Posted on 06/23/2016 12:29:00 PM PDT by ChicagoConservative27
interesting...
places where there is a tremendous amount of foreign capital coming in and buying many of the houses
plus, places adjacent to two of the only areas left in USA with jobs
......
demand, demand. foreign money and some of the highest paid prolitariat in the world
plus,
areas where there is almost or zero building allowed, due to “environmental regulations”
demand + demand + restricted supply -—— the (obvious) result is pushed-up living costs
meanwhile, most of the rest of America remains in Obama’s super-sized depression, alas~!
Posted this article and this is the response I got from a liberal Democrat:
“No let’s use hate! It has always worked so well in the past.”
Inconceivable they are this stupid.
I wonder how the people in Florida received this unicorns and rainbows approach to their loved ones slaughter.
+1
The most affordable place to live in America is Sierra Vista, Arizona.
It ain’t the structure, it’s the real estate.
“Zoning makes housing unaffordable.”
Bad zoning makes housing unaffordable.
There really isn’t a problem in separating housing from factories.
Housing probably should be placed on top of retail and sold with the commercial space.
Having store workers live on top of their workplace would:
1. save the workers the expense of owning a car and of auto insurance
2. ensure the workers arrive at work on time
3. reduce CO2 emissions
As for residential zoning, it shouldn’t be units per acre. It probably should be by square feet per acre.
“Affordable” housing
This is just food for thought (I’m still thinking about this matter):
In Britain, Section 106 agreements that require 30% of housing units be “affordable” are generally required.
It has been said by more than one Brit that an “affordable” unit hasn’t been seen that is truly affordable by a mail carrier.
Affordable housing requirements generally don’t work well for small developments. Imagine ten houses, three of which are “affordable” by government standards.
Some people just think these “affordable” units are so bureaucrats can live like well-paid private sector folks (they exist readers, but are rare) and collect fat and massively unequal pensions on top of basically equal housing.
in California many of them are....just not on wheels
Prior to the 1950’s, it was possible to break up a house into smaller units.
This is no longer allowed in almost all of the USA.
Also, smaller class sizes require large/larger houses to pay for them.
Homebuyers need to be made to pay an average of $20,000 more for a house to reduce junior’s class size by one student under the ad valorum property tax system.
In Britain, almost all Victorian housing of middle and upper income origins has been broken down into smaller units.
If you go to the Hancock Park area of Los Angeles you can find many multi-unit structures that look very much like a single family house.
If they’re vintage buildings they probably were at one point. Big old Victorian houses got divided into four apartments fairly frequently, after the Depression.
Revitalize the commercial nexus at Fordham Road where Alexander's department store was and Fordham east and west and it becomes a great commercial anchor.
Second apt. I had was just south of the reservoir by Lehman College, three blocks north of Fordham Rd. 20+ minutes to mid-town. In 1972 my 1 bedroom with french doors to the living rm, glazed door to kitchen/dining, elevator bldg, small supermarket half block away, the rent was $137/mo. Bread was $.79 a loaf, whole Purdue chicken about $1/lb, on sale, .79/lb.
GF took me to Lohman's on Fordham, once. Sat in the husband section by the window and watched near carnage raging on the sales floor. Never again ;>)
Brooklyn????
Well, Spike Lee will be pissed off about this news!!
Spike is all offended about these “white mothers” strutting around, pushing strollers, and not having reverence and respect for the history of ghetto neighborhoods which are becoming gentrified.
Maybe off topic, but so many liberals are angry about gentrification and renovation of downtrodden urban neighborhoods. Is gentrification really that bad?? If we see formerly neglected areas revitalized??? If we see properties renovated, and adding to the tax base?? If we see new businesses moving in??? If we see crime rates plummeting as habitual criminals are driven out???
I’ve even heard that we are seeing some redevelopment happening in Bedford-Stuyvesant, which has been one of the worst slums in Brooklyn.
It’s funny too, that Spike Lee laments the passing of the Brooklyn ghettos that he is so nostalgic for. He became successful and moved to the upper east side of Manhattan. He won’t even live in Brooklyn himself anymore.
Large, glamorous metropolitan areas have been multi-earner/multi-unit property areas for decades.
Manhattan was four-earner/apartment territory when Marlo Thomas was in the big time about forty plus years ago.
In the 1980’s, California was too expensive even for a BSEE like me.
Expect to need two incomes (at least) to buy a place in a glamour berg.
Mr. and Mrs. Professional are always going to be able to pay more to save a two-hour commute than Fred the Fast Food guy can make in eight hours.
“Bedford-Stuyvesant”
It is my understanding that it had/has a mix of high-quality and low-quality housing.
“gentrification”
Federal law is such that it is now legally impossible to flee from black people, so white people often no longer do so.
Blacks were helped as well as hurt by skin color discrimination.
Now we have greenback-based discrimination.
The Long Island City portion of Queens is booming. Soon to be a mini Manhattan.
10 least affordable places to live in America
Plus the percentage of average wages required to buy the median home in the area
1.Brooklyn, NY — 121.70%
2.Marin County, Calif. — 118.10%
3.Santa Cruz, Calif. — 113.50%
4.San Francisco, Calif. — 94.60%
5.Maui, Hawaii — 92.80%
6.San Luis Obispo, Calif. — 90.40%
7.Napa, Calif. — 86.90%
8.Monterey, Calif. — 84.50%
9.Queens, NY — 83.60%
10.Sonoma, Calif. — 82.10%
I have posted before that not only people leaving SF are driving up the property values of the wine counties north, south and east of SF.
We have Chinese ponying up cash, and SF expats, LA expats, NY expats, Houston expats, and Canadian expats ponying up cash for homes. This drives the prices up for buyers and renters.
Here’s a radical though. don’t move there is you can’t afford it.
If only my ancestor’s family had held onto the Brooklyn farm, we’d be doing just fine these days. (1659) to present.
California property will be much cheaper after the next big earthquake.
Florida property will be much cheaper after the next big hurricane.
Patience, the rich folks got just as much patience as money.
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