By DAVID W. THOMSONOnce again the topic of affordable housing in Los Alamos is in the air, evincing what to me is a basic ignorance of economics. The COST of housing is based on the cost of its economic inputs; that is, land, labor, materials, and capital. The PRICE of housing is established in an auction market between a willing buyer and a willing seller. As the run-up and collapse of the recent housing bubble illustrate, the two are only loosely linked.
A developer analyzes the local market and attempts to find the right combination of land, labor, materials, and capital to entice buyers







Tom Hill
These two guys have also been a nuisance at Pinon Elementary School. Several times the campus has been placed in the Shelter-In-Place mode because of their presence on the playground.
ANN HAYES AND CHERYL PONGRATZ
BY TOM RIBE
By GEORGE MARSDEN


A medical worker checks a baby at the FOTCOH clinic. Courtesy photo
CATHERINE FRY
By DEBBI MILLER