Why no affordable housing?

[progressive hunter]

Yup. I just did a search - arbitrarily choosing Baltimore as the city. There are dozens of houses for sale in the $150,000 - $200,000 within commuting distance.

Are they fancy? No. (Are they better than the way my parents grew up? Yes.) These are options for lower-income people, where each of the couple earns $35,000 or $40,000.

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the house we lived in before these was a 1 bedroom bungalo type house that we paid 20K for and it was remodeled 1 yr before,,

sold it for 23K when we bought these

 

[Lisa558]

There is one additional factor.

The buyer.

A kid, straight out of a four-year college, believes they should be able to afford a 6000 sq ft house with a built-in pool and a gaming room with all the bells and whistles, all on a 40k dollar salary.

If they don't get that, they whine, complain, and trash society's infrastructure because they don't get to start at the top instead of working for, planning for, and setting goals to achieve what they want.

They want their trophy, and the world is a fucked up place if they don't get what they want, when they want it.

True. When I got out of college, the best I could afford was some dumpy rental where I was afraid to come home after dark. Most of my friends shared two-bedroom apartments, or rented a room in a group house. None of us complained.

Nowadays, the kids feel they’re suffering if they’re not in a $2500 luxury apartment walking distance to the metro with a 24-hour doorman.

 

[citygator]

In my opinion this is because cities don't want poor people around so while they talk about affordable housing, they find ways to thwart any serious effort at providing such.

You’re not wrong. It is an impact. poor people aren’t on zoning boards.

 

[RoshawnMarkwees]

‘Affordable housing’ is democrat code for ‘welfare housing’. Democrats love it. It helps grow voting constituencies.
The same welfare rent paid for affordable housing could actually cover the mortgage in older fixer-upper homes in the same towns. The difference is that the home-ownership/mortgage concept requires initiative, personal responsibility and self-reliance, all of which are foreign to democrat welfare sloth.

 

[Cassandro]

You’re not wrong. It is an impact. poor people aren’t on zoning boards.

But they are packed with pandering Democrats.

 

[braalian]

In my opinion this is because cities don't want poor people around so while they talk about affordable housing, they find ways to thwart any serious effort at providing such.

When people talk about affordable housing, they aren’t talking about just giving houses away to the poor

They’re talking about affordable housing for working class people

 

[RoshawnMarkwees]

When people talk about affordable housing, they aren’t talking about just giving houses away to the poor

They’re talking about affordable housing for working class people

No, they’re democrats talking about welfare voters.

 

[ColonelAngus]

Didnt California spend like $1 million per one bedroom unit building “AFFORDABLE HOUSING”?

 

[Lisa558]

When people talk about affordable housing, they aren’t talking about just giving houses away to the poor

They’re talking about affordable housing for working class people

The housing projects are for working class people too. They just pay more in rent, since rent is a percentage of income.

The problem is….they used to be OK. Lots of low-income people, and they were relatively crime-free. Now they’re a hotbed of drug activity and violence.

 

[Rawley]

In my opinion this is because cities don't want poor people around so while they talk about affordable housing, they find ways to thwart any serious effort at providing such.

Biden literally invited millions, if not tens of millions of illegals into the country. The disruption of housing these illegals has severely distorted the low income housing market.

 

[Woodznutz]

You can add, "Why are we, the largest economy in the world, unable to afford healthcare for all Americans" when all the other major industrial countries with much lower GDP can and do? It is all economics and what the ruling political class, wants to address and pay for, out of this country's resources.

The GDP of many countries benefits greatly from trade with us, so they can afford more social services.

 

[Woodznutz]

. The rents are still affordable.

If subsidized, yes.

 

[Woodznutz]

Yup. I just did a search - arbitrarily choosing Baltimore as the city. There are dozens of houses for sale in the $150,000 - $200,000 within commuting distance.

Are they fancy? No. (Are they better than the way my parents grew up? Yes.) These are options for lower-income people, where each of the couple earns $35,000 or $40,000.

Real Estate & Homes For Sale - 65 Homes For Sale | Zillow

Zillow has 65 homes for sale. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place.

www.zillow.com

We have some of those as well. Part of the low price is that they are in crime ridden areas. It was so bad in one neighborhood that most of the 8-unit apartment buildings were in foreclosure by several banks. A friend of mine bought 16 of them (yes, 16 8-unit apartment buildings) using only the equity in his country home as a "down payment". However, he was also a builder which helped. His wife is Mexican and does all the renting. He and she removed all the blacks and replaced them with working Latino families. He hires many of them to work on the properties. He upgraded the whole development and reduced police calls to nearly none. Needless to say, he is a very wealthy man today. Everyone is happy, he and his wife, his tenants, and the city. Distressed properties that he paid $100,000 for are worth $700,000-$800,000 today.

 

[Cassandro]

You can add, "Why are we, the largest economy in the world, unable to afford healthcare for all Americans" when all the other major industrial countries with much lower GDP can and do? It is all economics and what the ruling political class, wants to address and pay for, out of this country's resources.

The US has the best health care in the world. Why do you want to change it?

 

[RoshawnMarkwees]

We have some of those as well. Part of the low price is that they are in crime ridden areas. It was so bad in one neighborhood that most of the 8-unit apartment buildings were in foreclosure by several banks. A friend of mine bought 16 of them (yes, 16 8-unit apartment buildings) using only the equity in his country home as a "down payment". However, he was also a builder which helped. His wife is Mexican and does all the renting. He and she removed all the blacks and replaced them with working Latino families. He hires many of them to work on the properties. He upgraded the whole development and reduced police calls to nearly none. Needless to say, he is a very wealthy man today. Everyone is happy, he and his wife, his tenants, and the city. Distressed properties that he paid $100,000 for are worth $700,000-$800,000 today.

What city are you talking about? For highspanic displacement to take hold, there needs to be money to attract the highspanics in the first place. That’s why we have so many highspanics in the DC area. An unending supply of federal money accrued on the backs of the nation’s taxpayers.

 

[Woodznutz]

None of those are worth the asking price, but your point is taken.

I'd not spend that kind of money on any of those, fixer-uppers or not.

My son bought a fixer-upper. It's a money pit. A needed roofing replacement will cost him over $30,000, The inside is also a disaster, foundation is full of cracks and leaks.

 

[Woodznutz]

What city are you talking about? For highspanic displacement to take hold, there needs to be money to attract the highspanics in the first place. That’s why we have so many highspanics in the DC area. An unending supply of federal money accrued on the backs of the nation’s taxpayers.

I won't reveal the city, but this occurred 20 years ago, long before the current problems with immigrants. I also owned an 8-unit, for 18 years. The working Latino families were my best tenants. I actually inspired my friend to take a chance as a landlord. I didn't realize he was going to buy a whole neighborhood.

 

[RoshawnMarkwees]

My son bought a fixer-upper. It's a money pit. A needed roofing replacement will cost him over $30,000, The inside is also a disaster, foundation is full of cracks and leaks.

How much did he pay? I got one for $22k. 1860 carpenter gothic full of priceless history.

 

[RoshawnMarkwees]

I won't reveal the city, but this occurred 20 years ago, long before the current problems with immigrants. I also owned an 8-unit, for 18 years. The working Latino families were my best tenants. I actually inspired my friend to take a chance as a landlord. I didn't realize he was going to buy a whole neighborhood.

It must have had money for the highspanics to migrate there.

 

[Woodznutz]

What city are you talking about? For highspanic displacement to take hold, there needs to be money to attract the highspanics in the first place. That’s why we have so many highspanics in the DC area. An unending supply of federal money accrued on the backs of the nation’s taxpayers.

Until he bought those properties his wife had her own business cleaning private homes. That's how they were able to buy, renovate, and flip properties (long before the term existed). It was his experience as a builder that helped get him the loan for those properties.