Blame globalization for America being in this problem to begin with. 25 years ago BEFORE GENTRIFICATION, people lived in cities with corner stores and public buses and not have to pay an arm and a leg for it.
The housing market just slid into a full-blown correction
- Thread starter OfTheCross
- Start date
Blame globalization for America being in this problem to begin with. 25 years ago BEFORE GENTRIFICATION, people lived in cities with corner stores and public buses and not have to pay an arm and a leg for it.
If you want proof that building more creates more supply which creates lower price increase look at DC and sunbelt cities
And also read basic macroeconomics I.e. supply and demand
The short term solution for housing is an increase of both market rate and affordable subsidized housing and public transportation in suburbs to make commuting from lower cost areas to cities/jobs more feasible
And also read basic macroeconomics I.e. supply and demand
The short term solution for housing is an increase of both market rate and affordable subsidized housing and public transportation in suburbs to make commuting from lower cost areas to cities/jobs more feasible
dora_da_destroyer
Master Baker
It absolutely factors into the base price. The cost of building a unit of housing in the bay is $600k - that’s land acquisition, zoning and permits, raw materials, labor. If you add profit on top, you’re looking at $800k list price, which may be driven up to $900k from multiple bids. You can’t sell a home for $250k if the region it’s built in causes the costs to build to start at $400k
I keep trying to explain that to dudesbut they want to act like buying a house in Sheboygan is the same as buying a house in San Diego
For homes to go for 250k in NY or SF the entire market would have to be in the toilet and noone would be even working
How Smart Has Smart Growth Been? - Counselors of Real Estate
Read more about real estate issues and trends in this article " How Smart Has Smart Growth Been? " from Counselors of Real Estate.
cre.org
Still making my way through this. So far it’s spot on.
How Smart Has Smart Growth Been? - Counselors of Real Estate
Read more about real estate issues and trends in this article " How Smart Has Smart Growth Been? " from Counselors of Real Estate.
Still making my way through this. So far it’s spot on.
the bolded stuff especially is important
Reddit for the cities is FULL of this Anti- Car " walkable city" promotion...
they say they are grass roots and community based but you dig a little and you find a lot of these bike share proponenets are affiliated with huge corps that have contracts they are enacting or expanding in urban areas to offer "bike sharing " for a fee
most of the campaigns to take back the streets from "parked" cars or "reclaiming" parking for pedestrian use by either ( redesigning or reducing or even eliminating parking in neighborhoods ) is funded by UBER and Lyft to drive a dependance on having to use their services. the more difficult they make it for you to have a personal car the more likly you will have to depend on using ride share services or car rental.
and a lot of poeple who headed those groups to take parking spaces away from neighborhoods for bike sharing go on to then get executive and managerial jobs at bike share companies.
its really is amazing that the same people in one breath talk about being anti corporate - and rail against the "monopoly" of "car centric " planning are funded by corpoarations that have a vested direct benefit from enacting these agendas
are they troll farms of these people? my belief BASE Don the fact that you have people that are paid to evangelize all over the internet from social media to actual media , my answer is "absolutely"!
you see these same people complain about Robert Moses and his fukk up practices of destroying local neighborhoods to enact his urban plans here in NYC in the 1950s and 60s then turn around and call people NIMBYs or say that if a neighborhood resists or rejects their planning goals that they should be ignored....which is EXACTLY what Moses did....he said the same shyt about how its for the "greater good" and that those neoghborhoods were standing in the way of progress.
its like they claim they dont beleive in "trickle down" economics but somehow "trickle down" real estate actually works ....you can point out again and again how its msotly if not completely nothing but huge corps that are able to build housing.
im still waiting for someone to show whre in this RE market so much luxury housing being built has some how made more "affordable" housing for thse who couldnt previously afford the luxury housing.
dora_da_destroyer
Master Baker
damn...i swear i thought this was just the oakland/bay area subs, we've fukked up a lot of thoroughfares listening to "bike zealots"...dudes will be in the sub talking about how people should ebike 20+ mille commutes
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Nah man I its here in NYC and its in DC - I used to be in the Bay area in Richmond Hill area YEARS ago and moved into SF near Pine St so I know the issues with the Bay as well ....damn...i swear i thought this was just the oakland/bay area subs, we've fukked up a lot of thoroughfares listening to "bike zealots"...dudes will be in the sub talking about how people should ebike 20+ mille commutes
And yeh you can tell.a LOT of this bike shyt is from well off people who maybe only live a mile or maybe even 5 from where they work ...
But if you live in Oakland you aren't biking to work everyday to work in a office ...not unless you're training for the Trianthon
And for sure you arent riding a bike from Crown Hts or Newkirk Ave in Brooklyn or 175th in the Bronx to get to your office job in Manhattan
They say they are for public transit but they don't want for people to pay for transit or at least people who don't pay should not be penalized ...
Which is crazy thinking if you're all about transit - the people who dont pay impact the money for transit...
But let someone not pay a toll ....
That's the crazy shyt - they say housing is a right and housing should be affordable but they advocate for huge building projects to be done by corps who will only build for the price point of the current market
which means more 3000 p/mo apts ....not less and certainly not.lower priced
dora_da_destroyer
Master Baker
bingo...pub trans is notoriously underdeveloped and disconnected out here yet these people stay telling someone "so, just bike or bus there" and you can tell they don't have kids either, no one is biking around trying to drop kids at school, get to work, do pick up, take them to their activity, get groceries, etc all on a bike. it's high income singles and DINKs who live in the dense, walkable, well served neighborhoods talking all this shyt
this too, they will handwave away that only 30 units in a 300 unit building are affordable with "well as long as we're building more, thats all that matters
"More owner coop developments at a minimum - and a govt policy to underwrite or subsidize the building or upgrade development of ppl in neighborhoods that are middle and low incomeWhat’s a better solution than YIMBY/build more?
More incentive for smaller local contractors unaffiliated with large RE developers
Less focus on getting large corporate chains for commercial development
mastermind
Rest In Power Kobe
he told you a few pages ago:What’s a better solution than YIMBY/build more
genocide
overpopulation is a racist myth
ADevilYouKhow
Rhyme Reason
The country’s biggest office-to-apartment conversion is underway inside the old Daily News office
The imposing facade and narrow window slits give off prison vibes, but developers plan to transform the building and make it 10 stories taller.
gothamist.com