"Part of the increase in housing costs came from increased lumber prices when huge tracts were closed to logging to save spotted owls, iirc.
Why run a deficit when that timber is at prime age to harvest? Let the gubmint pick up some bucks so I won't have to pay them in out of my pocket."
So I guess we can expect the price of housing to come down. And I suppose our tax bill will be reduced.
As you can tell, I simply don't trust the government when money is involved. Never did.
Sorry about confounding the terms "forest" and "Parks"
Actually, on this we agree.
While housing costs may not drop, the cost of building materials may come down. Unfortunately, it has been years since entire towns were practicaly shut down by Clinton in the waning days of his administration. It would take a lot to rehabilitate the infrastructure associated with the logging activities which used to happen.
If there is a profit, though, it will happen.
"So I guess we can expect the price of housing to come down. And I suppose our tax bill will be reduced. "
The cost of building will go down. The cost of BUYING wood will definitely come down. The price of a finished house is dependent on far more than the price of wood, wood being a small percentage of the material used in most houses. Even in my 75 year old house, the only wood is in the floor, the joists supporting the floor, and some lathe in the wall to hold up the plaster. Today, most houses are made from synthetic materials on top of some 2x4.