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Affordable housing doesn't mean more affordable middle class housing
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Date: November 5th, 2025 1:08 PM Author: ..,,....,,.,..,,..,,...,...,,....,..., XO of all places shouldn't be confused by this (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404161) |
Date: November 5th, 2025 1:13 PM Author: Darth Cheney (✅🍑) cr it's going to mean more section 8 and more projects (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404183) |
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Date: November 5th, 2025 1:15 PM Author: ..,,....,,.,..,,..,,...,...,,....,..., Of course it will but posters think it means some poor 35 year old making 100k will be able to afford something (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404186) |
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Date: November 5th, 2025 1:19 PM Author: goo It actually means higher rents on normal apartments to pay for brand-new luxury apartments for people with minimum wage jobs. Not flame. (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404203) |
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Date: November 5th, 2025 1:19 PM Author: Darth Cheney (✅🍑) jfc (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404204) |
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Date: November 5th, 2025 2:04 PM Author: Ass Sunstein (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404343) |
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Date: November 5th, 2025 1:29 PM Author: ''''''""'"" looks like the NYC mayor election didn’t go your way, but the jury’s still out on your prediction that Comey will be convicted (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404232) |
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Date: November 5th, 2025 1:17 PM Author: goo (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404193) |
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Date: November 5th, 2025 1:18 PM Author: Mr Right builders know every young persons dream of home ownership includes a beautifully appointed, wood frame, 580 sq foot "lifestyle space" with laminate floors, no soundproofing and spotty wifi. (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404197) |
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Date: November 5th, 2025 1:53 PM Author: ;..........,,,...,,.;.,,...,,,;.;.....;;;. (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404316) |
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Date: November 5th, 2025 1:20 PM Author: Dick Cheyneys baboon heart ever-beating in coffin (gunneratttt) so what? addressing housing scarcity at any class band is a hood thing. (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404205) |
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Date: November 5th, 2025 1:22 PM Author: goo Housing supply goes down when you tax housing production. And the "affordable housing" is just a tax on housing production. When you reduce the revenues the developers make, some projects stop making enough to be worth building, so they build less. (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404212) |
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Date: November 5th, 2025 1:28 PM Author: LathamTouchedMe I work in this space on the legal side. Affordable housing set asides are not a problem in the slightest. Zoning and building codes and a slow bureaucratic process at every step of the process are the primarily problem. You have to be an established player to make any money if you're developing more than just a lot for a single-family home (and even then it's a fucking hassle that's often not worth it). (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404226) |
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Date: November 5th, 2025 1:38 PM Author: goo LOL a lawyer, of course.
I work in this space on the economics side. This isn't true at all. Affordable housing set-asides reduce the developers' bidding power for land, meaning fewer parcels are bought for redevelopment.
Here's a paper that shows just how drastic the effect is. The incusionary zoning effect was so large that it outweighed the relaxation of the zoning code.
https://www.huduser.gov/portal/periodicals/cityscape/vol25num2/ch11.pdf |
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Date: November 5th, 2025 2:19 PM Author: Dick Cheyneys baboon heart ever-beating in coffin (gunneratttt) how does "affordable housing" as a broad concept imply taxing housing, which can only serve to make it more expensive? (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404402) |
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Date: November 5th, 2025 2:22 PM Author: Ass Sunstein Because "affordable housing" is not a broad concept involving making housing more affordable for everyone. Rather, it's a very specific legal definition of low-income requirements, making only a certain subset of poormos eligible for it.
Example: https://www.nyc.gov/site/hpd/services-and-information/area-median-income.page
When politicians and bureaucrats talk about "affordable housing", this latter specific definition is what they actually mean, although they often misleadingly imply the former idea. |
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Date: November 5th, 2025 2:25 PM Author: Dick Cheyneys baboon heart ever-beating in coffin (gunneratttt) oh i thought this was about affordable housing for the poor as a general concept (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404430) |
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Date: November 5th, 2025 1:23 PM Author: LathamTouchedMe cr. adding supply, no matter the price point (luxury housing or ghetto housing) helps. It's a good thing and a "hood thing" too. (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404215) |
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Date: November 5th, 2025 1:24 PM Author: goo true, but only if the subsidy doesn't come from the market-rate apartments. (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404219) |
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Date: November 5th, 2025 1:32 PM Author: Charles Tyrwhitt Dad The most affordable metros are places where it's very easy to build new housing. Places like Florida and Texas and AZ and NV keep cranking out new subdivisions after subdivisions. They are also among the more prone to boom and bust cycles compared to the coastal markets, where new housing is difficult to build, limiting new entries to the market.
The real question becomes not so much the supply of housing but why is housing so difficult to build in NYC or California or metro Boston or DC. Some can point to the lack of available new lands (in direct comparison to the sunbelt) but a major factor is indisputably regulation. It's why affordable housing is so expensive to build and often more expensive than free market middle class housing in less expensive parts of the country. And in this case I wish NYC best of luck. These overeducated Gen Zs are in for a rude shock if they think anything is going to change in the next four or eight years. They are certainly not first in the queue for the handful of new affordable housing units that may crop up under Mamdani or any progressive Democrats. So, yes, any new supply is a good thing, but it's not going to shift the needle in NYC. |
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Date: November 5th, 2025 1:33 PM Author: Covid was a Hoax its hard to build because theres no space lol (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404248) |
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Date: November 5th, 2025 1:36 PM Author: fulano yes nyc is a rare market where regulation makes sense because there is no space to allocate (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404256) |
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Date: November 5th, 2025 1:39 PM Author: Covid was a Hoax even in places like dc or boston you need enormous amounts of space for even massive buildings of studio apartments because of cars and parking lots and shit. you can do underground garages but thats expensive as hell for both developers and renters and quite frankly dumb. (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404272) |
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Date: November 5th, 2025 1:45 PM Author: goo You can just eliminate parking requirements, especially in NYC. (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404292) |
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Date: November 5th, 2025 1:44 PM Author: goo That is an insane statement. There are many parking lots and underutilized lots all over the city. Most of the city doesn't look like Midtown.
A PhD student at MIT calculated all the underbuilt lots in the city that are prime for redevelopment if regulations would allow. https://vrollet.github.io/files/city_structure.pdf |
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Date: November 5th, 2025 1:52 PM Author: LathamTouchedMe That's not true. There's plenty of space out there. I do agree that transportation infrastructure can at times be an issue. But even the most dense place in the US (NYC Metro) has a lot of room for increased density. Egregious examples in NY include suburbs that are 30 mins away by train that have single-family houses next to the train station. The system is set up to block or slow down development, especially dense, multi-family development. (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404314) |
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Date: November 5th, 2025 1:54 PM Author: Charles Tyrwhitt Dad Ah. Advocating the wholesale demolition of Bronxville for Hong Kong style highrises? (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404319) |
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Date: November 5th, 2025 2:00 PM Author: goo This is a block from a subway stop in Queens.
https://maps.app.goo.gl/XbsUMLyyz52PYrKSA |
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Date: November 5th, 2025 2:00 PM Author: .,.,.....,.,.;,.,,,:,.,.,::,...,:,..;,.. you are talking out of your asshole yet again. overdevelopment ruins towns/schools/communities/ (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404327) |
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Date: November 5th, 2025 2:01 PM Author: goo Yes, everyone knows Fifth Avenue and Park Avenue were ruined when the single-family brownstones were replaced by 15-story co-ops. (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404330) |
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Date: November 5th, 2025 2:30 PM Author: pitbulls eating your face in hell forever tp We’re going to bring the beautiful brownstones BACK, and then deport you and your communist NIGGER mayor back to “Uganda” or “Ulaanbatar” or wherever the hell you freaks came from. (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404441) |
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Date: November 5th, 2025 4:26 PM Author: .,.,.....,.,.;,.,,,:,.,.,::,...,:,..;,.. no one gives a shit about faggot nyc. i'm talking about America (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404762) |
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Date: November 5th, 2025 1:35 PM Author: ..,,....,,.,..,,..,,...,...,,....,..., I don't agree with that (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404255) |
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Date: November 5th, 2025 1:38 PM Author: white collar taliban on the computer i don't agree and neither do most people (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404266) |
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Date: November 5th, 2025 1:29 PM Author: Covid was a Hoax its bullshit. every family who gets gibs means another family boxed out of housing. no one wants to subsidize mcdonalds workers. (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404229) |
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Date: November 5th, 2025 1:33 PM Author: fulano selling these hideous multimillion dollar empty jewelboxes to chinese has been a death knell. hard to imagine a developer even interested in something for middle class in mhf.
even the 20/80 rule (which requires 20% to go to public space or real poors) wont do anything for the 100 remaining normal people in that city |
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Date: November 5th, 2025 2:07 PM Author: Ass Sunstein Adding more section 8 housing everywhere makes every place more ghetto and makes it harder and harder for normal people to afford any kind of non-ghetto living environment (which become scarcer and scarcer). (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404356) |
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Date: November 5th, 2025 2:08 PM Author: white collar taliban on the computer (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404363) |
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Date: November 5th, 2025 4:31 PM Author: .;:..;:.;.:.;.,,,..,.:,.;....;,;;;..;,..,,.,,...., (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404768) |
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Date: November 5th, 2025 4:46 PM Author: Louis XX Twist if you commit to building 300k starter homes or condos in a really nice area they immediately get flipped for 5, then bought by PE, reno'd, flipped for 8.5-9 and in 5 years it's a million. Anything remotely nice anywhere no matter what you value it at is going for a million sooner than later just because there are that many Millennials with money who would like to live there. All middle class housing is luxury housing if it's in the right area. You actually have to build something shitty enough to keep the rent down. (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404807) |
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Date: November 5th, 2025 5:21 PM Author: ..,,....,,.,..,,..,,...,...,,....,..., That's my point and that's what you're going to get with legislated affordable housing, not affordable housing for people with decent jobs (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404896) |
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Date: November 5th, 2025 5:20 PM Author: white collar taliban on the computer https://x.com/GoySuperstar/status/1986193605091049924 (http://www.autoadmit.com/thread.php?thread_id=5793860&forum_id=2)#49404893) |