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RE: LeoThread 2025-11-11 03-09

in LeoFinance2 days ago

Part 3/15:

Housing advocates warn that this additional expense could make new construction financially unviable, ultimately decreasing the supply of affordable homes. Robert Apadaka, a housing advocate, emphasizes that increased rents are a likely consequence, as developers and builders pass on the costs to consumers. This VMT fee was pushed through as part of a budget trailer bill, bypassing the usual legislative review process, leading to accusations of bad policy-making and lack of transparency.

Environmental Justifications and Criticisms