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Number of Homes For Sale + Decrease Market= Changing Neighborhoods

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SweetTooth
I'm a tired mommy!

Member since 12/05

20105 total posts

Name:
Lauren

Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods

I like diversity in a neighborhood. Its this attitude why LI is one of the most segregated places in the country. I think to assume that someone less desirable is going to move in to the house across the street because the prices is a little less than it was 2 years ago is very ignorant.
If you have an illegal situation then you report it, get together with your neighbors and report it. This happened with the house next door to me. The people got kicked out and now they are fixing up the house so it can be sold.
I live in a more affordable area and there are a lot of young families moving in because now they can afford it. That includes us. We still can't afford a 400K or higher house. What the OP and others are forgetting is that even a 300K mortgage with 6,000 taxes is still over 2,000/month. "Lower class" people cannot afford that.

Posted 1/20/08 10:15 AM
 
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Candy Girl
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Member since 11/07

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erin

Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods

I grew up in an upper-class, white collar neighborhood in Brooklyn. My neighbors were judges, attorneys, surgeons, professors etc. I even had a city councilman live on the corner!

My next door neighbors were a professional couple with two kids. In the summer when the windows were open, we would hear the wife screaming obscenities and completely berating her husband and two kids....this was not one or two isolated incidents, it was a regular occurrence. I remember playing in the yard with my sisters and at first running into our house, afraid, but as we grew up, standing under the window and giggling at the "crazy" lady.

So the moral of my story is pretty obvious. It doesn't matter how much houses cost, crazy low-class people come with bank accounts of all sizes.

Posted 1/20/08 11:12 AM
 

SweetestOfPeas
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Member since 3/06

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Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods

Posted by Goobster

Posted by SweetestOfPeas

Posted by Goobster

Posted by SweetestOfPeas

houses on LI are still VERY expensive when compared to the national average.

IMO, anyone who can afford a $400K house that needs work + $8K in taxes (at LEAST) must be doing pretty well!



You are talking about a single family or couple who can afford this. Take the alternate senario.

Multiple people move into that house to split the bills....you know, a family + extended family + renting out a room or two, etc, etc,etc. Increase in congestion, vehicles, garbage, strains the school system b/c the house is not taxed as a multi family etc.

Or a homeowner who buys it as a rental and rents out rooms....

Recipe for poor property values right there.

if I had a neighbor like that, I would call the cops. that's illegal.



It's not illegal when the cops/bldg dept comes and you have "family" living with you. No one can tell you how many "family" members can be living in your home. So there are ways around it for someone who wants to do something like this.

So this goes back to the OP's concern...

that's not true. it's a fire hazard to have more than X number of ppl living in a house. I'm sure nothing would be done the 1st or even 2nd time the cops are called, but if this were a situation where the extended family actually lived there, the cops would be called on a reg basis. there have been incidents like this in Farmingville and the people were evicted.

Posted 1/20/08 11:28 AM
 

Chatham-Chick
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Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods

The OP's post is not about opposing diversity or social class, it's about home value.

Maybe the OP is concerned about rentals to illegal immigrants.

There are a number of neighborhoods on LI where people could buy affordable homes for under 300K and get the diversity they're such proponents for, but yet they opt to move to different neighborhoods. Why is that?

Message edited 1/20/2008 11:38:24 AM.

Posted 1/20/08 11:35 AM
 

Chatham-Chick
*********************

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Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods

Posted by SweetestOfPeas
that's not true. it's a fire hazard to have more than X number of ppl living in a house. I'm sure nothing would be done the 1st or even 2nd time the cops are called, but if this were a situation where the extended family actually lived there, the cops would be called on a reg basis. there have been incidents like this in Farmingville and the people were evicted.




Let's be realistic, there are plenty of homes housing illegal immigrants that exceed fire code on Long Island. Do you truly believe the cops are unaware of them? Do you think they're going to evict all of them?

Posted 1/20/08 11:38 AM
 

Goobster
:)

Member since 5/07

27557 total posts

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:)

Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods

Posted by SweetestOfPeas


that's not true. it's a fire hazard to have more than X number of ppl living in a house. I'm sure nothing would be done the 1st or even 2nd time the cops are called, but if this were a situation where the extended family actually lived there, the cops would be called on a reg basis. there have been incidents like this in Farmingville and the people were evicted.


If you don't have illegal plumbing or kitchens or bathrooms, how can the bldg dept tell you how many "cousins" or family members in general can live with you? What can they get you on when you own the home, you pay the taxes? Just as no one can tell you how many cars you can have on a particular street (aside of parking regulations in some areas), I would think if you are not breaking bldg codes you cannot be penalized.

I would love if what you say is true, but I just don't think LI is strict enough about these situations, hence the downfall of some towns. Even still, who wants to live like that, having to fight these sort of issues? That is exactly why the OP worries, b/c it does effect the quality of life and property value. It could take a LONG time to get these matters resolved, if ever and in the meantime, your property value is affected when this spirals around you. And you could certainly get stuck with your home, or not make the $ back you put in. In addition, as this all spirals and gets more common, the school system starts declining and then there really goes your property value (in LI, we all know SD is strongly correlated with property value).

And THAT is how I interpret the OP's concerns, wondering if she should get out now, b/c maybe where she lives this seems to be coming down the road.

Message edited 1/20/2008 11:57:29 AM.

Posted 1/20/08 11:38 AM
 

justthe4ofus
I hate hypocrites!!!!!

Member since 5/05

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Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods

i have seen a change. More YOUNG families. More young families are moving onto my block. When my DH and I moved in almost 5 years ago we were the youngest couple on the block but now there are several of us and we are all having young babies. It's the evolution of a neighborhood. It's changing and I am liking it. Chat Icon

Posted 1/20/08 11:58 AM
 

Goobster
:)

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:)

Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods

Posted by Jamie

i have seen a change. More YOUNG families. More young families are moving onto my block. When my DH and I moved in almost 5 years ago we were the youngest couple on the block but now there are several of us and we are all having young babies. It's the evolution of a neighborhood. It's changing and I am liking it. Chat Icon



That is a good thing. That shows improvement of a neighborhood, not decline. OP is worried about her area changing, and NOT being desirable to young families looking to purchase a home.

Message edited 1/22/2008 1:16:14 PM.

Posted 1/20/08 12:00 PM
 

curliegirl
He's here!!!!

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Gina

Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods

Posted by SweetestOfPeas

Posted by Goobster

Posted by SweetestOfPeas

Posted by Goobster

Posted by SweetestOfPeas

houses on LI are still VERY expensive when compared to the national average.

IMO, anyone who can afford a $400K house that needs work + $8K in taxes (at LEAST) must be doing pretty well!



You are talking about a single family or couple who can afford this. Take the alternate senario.

Multiple people move into that house to split the bills....you know, a family + extended family + renting out a room or two, etc, etc,etc. Increase in congestion, vehicles, garbage, strains the school system b/c the house is not taxed as a multi family etc.

Or a homeowner who buys it as a rental and rents out rooms....

Recipe for poor property values right there.

if I had a neighbor like that, I would call the cops. that's illegal.



It's not illegal when the cops/bldg dept comes and you have "family" living with you. No one can tell you how many "family" members can be living in your home. So there are ways around it for someone who wants to do something like this.

So this goes back to the OP's concern...

that's not true. it's a fire hazard to have more than X number of ppl living in a house. I'm sure nothing would be done the 1st or even 2nd time the cops are called, but if this were a situation where the extended family actually lived there, the cops would be called on a reg basis. there have been incidents like this in Farmingville and the people were evicted.



not true
http://query.nytimes.com/gst/fullpage.html?res=9D0CE6DD103AF937A15752C1A967958260

Message edited 1/20/2008 2:07:40 PM.

Posted 1/20/08 2:07 PM
 

Maathy317
Grammie's Little Man

Member since 2/06

3235 total posts

Name:
D

Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods

I'm going to jump into the frey here. I don't know if any of you have actually seen a neighborhood change. I am not talking about older couples moving out and younger ones moving in. I am talking about really changing. I have seen it and, let me tell you, it's not pretty.

I grew up on Brooklyn. I lived in a neighborhood that would be considered middle class. You could find three or four generations living within a few blocks of each other. No professional people, just blue-collar, hard working people. We all knew each other and everyone looked out for each other. When I was about 10, the area started changing. As people grew older or died, a new and younger group of people moved in. These people didn't care about the neighborhood or the people in it. They carried on until all hours of the morning. Loud music, screaming, noises that I couldn't even describe. They threw garbage out their windows into the backyards. They urinated in the streets and passed out drunk in the hallways. The ones that lived above me moved in with 4 people and before long, 10 lived there. They made life unbearable. The neighborhood that I loved was gone because of these low-life people. That year, because of all the stress, my father had a heart attack. We moved the following year. Eventually, the neighborhood died. The school closed, the church was deteriorating. Buildings were burned out and razed. Crime went up dramatically. Where I lived doesn't exist anymore. This went on for years.

However, it seems the neighborhood has now taken a turn for the better. New people have come in and started building back up to what it once was and I am glad for that. It deserves to be a thriving, living community again.
I, completely, understand what the OP is saying. I've lived through it and I will never live through it again. I still mourn the loss of this neighborhood and I hope the people who are there now treat as it should be treated.

Posted 1/20/08 3:57 PM
 

Candy Girl
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Member since 11/07

6349 total posts

Name:
erin

Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods

Posted by Maathy317

I'm going to jump into the frey here. I don't know if any of you have actually seen a neighborhood change. I am not talking about older couples moving out and younger ones moving in. I am talking about really changing. I have seen it and, let me tell you, it's not pretty.

I grew up on Brooklyn. I lived in a neighborhood that would be considered middle class. You could find three or four generations living within a few blocks of each other. No professional people, just blue-collar, hard working people. We all knew each other and everyone looked out for each other. When I was about 10, the area started changing. As people grew older or died, a new and younger group of people moved in. These people didn't care about the neighborhood or the people in it. They carried on until all hours of the morning. Loud music, screaming, noises that I couldn't even describe. They threw garbage out their windows into the backyards. They urinated in the streets and passed out drunk in the hallways. The ones that lived above me moved in with 4 people and before long, 10 lived there. They made life unbearable. The neighborhood that I loved was gone because of these low-life people. That year, because of all the stress, my father had a heart attack. We moved the following year. Eventually, the neighborhood died. The school closed, the church was deteriorating. Buildings were burned out and razed. Crime went up dramatically. Where I lived doesn't exist anymore. This went on for years.

However, it seems the neighborhood has now taken a turn for the better. New people have come in and started building back up to what it once was and I am glad for that. It deserves to be a thriving, living community again.
I, completely, understand what the OP is saying. I've lived through it and I will never live through it again. I still mourn the loss of this neighborhood and I hope the people who are there now treat as it should be treated.



I grew up and still live in Brooklyn. What neighborhood are you talking about?

As far as I am concerned. the jist of this thread is that people with a lot of money and can afford the inflated price of houses plus the taxes on LI have respect for their neighborhoods, neighbors and homes and people with less money, who, because of plummeting home prices, will be able to own property, do not.

Or am I not getting it? Chat Icon

Posted 1/20/08 4:40 PM
 

Goobster
:)

Member since 5/07

27557 total posts

Name:
:)

Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods

Posted by Snickers

As far as I am concerned. the jist of this thread is that people with a lot of money and can afford the inflated price of houses plus the taxes on LI have respect for their neighborhoods, neighbors and homes and people with less money, who, because of plummeting home prices, will be able to own property, do not.

Or am I not getting it? Chat Icon



I really think the main point is that the CHEAPER something is, that increases the amount of people that can possibly afford the home. And some of those people might be able to buy where they once could not. And some of those people also will bring many "family" members with them to "share" in the wealth, to even further cut down on their costs.

I think Maathy317 really describes the senario the OP is afraid of, and frankly I would be afraid of it too. I would say if you don't understand the OP's concern, you have never seen the decline of a neighborhood or don't live in one with the real potential to decline.

Message edited 1/20/2008 7:27:28 PM.

Posted 1/20/08 7:26 PM
 

Goobster
:)

Member since 5/07

27557 total posts

Name:
:)

Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods

Posted by Maathy317

I'm going to jump into the frey here. I don't know if any of you have actually seen a neighborhood change. I am not talking about older couples moving out and younger ones moving in. I am talking about really changing. I have seen it and, let me tell you, it's not pretty.

I grew up on Brooklyn. I lived in a neighborhood that would be considered middle class. You could find three or four generations living within a few blocks of each other. No professional people, just blue-collar, hard working people. We all knew each other and everyone looked out for each other. When I was about 10, the area started changing. As people grew older or died, a new and younger group of people moved in. These people didn't care about the neighborhood or the people in it. They carried on until all hours of the morning. Loud music, screaming, noises that I couldn't even describe. They threw garbage out their windows into the backyards. They urinated in the streets and passed out drunk in the hallways. The ones that lived above me moved in with 4 people and before long, 10 lived there. They made life unbearable. The neighborhood that I loved was gone because of these low-life people. That year, because of all the stress, my father had a heart attack. We moved the following year. Eventually, the neighborhood died. The school closed, the church was deteriorating. Buildings were burned out and razed. Crime went up dramatically. Where I lived doesn't exist anymore. This went on for years.




Terrible senario as you describe and I think you describe it exactly as it can and HAS happened in many neighborhoods.

Posted 1/20/08 7:30 PM
 

Candy Girl
Candy girl- you are so sweet!

Member since 11/07

6349 total posts

Name:
erin

Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods

Posted by Goobster

Posted by Maathy317

I'm going to jump into the frey here. I don't know if any of you have actually seen a neighborhood change. I am not talking about older couples moving out and younger ones moving in. I am talking about really changing. I have seen it and, let me tell you, it's not pretty.

I grew up on Brooklyn. I lived in a neighborhood that would be considered middle class. You could find three or four generations living within a few blocks of each other. No professional people, just blue-collar, hard working people. We all knew each other and everyone looked out for each other. When I was about 10, the area started changing. As people grew older or died, a new and younger group of people moved in. These people didn't care about the neighborhood or the people in it. They carried on until all hours of the morning. Loud music, screaming, noises that I couldn't even describe. They threw garbage out their windows into the backyards. They urinated in the streets and passed out drunk in the hallways. The ones that lived above me moved in with 4 people and before long, 10 lived there. They made life unbearable. The neighborhood that I loved was gone because of these low-life people. That year, because of all the stress, my father had a heart attack. We moved the following year. Eventually, the neighborhood died. The school closed, the church was deteriorating. Buildings were burned out and razed. Crime went up dramatically. Where I lived doesn't exist anymore. This went on for years.




Terrible senario as you describe and I think you describe it exactly as it can and HAS happened in many neighborhoods.



The thing I don't understand, and I am not trying to be difficult, is that how cheap could houses possibly become? I mean even if a house drops 100,000 or 200,000, they could still be in the 400-500K range. That's a lot! Even with a 100K down payment, it would be minimally 2-3K for mortgage payments a month, plus the taxes on LI are craaaaaaazy. Maybe I just have Brooklyn prices on my mind. You can't really get anything decent here for under 600K. I WISH prices would come down here.

Posted 1/20/08 8:09 PM
 

LIMOMx2
...

Member since 5/05

24989 total posts

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Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods

I totally understand what you mean. Thank goodness houses in my town have not really been affected by everything else going on. House prices have pretty much remand the same.

Posted 1/20/08 8:15 PM
 

Goobster
:)

Member since 5/07

27557 total posts

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:)

Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods

Posted by Snickers

The thing I don't understand, and I am not trying to be difficult, is that how cheap could houses possibly become? I mean even if a house drops 100,000 or 200,000, they could still be in the 400-500K range. That's a lot!



Not so much when your parents, your cousin, your friend help you with the payments and move in with you. Or you add illegal rooms to rent to a renter to help you pay......

Posted 1/20/08 8:15 PM
 

Goobster
:)

Member since 5/07

27557 total posts

Name:
:)

Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods




Exactly my point. Nothing to stop someone (as long as they don't add illegal apts, plumbing, kitchens, etc) to have as many "family members" as they want live with them.

Posted 1/20/08 8:16 PM
 

Maathy317
Grammie's Little Man

Member since 2/06

3235 total posts

Name:
D

Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods

Posted by Goobster




Exactly my point. Nothing to stop someone (as long as they don't add illegal apts, plumbing, kitchens, etc) to have as many "family members" as they want live with them.



I know a family with 15 children. There were 17 people living in a small, expanded ranch at one time.

Posted 1/20/08 9:32 PM
 

Goobster
:)

Member since 5/07

27557 total posts

Name:
:)

Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods

Posted by Maathy317

Posted by Goobster




Exactly my point. Nothing to stop someone (as long as they don't add illegal apts, plumbing, kitchens, etc) to have as many "family members" as they want live with them.



I know a family with 15 children. There were 17 people living in a small, expanded ranch at one time.




Did they have 15 cars too, parked on the street? Chat Icon I bet they were as quiet as mice too...

Message edited 1/20/2008 10:18:24 PM.

Posted 1/20/08 9:47 PM
 

MrsD06
LIF Toddler

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Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods

Posted by Goobster

Posted by Snickers

The thing I don't understand, and I am not trying to be difficult, is that how cheap could houses possibly become? I mean even if a house drops 100,000 or 200,000, they could still be in the 400-500K range. That's a lot!



Not so much when your parents, your cousin, your friend help you with the payments and move in with you. Or you add illegal rooms to rent to a renter to help you pay......




I think you're dealing with a slippery slope here. This price range is still very much out of reach for many young couples/families. There are already (and have been for some time) many areas/neighborhoods on LI with large, beautiful homes, in good school districts, in this price range, for these huge families to "crash".

What was posted about the neighborhood in Brooklyn, I've read about this happening en masse in other areas of the country with the current housing market. Places that have been hit much harder than here. Homes in new developments are being priced SO low that crime is rising and people don't feel safe in their own neighborhoods.
I don't think that we are "there" yet and I don't think we will be anytime soon. Even if prices continue to go down, they would have to decrease a LOT more for this to start happening to the extent that it has in other parts of the country..

Posted 1/21/08 9:49 AM
 

SweetTooth
I'm a tired mommy!

Member since 12/05

20105 total posts

Name:
Lauren

Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods

Posted by MrsD06

Posted by Goobster

Posted by Snickers

The thing I don't understand, and I am not trying to be difficult, is that how cheap could houses possibly become? I mean even if a house drops 100,000 or 200,000, they could still be in the 400-500K range. That's a lot!



Not so much when your parents, your cousin, your friend help you with the payments and move in with you. Or you add illegal rooms to rent to a renter to help you pay......




I think you're dealing with a slippery slope here. This price range is still very much out of reach for many young couples/families. There are already (and have been for some time) many areas/neighborhoods on LI with large, beautiful homes, in good school districts, in this price range, for these huge families to "crash".

What was posted about the neighborhood in Brooklyn, I've read about this happening en masse in other areas of the country with the current housing market. Places that have been hit much harder than here. Homes in new developments are being priced SO low that crime is rising and people don't feel safe in their own neighborhoods.
I don't think that we are "there" yet and I don't think we will be anytime soon. Even if prices continue to go down, they would have to decrease a LOT more for this to start happening to the extent that it has in other parts of the country..



I don't know where you're thinking of, but when you say places that have been much harder than here and the neighborhoods are deteriorating, I think of Detroit. However the home values in detroit did not fall because of a slump in the housing market, they fell (and are still falling) because of the deterioration of the auto industry. Detroit was fueled and prospered because most of the peole who lived there worked in the auto industry. When those business started to close, people moved away. There was no draw anymore.

I don't see anything like this happening on LI. Unless NYC falls into the sea, there will always be industry supporting the economics of LI. Housing prices will never fall so far that these undisarable peole will take over a neigborhood.

The situation Maathy mentioned in Brooklyn, I am not sure exactly when she is describing but I know in the 60's, 70's, 80's, some areas in NYC and the surrounding buroughs did take a turn for the worse. But things were different then. To buy an apartment in Manhattan wasn't at least a million dollars. Rent wasn't $2,000 for a studio. My mom rented an apartment in Manhattan in the 70's for $150/mo. The raise in rent is not just due to inflation.

I am going off on a tangent here, but my point is, I don't think anyone needs to fear that their neighborhoods will fall into the pit of despair because home prices have fallen a bit. They are stabalizing because of the ridiculous rise that happened in the past 5 years or so. It is still very expensive to live here. A family who is going to buy a house and split the mortgage 27 ways would have still done it if the price was 80K higher, because really, 1/27th of that 80k isn't very much.

Posted 1/21/08 10:50 AM
 

Ophelia
she's baaccckkkk ;)

Member since 5/06

23378 total posts

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remember, when Gulliver traveled....

Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods

after reading this post, my gut reaction to it still stands.,,for a few reasons.

I haved lived in Brooklyn all of my life. I grew up in what is considered one of the most desireable places in all of NYC. I watched that neighborhood b/c it was SO desirable change, so much so that the working class people it was BUILT on are now priced out of it. why...simply b/c people are willing to PAY more. Not that the property is WORTH more.

no matter where I live/move, I will respect my home and respect my neighbors. I am PRAYING that the home prices drop b/c I cannot afford to own a home without them going down.

Almost every neighborhood experienced a dramatic high...all homes in reality are over priced. their worth is not truly reflected in the price b/c of the boom in housing.

My father was born in the projects on the Lower East Side. the elevators smelled like urine, no doubt.

BUT, when you walked into my grandparents apt...the house was immaculate. the furniture was covered in plastic for preservation (Chat Icon ) they were close to their neighbors and very family oriented.

but, they held low paying jobs. they didn't make a lot of money. so they couldn't afford to live in a "better" area. so what does that mean? that b/c they can't afford it, they don't "deserve" it?

you are forgetting the SLUM landlords that neglect the buildings in poorer areas b/c they just don't make the revenue for them to warrant attention.

most poor people don't want to live in squalor. most low income people bust their asses, clean their asses, and fear for their asses b/c of the select few.

and yes, when they can manage to afford to get out, sometimes it IS with extra family in tow...but I guess they are not really thinking about your property values when they escape the projects. they are thinking of a nice place for their families.

and illegal rentals...again, look to the landlords that are making a KILLING...the more, the merrier, no?

so it's not just "those" people...it's everyone. we are all responsible for the rise and fall of our neighborhoods.

I understand that a home is an investment. I get that. but it is for someone spending 300,000 as it is for someone spending 500,000.

so when I move in next door to you , please do not be offended.

I will have loud parties. I will bbq at strange hours...and my family my even park in front of your home...and I will do that NO MATTER HOW MUCH my mortgage is...more or less than yours.

you can't always judge a person by the size of their mortgage, or bank account.

Message edited 1/21/2008 11:12:03 AM.

Posted 1/21/08 11:07 AM
 

mtnmama

Member since 5/06

4794 total posts

Name:

Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods

Posted by Ophelia
so when I move in next door to you , please do not be offended.

I will have loud parties. I will bbq at strange hours...and my family my even park in front of your home...and I will do that NO MATTER HOW MUCH my mortgage is...more or less than yours.

you can't always judge a person by the size of their mortgage, or bank account.




Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon

Posted 1/21/08 11:13 AM
 

smdl
I love Gary too..on a plate!

Member since 5/06

32461 total posts

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me

Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods

I do understand why some people think that when the value of houses go down, they may be able to afford a house.

BUT in general this is not what happens.

Disclaimer: I am only pointing out some neighborhoods as an example not to offend anyone who lives there.

Some part of Huntington Station (around Pulaski and 110):
Houses are cheaper
Not quite the "ideal" young family living area people are talking about

Central Islip
Cheap houses
Would still not live there.

There is diversity and diversity.

Posted 1/21/08 11:29 AM
 

Maathy317
Grammie's Little Man

Member since 2/06

3235 total posts

Name:
D

Re: Number of Homes For Sale + Decrease Market= Changing Neighborhoods

The bottom line is that it is not the quantity of the people, it is the quality. A neighborhood is a living, breathing thing that needs to be cultivated in order for it to grow into a vital, stable community. If you have people who move into any community that are willing to assist in this endeavor, your neighborhood will continue to thrive. However, if you have low-class trash that moves in, and, by doing so, makes it so miserable for others to live there in a safe, quiet, pleasant environment, the existing residents are going to move out before it gets so bad that they can't. More and more of the undesirable element will move in and the neighborhood will, certainly, decline. This is how a neighborhood changes for the worse.

Posted 1/21/08 12:28 PM
 
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