The Inner Monologue

Thinking Out Loud

The Most Cost-Effective Housing Policy in Ohio Isn’t Housing Policy


Every legislative session, the same problem returns under a different name:
housing affordability, workforce retention, regional inequality, population stagnation.

And every session, the same tools are debated—tax credits, abatements, developer incentives—while the most reliable lever remains underused:

Livability.

Livability is not a lifestyle preference. It is economic infrastructure.
And when the state invests in it deliberately, the return shows up not just in quality of life, but in tax base stability, workforce retention, and above-average property appreciation—especially in small and mid-sized cities.

Fostoria is a useful case study, not because it is exceptional, but because it is typical. If Ohio wants growth that lasts beyond a single business cycle, it should start thinking less about “attracting projects” and more about making places stick.


The State’s Hidden Problem: Interchangeable Towns

Ohio does not suffer from a lack of towns.
It suffers from a lack of differentiated, stable, livable towns.

Too many communities occupy the same middle ground:

  • Affordable, but not improving
  • Safe enough, but not inviting
  • Employed, but fragile

In that environment, residents don’t move to opportunity. They move away from uncertainty. And when they do, the state loses twice—once in workforce, once in tax base.

This is not an urban problem or a rural problem. It is a systems problem.


Why Livability Outperforms Traditional Economic Development

Traditional economic development policy prioritizes projects.
Livability policy prioritizes conditions.

Projects expire. Conditions compound.

When a town improves daily lived experience—jobs close to home, visible safety, functioning downtowns, predictable schools—three things happen that the state cares deeply about:

  1. Homes sell faster (reducing appraisal risk and volatility)
  2. Households stay longer (reducing churn and infrastructure strain)
  3. Private reinvestment accelerates (multiplying public dollars)

This is how property values rise at twice the national rate without speculative overheating.


Blight Reduction Is State Infrastructure, Not Local Aesthetics

Blight is often dismissed as cosmetic.
It is not.

A single abandoned property depresses an entire block’s assessed value—not because of crime statistics, but because of uncertainty. Homeowners delay maintenance. Buyers hesitate. Appraisers discount risk.

State-supported land banks, demolition funding, and rapid rehab pipelines produce immediate, measurable value recovery—often within one assessment cycle.

This is among the highest ROI investments a state can make in distressed housing markets.


Jobs Matter—but Stability Matters More

Ohio’s workforce strategy often chases headline employers. But for property stability and livability, the highest value comes from mid-wage, locally anchored jobs:

  • Logistics operations
  • Advanced maintenance and fabrication
  • Healthcare support services
  • Skilled trades tied to regional supply chains

These jobs do something megaprojects often don’t:
they allow families to plan their lives without planning their exit.

When households believe they can survive the next downturn without leaving town, they buy homes differently, renovate sooner, and stay longer. That behavior directly improves state and local fiscal health.


Downtowns Are Not Retail Projects. They Are Social Infrastructure.

A functioning downtown is not about sales tax per square foot.
It is about permission to exist outside the home.

Upper-floor housing, walkable streets, lighting, small events, and third-place businesses create presence. Presence creates safety. Safety creates demand.

From a policy perspective, downtown revitalization is one of the cheapest ways to:

  • Improve perceived safety
  • Support small business formation
  • Increase nearby property values

And it does so without ongoing subsidy once the baseline is restored.


Schools Don’t Need to Be Exceptional. They Need to Be Predictable.

Families do not flee average schools.
They flee uncertainty.

Career-technical pipelines, employer partnerships, safe routes to school, and visible extracurricular investment create confidence—even before test scores improve.

Retention matters more than rankings.
Retention stabilizes enrollment.
Stability improves outcomes.

This is a virtuous cycle the state should actively support.


The Policy Mistake: Treating Housing as a Market Instead of a System

Housing markets do not fail because prices are low.
They fail because risk is high.

Livability policy lowers risk:

  • Shorter commutes
  • Better lighting and maintenance
  • Fewer vacant properties
  • Predictable governance

When risk falls, private capital steps in without incentives.
That is how appreciation accelerates sustainably.


A Statehouse-Ready Framework

If Ohio wants measurable returns, the policy stack should look like this:

  1. Blight & infill funding prioritized by speed, not scale
  2. Broadband and remote-work infrastructure treated as essential utilities
  3. Certified, shovel-ready industrial sites with workforce alignment
  4. Downtown housing conversion incentives over retail subsidies
  5. Owner-occupant housing ladders to prevent investor hollowing
  6. School-to-employer pipelines funded as workforce infrastructure

None of these are radical.
What’s radical is doing them together.


The Fiscal Case Legislators Should Care About

When livability improves:

  • Time-on-market drops
  • Appraisals strengthen
  • Renovation activity increases
  • Assessment growth becomes predictable

That means:

  • Stable local revenues
  • Fewer emergency interventions
  • Better long-term budgeting

This is not social spending.
It is balance-sheet repair.


The Political Reality: This Is Bipartisan Policy

Livability policy:

  • Respects markets
  • Leverages private capital
  • Rewards work and stability
  • Avoids permanent subsidy

It is pro-growth without being extractive.
It is pro-family without being nostalgic.
It is fiscally conservative without being stagnant.

That makes it rare—and powerful.


Conclusion: The State Should Invest Where People Decide to Stay

Ohio does not need to invent new towns.
It needs to finish the ones it already has.

Fostoria is not unique.
That is precisely why it matters.

If the state helps towns like it become places people choose deliberately—not accidentally—Ohio doesn’t just improve livability.

It secures its future tax base, workforce, and housing market—quietly, sustainably, and at a return rate no incentive package can match.

That is what smart policy looks like.

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