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@AviK
You will find that most suburbs or rural towns with minimum acreage zoning that precludes building ‘affordable housing’ have these requirement because they have septic systems, or cesspools and wells…not city water and sanitary sewers. Thus the limitation on density of housing.
I live in a neighborhood with 1/2 acre minimum lots (mine is about 4+ acres). We have sewers and city water. I paid off a 40K assessment for those sewers over 19 years. On my block (quite long) you can buy a 4BR 2 BA house built a in 1954 for $289K (listed yesterday), a 3, BR3BA w/pool remodeled this fall for $505K or a 7BR, 6BA McMansion for $975K.
1/4 mile up the street there are no sewers or city water. Minimum acreage for a legal lot is 2.5 acres and houses start at $625K.
The south end of town is about to get sewers this coming spring and acreage requirements will drop to 1/2 acre. Lots of houses built in the 60s and 70s (raised ranches) available for approx $300K) on 1 acre lots.
Cheaper to buy a 300K 3BR Raised Ranch then rent a 2 BR apt in town ($2400 average).
There are proposals before Planning and Zoning for three apartment developments of 200 units each. Town ordinance requires 15% minimum be ‘affordable housing’
BTW, this is a traditional Republican town and they control P&Z and BOE. The Town Council has a one vote Dem majority after 8 years of Republican dominance