roundabout_now t1_jadzkb2 wrote on February 28, 2023 at 7:23 PM

Reply to comment by nikedude in Made in Connecticut: ASML in Wilton is one of the largest semiconductor companies in the world by jaydecay123

Big push for affordable housing in Wilton. Some buildings in progress. Also, average technician salary is $65,000, with some paying as high as $120,000.

nikedude t1_jae3tal wrote on February 28, 2023 at 7:50 PM

The median home price in Wilton today is $860k. That's a ~$6k/mo ($72k/yr) mortgage + tax payment today. I would say a $250k household income would be the low end of realistically being able to safely afford that.

Westport, New Canaan, Ridgefield, Weston or Redding probably don't offer much reprieve either. Norwalk would be the only realistic housing option for someone making $60k to live in a bordering town

40z2freedumb t1_jaek9dm wrote on February 28, 2023 at 9:35 PM

Dont most people commute?

nikedude t1_jaemm34 wrote on February 28, 2023 at 9:50 PM

Yea, but it's a crappy commute from almost anywhere. Stuck on single lane Rt 7 from the north, or 95/parkway traffic from the east/west.

All I was trying to say with my original comment is they would be able to grow significantly bigger within the state if they were located more centrally to commute to. Middletown/Cromwell or up by Bradley

Few-Information7570 t1_jaenet2 wrote on February 28, 2023 at 9:56 PM

There’s 106. Also a lot of back roads from 33. So it’s not just route 7.

CANOODLING_SOCIOPATH t1_jaen8yl wrote on February 28, 2023 at 9:54 PM

Wilton is building some housing, which is good, but the town government of Wilton is notoriously anti-growth and anti-more homes.

90% of the land in Wilton requires that homeowners have at least 2 acres of land for each home. They also have been blocking the expansion of their sewer system to allow for denser developments near their train stations, even when developers are willing to pay the entire cost of extending that sewer line.

Wilton doesn’t simply need “affordable” housing, but housing for the people that ASML is hiring without those employees needing to displace current residents in order to move in. Developers desperately want to build these homes and can make a big profit by building them. But Wilton blocks them, so new ASML hires either need to displace current residents (driving up rents and home prices) or make excessively long commutes making traffic worse for everyone.