Affordable Apartment Rent In Charlotte (2013, homes, established neighborhood)

[NDL]

Originally Posted by 28079

Then why bother getting skills and holding a good paying job?

Again, we have to deal with today's realities:

Lots of college graduates are taking jobs as waitresses, waiters, etc., because of today's job market.

H1B work visa's have put a strain on many professions like Accounting, as Accountants compete with people making artificially low wages. The same can be said of software development.

Yesterday's recipe for success cannot be directly applied to today's realities.

[28079]

Originally Posted by NDL

Again, we have to deal with today's realities:

Lots of college graduates are taking jobs as waitresses, waiters, etc., because of today's job market.

H1B work visa's have put a strain on many professions like Accounting, as Accountants compete with people making artificially low wages. The same can be said of software development.

Yesterday's recipe for success cannot be directly applied to today's realities.

skills need to be continuously improved to reflect "today's reality".

No point (unless as a hobby) to get a college degree that does not provide the correct skills to get a job in demand.
Supply and demand it is an undying rule no matter of today's reality.

It bugs me to see so much misinformation given to college applicants, the counselors should be held accountable for the ignorance they spread. I see so many smart kids going to college for the sake of getting a degree with no job perspective, so sad.

The second point is lack of proper attitude to get and hold a good job, but there is a lot more to talk about that...

[NDL]

Originally Posted by 28079

skills need to be continuously improved to reflect "today's reality".

This is true of some professions, but not all.

Some people benefit by retraining themselves, to keep themselves occupationally relevant, but the practice cannot be applied across the board. There are so many niche jobs - specialties - that society can fill.

I also agree that many college graduates have poor attitudes and unrealistic expectations.

Yet the unavoidable reality is that, in any society, jobs that some consider "lowly" are essential in maintaining natural functions within society.

Yes, this is only one incident, but it's telling:

CMS says bus wheel fell off because of mechanic error | Charlotte Observer

"CMS has 126,000 students riding 1,078 buses this school year, a number that keeps growing as the district expands academic options that often require long rides. The district has struggled to find enough drivers and mechanics to meet the need. As of Wednesday, 13 of the district’s 99 positions for bus maintenance and repair remained vacant, including 10 technicians and three service truck operators."

As the cost of housing rises, so must wages. If wages don't accompany the rise in housing costs, quality suffers.

[CLT4]

There are 90 apartment buildings in Charlotte right now where the rent of a 1 bedroom, 1 bath apartment starts at less than $700 per month.

[Eristic1]

The demand for affordable housing is really a demand to be able to live alone, in a desirable part of the city.

That's called a "luxury" and it's available for the people willing to pay the premium to do so...just like owning a ferrari.

[Eristic1]

Originally Posted by CLT4

There are 90 apartment buildings in Charlotte right now where the rent of a 1 bedroom, 1 bath apartment starts at less than $700 per month.

But the "affordable housing" whiners don't want those. They want luxury accommodations at premium locales...they just don't want to pay for it.

[southbound_295]

Originally Posted by Eristic1

But the "affordable housing" whiners don't want those. They want luxury accommodations at premium locales...they just don't want to pay for it.

Affordable housing doesn't necessarily mean section 8. Even section 8 includes people who work for a living. People who look for affordable housing can include families with 2 working parents who are trying to save money to buy a house in a decent neighborhood. It can also be people who have some money saved to buy a decent house in a decent neighborhood. When builders choose to build for high end & low end, those people get lost in the shuffle. That's the real complaint.

Wages have been stagnant since the Reagan administration. I'm a boomer. I remember when bus drivers & others like them could buy decent homes & rent decent homes & apartments in working class neighborhoods & towns. those people are between a rock & a hard place now.

[Eristic1]

Originally Posted by southbound_295

Affordable housing doesn't necessarily mean section 8. Even section 8 includes people who work for a living. People who look for affordable housing can include families with 2 working parents who are trying to save money to buy a house in a decent neighborhood. It can also be people who have some money saved to buy a decent house in a decent neighborhood. When builders choose to build for high end & low end, those people get lost in the shuffle. That's the real complaint.

Wages have been stagnant since the Reagan administration. I'm a boomer. I remember when bus drivers & others like them could buy decent homes & rent decent homes & apartments in working class neighborhoods & towns. those people are between a rock & a hard place now.

"families with 2 working parents who are trying to save money to buy a house in a decent neighborhood."

It doesn't matter who makes up the family...in this case if they can afford to live in an 800 sqft house with 1hr commutes each way...then affordable housing exists for them, they just don't want it.

"When builders choose to build for high end & low end, those people get lost in the shuffle. That's the real complaint. "

That's definitely something that is happening and that is putting upward pressure on <$300k houses. But it's more than that...it's putting upward pressure on the cheaper 25% of houses in all areas, not just all price points. So that if someone is looking in the most desirable of areas there are more people going after fewer houses to the point they're essentially not available. At that point, more and more people can't afford to live in the most desirable areas...and that's fine...most people can't afford ferraris. Get yourself a used Honda instead.

"Wages have been stagnant since the Reagan administration. I'm a boomer. I remember when bus drivers & others like them could buy decent homes & rent decent homes & apartments in working class neighborhoods & towns. those people are between a rock & a hard place now."

I think we can all agree that the rich are not paying their fair share of things. For example, when Reagan took office in 1981, the top income tax bracket was over 69%, it's not even 40% now. That's something that desperately needs to be reversed.

However, it will only slightly ease the "affordable housing" complaints as more people will have more money...but the amount of desirable houses won't change much, if at all. So we'll be stuck back where we started. Fortunately, working hard, co-habitating, choosing less desirable housing, or accepting a longer commute will all still be viable strategies.

[28079]

Originally Posted by NDL

This is true of some professions, but not all.

Some people benefit by retraining themselves, to keep themselves occupationally relevant, but the practice cannot be applied across the board. There are so many niche jobs - specialties - that society can fill.

I also agree that many college graduates have poor attitudes and unrealistic expectations.

Yet the unavoidable reality is that, in any society, jobs that some consider "lowly" are essential in maintaining natural functions within society.

Yes, this is only one incident, but it's telling:

CMS says bus wheel fell off because of mechanic error | Charlotte Observer

"CMS has 126,000 students riding 1,078 buses this school year, a number that keeps growing as the district expands academic options that often require long rides. The district has struggled to find enough drivers and mechanics to meet the need. As of Wednesday, 13 of the district’s 99 positions for bus maintenance and repair remained vacant, including 10 technicians and three service truck operators."

As the cost of housing rises, so must wages. If wages don't accompany the rise in housing costs, quality suffers.

Cost of housing reflect market demand, again it is supply and demand. So since the prices are high, obviously there are plenty of renters available. No renters demand, price would drop.

As you mentioned there is a huge need for hands-on type carriers (mechanics, plumbers, electricians, etc) who could pay pretty good when compared to most "college jobs". There is nothing stopping people to start their own business (start from offering grill cleaning, yard work, etc) without upfront investment.

I think we also have a huge entitlement problem, easier to "deserve it" while doing nothing for it...

[Marv95]

Originally Posted by CLT4

There are 90 apartment buildings in Charlotte right now where the rent of a 1 bedroom, 1 bath apartment starts at less than $700 per month.

Is there a specific location or scattered about? Because on craigslist and others I'm having trouble finding studios for under $700 in city limits let alone a 1BR.