sbv

Mayor can’t afford to buy a house in her own town

https://sh.itjust.works/post/2814685

Mayor can’t afford to buy a house in her own town - sh.itjust.works

Time to loosen zoning restrictions and say no to NIMBYs Ms. Mayor. * > Despite earning around $90,000 a year between her work as mayor, regional councillor and with the local electric utility, she says she can’t afford to buy a home in the municipality she leads. * yeah, she’s still paying off student loans, and I don’t know what zoning restrictions are like in her community. But still.

Aug 13, 2023 at 2:53pmWeb
Show threadGreenMarioAug 13, 2023
Boo hoo bitch, maybe do something bout it.
Show threadCrunchyBoyAug 13, 2023
Don’t worry, she’ll raise her salary.
Show threadNouveau_BurnswickAug 13, 2023

Salonen supports last month’s announcement to build 10,000 affordable and attainable homes in the region by 2030.

Show threadwozomoAug 13, 2023
Yeah, seems like the poster didn’t read the actual article, either
Show threadDearcheAug 13, 2023

Pretty much every city in the country needs like ten times that much before things’ll start getting better.

All these proposals are like trying to fight a forest fire with a squirt gun.

Show threadRodeoAug 13, 2023

That’s a project from Habitat for Humanity.

Vocalizing support for someone else’s project is a far cry from starting your own projects.

Maybe she is doing something, I don’t know, but the example you gave isn’t a good one.

Show threadPorkSodaAug 13, 2023

Lol I’d love to hear your ideas for what she should do about it?

Also, nice misogyny. So hot right now.

Show threadLyreAug 13, 2023
So this just became real huh
Vancouver mayor won’t run for re-election because he can no longer afford to live in Vancouver

The decision is the most recent example of an exodus of non-monied that the city has been experiencing, turning what was once a thriving metropolis into a gilded ghost town.

The Beaverton
Show threadcindylouwhovianAug 13, 2023

“I’m not rich, I’m just a regular millionaire” - my favorite line.

I’m definately not a millionaire - what does that make me?

Show threadNorgurAug 13, 2023
Fishfodder. The answer is fish fodder.
Show threadfunkajunkAug 13, 2023
That site is parody - its basically Canadian “The Onion”.
Show threadSplitdiplessAug 14, 2023
Thousandaire.
Show threadSturgistAug 15, 2023
I wish
Show threadSplitdiplessAug 18, 2023
Hundredaire?
Show threadSturgistAug 18, 2023
😎👉👉 Eyyyyyyyyyyy!
Show threadsbvAug 13, 2023
When satire predicts the future we’re fucked.
Show threadcollegefurtraderAug 13, 2023
I started reading and it took a few paragraphs to even remember that you already told me it was satire
Show threadwozomoAug 13, 2023

Who you calling a NIMBY? Did you even read the article you posted?

Salonen supports last month’s announcement to build 10,000 affordable and attainable homes in the region by 2030.

She’s quite literally the opposite of a NIMBY.

Show threadSonnyVabitchAug 13, 2023
If she can’t afford to live there then it’s by definition not her backyard…
Show threadmayonaise_metAug 14, 2023
I don’t think he called the mayor a nimby.
Show threadBedSharkPalAug 13, 2023

Now what happens when teachers, nurses etc can’t afford it either.

Home owners loving those paper gains and won’t realize it destroys the social fabric of their communities until it’s too late.

Show threadsbvAug 13, 2023

Home owners loving those paper gains and won’t realize it destroys the social fabric of their communities until it’s too late.

Most home owners I know either

  • Don’t want the gains, because they can’t afford to buy a nicer place even if they sell their current place.

  • Are unhappy about growing mortgage payments.

  • Are worried about their kids being able to afford a place.

    • The gains only benefit people who can cash out and move away. Most homeowners (I know) wouldn’t want to borrow against the house value because repayment is so expensive.

    Show threadyiliuAug 13, 2023
  • Still don’t support re-zoning their area to allow denser mixed-use housing.
    • Show threadBedSharkPalAug 13, 2023
    Well someone should tell them to vote that way. There’s a reason no party other than the greens will even dare speak of the fact that prices need to come down to increase affordability.
    Show threadsbvAug 13, 2023
    I’m guessing the next federal election will be on pocketbook issues. I don’t know where home ownership will fit in there.
    Show threadTathasAug 13, 2023
    And interest rates are at least 2x what many homeowners currently have.
    Show threadEhForumUserAug 14, 2023
    The value of my home doesn’t mean much to me, but it is troubling to think what will happen when most homeowners are underwater and the debt gets called. That is going to hurt me when everyone else is removed from participating in the general economy.
    Show threadcyberpunk007Aug 14, 2023
    Yeah homes being viewed as an investment is stupid and only came to be for those that could afford to buy lots.
    Show threadEhForumUserAug 14, 2023

    Homes became an investment when living near your workplace became a necessity. Any tool which facilities an income is going to naturally become an investment. That’s what investment is.

    The COVID thing decoupling some jobs from location has helped marginally – seeing a small decline in home values – but that can only get you so far. The vast majority of jobs are still location dependent.

    Show threadsbvAug 14, 2023
    HELOCs may burn some folks. They were gaining popularity while interest was low. That is going to add to the burden of those who loaded up on debt.
    Show threadShardAug 15, 2023

    I might actually be happy if my home was suddenly only worth a dollar.

    That would cut my property tax way down

    Show threadGrindingGearsAug 15, 2023
    AKA the boomers win again, like fucking always.
    Show threadILikeBoobiesAug 14, 2023

    That isn’t as bad as when minimum wage earners won’t be able to rent

    Teachers and nurses make enough to warrant a commute and they have skilled jobs (required off site learning), a minimum wage earner can just go anywhere with and not only earn as much but also has way more job flexibility

    Also Ontario already pays private nurses double (though it costs the province way more than that because of the ‘Ford friend fee’ I mean agency fee

    Show threadivanafterallAug 13, 2023
    Thanks for keeping us abreast of this situation.
    Show threadCoreidanAug 13, 2023
    Which breast?