141–150 of 207 posts
What is “affordable housing”? All housing becomes affordable once you build enough of it. Is it just the politically correct way of saying “low-quality housing”?
This housing is deed restricted to certain income levels.
There is no code to crack. Just build more housing and it will become affordable. If it’s not affordable, you haven’t built enough yet. It’s crazy how these cities will try literally anything except building more housing.
Building more housing ruins the picturesque views and hip vibe of the area. /s
Earlier quoted context omitted.
If height limits were raised with zoning for multi family housing, those investments would sky rocket faster than under NIMBY
Despite the uniformed nonsense you might read here, the most active NIMBYs aren't primarily motivated by property values. If you actually talk to them you'll find that they have no wish to ever sell and are worried (sometimes irrationally) about quality of life issues: noise, parking, traffic, crime, privacy, etc.
Really the property owners and landlords are the victims here.
There is no code to crack. Just build more housing and it will become affordable. If it’s not affordable, you haven’t built enough yet. It’s crazy how these cities will try literally anything except building more housing.
>you won’t do stuff during the day. So overall it will be less participating in economy. Building more housing ruins the picturesque views and hip vibe of the area. /s
This combined with 1/4th of apartments in the city being social housing really created a very affordable market for renters.
Earlier quoted context omitted.
Despite the uniformed nonsense you might read here, the most active NIMBYs aren't primarily motivated by property values. If you actually talk to them you'll find that they have no wish to ever sell and are worried (sometimes irrationally) about quality of life issues: noise, parking, traffic, crime, privacy, etc.
Tell me more about how they don't care about their property value they are simply trying to uphold the character of the neighborhood. Really the property owners and landlords are the victims here.
It's difficult because losing that NFT means they are fucked in retirement. Oh well for them, stupid them for wanting a house while nimby zoning was in effect.
The losers unfortunately won't be the boomers that made the dumbass laws but the people they squeezed afterwards. It's a totally fucked situation.
There is no code to crack. Just build more housing and it will become affordable. If it’s not affordable, you haven’t built enough yet. It’s crazy how these cities will try literally anything except building more housing.
Earlier quoted context omitted.
That's 646 square feet. That's 25'5"x25'5". For an urban area, that's plenty of space. That doesn't mean literally every apartment is that small, just that small and cheap apartments are available for those who want them, and American-sized apartments with American prices are also available for those who want to pay for them. That's one of the main reasons why housing is so expensive in the United States. We paternal…
> That's 646 square feet. That's 25'5"x25'5". For an urban area, that's plenty of space. It's not. And this is the total space, including the bathroom and the kitchen. > That doesn't mean literally every apartment is that small You are right, some are even smaller: https://www.nytimes.com/2022/10/03/business/tiny-apartments-... And all while just a hundred miles away, beautiful historical houses can be bought for lit…
Earlier quoted context omitted.
>you won’t do stuff during the day. So overall it will be less participating in economy. Building more housing ruins the picturesque views and hip vibe of the area. /s
In Vienna they have this interesting thing where any apartment built before the 50s is rent-capped, so investors usually won't go for the very picturesque old-town properties. This combined with 1/4th of apartments in the city being social housing really created a very affordable market for renters.
I wouldn't say it's very affordable in the post pandemic, post Ukraine world. It's affordable only if you get public social housing, or if you compare the private market rents to what's happening in the likes of London, Amsterdam, Berlin or Munich, but those are high paying banking/corporate/tech hubs, while Vienna is not, and so the lower rents also reflect the lower spending power of Viennese workers.
Earlier quoted context omitted.
Tell me more about how they don't care about their property value they are simply trying to uphold the character of the neighborhood. Really the property owners and landlords are the victims here.
Imagine you spend half your working class life saving for an absolute shit hole for half a million, knowing it's an NFT that no one can build more of. Then permitting laws are liberalized and suddenly your NFT is worth no more than the labor and material cost to physically build the house, minus depreciation. It's difficult because losing that NFT means they are fucked in retirement. Oh well for them, stupid them for…
I don't have a solution, I'm commenting that the typical things that are blamed for the housing shortage are symptoms not causes.
There's no big secret here. Dump restrictive zoning requirements, remove subjective approval processes, and make the permitting process a "shall approve" instead of "may approve", and you'll see a lot of new housing get built very quickly. All the slowdowns and immense extra expenses are self-inflicted by city residents who either don't care, don't want cheaper housing, or have been infected by the terminally brainle…
That is overly dismissive. Back in the post war era there was a huge problem with slum lords and corrupt builders constructing terrible residential units that were unlivable and began to fall apart as soon as tenants moved in. In response layers of requirements were added and regulators who had benign intentions went way too far. That all these rules would crash residential construction in the 1970s such that it woul…
No, this is intentional. It was damn near impossible to find a place where a man can still build his own home near civilization without oversight.