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Started By
Message
re: New Orleans affordable housing crisis
Posted on 8/8/18 at 1:40 pm to LSUFanHouston
Posted on 8/8/18 at 1:40 pm to LSUFanHouston
I always feel like this debate starts off on the predicate that things should move at some kind of even, predictable, gentle slope.
In reality what would/should happen is a place becomes popular. Businesses open attracting more people in a loop cycle. This pushes prices up and some people out. Eventually, those staffing issues become a hindrance to further development, this keeps the popular areas from growing wider, which turns off some people from buying not only within the area, but at the edges as well. Prices start to stabilize or even recede if overheated. Some service type people are able to get back closer to work in these areas or wages increase to entice them to keep coming to work there. The cycle begins anew.
Economics of an area go in fits and starts, stops and zags. Making up new rules at arbitrary parts of these trends to achieve some kind of proportionality just makes it that much harder the next time around when you have to create new rules to counter whatever collateral damage you caused the last time.
I also enjoy the complete egomania that must exist for a group of people to somehow decide that yes, 10 units of affordable housing at such and such location is the perfect amount. If it was that easy we'd never have development problems to begin with.
In reality what would/should happen is a place becomes popular. Businesses open attracting more people in a loop cycle. This pushes prices up and some people out. Eventually, those staffing issues become a hindrance to further development, this keeps the popular areas from growing wider, which turns off some people from buying not only within the area, but at the edges as well. Prices start to stabilize or even recede if overheated. Some service type people are able to get back closer to work in these areas or wages increase to entice them to keep coming to work there. The cycle begins anew.
Economics of an area go in fits and starts, stops and zags. Making up new rules at arbitrary parts of these trends to achieve some kind of proportionality just makes it that much harder the next time around when you have to create new rules to counter whatever collateral damage you caused the last time.
I also enjoy the complete egomania that must exist for a group of people to somehow decide that yes, 10 units of affordable housing at such and such location is the perfect amount. If it was that easy we'd never have development problems to begin with.
This post was edited on 8/8/18 at 1:46 pm
0
Posted on 8/8/18 at 1:46 pm to Areddishfish
What's affordable? There are nice apartments for $700 with a pool and a gym in quieter areas.
Then there are apartments in the worst good for $800 a month.
In the suburban hoods $500 can be found.
Mad at high house rents? Blame the section 8 voucher system. They are paying up to $1300 a month. If someone has a house they can rent it for $1000 or go section 8.
The real problem is people wanting to rent in the same area. But realizing that the cheap rents that kept them there also cause the crime that keep the area cheap.
Then there are apartments in the worst good for $800 a month.
In the suburban hoods $500 can be found.
Mad at high house rents? Blame the section 8 voucher system. They are paying up to $1300 a month. If someone has a house they can rent it for $1000 or go section 8.
The real problem is people wanting to rent in the same area. But realizing that the cheap rents that kept them there also cause the crime that keep the area cheap.
Posted on 8/8/18 at 1:49 pm to cahoots
quote:
Not saying you don't have a point, but bear in mind that places like NYC, San Fran, Los Angeles, etc. continue to host tons of tourists despite housing prices that are much higher than New Orleans. You can still rent relatively cheap places in Metairie and the east. Those places would be considered prime property in the bay area.
Those cities have much better opportunities (obviously), but bartenders and dishwashers in New Orleans still have an easier time getting by.
Those places, especially NYC, have a strong transit system that includes connected transit out to the burbs where those people live.
Further, NYC has rent control, does it not?
Also, I imagine that those workers in those cities are making more... so housing as a percentage of their income would be close to what it is here.
Posted on 8/8/18 at 1:51 pm to TigerstuckinMS
Notice Bywater. It's eating up the part of the upper 9th that the hipsters live in.
This post was edited on 8/8/18 at 1:53 pm
Posted on 8/8/18 at 1:52 pm to LSUFanHouston
quote:
Further, NYC has rent control, does it not?
Rent control is a disaster of a policy that favors the opposite of who is intended to benefit by mainly inducing people via artificially low prices to take up more space than they otherwise would, thereby decreasing housing supply, increasing rents at non rent controlled properties, and pushing out the lower income folks who can't get into the rent controlled units.
Not saying you support it or not, just stating it's awful policy
This post was edited on 8/8/18 at 1:53 pm
Posted on 8/8/18 at 1:52 pm to LSUFanHouston
quote:
And if we can't keep the momentum going in tourism, the city is absolutely screwed.
How about stop putting all the cards on tourism? There was a time, not long ago, when New Orleans was a globally recognized port of commerce and industry. The warehouses along the river were all in use and companies were making $$$ hand over fist from what used to be one of the centers of world capitalism.
Tourism dependent markets are essentially third world, or moving in that direction.
Posted on 8/8/18 at 1:54 pm to LSUFanHouston
quote:
However, who will replace them at their current jobs?
They probably have 20 people apply for that job everyday.
Posted on 8/8/18 at 1:56 pm to Hangit
quote:
They probably have 20 people apply for that job everyday.
You mean dishwashers, busboys, hotel maids, etc. are applying by a shite tons?
Posted on 8/8/18 at 1:59 pm to notiger1997
quote:
You mean dishwashers, busboys, hotel maids, etc. are applying by a shite tons?
If they are working somewhere for minimum, and the place looking for a new busboy, maid, etc.is paying a little more, yes.
It will find it's own level and all work out.
Posted on 8/8/18 at 2:02 pm to LSUFanHouston
(no message)
This post was edited on 3/9/23 at 8:36 am
Posted on 8/8/18 at 2:13 pm to TheIrishFro
quote:
They need to tax the hell out of those parking lots in the center of the city and create incentives to build housing in their places
Moar government in Louisiana? No thanks.
Posted on 8/8/18 at 2:17 pm to BugAC
quote:
What color is your skin and what party do you vote for?
I work, pay my bills, save for retirement, have a valedictorian who is now in college studying ChemE.
Is that enough answer or should I be more specific?
Posted on 8/8/18 at 3:01 pm to Hangit
(no message)
This post was edited on 8/8/18 at 3:10 pm
Posted on 8/8/18 at 3:03 pm to tigahbruh
quote:
There was a time, not long ago, when New Orleans was a globally recognized port of commerce and industry.
You do know that the port is still damn strong and busy don't you? I know it could be better, but let's not talk about it like it's gone.
The medical industry is pretty big in Nola as well.
We def. do need to get some other businesses moving here no doubt.
Posted on 8/8/18 at 3:25 pm to Teddy Ruxpin
quote:
Rent control is a disaster of a policy that favors the opposite of who is intended to benefit by mainly inducing people via artificially low prices to take up more space than they otherwise would, thereby decreasing housing supply, increasing rents at non rent controlled properties, and pushing out the lower income folks who can't get into the rent controlled units.
Not saying you support it or not, just stating it's awful policy
Rent Control is like communism... it might work for you on an individual basis if you are one of the favored. It's terrible for society, sure.
Posted on 8/8/18 at 3:27 pm to Hangit
Posted on 8/8/18 at 3:28 pm to tigahbruh
quote:
How about stop putting all the cards on tourism? There was a time, not long ago, when New Orleans was a globally recognized port of commerce and industry. The warehouses along the river were all in use and companies were making $$$ hand over fist from what used to be one of the centers of world capitalism.
Tourism dependent markets are essentially third world, or moving in that direction.
I'm afraid that ship has mostly sailed... would be great to get back there one day... that's a generational shift, and housing is a today problem
Posted on 8/8/18 at 3:30 pm to Hammertime
quote:
awesome house in "Bywater North"
Posted on 8/8/18 at 3:32 pm to TheIrishFro
quote:
They need to tax the hell out of those parking lots in the center of the city and create incentives to build housing in their places. The taxes will go towards public transportation and price out the parking lots.
There aren't too many of those left, honestly. Mostly replaced by buildings including higher-end condos and hotels, and parking garages.
quote:
This will help people live farther out from the center but have reliable transportation to the center. They also need to coordinate the public transportation between NOLA and Jefferson Parish. It's ridiculous a metro area has two different transportation systems not working together.
The REGIONAL Transit Authority was supposed to be this, but none of the parishes outside Orleans wanted to really participate. There has been talk of this as of late. Create some kind of new transit system under the umbrella of the Regional Planning Commission. But like usual, the local governments don't want to give up anything.
Posted on 8/8/18 at 3:33 pm to Areddishfish
My pot dealer lives in a rent controlled apartment near downtown Nashville. It's so bad arse.
A comparable place across the street is $1,500 a month for a small studio. His small studio costs $300 a month.
He doesn't report his income and his wife is a public school teacher that "supports them both" so he qualifies for it
A comparable place across the street is $1,500 a month for a small studio. His small studio costs $300 a month.
He doesn't report his income and his wife is a public school teacher that "supports them both" so he qualifies for it
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