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Old 05-17-2018, 09:51 AM
 
546 posts, read 282,475 times
Reputation: 860

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Quote:
Originally Posted by loribell38 View Post
People on LI have always been begging in so many aspects in life. We showed an apt the other day to a couple. They begged us to waive the security deposit of all things. We said good bye fast.
Long Islanders are so full of entitlement. My mother called the other day looking for money to buy food. I hung up on her. Can you believe food? Geez....
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Old 05-17-2018, 09:54 AM
 
1,366 posts, read 986,598 times
Reputation: 958
Quote:
Originally Posted by ChalkItUp View Post
Long Islanders are so full of entitlement. My mother called the other day looking for money to buy food. I hung up on her. Can you believe food? Geez....
This I actually do believe.
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Old 05-17-2018, 10:56 AM
 
Location: Nassau County
2,652 posts, read 2,452,694 times
Reputation: 1830
Quote:
Originally Posted by monstermagnet View Post
Home prices are going up...so is the poverty level. LI is home rich (and debt laden) and cash poor. If the bubble busts, it will be ugly. There is no supply because there is no buildable land (and what is there is too expensive for home builders, investors and speculators). Nimby's make sure nothing but single family homes and Walgreens get developed. Demographics changing, per capita falling. Home prices are all we've got. Some might call that a bubble.

https://www.newsday.com/long-island/...ays-1.13325091
I question any "report" from the LIA which is just a front lobbying group for contractors/companies looking to build more high density housing.
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Old 05-17-2018, 02:50 PM
 
3,788 posts, read 6,671,323 times
Reputation: 2650
Quote:
Originally Posted by hotkarl View Post
Sorry but it's expensive to live here and I need the extra money.
Agreed. Just next time you're out there panhandling, please cover up. Nobody needs to see that.
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Old 05-17-2018, 10:21 PM
 
966 posts, read 670,202 times
Reputation: 1777
Quote:
Originally Posted by markjames68 View Post
Yet at the same time Newsday says that home prices are going up and there is no supply. Both canít be true?
Why not? One has nothing to do with the other. While many people who can afford homes are having a hard time finding them because of a limited availability, there are far more people who cannot afford one. Both situations can and do exist.

Of course, look at who is holding the signs. Iím pretty sure they are not legal citizens. They shouldnít be here in the first place. And I find it disgusting that they bring there children with them all day.
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Old 05-18-2018, 09:49 AM
 
938 posts, read 489,159 times
Reputation: 1122
Quote:
Originally Posted by peconic117 View Post
I question any "report" from the LIA which is just a front lobbying group for contractors/companies looking to build more high density housing.
I'd love to see more high density housing near the LIRR stations. Tons of it. Parking garages, businesses, office buildings, young professionals. Works for me. 55+ condos and vape shops just aren't cutting it!
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Old 05-18-2018, 11:33 AM
 
Location: Nassau County
2,652 posts, read 2,452,694 times
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Originally Posted by monstermagnet View Post
I'd love to see more high density housing near the LIRR stations. Tons of it. Parking garages, businesses, office buildings, young professionals. Works for me. 55+ condos and vape shops just aren't cutting it!
I have no issues with any of the above either, and agree. I just have issues with these LIA "reports" treated like bible which are designed to scare people into approving more high density housing so the business associations funding the LIA can make millions.
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Old 05-18-2018, 02:05 PM
 
Location: Confines of the 101 Precinct
19,086 posts, read 32,666,756 times
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Quote:
Originally Posted by monstermagnet View Post
I'd love to see more high density housing near the LIRR stations. Tons of it. Parking garages, businesses, office buildings, young professionals. Works for me. 55+ condos and vape shops just aren't cutting it!
You're not gonna get any high-density housing, because the developers are going to have to price their rent too high for young professionals in order for them to break even. If they can't provide a development where a 1 bedroom is 1400 max, it's a wash. For that they'll just go kill roaches in Brooklyn, at least it's closer to work.
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Old 05-18-2018, 05:41 PM
 
Location: Inis Fada
16,685 posts, read 27,887,589 times
Reputation: 7177
Quote:
Originally Posted by SeventhFloor View Post
You're not gonna get any high-density housing, because the developers are going to have to price their rent too high for young professionals in order for them to break even. If they can't provide a development where a 1 bedroom is 1400 max, it's a wash. For that they'll just go kill roaches in Brooklyn, at least it's closer to work.
You've summed it up rather well.

Wyandanch Village, by the LIRR is the closest thing to reasonable. Rents range from $950 to $2,500. A studio is a whopping 480 sq ft.

https://www.longislandpress.com/2018...ordable-price/
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Old 05-19-2018, 06:39 AM
 
938 posts, read 489,159 times
Reputation: 1122
Quote:
Originally Posted by SeventhFloor View Post
You're not gonna get any high-density housing, because the developers are going to have to price their rent too high for young professionals in order for them to break even. If they can't provide a development where a 1 bedroom is 1400 max, it's a wash. For that they'll just go kill roaches in Brooklyn, at least it's closer to work.
This assumes they don't build enough. If they built actual high-density housing (townhouse projects are not high density housing), there'd be this thing called vacancies, which drives rents down. The actual argument is the Nimby mantra "we'll become another Queens" which is more valid and honest. It would be a tough balance. I, for one, would be fine with actual apartment buildings, big ones not 2 story max covenants near the LIRR stations. Real apartment buildings. Or condos, high rise condos. No problem. Millennials love high rise condos they can actually afford. Loft apartments, same thing...we've got so much empty industrial space, cause landlords do better taking the tax write-off than lowering the rents and can't build because of onerous zoning laws and taxes. Would it suck for many who live right near the train, yup, but it's doing fine in Arlington VA, Austin, Bethesda, MD, Raleigh Durham. Ok by me. Like cops and teachers will say when you say they make too much...hey "you made your choice." I chose to buy where there is no LIRR station. I also have zero commercial tax base or PILOTs so we pay the 3rd highest tax rate in NYS. Build away I say, apartment buildings, new roads, tunnels to China (or Connecticut), I don't care. Bring on the cranes, bring on mass transit, bring on industry, jobs and bags of fed and state money. By the time it's overbuilt, I'll be long gone. Everywhere I've lived has been better when there is a sea of development going on. LI is crumbling. Rebuild it. Nah, can't mess with that "unique suburban character," which I'm guessing means public ponzi jobs, vape shops and the explosion of halal chicken over rice trucks.
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