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Vermont’s Housing Crisis Deepens | Burlington News
Vermont’s housing crisis is exploding in plain sight: vacancy rates soar, landlords slash rents, but workers still can’t afford to live here. Property tax reforms offer temporary relief but dodge the real problem—when state funds vanish, taxpayers pay full price. New developments like Putney’s $15M apartment complex cost $600K per unit, funded mostly by taxpayers, and take years to build while open land gets little scrutiny. Development is being funneled into traffic-choked zones where wages can’t keep up. Worse, more housing doesn’t lower taxes—it costs local governments more in services…
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