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Old 10-19-2014, 07:00 AM
 
2 posts, read 1,420 times
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Developers of lofts and new apartments in the downtown area of Omaha have worked to exclude one group of people. Namely pet owners. Most rentals do not allow pets. I guess they think their target audience is the hip urbanites with no kids (pets and human types), and who like to party. Also, no balconies or other outdoor areas for residences. Suggest that for core area development small park or neighborhood garden areas would be good use of blighted blocks. Good public transport is also key, and if there are malls/shops out further these are key areas to connect to, not only for customers but also for workers.
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Old 10-19-2014, 07:25 AM
 
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As for Detroit and Kansas City, urban sprawl happened in the 60's and 70's due to block busting. A convenient dirty little secret. Developers, real estate and lenders were in cahoots where they bought homes in solid middle class neighborhoods and then sold or rented to minorities (who could afford to live there). Said developers then went door to door spreading word of new neighbors and spread fear of dropping property values. Oh but they had a deal for you. A nice new home with special financing out in the burbs. Result was drop in property values along with tax base coupled with some corrupt politicians over the years and voila you have the right mix for collapse. Now we see redevelopers coming in and getting huge tax breaks while they charge outrageous rents. Personally, I don't see paying more than 25% of take home pay. So I guess there are either some well paid singles who can afford $1400 to $1800 for 1-2 Br apt. or they are doubling up (college dorm atmosphere).
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Old 10-19-2014, 12:06 PM
 
Location: Middleburg
906 posts, read 1,538,082 times
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Quote:
Originally Posted by MzSphalerite View Post
So I guess there are either some well paid singles who can afford $1400 to $1800 for 1-2 Br apt. or they are doubling up (college dorm atmosphere).
$1400-1800 a month isn't that much. I've done both, and overall it's far cheaper to live downtown and pay a higher rent and save in other areas. When you live in a more dense area, you can walk a few blocks to get something that would take hours and $ in a car to do in the suburbs. Renters also avoid the outrageous property taxes and insurance that go with owning a home. And most importantly, you don't settle into common suburban habits that make a person poor - keeping up with the Jonses, watching football all weekend, spending every penny on your car, etc.
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