file photo by Boyd Loving

Given the population decrease in NJ due to people seeking greener pastures (or just a job or lower property taxes) elsewhere, perhaps the answer is not to build additional housing units in Ridgewood to help us meet our COACH obligations, but to find some way to force the price or market valuation of the entire existing housing stock in Ridgewood down far enough in value as that a sufficient number of previously built single family homes in Ridgewood end up falling into the affordable housing category. Why try to build up (because there is no actual room to build out) when you can simply drag down? Perhaps there would be some difficulty in forcing the unfortunate existing owners to sell but, hey, this is New Jersey…we’ll just intimidate them, Soprano’s style, until they see the wisdom of the policy. /s