4 ms·

"Handful of rich, urban areas" "Rich, Urban areas" "Rich, Urban" Considering the way that "urban" became a euphemism relating to low-income inner-city Africa

"Handful of rich, urban areas" "Rich, Urban areas" "Rich, Urban" Considering the way that "urban" became a euphemism relating to low-income inner-city African Americans, I want you to stop and think about the way you're saying there's nothing wrong. Here we are, universally gentrifying anywhere there's actually jobs. We apparently dont care where people go, or if there are jobs there to be had. The regulatory scale of each instance may be local, but the effects are national, even international. Britain, Germany, the US, Canada, even France has serious problems with runaway housing rents. Even those "median income" cities cited in another comment has seen median housing rent rise by 50% in the last 15 years while wages stay flat. But since the responsibility lies with your city council, (and not, say, global international banks treating our housing as "investments" that magically never decreade in price, even after housing bubbles collapse!) this must be a local issue! But who cares about those low-income people and where they're going. Let them eat cake! Are you the kind of person who cannot understand why young people want some Socialism?

rayiner 7y ago
Not all urban areas are rich, but the housing crisis is limited to a few that are rich. If New York’s and San Francisco’s housing policies are causing rent to become unaffordable for many of their residents, those metro areas have the responsibility and the resources to fix the problem. That has nothing to do with the vast majority of the country where housing remains affordable. The idea that job growth is limited to a few high cost metro areas is a myth. Job growth in the south is very strong. From 2005-2013, California and New York underperformed in terms of job growth compared to Montana, Idaho, Texas, Utah, Oklahoma, North Carolina, etc. http://www.policymattersohio.org/wp-content/uploads/2013/04/figure4.1.png http://www.policymattersohio.org/wp-content/uploads/2013/04/... You can tell the housing crisis is a local issue because it’s not evenly distributed. America actually has some of the most affordable housing (comparing average house price to average income) out of large metro areas in the developed world: https://www.newgeography.com/content/005858-housing-affordability-and-standard-living-the-14th-annual-demographia-international-housing-affordability-survey https://www.newgeography.com/content/005858-housing-affordab.... The “socialism” angle is odd. It’s the most progressive and heavily regulated cities that are burdening their young people with unaffordable housing. The unemployment rate in Indianapolis is 3.2% (less than half the rate of Paris) and you can buy a house for just 3 times the median income. The unemployment rate in LA is 4.5% and a house costs 9 times the median income. From a housing perspective, it seems like we need more Mike Pence and less Gavin Newsom, not the other way around.

rayiner 7y ago

Not all urban areas are rich, but the housing crisis is limited to a few that are rich. If New York’s and San Francisco’s housing policies are causing rent to become unaffordable for many of their residents, those metro areas have the responsibility and the resources to fix the problem. That has nothing to do with the vast majority of the country where housing remains affordable. The idea that job growth is limited to a few high cost metro areas is a myth. Job growth in the south is very strong. From 2005-2013, California and New York underperformed in terms of job growth compared to Montana, Idaho, Texas, Utah, Oklahoma, North Carolina, etc. http://www.policymattersohio.org/wp-content/uploads/2013/04/figure4.1.png http://www.policymattersohio.org/wp-content/uploads/2013/04/... You can tell the housing crisis is a local issue because it’s not evenly distributed. America actually has some of the most affordable housing (comparing average house price to average income) out of large metro areas in the developed world: https://www.newgeography.com/content/005858-housing-affordability-and-standard-living-the-14th-annual-demographia-international-housing-affordability-survey https://www.newgeography.com/content/005858-housing-affordab.... The “socialism” angle is odd. It’s the most progressive and heavily regulated cities that are burdening their young people with unaffordable housing. The unemployment rate in Indianapolis is 3.2% (less than half the rate of Paris) and you can buy a house for just 3 times the median income. The unemployment rate in LA is 4.5% and a house costs 9 times the median income. From a housing perspective, it seems like we need more Mike Pence and less Gavin Newsom, not the other way around.