Quote:
Originally Posted by verybadgnome
Let's not get carried away with the affordable mantra. The reason it costs more to live central is b/c the land is so costly and the second reason is that the supply has not kept up with demand. The land is costly because it has been bid up in the marketplace by those with deep pockets. Is it also bid up by people like me who don't have such deep pockets, but have chosen to forgo "necessities" like garages, 2nd bathrooms, dishwashers, a new car every 4 years, cable tv, gym memberships, smart phones, etc. while the lower income families down the street drive 12 mpg Suburbans.
Also what is an "affordable home?" Is that 2,000 sq. feet minimum? 2 car garage? 2nd "living space?" Large back yard? Granite counter tops and SS appliances? Does every child have to have his/her own room? An affordable home is not the same in SF as it is in Omaha and the fact that Austin prices are starting to look more like the former has to do with the demographic changes that are underway and irreversible except in the long term.
Sorry but rent control is not going to happen in Austin and even if it did the republicans in the lege would nullify it. Property tax abatement? That just means you are reducing the property tax burden on X% of the population and transferring it to the remainder. I am in favor of programs that allow homesteader to not pay the yearly bill and instead have the amount deducted from the sale of the property in the event of death or transfer of ownership. I am in support of the Mueller program with the 75/25 (or thereabouts) ownership split. The voters did send a message the last election when it came to affordable housing and it is best if the advocates of such take a different approach to the problem.
The truth is that lower income people don't buy new cars, they buy second hand cars from the middle class and above. The way to reduce prices is to increase supply of all housing types. That way the thousands of units added in 2013 at a certain price point will be the affordable housing of the future at the same price point, but when adjusted for inflation will actually be cheaper.
It is not smart to build 135 affordable units at 11th and Trinity when with the same amount of money - assuming the land could be sold off to the highest bidder - they could have built double that number of units on East Riverside past Pleasant Valley. A location with bus routes and decent walkability. The nearest grocery store is HEB whereas the nearest grocery store to 1100 trinity is Whole Foods, not exactly the best place to shop for those on a budget.
If you want to help the poor fight the ANC and their efforts to preseve obsolete zoning. Also streamline the development process at the city so that units can hit the market sooner.
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Just because the land is so costly doesn't mean that low and middle-income people shouldn't be able to live there. We all pay taxes and some of us might expect that money to help subsidize these kinds of living environments. In public-private partnerships, affordable housing can be made a requirement. If the city government owns the land, they can make stipulations in regards to the development, which I favor. The legislature is not going to get involved with that.
Just because property tax is reduced on one demographic doesn't mean it's increased on another demographic. Ultimately, I favor a progressive tax, so I do support lower taxes on lower income people. It helps them climb into a higher economic strata, thus paying more taxes eventually, so it's in the city's interest.
The voters in Austin are largely the upper to upper-middle class. That's why they voted against affordable housing. It was the result of class privilege and maybe a little bit of class resentment, both of which are present on this forum and in this discussion. So I don't care about the vote. It's wrong and we have to push forward on this initiative despite it.
This "lower income people don't buy new cars, they buy second hand cars from the middle class and above" mantra is just more trickle-down economics, which we should be beyond by now. You're confusing how things
are with how things
should be. Middle and lower income people
should be able to afford new cars and they could if their economic/living/tax circumstances were right.
This downtown vs. East Riverside thing is a false dichotomy. The city is requiring
developers to include affordable housing, not building affordable housing themselves. And, quite typically, you're advocating a sprawl mentality; "build on the edge, where it's cheaper". When people don't have an affordable place in the city to live, that's what happens; suburban sprawl. This is all very basic stuff that Andres Duany talks about in
Suburban Nation. I guess it's just getting over the class mentality that's hard; privileged people not wanting to live amongst people of different economic classes; wanting to quarantine them in some far-off place, out of an irrational, wealthist fear.
It's sad. Austin has a long way to go, politically. We have all of the social politics down, but when it comes to economics, we're still pretty right-wing.