Stupid article.
BUY A TINY HOUSE!!!
But Obama fixed the economy! The media told me so!
This doesn’t make any sense, because few people who live in Brooklyn work there. That’s why they have all those subway lines running into Manhattan....
Absolutely ridiculous what trendoids have done to Brooklyn. Middle-class and lower-middle class people forced out into Queens which will become the next hot spot if it hasn’t happened already. Queens!
What we really need is a revitalization of the Grand Concourse in the Bronx. I’ve been waiting 30 years for that.
Go home all you trendoids!
Brooklyn - it’s where ‘poor’ Geraldine Ferraro lived.
Home of Forrest Hills and the US Open Tennis Championship.
Some of the largest mansions I’ve ever seen.
That isn't all of it but a big part of it.
And if that Seddique Mateen can have a beautiful house in FL which was valued at 200K plus, I would think a whole lot more, and an immaculately manicured lawn, well then many of the rest of us can't afford a house like that or don't want to be on the line for high mortgage payments.
So yes buy a smaller house or maybe one of those little wooden shacks on wheels (some are kind of cute) but why should people who work in this country have to do that??????????????
Marin County, CA is a beautiful place, but there’s very little opportunity for new construction. It’s always been pricey, but priced out SF commuters are driving it up further still.
Try Sierra Vista, Arizona, for sumeplace better.
I was born and raised in Brooklyn until age 11. My dad was a Corrections Officer and my mom stayed at home. What happened?
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.
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.
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.
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.
No, it’s my Texas neighborhood. It’s finally come to a head that we’re going to have to move. Four generations have lived here and it was supposed to be our final home. Property taxes have gone up 10% each year since we bought the family home. What used to equal 2 weeks’ income is now pushing 4 months income.
Our neighbors have bought some land and set up a double wide. They are staying here as long as they can manage but know they’re going to be moving into the double wide before long and putting this house on the market. Another neighbor has bought an RV so they will just travel in it when they can no longer afford the taxes. We used to know all the neighbors and had neighborhood pot lucks but almost everyone has sold out.
Ping!