So who’s going to buy the $650,000 homes they are going to build now??
why y’all acting like this isn’t happening..the cheaper options got eliminated..that’s it!
In my area that isn't affordable$250,000 is affordable housing to lots of people of all races. And it’s brand new? Could you imagine telling someone in San Diego you are going to sell them a new home in a new subdivision for $250,000? That’s a $1000 a month mortgage with taxes and insurance. That’s not affordable? FHA is 5%. That’s $12,000 down payment on a brand new home. Not including any other credits like first time homebuyers. City and states offer down payment assistance to.
What are we talking about?
The median income is $61,000 for that area. I posted it in the post you said I wasn’t taking about nothing . That’s like $30 a hour. More then enough to purchase a $250,000 home.
When I got my house there was some factories and woods behind us. Now they’ve made all of them leave. Cut the woods down. Started raising the railroad tracts for better traffic and started building townhomes. I can’t wait to sell. And yes you can 100% buy a $250,000 home with a $1000 mortgage. I got mine for $241,000 and my mortgage is $1028. My taxes went down because of the homestead exemption, bringing my mortgage down even more.
You could go on realtor and use there calculator if you don’t believe me.
Fuck that, I’m a home owner and I don’t want “affordable housing” around my neighborhood either.. This isn’t my forever home but I still want my property value to remain intact so when I decide to buy another house I can turn the one I already own into a rental property (passive income)…
Fuck that, I’m a home owner and I don’t want “affordable housing” around my neighborhood either.. This isn’t my forever home but I still want my property value to remain intact so when I decide to buy another house I can turn the one I already own into a rental property (passive income)…
I feel what you're saying, but your desire to make some extra money shouldn't outweigh other people's ability actually get a home.
Ok i mostly read thru this thread.
So just to sum it up...the company is using the tag of "affordable housing"...just to get the land(s) and build more expensive houses...condos...etc. in that area.
What Dave is against...is them coming in their small town/village, and disrupting everything that makes the area what it is now. Kinda like what one of yall said...the start of gentrification in a sense. It starts wit the houses...then corporate companies droppin their businesses in the area and pushing out the smaller local ones. Erasing the culture of that area.
Am I right...wrong...in the ballpark wit that assessment so far?
The median income is $61,000 for that area. I posted it in the post you said I wasn’t taking about nothing . That’s like $30 a hour. More then enough to purchase a $250,000 home.
You're so far off on this assessment
Things bots do...
Equate "low income housing" with the black race.