TAD Amendment Passing is Bad for Atlanta (for sale, neighborhoods)

[krw8008]

Originally Posted by gt6974a

I don't agree with your lightness of the situation by saying 'Break ins happen'. No one should settle nor allow for this behavior, especially those around Grant Park right now getting hit every day.

Are break-ins happening on a daily basis in Grant Park right now? Do you have firsthand knowledge of it? I'm really just curious actually. I have a couple of friends that live in Grant Park (Park Ave, Sydney St). We keep each other up on activity in our respective neighborhoods (me, Inman Park) and none of them have mentioned any significant increase in activity. Things have been pretty quiet. Yeah, there was the "YouTube" break-in, but that made big headlines because it ended up on YouTube.

[rvbrad]

Per current insurance data, the rate factor increases significantly in buildings/developments that include any government or community subsidy for ownership or lease. Historical data (Not 1980's or 1990's - more like recent 3 years for factor computations) suggests that the crime index is significantly higher, the default rate is higher, and appreciation in value occurs at less-than-marginal rate.

This is fact, not fiction.

[wxjay]

Originally Posted by aries4118

It will breed even more sprawl; causing those who work in the city and that have more modest incomes (tons of people) to have to live further and further out.

I honestly don't think that affordability in the #1 factor holding back downtown or Midtown Atlanta from having more residents. It's the mere culture here that people want to live in the burbs and have yards and send their kids to good public or private schools. The mentality is different than say, Manhattan, where people FIGHT for apartments, even if they are overpriced, because they want to live in the city and enjoy various amenities. That is just not the driving factor for Atlanta.

[DeaconJ]

Originally Posted by wxjay

I honestly don't think that affordability in the #1 factor holding back downtown or Midtown Atlanta from having more residents. It's the mere culture here that people want to live in the burbs and have yards and send their kids to good public or private schools. The mentality is different than say, Manhattan, where people FIGHT for apartments, even if they are overpriced, because they want to live in the city and enjoy various amenities. That is just not the driving factor for Atlanta.

HMMM...I live in the city, and I have a yard...my neighbors have kids that attend good schools. This is very possible in the city of Atlanta, and the big question is - do we want Manhattan or do we want Detroit...or maybe something in between where people are able to live affordably in the city and aren't "afraid" of it?

[CityFan]

Originally Posted by BringBackCobain

You are wrong about AS. The apartments were charging expensive market rates, but were also required to offer section 8. Thus, you had normal income people living with the section 8 people, and all the negativity associated with them (loud, noise, crime, drugs). Those normal people have since moved out, and those apartments cannot get anyone to rent the market units, so they have had to lower rents, inviting more low income people to live there.

Very well said. Who he has money would like to rent a place with Section 8 as neighborhood? That's the way it is that rich people live around with rich people.

Originally Posted by BringBackCobain

I am not against TADs. I am only against thier use to require affordable housing in a city that has an excess of supply. Want affordable? Move to an emerging area. It is not a god given right, or constitutional right, for a lower income person to be able to live in a new development.

I am against TADs. It's market manupilation with public money. TAD can be a loophole of tax money to be misused by grantor and recipient.

Originally Posted by BringBackCobain

Atlanta needs more middle class housing. This city is so poor, obviously we do not need more subsidized housing.

Yes. Atlanta needs more rich people to raise its appealling internationally. Only by then, we won't see much difference in its past and future.

[wxjay]

Originally Posted by DeaconJ

HMMM...I live in the city, and I have a yard...my neighbors have kids that attend good schools. This is very possible in the city of Atlanta, and the big question is - do we want Manhattan or do we want Detroit...or maybe something in between where people are able to live affordably in the city and aren't "afraid" of it?

But the new developments intown are not single family homes with yards in good school districts. They are condos and townhomes.

[DeaconJ]

Some people prefer condos and townhomes...some people prefer single family homes...it's a personal preference.

[aries4118]

Originally Posted by wxjay

But the new developments intown are not single family homes with yards in good school districts. They are condos and townhomes.

Travel around the City of Atlanta...you will see plenty of homes with yards, in good school districts. It's one of Atlanta's signature features (besides the trees)...pastoral neighborhoods right next to very urban corridors. The Best Examples:

-Ansley Park
-Sherwood Forest
-North Buckhead
-Various neighborhoods off of Peachtree Road in Buckhead
-Even neighborhoods in Vinings, Sandy Springs, and Dunwoody (near Cumberland and Perimeter respectively)
-Home Park
-Loring Heights

*Tom Wolfe even commented about this after his book, A Man In Full, was released.

*Plus, there are plenty of pastoral neighborhoods in the city (more even!), not near very urban corridors--another distinguishing Atlanta feature.

*I love driving through Ansley Park and looking up to see the Midtown skyscrapers right behind it!

*And...Metro Atlanta is not all about people wanting a house and a yard in the suburbs...not anymore.

[J2rescue]

Originally Posted by BringBackCobain

You are wrong about AS. The apartments were charging expensive market rates, but were also required to offer section 8. Thus, you had normal income people living with the section 8 people, and all the negativity associated with them (loud, noise, crime, drugs). Those normal people have since moved out, and those apartments cannot get anyone to rent the market units, so they have had to lower rents, inviting more low income people to live there.

I am not against TADs. I am only against thier use to require affordable housing in a city that has an excess of supply. Want affordable? Move to an emerging area. It is not a god given right, or constitutional right, for a lower income person to be able to live in a new development.

Are these examples of the lowered rental rates you're referring to?

Heres a list of availabilty at Atlantic Station showing the unit #, square footage, beds/bath, and rent.

Icon



2053 NowB4a - 1292 - 2/2 - $1,705
1026 NowTH C1 - 1486 - 2/2.5 - $1,835
4033 NowA5 - 1015 - 1/1 - $1,600
2017 NowA3 - 920 - 1/1 - $1,200
2060 NowB4a - 1292 - 2/2 - $1,590

Park District

3123 NowA4 - 998 - 1/1 - $1,315
5101 NowTownhome - 1449 - 2/2 - $1,835
2405 NowA3 - 964 - 1/1 - $1,225

[Crazy Virgo Child]

Originally Posted by BringBackCobain

Yes, I do. I do not think you notice how they are being used to push a political agenda.



Did I say otherwise? The problem is a lot of these apartments are in gentrifying areas, and the median household income is still quite low. Therefore, you do not have to earn that much to get one, and often you can be on section 8 and still afford one. The problem is these new investments add nothing to the emerging areas, they simply replace old low class apartments with new ones.



You are wrong about AS. The apartments were charging expensive market rates, but were also required to offer section 8. Thus, you had normal income people living with the section 8 people, and all the negativity associated with them (loud, noise, crime, drugs). Those normal people have since moved out, and those apartments cannot get anyone to rent the market units, so they have had to lower rents, inviting more low income people to live there.

I am not against TADs. I am only against thier use to require affordable housing in a city that has an excess of supply. Want affordable? Move to an emerging area. It is not a god given right, or constitutional right, for a lower income person to be able to live in a new development.

Atlanta needs more middle class housing. This city is so poor, obviously we do not need more subsidized housing.

^^^

Dude are you sure they lowered the rental rates for the buildings in Atlantic Station? Or are you assuming that because when you drive by you see faces that look different from your own? AS is still quite expensive and most of the residents there that you "think" are section 8 probably have more money than you and are more than likely paying full market value. AS is chock full of people who work in the music industry, professional athletes, and young professionals, and the last time I checked the rents in AS were still well above $1000 for most units in and around AS