Comments on: About As Good As It Gets For Market Rate, Mid-rise Multifamily http://hugeasscity.com/2009/05/02/about-as-good-as-it-gets-for-market-rate-mid-rise-multifamily/ > so much wonderful packaged in such a mess Fri, 18 May 2012 04:54:00 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Android Battery http://hugeasscity.com/2009/05/02/about-as-good-as-it-gets-for-market-rate-mid-rise-multifamily/comment-page-1/#comment-403961 Android Battery Fri, 03 Dec 2010 15:50:53 +0000 http://noisetank.com/hugeasscity/2009/05/02/about-as-good-as-it-gets-for-market-rate-mid-rise-multifamily/#comment-403961 im kinda tired and tired of the battery on my phone going down so fast, it annoys the crap out of me, see what happens, find a good site and BAM my battery is dead, so yeah, i luckily had enough battery to read this and post the comment haha, i have no life. yay me! im kinda tired and tired of the battery on my phone going down so fast, it annoys the crap out of me, see what happens, find a good site and BAM my battery is dead, so yeah, i luckily had enough battery to read this and post the comment haha, i have no life. yay me!

]]> By: Anna Markee http://hugeasscity.com/2009/05/02/about-as-good-as-it-gets-for-market-rate-mid-rise-multifamily/comment-page-1/#comment-3369 Anna Markee Mon, 04 May 2009 19:35:14 +0000 http://noisetank.com/hugeasscity/2009/05/02/about-as-good-as-it-gets-for-market-rate-mid-rise-multifamily/#comment-3369 @1. Chris, per your question about the Housing Levy: One thing to keep in mind is that the Housing Levy focuses on people with extremely low-incomes like seniors and people with disabilities living on social security, families living on minimum wage, and the homeless. These households can sometimes only afford a couple hundred dollars a month in rent, if that. Plus, they often need services on-site that non-profits provide. Additionally, the Housing Levy produces permanently affordable housing. The apartments produced with levy dollars are legally required to restrict their rent for at least 50 years. The non-profit owners are in it for the long haul. The Housing Levy will never be able to meet ALL of Seattle's affordable housing needs. But it does make a difference for thousands of families and individuals each year. Efforts to reduce the cost of housing production for market-rate developers may or may not reduce prices. As we are seeing now, the market determines the price to the consumer so we only really see rent and price decreases in a recession like now. Other efforts like incentives for developers to include affordable housing are another important tool to complement the Housing Levy. While the levy focuses on the most vulnerable, incentive programs are better suited to house people with good jobs who still have a hard time affording a home near their job. We need multiple tools to address the housing affordability crisis. I hope you will support the Housing Levy in November. @1.
Chris, per your question about the Housing Levy: One thing to keep in mind is that the Housing Levy focuses on people with extremely low-incomes like seniors and people with disabilities living on social security, families living on minimum wage, and the homeless.

These households can sometimes only afford a couple hundred dollars a month in rent, if that. Plus, they often need services on-site that non-profits provide.

Additionally, the Housing Levy produces permanently affordable housing. The apartments produced with levy dollars are legally required to restrict their rent for at least 50 years. The non-profit owners are in it for the long haul.

The Housing Levy will never be able to meet ALL of Seattle’s affordable housing needs. But it does make a difference for thousands of families and individuals each year.

Efforts to reduce the cost of housing production for market-rate developers may or may not reduce prices. As we are seeing now, the market determines the price to the consumer so we only really see rent and price decreases in a recession like now.

Other efforts like incentives for developers to include affordable housing are another important tool to complement the Housing Levy. While the levy focuses on the most vulnerable, incentive programs are better suited to house people with good jobs who still have a hard time affording a home near their job. We need multiple tools to address the housing affordability crisis.

I hope you will support the Housing Levy in November.

]]> By: dan cortland http://hugeasscity.com/2009/05/02/about-as-good-as-it-gets-for-market-rate-mid-rise-multifamily/comment-page-1/#comment-3368 dan cortland Mon, 04 May 2009 18:35:36 +0000 http://noisetank.com/hugeasscity/2009/05/02/about-as-good-as-it-gets-for-market-rate-mid-rise-multifamily/#comment-3368 <blockquote>My big beef is the sunken unit entries off Mercer…who wants to buy a unit where the public can look down into it? </blockquote> One of Veer's problems, too.

My big beef is the sunken unit entries off Mercer…who wants to buy a unit where the public can look down into it?

One of Veer’s problems, too.

]]> By: Ped Xing http://hugeasscity.com/2009/05/02/about-as-good-as-it-gets-for-market-rate-mid-rise-multifamily/comment-page-1/#comment-3367 Ped Xing Mon, 04 May 2009 16:23:57 +0000 http://noisetank.com/hugeasscity/2009/05/02/about-as-good-as-it-gets-for-market-rate-mid-rise-multifamily/#comment-3367 I walk by Brix every day and think it is great, attractive urban housing. I go ga-ga whenever I see anything resembling row housing in Seattle. The individual entries off the "back" of the building (on 10th) build a nice rhythm. My big beef is the sunken unit entries off Mercer...who wants to buy a unit where the public can look down into it? I walk by Brix every day and think it is great, attractive urban housing. I go ga-ga whenever I see anything resembling row housing in Seattle. The individual entries off the “back” of the building (on 10th) build a nice rhythm. My big beef is the sunken unit entries off Mercer…who wants to buy a unit where the public can look down into it?

]]> By: Chris http://hugeasscity.com/2009/05/02/about-as-good-as-it-gets-for-market-rate-mid-rise-multifamily/comment-page-1/#comment-3366 Chris Mon, 04 May 2009 16:02:35 +0000 http://noisetank.com/hugeasscity/2009/05/02/about-as-good-as-it-gets-for-market-rate-mid-rise-multifamily/#comment-3366 hey, why re-invent the wheel. I'm sure they gave SNW a two-fer on fees, right?:) I think all three are some of the best large-scale new construction in Seattle hey, why re-invent the wheel. I’m sure they gave SNW a two-fer on fees, right?:)

I think all three are some of the best large-scale new construction in Seattle

]]> By: Joshua Daniel Franklin http://hugeasscity.com/2009/05/02/about-as-good-as-it-gets-for-market-rate-mid-rise-multifamily/comment-page-1/#comment-3362 Joshua Daniel Franklin Mon, 04 May 2009 00:07:15 +0000 http://noisetank.com/hugeasscity/2009/05/02/about-as-good-as-it-gets-for-market-rate-mid-rise-multifamily/#comment-3362 In Dallas, which <a href="http://blogs.wsj.com/developments/2009/04/30/why-didnt-the-housing-bubble-mess-with-texas/tab/comments/" rel="nofollow">for a variety of reasons sat out the bubble</a>, land is relatively cheap but <a href="http://www.mercersq.com" rel="nofollow">condos still go for $300k+</a> in walkable neighborhoods like Uptown. In Dallas, which for a variety of reasons sat out the bubble, land is relatively cheap but condos still go for $300k+ in walkable neighborhoods like Uptown.

]]> By: Kathryn http://hugeasscity.com/2009/05/02/about-as-good-as-it-gets-for-market-rate-mid-rise-multifamily/comment-page-1/#comment-3363 Kathryn Sun, 03 May 2009 20:59:56 +0000 http://noisetank.com/hugeasscity/2009/05/02/about-as-good-as-it-gets-for-market-rate-mid-rise-multifamily/#comment-3363 The top one looks like K Street in DC. The footprint is too big for the height. Maybe this crash will bring down land value. The top one looks like K Street in DC. The footprint is too big for the height. Maybe this crash will bring down land value.

]]> By: holz http://hugeasscity.com/2009/05/02/about-as-good-as-it-gets-for-market-rate-mid-rise-multifamily/comment-page-1/#comment-3364 holz Sun, 03 May 2009 20:54:39 +0000 http://noisetank.com/hugeasscity/2009/05/02/about-as-good-as-it-gets-for-market-rate-mid-rise-multifamily/#comment-3364 yech, all three are horrendous. what's up w/ the sh*tty multi-fam architecture in seattle? yech, all three are horrendous. what’s up w/ the sh*tty multi-fam architecture in seattle?

]]> By: Chris http://hugeasscity.com/2009/05/02/about-as-good-as-it-gets-for-market-rate-mid-rise-multifamily/comment-page-1/#comment-3365 Chris Sun, 03 May 2009 16:53:35 +0000 http://noisetank.com/hugeasscity/2009/05/02/about-as-good-as-it-gets-for-market-rate-mid-rise-multifamily/#comment-3365 Dan, Would be very interested in your thoughts on the affordable housing levy. My concern is that we've been doing it for a long time and it doesn't seem to be making much of a difference. Am I missing something? I wonder if a complete rethinking of zoning wouldn't have a bigger impact. Certainly seems more likely to address the sheer ugliness factor. Thanks, Chris Dan,

Would be very interested in your thoughts on the affordable housing levy. My concern is that we’ve been doing it for a long time and it doesn’t seem to be making much of a difference. Am I missing something? I wonder if a complete rethinking of zoning wouldn’t have a bigger impact. Certainly seems more likely to address the sheer ugliness factor.

Thanks,
Chris

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