Submitted by buried_lede t3_106z704 in newhaven
OpelSmith t1_j3jkfkv wrote
I mean, you can build a 174 unit complex that is 100% affordable if you want. I'm happy that there us 174 more units coming onto an almost non existent market and that there are now 34 more subsidized places
RedditZhangHao t1_j3jq3dc wrote
Reading the OP’s linked New Haven Register article, the plans for the development also include a new grocery store, day care center, etc. More housing with additional services in the lower Dixwell neighborhood appears positive.
Crafty-Cauliflower-6 t1_j3kbech wrote
It's not.
buried_lede OP t1_j3jnlfk wrote
Yeah, that’s the prevailing wisdom, but they could provide more and didn’t .
New haven has added something like a thousand units of market rate housing in the last three years and prices have not come down. So much for granola theories
johnsonutah t1_j3k41d5 wrote
That just means the city is actually improving and attracting additional demand. That’s a good thing.
Crafty-Cauliflower-6 t1_j3kbj4s wrote
That's horrible if you rent here. You need to make 80-100 k to not have roommates here. Unless you get assistance.
johnsonutah t1_j3kd8y6 wrote
Most people who live in a city live with roommates. It’s that way in most cities across the country (or at least, any safe cities with meaningful population and jobs density).
Crafty-Cauliflower-6 t1_j3kdwez wrote
And that's good because
johnsonutah t1_j3qnpyt wrote
That’s reality in any remotely desirable city. No amount of designated affordable housing will change that.
New Haven needs to focus on developing mixed use areas and public transit asap. It’s CT’s best shot at having a really solid city
OpelSmith t1_j3mjn5i wrote
Yeah the rent is crazy here. But less units units are not going to fix that. We have an vacancy rate of 2% in the metro, it's the 2nd or 3rd lowest in the country. There are no tenant rights at a <2% vacancy rate
Crafty-Cauliflower-6 t1_j3n1kd6 wrote
We need like 20,000 more apartments to bring prices down
buried_lede OP t1_j3ntt1z wrote
Why is this comment being downvoted? Is it a sin to confess it’s hard to pay the rent?
buried_lede OP t1_j3kzbki wrote
The median income is $24 k / $44k household in new haven. And over 20-percent poverty rate. Those numbers are about five years old, pay is probably higher now but not tons
Edit: more recent numbers. As of 2021, $29 k individual, $48k household, median incomes for New Haven per US Census
(And this comment downvoted too. Lol. Don’t talk, I get it. I’m not supposed to talk about this)
Crafty-Cauliflower-6 t1_j3lcnch wrote
Average rent in New haven is ????
buried_lede OP t1_j3lgzb8 wrote
Around $2000
Edit: Another source says it is $1500
buried_lede OP t1_j3lichi wrote
Why is this being downvoted?
Crafty-Cauliflower-6 t1_j3m7u5j wrote
After tax rent is what percent of the average salary?
buried_lede OP t1_j3mtepi wrote
After tax? Maybe say what you are thinking about. New haven is expensive and income is low comparatively, so, it’s a really tough situation. Plus it became expensive really quickly, which makes for sticker shock for residents. The vast majority of new haven residents are renters
buried_lede OP t1_j3mtt4f wrote
I mean, after tax is an even higher percentage, obviously. It’s unsustainable. I posted the median income for New Haven- you can do the math. It’s dire. When a 1 br is almost 100- percent of gross median income, lol
OpelSmith t1_j3mjug2 wrote
We've added like 5,000 people since the last census. These people mostly still would have come here with 1,000 less units otherwise. The rent situation could be way worse
buried_lede OP t1_j3n05uk wrote
True.
buried_lede OP t1_j3nu7u2 wrote
There is too little housing of every type - there is no arguing there, single families, 2-3 families, apartment complexes. There isn’t a category in the state that isn’t far short of demand.
buried_lede OP t1_j4s6bqa wrote
I couldn’t find a solid report on number of new units after a quick look ( I’m sure there is one somewhere) but just skimming news articles, 1000 is low, it looks more like 1000 a year
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