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Old 08-03-2023, 08:07 AM
 
6,586 posts, read 4,970,443 times
Reputation: 8035

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Quote:
Originally Posted by JayCT View Post
I assume by your reaction, you agree that a four story apartment building affects what you would pay for this house. I agree.

That cute house that was there before that 8-30g building was very old (at least 150 to 200 years old) and was owned by the Borsi family. I knew the son. The parents died and the kids sold the house a couple years back. They’d be appalled if they saw this monstrosity. They took great pride in the original house. Jay
Just to be clear yes I agree that the apartment building affects the house value (in a negative way)
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Old 08-03-2023, 08:34 AM
 
Location: USA
6,899 posts, read 3,738,611 times
Reputation: 3499
Quote:
Originally Posted by WouldLoveTo View Post
Just to be clear yes I agree that the apartment building affects the house value (in a negative way)
What doesn't in that area?
so do the even uglier office buildings across the street, the highway across the street, Fed Ex and cars honking horns and peeling out everywhere. All that and yet someone still paid 4 (well below Fairifled averages) for it just 1.5 years ago.
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Old 08-03-2023, 08:43 AM
 
34,037 posts, read 17,056,322 times
Reputation: 17197
Quote:
Originally Posted by Beeker2211 View Post
Example of PNZ being out of control when it comes to affordable housing potential:

https://ctexaminer.com/2023/07/19/we...for-neighbors/



The inability for these board members to see how bad the housing crisis is in CT is just utterly astounding, nor actionable and equitable solutions coming from these types. It's absolutely disgusting.
They see it and are a huge part of the problem.
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Old 08-03-2023, 02:18 PM
 
Location: Connecticut
34,926 posts, read 56,924,455 times
Reputation: 11220
Quote:
Originally Posted by Beeker2211 View Post
Example of PNZ being out of control when it comes to affordable housing potential:

https://ctexaminer.com/2023/07/19/we...for-neighbors/



The inability for these board members to see how bad the housing crisis is in CT is just utterly astounding, nor actionable and equitable solutions coming from these types. It's absolutely disgusting.
Did you read the article and the reason? No one wants a 4 or 5 story monstrosity crammed on a small lot next to them like you see on Castle Avenue. Would you?

Not everyone lives in a neighborhood of $2-3 million homes which pretty much precludes developers from building them there. Why should the middle class neighborhoods be the only ones hurts by these truly awful developments? Why must the middle class, who likely worked hard and sacrificed to buy their homes, be the ones to have to fight like hell to stop these very bad projects?

Why don’t you see that? Can it be that you are insulated from them so you don’t care about them??? Jay
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Old 08-03-2023, 02:24 PM
 
Location: Connecticut
34,926 posts, read 56,924,455 times
Reputation: 11220
Quote:
Originally Posted by SteveM85 View Post
What doesn't in that area?
so do the even uglier office buildings across the street, the highway across the street, Fed Ex and cars honking horns and peeling out everywhere. All that and yet someone still paid 4 (well below Fairifled averages) for it just 1.5 years ago.
That office building is not directly in front of that house. There’s a nicely landscaped parking area there so it’s not that bad. I’m not sure why you think there are honking cars and peeling out there. Maybe on occasion but hardly all the time or often. Even I-95 is far away and well elevated above the house. That means the noise levels aren’t that bad there. Jay
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Old 08-03-2023, 09:34 PM
 
2,362 posts, read 2,183,879 times
Reputation: 1379
Quote:
Originally Posted by JayCT View Post
Did you read the article and the reason? No one wants a 4 or 5 story monstrosity crammed on a small lot next to them like you see on Castle Avenue. Would you?

Not everyone lives in a neighborhood of $2-3 million homes which pretty much precludes developers from building them there. Why should the middle class neighborhoods be the only ones hurts by these truly awful developments? Why must the middle class, who likely worked hard and sacrificed to buy their homes, be the ones to have to fight like hell to stop these very bad projects?

Why don’t you see that? Can it be that you are insulated from them so you don’t care about them??? Jay
Jay, reread that article... it's not a good look for the board member. That's no working class neighbourhood. That property is a two storey aging 80s style strip mall on Rt 1. Their preferred project is a golf simulator/rooftop bar. Now I love me some rooftop bars, but if that isn't a decent location to your standards of acceptable placement of an affordable or any apartment complex.

And why do you think I'm insulated?? I pass that Castle Ave complex everyday on my walk. It's no worse than the parking lot across the street (which is such an ugly use of space, far worse than any building). I'm in the thick of it. My direct neighbours, my family, friends are in the thick of it and mostly people in the area just shrug it off neither here nor there. I think the NIMBYs blew their wad when they predicted the end of days with the Judd project, and the one behind Summit, and the one across from King's Deli. KHE is as bad and good as it's ever been literally no change. (Actually remembering the "public debate" about the one near Summit was horrifying and now a few of my friends live there).

The reason why middle class gets thrown these projects is that the upper-middle class wants to keep strangling the supply of housing for their own goals... my entire issue.
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Old 08-03-2023, 10:37 PM
 
3,350 posts, read 4,167,368 times
Reputation: 1946
All of this is just rearranging the deck chairs on the titanic. We’re back to stagnant population at the state level so this just guts our cities further. What housing crisis do we have with no migration?
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Old 08-03-2023, 10:49 PM
 
34,037 posts, read 17,056,322 times
Reputation: 17197
Quote:
Originally Posted by Wilton2ParkAve View Post
All of this is just rearranging the deck chairs on the titanic. We’re back to stagnant population at the state level so this just guts our cities further. What housing crisis do we have with no migration?
Housing cost. Wage inflation is far lower, in aggregate, than housing inflation, which is putting more citizens at risk of being homeless. Behind the firewall, the Post has a nice column today on the reason battered women are returning to their abusers, and housing is the most common now.
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Old 08-04-2023, 05:12 AM
 
3,350 posts, read 4,167,368 times
Reputation: 1946
Quote:
Originally Posted by BobNJ1960 View Post
Housing cost. Wage inflation is far lower, in aggregate, than housing inflation, which is putting more citizens at risk of being homeless. Behind the firewall, the Post has a nice column today on the reason battered women are returning to their abusers, and housing is the most common now.
I hear you - but it doesn’t require incremental housing stock. We have vacant office buildings and struggling hotels (and apparently malls). Let’s start there.
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Old 08-04-2023, 05:23 AM
 
Location: USA
6,899 posts, read 3,738,611 times
Reputation: 3499
Migration? There are still bidding wars for homes and condos, one recent one I heard had 40 bidders, so looks like we still have more coming in than want to leave. These people have money though, they’re not 830g’ing.
Do Beek or JayCT know if these 830g builds are full or sitting empty?
If they’re sitting empty probably a good idea not to build more for the time being
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