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Started By
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New Orleans affordable housing crisis
Posted on 8/8/18 at 9:54 am
Posted on 8/8/18 at 9:54 am
NOLA Advocate
Ah. So what I'm starting to gather is affordable housing simply means that people with no money, or very little, want to have houses in more pricier areas, but at a very cheap price.
Not only is that horrible for property values, but it's also not letting the free market work like it should.
So the government is going to dictate how private developers develop their land.
This is the same city that will delay your restoration of dilapidated buildings if you don't meet historic renovation codes
quote:
At issue is whether developers would be required to include affordable units whenever building in certain areas of the city, or only in cases when they request permission to deviate from other zoning restrictions.
quote:
This time around, the clock is ticking, officials pointed out Tuesday. The state Legislature — at the urging of developers — passed a ban on inclusionary zoning rules this spring, a measure Gov. John Bel Edwards ultimately vetoed.
quote:
But the governor has said he will let a future ban become law if New Orleans and other municipalities don't get around to passing local rules.
Ah. So what I'm starting to gather is affordable housing simply means that people with no money, or very little, want to have houses in more pricier areas, but at a very cheap price.
Not only is that horrible for property values, but it's also not letting the free market work like it should.
quote:
Also Tuesday, Mayor LaToya Cantrell’s administration pledged to commission a study into what specific incentives developers should be offered in return for including affordable units and which neighborhoods the mandates should apply to.
So the government is going to dictate how private developers develop their land.
This is the same city that will delay your restoration of dilapidated buildings if you don't meet historic renovation codes
24
Posted on 8/8/18 at 9:56 am to Areddishfish
I think it’s more that new developers are going into traditionally poor neighborhoods rather than these people are wanting cheap housing in the rich areas.
Posted on 8/8/18 at 9:56 am to Areddishfish
quote:Sounds about right.
Mayor LaToya Cantrell’s administration pledged to commission a study
Posted on 8/8/18 at 9:57 am to Areddishfish
quote:
Tuesday, Mayor LaToya Cantrell’s administration pledged to commission a study
Ill do it for a discounted rate of 250,000
Posted on 8/8/18 at 9:58 am to Areddishfish
On the bright side, crime can't get much worse.
Posted on 8/8/18 at 9:59 am to Areddishfish
JBE is a Democrat
JBE has to placate his base
JBE is for more govt. not less
Having said that, we all know it's Jindal's fault, right?
JBE has to placate his base
JBE is for more govt. not less
Having said that, we all know it's Jindal's fault, right?
Posted on 8/8/18 at 10:03 am to Mr Wonderful
300K is the going rate
Posted on 8/8/18 at 10:03 am to Areddishfish
quote:
So the government is going to dictate how private developers develop their land.
Uh.. welcome to the social contract?
Posted on 8/8/18 at 10:05 am to bmy
quote:
social contract?
Fantasy.
Posted on 8/8/18 at 10:08 am to Areddishfish
If you want to see NOLA descend to the next level of hell, have the city leaders enforce "affordable housing" measures.
That's what's making the Shenandoah area of Baton Rouge into a cesspool right now. But you can get a cheap apartment there!
That's what's making the Shenandoah area of Baton Rouge into a cesspool right now. But you can get a cheap apartment there!
Posted on 8/8/18 at 10:08 am to bigberg2000
My gf told me last week that her FB friend posted about buying an awesome house in "Bywater North". I guess that's real estate agent speak for Upper 9 now. Welcome to the shitty part of town
Apartment building developers take money from the government, let a certain number of low-income tenants live there for 5-10yrs, and then kick them out and jack up the prices
Apartment building developers take money from the government, let a certain number of low-income tenants live there for 5-10yrs, and then kick them out and jack up the prices
Posted on 8/8/18 at 10:12 am to Areddishfish
quote:
This is the same city that will delay your restoration of dilapidated buildings if you don't meet historic renovation codes
Posted on 8/8/18 at 10:13 am to bigberg2000
quote:
I think it’s more that new developers are going into traditionally poor neighborhoods rather than these people are wanting cheap housing in the rich areas.
I don't see a problem with this some of the poor areas in cities are near the city center. If developers want to come in offer them above market value for their house and build something nice they should be able to it's the free market. Plus nicer areas closer to town
This post was edited on 8/8/18 at 10:16 am
Posted on 8/8/18 at 10:14 am to Hammertime
Housing is going up in most (desirable) places. That said, no fricking chance in hell I'd spend $300K+ on any place in a neighborhood that I had the slightest of doubts...
It isn't like the New Orleans economy is booming...Tack on the crime and safety concerns, and possible hurricanes/flooding... No thanks.
It isn't like the New Orleans economy is booming...Tack on the crime and safety concerns, and possible hurricanes/flooding...
No thanks.This post was edited on 8/8/18 at 10:26 am
Posted on 8/8/18 at 10:14 am to Areddishfish
The way the housing market is starting to collapse in NOLA there is about to be a lot of affordable housing coming available.
Posted on 8/8/18 at 10:15 am to Hammertime
“Bywater north” hahahahahahahahaha.
Posted on 8/8/18 at 10:25 am to Areddishfish
They are also doing this in the Houston area too. There is an area east of downtown that developers were quickly attempting to buy up but then somehow there is a entity that is funded by taxes from another area buying up the houses and selling them with contracts requiring affordable housing. Said they didn't want to loose the culture of the third ward.
Posted on 8/8/18 at 10:25 am to fightin tigers
Is this happening? I haven’t seen it.
Posted on 8/8/18 at 10:29 am to Areddishfish
Fact is, pricing in NOLA areas that are even a little bit safe are exceeding affordability for most of the service industry.
Hotels and restaurants and bars in NOLA are already having issues with staff. Our public transit isn't very good. If all these workers end up being pushed out of the city, how are they going to get to work? Even if they have a car, parking is a hassle.
And if we can't keep the momentum going in tourism, the city is absolutely screwed.
Instead of forcing this, maybe we need to come up with some tax increment schemes to entice developers to build/renovate more mixed housing.
Hotels and restaurants and bars in NOLA are already having issues with staff. Our public transit isn't very good. If all these workers end up being pushed out of the city, how are they going to get to work? Even if they have a car, parking is a hassle.
And if we can't keep the momentum going in tourism, the city is absolutely screwed.
Instead of forcing this, maybe we need to come up with some tax increment schemes to entice developers to build/renovate more mixed housing.
Posted on 8/8/18 at 10:31 am to Areddishfish
Latroy Cantrell ran on an anti-Gentrification, Anti-Business platform, so none of this would be surprising.
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