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For at least 15 years the development and growth  machine has been steaming along with carte blanche approvals for the plethora of sprawling and leapfrogging projects that made them a bundle of profit ('course they didn't save enough of it to cover these bad economic times). With greed and avarice directing the show, developers and builders made a minimum of $100,000 per house and they were able to keep the prices under what should have been the correct market  price because the development impact fees across the board were dirt cheap.  That helped the complicit mortgage industry with loan approvals for people who couldn't afford it, and everybody made out like a bandit.  The City and County were giddy with growth but the taxpayers will end up subsidizing those development and growth profits.   And now, when it is far past the time when the City and County should have correctly assessed fees that would have kept their...
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