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Joined: Wed December 19, 2012 9:53 pm Posts: 22628 Location: Chapel Hill, NC, USA
Bi_3 wrote:
B wrote:
4/5 wrote:
It also sounds like making it more difficult to build housing leads to housing becoming less affordable and contributes to some real problems.
Yeah, this is an unending debate here in Chapel Hill, NC.
You should see how angry all the old white people get over 35 acres that the town bought. The Town wants to combine it with an existing park to make a 30 acre park and use 10 acres of the new land for housing. Oh man, the screaming over the loss of those 10 acres .... oh man!
For the bottom 2/3 of earners, the overwhelming majority of their net worth comes from their primary residence. It makes sense that any perceived threat would be defended against no matter the benefit to the state
Well, I'll say this ... - This would benefit the community. I guess you could argue it benefits "the state" in that they would have some taxable homes, but given they'd be lower value, and I expect Chapel Hill to spend that money on town services, I'm not sure I care.
- Average home price is over $500,000 and we're all VERY liberal (supposedly), I'd think a minor drop in home value to benefit those serving your food or the environment wouldn't cause vehement hate.
_________________ Everything's perfectly all right now. We're fine. We're all fine here, now, thank you. How are you?
Joined: Thu January 24, 2013 4:32 am Posts: 20932 Location: Surrounded by Wokes. Please send help.
My house has gained exponential value the past ten years, as has every house in my neighborhood. Because scarcity.
But I certainly do not begrudge developers from getting a variance when ol’ grandma down the street moves off to a nursing home, they tear down her ancient house, and put up 2-3 new townhomes in its place. I don’t fear that the additional housing units in my neighborhood are going to cripple my equity position. Because I’m not insane. We need more Bammer types, honestly, not all these NIMBYs.
Joined: Tue September 24, 2013 5:56 pm Posts: 47295 Location: In the oatmeal aisle wearing a Shellac shirt
Bammer wrote:
My house has gained exponential value the past ten years, as has every house in my neighborhood. Because scarcity.
But I certainly do not begrudge developers from getting a variance when ol’ grandma down the street moves off to a nursing home, they tear down her ancient house, and put up 2-3 new townhomes in its place. I don’t fear that the additional housing units in my neighborhood are going to cripple my equity position. Because I’m not insane. We need more Bammer types, honestly, not all these NIMBYs.
Uhh…if yours is a single family house, then that townhome only increases your value.
Joined: Wed December 19, 2012 9:53 pm Posts: 22628 Location: Chapel Hill, NC, USA
Bammer wrote:
My house has gained exponential value the past ten years, as has every house in my neighborhood. Because scarcity.
But I certainly do not begrudge developers from getting a variance when ol’ grandma down the street moves off to a nursing home, they tear down her ancient house, and put up 2-3 new townhomes in its place. I don’t fear that the additional housing units in my neighborhood are going to cripple my equity position. Because I’m not insane. We need more Bammer types, honestly, not all these NIMBYs.
They're not even tearing down homes here. The two biggest fights are over that before mentioned property that the Town bought from the VFW and a wooded plot owned by the Town and County where people with $2000 mountain bikes like to ride.
_________________ Everything's perfectly all right now. We're fine. We're all fine here, now, thank you. How are you?
My house has gained exponential value the past ten years, as has every house in my neighborhood. Because scarcity.
But I certainly do not begrudge developers from getting a variance when ol’ grandma down the street moves off to a nursing home, they tear down her ancient house, and put up 2-3 new townhomes in its place. I don’t fear that the additional housing units in my neighborhood are going to cripple my equity position. Because I’m not insane. We need more Bammer types, honestly, not all these NIMBYs.
Uhh…if yours is a single family house, then that townhome only increases your value.
I don’t agree. Dense housing crowds roads and schools, brings crime and lowers neighborhood stability, and I suspect it rarely performs as well as folks think beyond like 2-5 years.
_________________ "The fatal flaw of all revolutionaries is that they know how to tear things down but don't have a f**king clue about how to build anything."
Joined: Tue September 24, 2013 5:56 pm Posts: 47295 Location: In the oatmeal aisle wearing a Shellac shirt
Bi_3 wrote:
tragabigzanda wrote:
Bammer wrote:
My house has gained exponential value the past ten years, as has every house in my neighborhood. Because scarcity.
But I certainly do not begrudge developers from getting a variance when ol’ grandma down the street moves off to a nursing home, they tear down her ancient house, and put up 2-3 new townhomes in its place. I don’t fear that the additional housing units in my neighborhood are going to cripple my equity position. Because I’m not insane. We need more Bammer types, honestly, not all these NIMBYs.
Uhh…if yours is a single family house, then that townhome only increases your value.
I don’t agree. Dense housing crowds roads and schools, brings crime and lowers neighborhood stability, and I suspect it rarely performs as well as folks think beyond like 2-5 years.
Hmm... Certainly not the case where we are. Maybe that's true in more heavily urbanized areas? There's probably an inflection point at which the density becomes a net-loss for the marketplace. Here in my town, single-home home have skyrocketed because they're not being made any more; townhomes and condos are springing up everywhere, and the market there is volatile. But this is not a place prone to violent crime.
My house has gained exponential value the past ten years, as has every house in my neighborhood. Because scarcity.
But I certainly do not begrudge developers from getting a variance when ol’ grandma down the street moves off to a nursing home, they tear down her ancient house, and put up 2-3 new townhomes in its place. I don’t fear that the additional housing units in my neighborhood are going to cripple my equity position. Because I’m not insane. We need more Bammer types, honestly, not all these NIMBYs.
Uhh…if yours is a single family house, then that townhome only increases your value.
I don’t agree. Dense housing crowds roads and schools, brings crime and lowers neighborhood stability, and I suspect it rarely performs as well as folks think beyond like 2-5 years.
Hmm... Certainly not the case where we are. Maybe that's true in more heavily urbanized areas? There's probably an inflection point at which the density becomes a net-loss for the marketplace. Here in my town, single-home home have skyrocketed because they're not being made any more; townhomes and condos are springing up everywhere, and the market there is volatile. But this is not a place prone to violent crime.
This would depend on the homes’ proximity to a major city center or other desirable area. Tons of condos being built in my Chicago neighborhood, and the single family homes aren’t getting any cheaper. Inching closer to unicorn status really.
Joined: Thu January 24, 2013 4:32 am Posts: 20932 Location: Surrounded by Wokes. Please send help.
tragabigzanda wrote:
Bammer wrote:
My house has gained exponential value the past ten years, as has every house in my neighborhood. Because scarcity.
But I certainly do not begrudge developers from getting a variance when ol’ grandma down the street moves off to a nursing home, they tear down her ancient house, and put up 2-3 new townhomes in its place. I don’t fear that the additional housing units in my neighborhood are going to cripple my equity position. Because I’m not insane. We need more Bammer types, honestly, not all these NIMBYs.
Uhh…if yours is a single family house, then that townhome only increases your value.
We’ve established that I’m not insane so I don’t go nimby over it.
Not a fan of the idea of a ton more vehicle traffic though.
Crime and low neighborhood stability are often used as a proxy for race
This presents a problematic but real world choice then. Integration and victimization vs segregation and safety. Nice job Scott Adams.
_________________ "The fatal flaw of all revolutionaries is that they know how to tear things down but don't have a f**king clue about how to build anything."
_________________ "The fatal flaw of all revolutionaries is that they know how to tear things down but don't have a f**king clue about how to build anything."
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