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catsmash t1_ixxu4uv wrote

thank god new haven has countless sudden "market rate" luxury apartment complexes absolutely no one can afford!

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No-Sun8788 OP t1_ixxu86j wrote

omg tell me about it. Who are these built for.

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Ambartenen t1_ixyfikx wrote

Chinese grad students at Yale.

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ComedianGreen7496 t1_ixyprw7 wrote

Any Yale student

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Ambartenen t1_ixyukat wrote

Not really. It’s specifically the Chinese grad students.

Around half of all yale undergrads are on full scholarship. Yeah there are your normal rich entitled fucks, but it doesn’t compare to the ultra wealthy Chinese grad students. This is a well known and discussed topic.

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maddisser101 t1_ixzre9m wrote

I think like 6-9% of UConn is international students now or something like that. They keep raising the fees for these types of undergrads and they don’t get a cent of aid either. That brings in soooo much revenue.

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No-Sun8788 OP t1_ixz4ufp wrote

That similar to where we moved from, a lot of very rich middle eastern oil and gas students bought up the luxury housing.

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raptoryzb t1_iy326yz wrote

I was wondering who was able to afford these apartments. I'm like, "damn am I really that poor in my own damn city?"

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MattFantastic t1_ixz488i wrote

This is a real dumb take. How many grad students do you think there are? Literally thousands of new units are coming onto the market every year. I can’t tell if you’re mildly racist or just full of shit trying to pretend you know things, but try to think before you just make shit up to fit whatever agenda you have.

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Ambartenen t1_ixzjzjm wrote

These apartments are being built with the Chinese grad student market very specifically in mind. Chinese grad students in the US provide 2 billion in fees alone to universities, and spend money unlike any other demographic. They are sponsored by the Chinese government and personal wealth and are free to spend insane sums of money at zero personal risk/loss.

Me relaying a fact does not make me racist. This is just one more evil of capitalism.

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SustainableNHV t1_iy3ry8w wrote

It can be frustrating when people argue against something you're not saying.

If I may reinterpret what I think you're saying, it sounds like downtown New Haven is being gentrified above the standards of the local middle-class population by wealthy foreigners, specifically students from wealthy families in China. Meanwhile, the big developers in town are actively catering to this trend, because Capitalism is gonna capitalize.

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Ambartenen t1_iy3sef8 wrote

Exactly! I said it poorly. Thank you!

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Ko_Jones t1_ixzvx76 wrote

The chinese government is currently doing a very good job of state-backed -capitalist espionage in this country. It’s amazing how efficient coorporate spying is when it’s backed by a government.

These sponsored students are the next wave of how communist China is fighting the war against the west … by the eventual stealing of trade secrets . Foreigners blend in perfectly in the tech sector and at universities so 🤷🏼 Westerners could never get away with it even if our government was to try and do the same type of state sanctioned espionage, we are at a severe disadvantage .

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MattFantastic t1_iy1mx66 wrote

Without even getting into the rest of it, there is zero possibility that these literal thousands of new apartments are all being built “very specifically” for Chinese grad students at Yale. How is this even an argument you’re trying to stick to? No, developers aren’t just putting up thousands of new apartment units across a bunch of buildings for the maybe 1000 Chinese students at Yale. Are they a factor? Sure. But come on, the numbers don’t even come close to supporting what you’re saying.

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princess-guard t1_ixzfqlg wrote

There are better ways to discuss foreign student population coming in than “all the Chinese students are taking over.” it’s xenophobic and there are better ways of tackling the housing crisis that does not involve blaming a specific race.

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catsmash t1_iy02j08 wrote

i do really cringe whenever this topic comes up simply because it CAN get very racist very fast, but the fact of the matter is that this is a thing that is happening. it's not about "chinese people", it's about a very specific thing that is happening within a very specific class group coming to US colleges from a very specific country.

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EscapeFromTexas t1_ixzzj6d wrote

Fair but when the ads are exclusively in Chinese it’s not a racist observation as much as stating facts.

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throwaway00677 t1_iy0hcej wrote

It’s all about NIMBY. Only expensive housing gets built. Cheap housing? NIMBY!!! Most Americans don’t wanna live around “poor” people which is code for black. Your own racism is keeping you a wage slave. Downvote me all day I’m just telling them truth.

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catsmash t1_iy0m8jy wrote

i certainly wasn't going to downvote this, what's with that assumption?

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throwaway00677 t1_iy0veu6 wrote

Not you personally I meant the sub in general. Most Americans are apathetic about the government taking ever increasing amounts of money and freedom from them. But when it comes to this one thing, Americans get very angry; they start to organize against any efforts to build low cost housing in their neighborhood. Look at the zoning laws and building codes. You can’t live in a trailer even if you own the land. Starter homes have effectively been outlawed by the zoning laws and building codes. Most Americans want it to stay this way.

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SovietRaptor t1_iy1y38d wrote

They are the most profitable thing to build at the moment. Just don’t ask what they will look like in 30 years.

Don’t worry! Eventually if all the apartments are high quality, the price will eventually drop enough that some low income people can afford them.

What you don’t trust entirely trickle down, supply side economics to help poor people? Don’t tell me you don’t have a shrine to Reagan in your house!

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