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hindermore t1_jaa0e32 wrote

People: We need more housing options that are available and affordable.

Devs build 44 units that run below average rental prices

People: Not like that!


FaustusC t1_jaaevdd wrote

If they build 44 and immediately 44 people move here to work for them from Other states, they've added exactly 0 options to the local housing market. Hell, if even two thirds are taken up by transplants, all we've done is ensured that the fight will be even harder when these people decide to size up and find out everything below $2,000 is basically unobtainable unless you're literally the perfect candidate.


the_nobodys t1_jaal7v2 wrote

Aside from the fact that it's a ridiculous supposition that the units would be filled with people from "Other states," what is wrong with people from other states exactly? What is with this fever pitched rhetoric on this sub about "outsiders" gaining residence in NH? It's so fricking elitist.


FaustusC t1_jaam9ir wrote

New Hampshire has a 0.5% vacancy rate at any given time. We were one of the most affordable states to live in. Rents have increased by 32% on average in the state.

If the people here can't afford to stay here, they don't even really have anywhere left to go now.

Downvote all you want. Those are facts.


GraniteGeekNH OP t1_jaajqqj wrote

Why do you assume they'll be taken up by transplants, any more than any other type of apartment or housing?


FaustusC t1_jaar6p7 wrote


Well, for starters let's do some Math. See here NH's official statistics on housing by type.

EDIT i fixed my math because I included manufactured homes which are traditionally single family. If we remove all single family (not the most accurate because there IS rental single family but this is the closest option I have access to) and simply factor in multi unit dwellings, we're left with (by unit count), for the entire state, 198,471 Apartments at any given time.

Now, per this source, At any time We have 0.5% of our apartments available as rentals. Which, means, assuming or original State sponsored figure is accurate or, yah know, close enough, at any given time here we have 992 apartments to rent in a state of 1,100,000 people. Nice.

And if we further explore this, New Hampshire maintains consistent population growth through internal and external migrations. Basically, more people move here than leave here. To the tune of 6,000+ a year.

And finally. Assachusetts ranked (shockingly) was rated as the 7th most fled from State in the union. They lost 57,000 bodies alone between 2021 and 2022. One of their data sources is a moving compamy that helpfully sources What percentage of moves were incoming and outgoing. They also offer income data, which is neat if you're interested.

And finally, according to NHPR there was just about 4,700 homeless individuals and families in the granite state. Which means if just 1/3rd are actively seeking housing at any given time, that 1600 people within the state need immediate shelter and are actively competing for the 1,168 units that are potentially available for the year.

So why do I assume these would be taken over by transplants? It's simple math. If 1600 NH people and 6,000 new bodies applied, just by odds alone, those places are almost 5x as likely to be occupied by someone from out of state. That's not factoring in Anecdotal experience of living on the seacoast and looking for a new rental recently. Does that answer your question?