Develop real estate for our own
Published 12:00 pm Wednesday, January 27, 2016
News out of the Lafayette County Planning Commission that another subdivision is being planned for Lafayette County is not a surprise.
But what’s disappointing is the development appears to be catering to the same clientele that is in Oxford because Oxford has run out of room.
Fieldstone Farms, which is before the planning commission for approval, is being called a “conservation neighborhood” that has three areas with 240 units and two lakes. The development will have cottages, town homes and grander homes between 2,500 and 4,000 square feet.
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Developers expect the homes to follow the same trends as Oxford properties where about half of the occupants will be those coming in from out of town for football games and students living in parent-owned homes.
We understand developers need to make money to bring home to put food on their tables. But perhaps before land costs get too outrageous in Lafayette County because of developments like this, someone can figure out how to build a few subdivisions for hard-working lower- to middle-income residents who are trying to live in this beautiful area and want to buy a house in the $80,000 to $120,000 range because they can’t afford skyrocketed rent and have higher standards than living in something run-down.
Go check the MLS and you’ll see what Oxford and Lafayette County needs.