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sarah1nicole t1_j7mio5j wrote

Reply to comment by Aeschere06 in These housing numbers are insane. In some towns the cost to buy a house is 10x the average salary. by LopsidedWafer3269

and yet more and more "market level" luxury condos are popping up..

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we r being pushed out by med/tech ppl from other states who can't quite afford boston but they can sure as hell spend $3k a month to live in...worcester.

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NativeMasshole t1_j7mnezl wrote

Yup. City has an average income of like $28k individual and under $60k family at the last cencus. Average rent is now creeping up towards $2k.

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PhiloBlackCardinal t1_j7qytsb wrote

You’re being pushed out by the communities that don’t allow affordable housing to be built because it’ll unattractive “undesirables”. Building companies don’t want to keep building high income housing, profit margins are about the same with the added negative that luxury housing is extremely feeble in economic crisis situations. The problem is that hardly any community in the state wants to allow builders to build affordable housing. The demand is so high for affordable housing here, builders have been licking their chops for years to get in on it. Beyond that, the market is way over saturated for luxury housing at the moment.

Tech people moving to Worcester is a symptom of the bigger issue, not the cause of the issue.

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sarah1nicole t1_j8kadf0 wrote

you typed all that and u could have just said capitalism / for profit housing.......

i never said tech ppl CAUSED anything. but that's one large group of ppl moving here that aren't from here. don't misconstrue.

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PhiloBlackCardinal t1_j8kdjle wrote

There are more people leaving this state than moving here. No influx of any group is pushing you out. It’s for profit housing/NIMBYism that failed to meet the demand of the the large group of millennials entering the housing market. There’s absolutely 0 reason to point the finger at tech people when migration to this state is negative. They aren’t raising or lowering your housing prices. With or without the tech industry, housing would be an issue. The “large group” you are referring to are Millennials, the largest generation group in the US, coming of age.

Millennials are the second largest generation ever, and adding them to a housing market which was already precarious for Gen X has absolutely fucked the housing market in states that don’t have much unincorporated land left. Massachusetts has no unincorporated land remaining.

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sarah1nicole t1_j9luxab wrote

I never BLAMED tech people. You r clearly looking for a reason to b offended.

and as far as ur stats go - I never said anything about the state im talking about Worcester. we r being inundated but im sure ur stats prove otherwise... what r your sources? what sources are tracking people renting in worcester? would love to know.....

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