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Re: "Jersey City mayor would build more housing for gentrifiers, call it ‘affordable’"
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RichMauro wrote:
In the end the only ones making out are the landlords--large or small. House always wins.


Only true in a regulated market that interferes with supply meeting demand. In cities without regs that limit supply, there is no cage match between landlords and tenants. There's enough vacancies that tenants can vote with their feet.

Posted on: 5/23 17:56
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Re: "Jersey City mayor would build more housing for gentrifiers, call it ‘affordable’"
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In the end the only ones making out are the landlords--large or small. House always wins.

Posted on: 5/23 17:23
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Re: "Jersey City mayor would build more housing for gentrifiers, call it ‘affordable’"
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MDM wrote:
With most of city zoned for R-1 Bayonne Boxes, where will the "affordable" housing go?


Exactly this. When the zoning requires low density, you cannot build the density required to meet market demand. 70 years ago 100k more people lived in JC when the Waterfront was all railyards and docks. They lived more densely than the 2 people in 1500 sq ft that our zoning encourages. I have couples living in 500 ft units, but those could not be built today.

Now, every time someone wants to build densely, hysteria ensues. There's a modest 4 floor 21 unit development being designed for 36-42 Waverly that has the NA all in a twist, even though it looks like it has parking and is a floor shorter than the adjacent building on the corner.

Posted on: 5/23 17:06
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Re: "Jersey City mayor would build more housing for gentrifiers, call it ‘affordable’"
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In 2018, taxpayers forked over $909 million to the city, school and county. The only way to have affordable housing is the push the responsibility of taxes from one group on to another group. The other way is to cut spending, but that is not going to happened. The city should be honest and tell taxpayers what it would cost residents on their next tax bill what affordable housing will cost them. Nothing is free, someone will pay the expense.

Posted on: 5/23 15:51
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Re: "Jersey City mayor would build more housing for gentrifiers, call it ‘affordable’"
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how can I get one of these affordable apartments

Posted on: 5/22 22:15
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Re: "Jersey City mayor would build more housing for gentrifiers, call it ‘affordable’"
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That chart you referenced is what I figured the incomes to be. However I was about to rent an apartment to someone who backed out at the last min. She told me that making $125k per yr qualified her for moderate housing in a new tower opening in JSQ. She got a reduction making her rent $1700 for a 1 bed.

Posted on: 5/22 20:33
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Re: "Jersey City mayor would build more housing for gentrifiers, call it ‘affordable’"
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The STATE OF NJ decides what qualifies as affordable. Not Fulop. So yes, if you have a 6-person household you can, under certain limits, qualify for affordable housing if you make $100k. This article neglected to mention that 6-person requirement. A more likely downtown family is going to be 2 or 3 people, with limits in the $70-$80k range, which - let's be real - a two person household in NJ making $70k isn't destitute but certainly isn't on the high end of the income spectrum.

Here's the chart:
https://www.nj.gov/dca/affiliates/coah/reports/incomelimits.pdf

Posted on: 5/22 20:07
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Re: "Jersey City mayor would build more housing for gentrifiers, call it ‘affordable’"
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With most of city zoned for R-1 Bayonne Boxes, where will the "affordable" housing go?

Posted on: 5/22 20:04
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"Jersey City mayor would build more housing for gentrifiers, call it ‘affordable’"
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Headline alone says it all.

"Jersey City mayor would build more housing for gentrifiers, call it ‘affordable’ | Editor's"

https://www.nj.com/opinion/2019/05/jer ... affordable-editorial.html

Posted on: 5/22 19:31
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