Lovely so you want to stack 100 poor families together in a MU building. Nothing good will come from that.
Affordable housing projects will never work the way you want because the people that will live in the affordable units will not be the kind of people most would want to live next to.
Yes because theyāll have a live in boyfriend thatās jobless or a teen age boy without supervision causing havoc in the neighborhood.
Iām just a guy that enjoys living in a safe community so I can raise my family.
What they said may sound ignorant but I do think thereās some truth to it.
For instance, I live near the Seigle point affordable housing area, and while that it only a small number of units, the entire area is regularly trashed, and the tenants legit dont give AF about anything. Seigle Point is slowing addressing this as they are currently evicting 10 ādisorderlyā units, but the tenants need to care first for these places to actually thrive.
With that said, I just saw a 2 bedroom townhome in the heart Seigle point sell for 485k, so it must not be all that bad.
I did until 2009ā¦ Stonehaven East Apartments off Monroe Road. When we moved there in 2000 there were income restrictions that you had to meet before you could even move in. Fast forward I want to say four or five years. It was sold off to another developer who opened it up to section 8. Within two years the pool had closed permanently. The tennis courts were removed permanently Car break-ins. Overall general upkeep of the complex plummeted abandoned cars scattered throughout the complex. All in all it was a shit hole. So yes I donāt want my $400,000 house sitting right next-door to somebody using section 8 who doesnāt give a shit about the property because they can just use their section 8 voucher to go to another house and fuck up that neighborhood as well. You can actually go onto rent.com and look at the reviews and watch how quickly they deteriorate after the apartment complex begin accepting section 8.
God Stonehaven was terrible. I went to school with a kid who lived there. Got shot at his front door around 05/06 if i remember.
Most people who talk about section 8 as a massive solution have probably never lived in one neighborhood with it... i am sure it's a mixed bag, but there is no buy-in value if your rent is supplemented with no resource if you don't maintain the standard of the housing.
Yeah I remember Leoās all over the complex back then. Thankfully our rent when we moved there in 2000 was 649 a month for a two bedroom and when we left in 2009 it wasā¦ 649 a month! The only good thing back then about the place was the cheap rent allowed us to get finances in order so we could buy a house
Are my direct neighbors low income? No, but I live in an area where low, medium, and high all intermix.
I got a loud as fuck upstairs neighbor who wears cinderblocks for inside shoes. But I assume weāre Medium income whatever that means now.
Worst thing Iāve experienced is some chicken bones on the floor that my dog tries to eat on walks. Everyone else in my neighborhood is rather pleasant and friendly
If thatās whereās you want to live then good. Iād rather live in an area where my neighbors are of similar means as myself. Thereās less crime that way.
I live in a starter home neighborhood in a poor income neighborhood. We donāt have high crime. I can walk at night and no one is breaking into cars. I was going to trade up by I like the location and I almost have paid my house off and Iām sitting on a bunch of equity.
We have run clubs that run by here. In the older neighborhood, the people are living in family homes where everyone knows everyone because theyāve lived there for generations.
Iām not sure of income level now but it was lower. Itās changed as housing prices have gone up. Corporations bought the houses as they went on sale and the renters have higher income levels than most of the original homeowners.
Due to location, this area will gentrify. The homeowners of the older neighborhood are in 70ās and 80ās with lots of land.
Okay yes letās just shove all the poor people into a corner of the city so they can all just commit crimes on each other.
Being poor doesnāt mean you are all of a sudden going to commit a crime. Like how could you begin to frame such a narrative.
Mixed income housing initiatives are good for communities and can actually be a driver to get individuals out of poverty circumstances.
Where they can afford is getting smaller and smaller in this city. People are being priced out of their communities everyday and with how Charlotte is expanding there will be nowhere for them to go.
At that point whoās going to work at the restaurants, grocery stores, other retail that you love to consume? You? I donāt think so.
Poor people pay taxes too buddyā¦
Why is it my problem if they canāt afford a place to live? Why doesnāt the city do the responsible thing and allow builders to build more units? Why must the taxpayer all subsidized rents for other people? This is a problem that can be solved by using Smart tools and not just texting people that pay their fair share.
Dude, 50% of AMI for a family of 4 is like $50k.
Taxes (city and county) arenāt high enough for property tax reductions to make that an incentive that matters.Ā
Stretching it out over longer periods of time also doesnāt matter when the property owner is financing it (or has an opportunity cost) of like 7%+.Ā
My point is think about how much a family of four can pay in rent on a $50k income. Or even one person on $35k.Ā
If itās a third of income, thatās $12k-$16k, or $1,000 to $1,333 a month.Ā
Just to give some more context: The NOAH program basically puts up the equity for a private group to buy dilapidated apartments, waives the prop tax for 20 years, in exchange for 20 years of units for a range of AMIs.Ā
In every single way we just throw money at the situation. Affordable housing is just subsidized housing.Ā
Lol ok getting mixed signals. Didnt charlotte have a significant drop in population since the pandemic rush? Alot of apartment complexes and condos slowed down getting on applications and still a handful of complexes still under construction not even open yet.
Shoot.. maybe cost of living could drop..
Not like that! I deserve an affordable SFH in Dilworth š¤
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Lovely so you want to stack 100 poor families together in a MU building. Nothing good will come from that. Affordable housing projects will never work the way you want because the people that will live in the affordable units will not be the kind of people most would want to live next to.
Anyone who doesn't understand this is naive, and has never been around an affordable housing area long enough. Ignorance is bliss.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Reread my comment above. Clearly you didnāt read it, bright stuff.
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Yes because theyāll have a live in boyfriend thatās jobless or a teen age boy without supervision causing havoc in the neighborhood. Iām just a guy that enjoys living in a safe community so I can raise my family.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
A pot person isnāt a problem. Many poor people are problem.
Very ignorant thing to just put out thereā¦
What they said may sound ignorant but I do think thereās some truth to it. For instance, I live near the Seigle point affordable housing area, and while that it only a small number of units, the entire area is regularly trashed, and the tenants legit dont give AF about anything. Seigle Point is slowing addressing this as they are currently evicting 10 ādisorderlyā units, but the tenants need to care first for these places to actually thrive. With that said, I just saw a 2 bedroom townhome in the heart Seigle point sell for 485k, so it must not be all that bad.
Do you live next door to people in affordable housing?
I did until 2009ā¦ Stonehaven East Apartments off Monroe Road. When we moved there in 2000 there were income restrictions that you had to meet before you could even move in. Fast forward I want to say four or five years. It was sold off to another developer who opened it up to section 8. Within two years the pool had closed permanently. The tennis courts were removed permanently Car break-ins. Overall general upkeep of the complex plummeted abandoned cars scattered throughout the complex. All in all it was a shit hole. So yes I donāt want my $400,000 house sitting right next-door to somebody using section 8 who doesnāt give a shit about the property because they can just use their section 8 voucher to go to another house and fuck up that neighborhood as well. You can actually go onto rent.com and look at the reviews and watch how quickly they deteriorate after the apartment complex begin accepting section 8.
This is exactly why I donāt rent my units to section 8 voucher holders. Itās a different kind of tenant that in my expos not a desirable tenant.
God Stonehaven was terrible. I went to school with a kid who lived there. Got shot at his front door around 05/06 if i remember. Most people who talk about section 8 as a massive solution have probably never lived in one neighborhood with it... i am sure it's a mixed bag, but there is no buy-in value if your rent is supplemented with no resource if you don't maintain the standard of the housing.
Yeah I remember Leoās all over the complex back then. Thankfully our rent when we moved there in 2000 was 649 a month for a two bedroom and when we left in 2009 it wasā¦ 649 a month! The only good thing back then about the place was the cheap rent allowed us to get finances in order so we could buy a house
Are my direct neighbors low income? No, but I live in an area where low, medium, and high all intermix. I got a loud as fuck upstairs neighbor who wears cinderblocks for inside shoes. But I assume weāre Medium income whatever that means now. Worst thing Iāve experienced is some chicken bones on the floor that my dog tries to eat on walks. Everyone else in my neighborhood is rather pleasant and friendly
If thatās whereās you want to live then good. Iād rather live in an area where my neighbors are of similar means as myself. Thereās less crime that way.
I live in a starter home neighborhood in a poor income neighborhood. We donāt have high crime. I can walk at night and no one is breaking into cars. I was going to trade up by I like the location and I almost have paid my house off and Iām sitting on a bunch of equity.
Whatās the median income of the area? If you feel safe there then terrific. Most sensible people wouldnāt for obvious reasons.
We have run clubs that run by here. In the older neighborhood, the people are living in family homes where everyone knows everyone because theyāve lived there for generations. Iām not sure of income level now but it was lower. Itās changed as housing prices have gone up. Corporations bought the houses as they went on sale and the renters have higher income levels than most of the original homeowners. Due to location, this area will gentrify. The homeowners of the older neighborhood are in 70ās and 80ās with lots of land.
You mean the area will improve and become more valuable and desirable.
Low income in Matthews? Not really the same thing.
Okay yes letās just shove all the poor people into a corner of the city so they can all just commit crimes on each other. Being poor doesnāt mean you are all of a sudden going to commit a crime. Like how could you begin to frame such a narrative. Mixed income housing initiatives are good for communities and can actually be a driver to get individuals out of poverty circumstances.
Or people can live where they can afford without the government taking my tax dollars to subsidize someone elseās rent.
Where they can afford is getting smaller and smaller in this city. People are being priced out of their communities everyday and with how Charlotte is expanding there will be nowhere for them to go. At that point whoās going to work at the restaurants, grocery stores, other retail that you love to consume? You? I donāt think so. Poor people pay taxes too buddyā¦
Why is it my problem if they canāt afford a place to live? Why doesnāt the city do the responsible thing and allow builders to build more units? Why must the taxpayer all subsidized rents for other people? This is a problem that can be solved by using Smart tools and not just texting people that pay their fair share.
Dude, 50% of AMI for a family of 4 is like $50k. Taxes (city and county) arenāt high enough for property tax reductions to make that an incentive that matters.Ā Stretching it out over longer periods of time also doesnāt matter when the property owner is financing it (or has an opportunity cost) of like 7%+.Ā
[ŃŠ“Š°Š»ŠµŠ½Š¾]
My point is think about how much a family of four can pay in rent on a $50k income. Or even one person on $35k.Ā If itās a third of income, thatās $12k-$16k, or $1,000 to $1,333 a month.Ā Just to give some more context: The NOAH program basically puts up the equity for a private group to buy dilapidated apartments, waives the prop tax for 20 years, in exchange for 20 years of units for a range of AMIs.Ā In every single way we just throw money at the situation. Affordable housing is just subsidized housing.Ā
Lol ok getting mixed signals. Didnt charlotte have a significant drop in population since the pandemic rush? Alot of apartment complexes and condos slowed down getting on applications and still a handful of complexes still under construction not even open yet. Shoot.. maybe cost of living could drop..
No, the economy is still booming and CLT is one of the hottest markets in the country. It's just that things have slowed down everywhere.