,000 residential units and 1.4 billion square feet of commercial space.

If Amendment 4 fails, it will mean that the same broken system that has hurt our quality of life (and our economy) because of overdevelopment will continue. The broken system is one in which local elected officials are influenced by developer money, and developer lobbyist money will continue to exclusively decide land-use changes, with citizens not having a vote.

Vote YES on amendment 4!!

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