Too Much Of A Good Thing
To the Editor:The Newtown Bee, we are on track to add 74 units of housing in Sandy Hook, 180 units in Hawleyville, and possibly 196 units on Church Hill Road. This is a grand total of 350 units of housing added to our current available housing stock of 150 available homes. I can only imagine the devastating effect on home prices when our current inventory goes from 150 homes to 500 homes almost over night. This is clearly too much of a good thing.
Although I have been a longtime advocate of creating more housing options in Newtown, I think we're going a bit overboard. According to an April 13, 201,8 article in
Paul D. Fadus
Broker, Paul Fadus Realty LLC
91 Church Hill Road, NewtownÃÂ ÃÂ ÃÂ ÃÂ ÃÂ April 16, 2018