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buried_lede OP t1_j3jnlfk wrote

Yeah, that’s the prevailing wisdom, but they could provide more and didn’t .

New haven has added something like a thousand units of market rate housing in the last three years and prices have not come down. So much for granola theories

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johnsonutah t1_j3k41d5 wrote

That just means the city is actually improving and attracting additional demand. That’s a good thing.

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Crafty-Cauliflower-6 t1_j3kbj4s wrote

That's horrible if you rent here. You need to make 80-100 k to not have roommates here. Unless you get assistance.

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johnsonutah t1_j3kd8y6 wrote

Most people who live in a city live with roommates. It’s that way in most cities across the country (or at least, any safe cities with meaningful population and jobs density).

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Crafty-Cauliflower-6 t1_j3kdwez wrote

And that's good because

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johnsonutah t1_j3qnpyt wrote

That’s reality in any remotely desirable city. No amount of designated affordable housing will change that.

New Haven needs to focus on developing mixed use areas and public transit asap. It’s CT’s best shot at having a really solid city

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OpelSmith t1_j3mjn5i wrote

Yeah the rent is crazy here. But less units units are not going to fix that. We have an vacancy rate of 2% in the metro, it's the 2nd or 3rd lowest in the country. There are no tenant rights at a <2% vacancy rate

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buried_lede OP t1_j3ntt1z wrote

Why is this comment being downvoted? Is it a sin to confess it’s hard to pay the rent?

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buried_lede OP t1_j3kzbki wrote

The median income is $24 k / $44k household in new haven. And over 20-percent poverty rate. Those numbers are about five years old, pay is probably higher now but not tons

Edit: more recent numbers. As of 2021, $29 k individual, $48k household, median incomes for New Haven per US Census

(And this comment downvoted too. Lol. Don’t talk, I get it. I’m not supposed to talk about this)

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Crafty-Cauliflower-6 t1_j3lcnch wrote

Average rent in New haven is ????

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buried_lede OP t1_j3lgzb8 wrote

Around $2000

Edit: Another source says it is $1500

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buried_lede OP t1_j3lichi wrote

Why is this being downvoted?

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Crafty-Cauliflower-6 t1_j3m7u5j wrote

After tax rent is what percent of the average salary?

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buried_lede OP t1_j3mtepi wrote

After tax? Maybe say what you are thinking about. New haven is expensive and income is low comparatively, so, it’s a really tough situation. Plus it became expensive really quickly, which makes for sticker shock for residents. The vast majority of new haven residents are renters

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buried_lede OP t1_j3mtt4f wrote

I mean, after tax is an even higher percentage, obviously. It’s unsustainable. I posted the median income for New Haven- you can do the math. It’s dire. When a 1 br is almost 100- percent of gross median income, lol

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OpelSmith t1_j3mjug2 wrote

We've added like 5,000 people since the last census. These people mostly still would have come here with 1,000 less units otherwise. The rent situation could be way worse

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buried_lede OP t1_j3nu7u2 wrote

There is too little housing of every type - there is no arguing there, single families, 2-3 families, apartment complexes. There isn’t a category in the state that isn’t far short of demand.

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buried_lede OP t1_j4s6bqa wrote

I couldn’t find a solid report on number of new units after a quick look ( I’m sure there is one somewhere) but just skimming news articles, 1000 is low, it looks more like 1000 a year

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