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How to create affordable housing exactly where we need it


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#41 VicHockeyFan

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Posted 05 October 2017 - 04:58 PM

You must have missed my architectural diagrams, perhaps they seemed too slick for you.  Townside Manor loses zero parking stalls.  My housing is elevated over their parking lot, they park under us.  See the red car, bottom right?  It is a resident of Townside.

 

screenshot-cdn.shopify.com-2017-10-05-11-12-19-840.png

 

And the owner of Townside Manor is rewarded handsomely by the developer of my building.


Edited by VicHockeyFan, 05 October 2017 - 05:13 PM.

<p><span style="font-size:12px;"><em><span style="color:rgb(40,40,40);font-family:helvetica, arial, sans-serif;">"I don’t need a middle person in my pizza slice transaction" <strong>- zoomer, April 17, 2018</strong></span></em></span>

#42 aastra

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Posted 05 October 2017 - 05:12 PM

For the record, that aspect was always perfectly clear.



#43 Nparker

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Posted 05 October 2017 - 05:28 PM

...And the owner of Townside Manor is rewarded handsomely by the developer of my building.

Using the funds from all the "affordable" housing?


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#44 VicHockeyFan

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Posted 05 October 2017 - 05:39 PM

Using the funds from all the "affordable" housing?

 

I'm not sure if you follow, but the developer of the new building has been given "free" land.  Free dirt from the City and some "air rights" from the Townside owner.  When you have free dirt your rental project can be very lucrative, even at low rents.

 

The Townside owner does not even demand much, since his tenants even now have the benefit of covered parking they did not have before.

 

This thing is ALL WINS.


Edited by VicHockeyFan, 05 October 2017 - 05:41 PM.

<p><span style="font-size:12px;"><em><span style="color:rgb(40,40,40);font-family:helvetica, arial, sans-serif;">"I don’t need a middle person in my pizza slice transaction" <strong>- zoomer, April 17, 2018</strong></span></em></span>

#45 Nparker

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Posted 05 October 2017 - 06:00 PM

....This thing is ALL WINS.

Except perhaps for the residents who are living in tiny, poorly built hovels and being charged market rates.



#46 Sparky

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Posted 05 October 2017 - 06:11 PM

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#47 VicHockeyFan

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Posted 05 October 2017 - 06:13 PM

Except perhaps for the residents who are living in tiny, poorly built hovels and being charged market rates.

 

They will only live there if they feel it's good value.  That's the key.  Market rents means willing buyer (renter)/seller(landlord).  It's not poorly built, it's very nice quality.

 

Nparker I know you work for the government, where your salary is paid by us taxpayers and is not at all tied to the value of the work you produce (high or low), so it's hard for you to understand a totally free market with willing buyers and sellers.  But this is it.


Edited by VicHockeyFan, 05 October 2017 - 06:16 PM.

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<p><span style="font-size:12px;"><em><span style="color:rgb(40,40,40);font-family:helvetica, arial, sans-serif;">"I don’t need a middle person in my pizza slice transaction" <strong>- zoomer, April 17, 2018</strong></span></em></span>

#48 LJ

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Posted 05 October 2017 - 07:34 PM

@VHF - What is the name of your architect? He/she does awesome work, almost brings the drawing to life.


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Life's a journey......so roll down the window and enjoy the breeze.

#49 LJ

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Posted 05 October 2017 - 07:37 PM

What we need are "The Projects", then we will know we are in the big leagues.

 


Life's a journey......so roll down the window and enjoy the breeze.

#50 VicHockeyFan

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Posted 05 October 2017 - 07:45 PM

@VHF - What is the name of your architect? He/she does awesome work, almost brings the drawing to life.

 

I'd say, but they are very busy with work now and do not need the referral.


<p><span style="font-size:12px;"><em><span style="color:rgb(40,40,40);font-family:helvetica, arial, sans-serif;">"I don’t need a middle person in my pizza slice transaction" <strong>- zoomer, April 17, 2018</strong></span></em></span>

#51 FirstTimeHomeCrier

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Posted 06 October 2017 - 11:52 AM

How much do you think a 195 sq. ft. unit will rent for, if we had, say, 1,000 of them available?  I'd say $400 to $500 at best.  These can be built.

 

(The Dominion Rocket has a 195-sq. ft unit.)

 

Not everyone who needs affordable housing is single and/or childless.



#52 VicHockeyFan

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Posted 06 October 2017 - 11:55 AM

Not everyone who needs affordable housing is single and/or childless.

 

I can't solve all the problems.  I'm just trying to get people off the streets.  Almost all of them are single and/or childless.


<p><span style="font-size:12px;"><em><span style="color:rgb(40,40,40);font-family:helvetica, arial, sans-serif;">"I don’t need a middle person in my pizza slice transaction" <strong>- zoomer, April 17, 2018</strong></span></em></span>

#53 Mattjvd

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Posted 06 October 2017 - 11:56 AM

Not everyone who needs affordable housing is single and/or childless.


You're absolutely right, but adding units like these would likely easy the supply issue on the low(price) end of the market in general.

 



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