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Old 04-24-2017, 12:45 AM
 
1,188 posts, read 959,213 times
Reputation: 1598

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Does anyone else think that livability is becoming a huge problem in America? The good jobs are increasingly located in super expensive, crowded cities. Suburbs have been so poorly planned that they don't have room for the next generation of would-be families and don't have good systems of commuting to the cities. Do we want America to become like Japan and South Korea? I always thought that one of the reasons the American standard of living was the envy of the world is because we were able to make use of all this space we took from the Native Americans. I'm not seeing many new highways and neighborhoods spring up. All I'm seeing is prices of existing nice neighborhoods go up to crazy levels. And you guys on the East Coast who think that cities like Boston and Washington D.C. are expensive are living on a totally different plane of expensiveness than us here on the West Coast.
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Old 04-24-2017, 01:06 AM
 
34,279 posts, read 19,375,883 times
Reputation: 17261
livability is good. Affordability....not so much. I make...good money. Really good money. But I am in the top 20% in my city. And even then its hard at times. For those only making 40-50K, its REALLY tough, and the minimum wage people are just...yeah.

I don't see how this is something thats workable for long term, something has got to give.
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Old 04-24-2017, 05:14 AM
 
Location: OH->FL->NJ
17,005 posts, read 12,595,161 times
Reputation: 8925
It may just lead to another crash. Probably not as bad as 2008 there is less leverage but any crash is bad.

House price >5x median income is bad.

What Greywar said. I make at about the 75 percentile and Im working class here in west Jersey. Id kill for the same money and a job in Indy or Cincy.
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Old 04-24-2017, 06:56 AM
 
Location: Central Mexico and Central Florida
7,150 posts, read 4,906,179 times
Reputation: 10444
Housing in many areas is in a bubble, set for a pop. Won't be as bad as last time, but won't be pretty.

The stock market is oversold, too. If tax reform gets delayed a year (and it's looking that way), the stock market may take a large beating.

President Bonkers and his Clan will blame any negative news on Hillary and Obama.
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Old 04-24-2017, 07:05 AM
 
Location: The Republic of Texas
78,863 posts, read 46,634,918 times
Reputation: 18521
Quote:
Originally Posted by dothetwist View Post
Housing in many areas is in a bubble, set for a pop. Won't be as bad as last time, but won't be pretty.

The stock market is oversold, too. If tax reform gets delayed a year (and it's looking that way), the stock market may take a large beating.

President Bonkers and his Clan will blame any negative news on Hillary and Obama.


It's Bush's fault.
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Old 04-24-2017, 07:15 AM
 
Location: Austin
15,637 posts, read 10,393,078 times
Reputation: 19541
I think some people have a distorted view of the past. Housing in the most desirable areas of the city was never cheap or affordable. The further from the city, the less expensive the housing.

I agree with you that public transportation is sorely lacking, but this is a local issue. In my city, for example, the mayor has pushed and funded millions of taxpayer dollars to put in bike lanes instead of expanding bus lines. The bike people who ride for leisure in $400 bike outfits on $10,000 bikes are very vocal in city government and the people who really need more affordable transportation are too busy working to support their families to spend time lobbying the city.

Last edited by texan2yankee; 04-24-2017 at 07:27 AM..
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Old 04-24-2017, 07:22 AM
 
Location: The Republic of Texas
78,863 posts, read 46,634,918 times
Reputation: 18521
Quote:
Originally Posted by texan2yankee View Post
I think some people have a distorted view of the past. Housing in the most desirable areas of the city was never cheap or affordable. The further from the city, the less expensive the housing.

I agree with you that public transportation is sorely lacking, but this is a local issue. In my city, the mayor has pushed and funded millions of taxpayer dollars to put in bike lanes instead of expanding bus lines. The bike people who ride for leisure in $400 bike outfits on $10,000 bikes are very vocal in city government and the people who really need more affordable transportation are too busy working to support their families to spend time lobbying the city.

That's because Adler is an avid bike rider. Doesn't he bike to work?
So, his priorities are beautification and CodeNext/Agenda 21, instead of infrastructure.
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