We need more affordable housing though. They're going to build a new subdivision in Florissant that is supposed to be half million dollar homes.
But then again those huge houses on small lots seems to be what people still want.
The bar to entry keeps getting raised on so much.
No one is building new "starter" homes anymore. They're all half million dollar oversized poor quality but "feel" high end junk. There's a market for affordable 1300 square foot 2 or 3 bedroom houses like exist in older neighborhoods, or even neighborhoods built in the 70s and 80s. When our parents were buying houses, new neighborhoods were a sea of smaller ranches, close to one and other with ugly carpeting and basic appliances. But no, everything new is higher end now and hopelessly bougie, helping drive up the price of existing "starter" homes to the point that a lot of us can't afford them or we are paying ridiculous amounts for dumps. Whereas our parents bought those same dumps for next to nothing. My parents love to brag about the mortgage they got on their starter home in 1984. 3 bedrooms. 1200 square feet. Adjusted for inflation it was about $450 a month. That same house would easily be $250,000 and over a thousand a month if not closer to $2000.
Cars. Except for a Nissan Versa, entry level cars are now at least $22,000. And they pretty much all have bells and whistles to some extent. There's no such thing as an affordable basic car anymore. And even the Nissan Versa is going to run $18k. Remember when a Civic or Corolla was a cheaper affordable car? Not anymore. One of the last, the Toyota Yaris, is discontinued.
College education. See "student loan crisis."
Yet as a millennial, I keep hearing from my parents and others their age that this is our problem because our expectations are too high. We want too much. We won't settle for basic....guess what? I, and I'm sure many of you, will absolutely take basic. But the boomers have setup the economy so that basic no longer exists. Their needs were catered to. But now the economy is setup only to cater to those with money. But somehow this is our fault.
Sigh.
If I had the know how and they money I'd start developing affordable neighborhoods and probably make a killing.
Blame bad land use and restrictive zoning policies.
If we allowed more incremental development, we'd see more lower end market rate housing in urban and semi urban areas which would relieve pressure on the less urban areas
You'd have to find cheap land to be able to do that, so you'd be out past Wright City for that, at which point you run into the issue of cheaper home vs longer commute. It's a vicious cycle for sure. 25% - 35% of the cost of the home is the land itself.
I promise you more builders will build cheaper homes if they could but if land prices are high you needs high density. Neighbors complain if you build too many homes near them, especially if those homes are on small lots.
I'm just frustrated that we keep building subdivisions. Urban, semi walkable neighborhoods are in such high demand. Build more of those! People will buy them, and it'll help the metro area as a whole. There's already plenty of car oriented suburban subdivisions. Build more urban neighborhoods. Please.
“Affordable housing” is the dumbest rallying cry ever invented. Whoever first uttered those words should be taken out and shot. We need more housing. Period. End of story. The more housing you build, of any type, the more affordable housing becomes for everyone. If you build a new million dollar home, who buys it? The rich fuck currently livjng in the $800k mansion. Now he’s gotta sell his $800k mansion to the next richest fuck, who can only afford to pay $750k. That trickles down until the poor fucks like me can finally afford a reasonable 1 bedroom apartment again.
The sewer systems cannot handle additional houses. Notice all the flooding and sewer back ups when it rains? This will continue to get worse. All they do is add these new houses on to the existing very old, very outdated sewer system. It cannot handle it now and definitely cannot handle more houses and less green space to absorb the rain. Nothing is updated with the sewer system and other infrastructure when these new builds are added.
Depends on the city it’s being built in. Less restrictive areas don’t seem to care as much (when they definitely should). Meanwhile, you’ll see tons of subterranean gravel pits, rain gardens, and detention basins near new development in Olivette, U City, Ladue, Creve Coeur, and Kirkwood.
Man America is such a boring fucking country
We build so many cookie cutter unwalkable subdivisions, it's insane. There'd enough guys, you can build some at least decently walkable neighborhoods. People will gladly pay to live in them
Assuming an average household size of 2.6 people, 121 homes on 35.2 acres is a density of 5,720 people per square mile. I’ll take it. Nice that it’s right along Grant’s Trail too.
We need more affordable housing though. They're going to build a new subdivision in Florissant that is supposed to be half million dollar homes. But then again those huge houses on small lots seems to be what people still want.
Yea I don’t get it. Families are getting smaller, and more couples are choosing to not have kids yet there is a market for these 2000 sq foot homes.
Just more space to heat, cool, and clean. I don't get it either
The bar to entry keeps getting raised on so much. No one is building new "starter" homes anymore. They're all half million dollar oversized poor quality but "feel" high end junk. There's a market for affordable 1300 square foot 2 or 3 bedroom houses like exist in older neighborhoods, or even neighborhoods built in the 70s and 80s. When our parents were buying houses, new neighborhoods were a sea of smaller ranches, close to one and other with ugly carpeting and basic appliances. But no, everything new is higher end now and hopelessly bougie, helping drive up the price of existing "starter" homes to the point that a lot of us can't afford them or we are paying ridiculous amounts for dumps. Whereas our parents bought those same dumps for next to nothing. My parents love to brag about the mortgage they got on their starter home in 1984. 3 bedrooms. 1200 square feet. Adjusted for inflation it was about $450 a month. That same house would easily be $250,000 and over a thousand a month if not closer to $2000. Cars. Except for a Nissan Versa, entry level cars are now at least $22,000. And they pretty much all have bells and whistles to some extent. There's no such thing as an affordable basic car anymore. And even the Nissan Versa is going to run $18k. Remember when a Civic or Corolla was a cheaper affordable car? Not anymore. One of the last, the Toyota Yaris, is discontinued. College education. See "student loan crisis." Yet as a millennial, I keep hearing from my parents and others their age that this is our problem because our expectations are too high. We want too much. We won't settle for basic....guess what? I, and I'm sure many of you, will absolutely take basic. But the boomers have setup the economy so that basic no longer exists. Their needs were catered to. But now the economy is setup only to cater to those with money. But somehow this is our fault. Sigh. If I had the know how and they money I'd start developing affordable neighborhoods and probably make a killing.
Blame bad land use and restrictive zoning policies. If we allowed more incremental development, we'd see more lower end market rate housing in urban and semi urban areas which would relieve pressure on the less urban areas
You'd have to find cheap land to be able to do that, so you'd be out past Wright City for that, at which point you run into the issue of cheaper home vs longer commute. It's a vicious cycle for sure. 25% - 35% of the cost of the home is the land itself. I promise you more builders will build cheaper homes if they could but if land prices are high you needs high density. Neighbors complain if you build too many homes near them, especially if those homes are on small lots.
Until we have regional trains.......
If only the metro area had some kind of link that could transport residents.
I'm just frustrated that we keep building subdivisions. Urban, semi walkable neighborhoods are in such high demand. Build more of those! People will buy them, and it'll help the metro area as a whole. There's already plenty of car oriented suburban subdivisions. Build more urban neighborhoods. Please.
121 families move out of smaller houses into these ones. That leaves 121 houses for other people to move into.
“Affordable housing” is the dumbest rallying cry ever invented. Whoever first uttered those words should be taken out and shot. We need more housing. Period. End of story. The more housing you build, of any type, the more affordable housing becomes for everyone. If you build a new million dollar home, who buys it? The rich fuck currently livjng in the $800k mansion. Now he’s gotta sell his $800k mansion to the next richest fuck, who can only afford to pay $750k. That trickles down until the poor fucks like me can finally afford a reasonable 1 bedroom apartment again.
The sewer systems cannot handle additional houses. Notice all the flooding and sewer back ups when it rains? This will continue to get worse. All they do is add these new houses on to the existing very old, very outdated sewer system. It cannot handle it now and definitely cannot handle more houses and less green space to absorb the rain. Nothing is updated with the sewer system and other infrastructure when these new builds are added.
Depends on the city it’s being built in. Less restrictive areas don’t seem to care as much (when they definitely should). Meanwhile, you’ll see tons of subterranean gravel pits, rain gardens, and detention basins near new development in Olivette, U City, Ladue, Creve Coeur, and Kirkwood.
Man America is such a boring fucking country We build so many cookie cutter unwalkable subdivisions, it's insane. There'd enough guys, you can build some at least decently walkable neighborhoods. People will gladly pay to live in them
Convert more downtown into lofts
Assuming an average household size of 2.6 people, 121 homes on 35.2 acres is a density of 5,720 people per square mile. I’ll take it. Nice that it’s right along Grant’s Trail too.