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Message
Posted on 2/10/20 at 11:23 am to NYNolaguy1
quote:
Because about a third of the US lives in the top 10 major cities in the US
Then two thirds of the US doesn’t gaf about their housing “crisis”.
Posted on 2/10/20 at 11:27 am to Flats
quote:
Then two thirds of the US doesn’t gaf about their housing “crisis”.
It didnt take a third of houses to foreclose to cause a recession.
It is easy to ignore things until they affect you personally, right?
Posted on 2/10/20 at 11:29 am to cahoots
Well, the government is part of the difference. Their tax structure attracted the massive investments by industry to have so many jobs locate in and around the Woodlands, causing more demand for housing.
In addiTion, the Woodlands has very strict property regulations with regards to road offsets, single family verses multi-family dwellings, landscaping and aesthetic architecture. Those make developing property in the Woodlands more expensive than in Mandeville, contributing to the higher prices per square foot.
In addiTion, the Woodlands has very strict property regulations with regards to road offsets, single family verses multi-family dwellings, landscaping and aesthetic architecture. Those make developing property in the Woodlands more expensive than in Mandeville, contributing to the higher prices per square foot.
Posted on 2/10/20 at 11:30 am to The Pirate King
quote:
And what do New York, Boston, Seattle, and San Francisco have in common?
Many things but surely the most important thing for this discussion is that people with money see them as very desirable places to live.
You can't seriously think that housing would be cheap in New York if only New York had a "conservative" mayor and electorate?
Posted on 2/10/20 at 11:33 am to uway
quote:the point isn't that it would be cheap because obviously wouldn't be. The point is that the government piles on
You can't seriously think that housing would be cheap in New York if only New York had a "conservative" mayor and electorate
As you pointed out. Incomes are generally higher in these places. This means the same taxation rate would yield higher revenue and yet most of these locations have higher rates. Not Justin income taxes but in every kind of tax.
Then they do stupid stuff like rent control which actually makes the problem worse
These places would already be more money in terms of cost of living but their local governments exacerbate the problem.
This post was edited on 2/10/20 at 11:35 am
Posted on 2/10/20 at 11:38 am to kingbob
But local zoning laws and HOAs with strict covenants is a function of loca government reflecting the desires of the local electorate.
I am not seeing the problem if the local municipal governments want to make it easy for taxpayers to protect their real estate investment(s)
I am not seeing the problem if the local municipal governments want to make it easy for taxpayers to protect their real estate investment(s)
Posted on 2/10/20 at 11:42 am to KiwiHead
Local zoning laws were considered unconstitutional at the national level up until Village of Euclid, Ohio v. Ambler Realty Co. in 1926.
Posted on 2/10/20 at 11:51 am to ShortyRob
quote:
The point is that the government piles on
Ok.
But am I wrong to suspect that absent all government intervention, these places would be populated virtually entirely by upper class people?
quote:
Then they do stupid stuff like rent control which actually makes the problem worse
It makes the shortage worse and the quality of housing worse. But does it make housing less affordable?
If the problem is affordability, and it is, and the discussion is revolving around taxes, that seems like missing the point.
Posted on 2/10/20 at 11:56 am to The Pirate King
Also, there is a big problem in New York and San Francisco with unused residential space taken by foreign investors (mainly the Chinese) who own the houses and apartments but leave vacant and that lowers the supply.
Lower supply/higher demand means higher prices.
Lower supply/higher demand means higher prices.
Posted on 2/10/20 at 11:56 am to uway
Yes, because what most of these regulations prevent is demolishing existing buildings to make way for bigger, taller buildings. This prevents population density from increasing. More density means more supply for both the urban core AND the suburbs. This would push some lower income people out of the urban core, but would bring in a lot of suburban people, and prices would be substantially lower in the suburbs and outlying urban areas that are presently expensive as well.
Posted on 2/10/20 at 11:58 am to ShortyRob
(no message)
This post was edited on 2/11/20 at 7:28 am
Posted on 2/10/20 at 12:00 pm to cahoots
quote:
. You think suburban Texans are gonna vote for building huge apartment towers in their backyards? We’ll see.
This
That’s why Houston has no zoning laws.
This post was edited on 2/10/20 at 12:01 pm
Posted on 2/10/20 at 12:05 pm to kingbob
(no message)
This post was edited on 2/11/20 at 7:28 am
Posted on 2/10/20 at 12:07 pm to The Pirate King
Those middle class families should leave if they can.
Many already have fled Boston, NYC, and San Francisco for Atlanta, Houston, or Dallas. Their lives are better for it.
Many already have fled Boston, NYC, and San Francisco for Atlanta, Houston, or Dallas. Their lives are better for it.
Posted on 2/10/20 at 12:10 pm to The Pirate King
I’m going through the process of buying a house here in Ms in a nice neighborhood on a bayou that’s 2,600 sq ft, 4 bedroom, 3 bath for only 55 dollars a sq ft.
Sucks for those living in liberal hellholes
Sucks for those living in liberal hellholes
Posted on 2/10/20 at 12:10 pm to The Pirate King
quote:
And what do New York, Boston, Seattle, and San Francisco have in common? Liberal hotbeds with liberal leaders and ridiculous taxes...but the author fails to address that.
Also.... the big one... they have price controls.
Posted on 2/10/20 at 12:14 pm to Powerman
quote:
You also don't have to live right in the heart of the city. Commute, drive 1-2 hours if you have to, millions of people do just that.
Another lesson.
If you like your neighborhood and want to stay in the area long term....save up and try to BUY a place and take care of it. Shield yourself from being displaced when rent skyrockets.
So many people in Chicago complain about gentrification. So many of them are long term renters that could have bought in long ago.
This post was edited on 2/10/20 at 12:18 pm
Posted on 2/10/20 at 12:17 pm to Robin Masters
quote:
Move to where you can afford a house or share a house with another family.
I can’t afford a place on the beach in Malibu so I don’t live on the beach in Malibu. Crazy concept I realize.
But what if, like, you really wanted to live in Malibu? That isn't fair.
-AOC, probably
Posted on 2/10/20 at 12:18 pm to The Pirate King
quote:
And what do New York, Boston, Seattle, and San Francisco have in common?
High demand for a limited supply of real estate.
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