How Illinois is a fucking disappointment

Discussion in 'Off-Topic' started by ThatHideousStrength, Oct 11, 2015.

  1. ThatHideousStrength

    ThatHideousStrength Junior Member

    Messages:
    6,109
    Trophy Points:
    53
    So currently I live in Chicago. I love it here, but to own a house in a decent area is pretty much out of the question. I've been looking at places that are up and coming and they are already pricey (hope there will be another housing crash soon). Even outside of Chicago, property tax is ridiculous. Oak Park is a very nice area but for a house that's listed as 200,000, taxes are 6,000 to 8,000. That is almost how much I pay for rent every year. Not quite but I can leave and not be stuck. I want a house with a garage so I can start playing with solar and wrenching on a car... and have a yard that's mine. Chicago is great but man, to have a place that's my domain is all I want. (1st world problems)
  2. mistawiskas

    mistawiskas kik n a and takin names

    Messages:
    30,075
    Trophy Points:
    98
    Location:
    Rogue Valley Oregon
    I see the same thing happening in every metro.
    Portland and Seattle are examples. Even rental units are ridiculously priced in those areas.
    Rental units are at an all time short supply everywhere, including small towns. The price here is skyrocketing.
    yet, people's incomes haven't budged in 20 years. This is what 'inclusionary zoning' is designed to address.
    People have to live somewhere. With "affordable housing" there are a shit ton of unintended consequences.
    I make my living off of those "consequences" by fixing the damage typical low income renters leave behind.
    My latest adjustment to my business plan is to shift towards taking those same units and upgrading them out
    of the affordable housing classification and into the mainstream housing to accommodate the higher income middle class
    renter so rents can be doubled. Not fair, but that's business and the property owners/conglomerates are cashing in on
    the trend. Unless things change, millennials are going to be stuck living in mass housing right next to drug houses/apts,
    violent drunks, mental cases, and career welfare recipients. While inclusionary zoning and affordable housing sounds good,
    in real life it's ugly and not something safe or pleasant to live with. And....I'm talking about here, in rural America. Cities like
    Chicago and the like are in a whole worse league!
  3. Commissar Smersh

    Commissar Smersh 2020 Staff Member

    Messages:
    9,849
    Trophy Points:
    98
    Location:
    Nuevo Springfield
    200k? I can't find anything decent for under 350k here in Denver, thank god I get a rent discount for living on property.
  4. mistawiskas

    mistawiskas kik n a and takin names

    Messages:
    30,075
    Trophy Points:
    98
    Location:
    Rogue Valley Oregon
    New homes (mid range 3 bdrm, 2 bath, 1500 sq.ft.) are going for 250,000 here. The same type/size home rents for 2500/mo.now. A lot of homes are being bought up by conglomerates
    looking to cash in on rental shortages and millennials that won't be entering the home buying market. That's what it's like here. The big cities are gearing towards upscale mass tenancies.
    The kind of high density housing seen in movies like the newer 'Total Recall'. As those degrade with use, they'll be more like the tenancies in the movie 'Elysium'. Unless people are included in the 1-10%
    that will keep getting richer, life and housing isn't going to be pretty. Sure, some will luck out, but more and more will need subsidized housing. But there will probably be another bubble pop before
    it gets to that point. Mass subsidized housing (inclusionary zoning/housing) is already in the works in all major metropolitan areas and most smaller towns. https://en.wikipedia.org/wiki/Inclusionary_zoning
    The housing market has to read 10-20 years down the road. The mortgage banking industry demands it.
    10 years ago, everyone thought I was paranoid when I claimed this was how things were going to get. 10 years ago is when the plans, in the industry I was in, started laying the blueprints for what we are going to get in the next 10 years. We here in the news that the housing market is picking up. Yeah, the building of multi-family huge assed highrises and whopper apartment complexes is picking up
    a lot more than single family dwellings. that's where people are going to be pushed.
  5. hans5849

    hans5849 Serious as a heart attack

    Messages:
    10,229
    Trophy Points:
    63
    Location:
    Manama, Bahrain
    Dude, I live by Schaumburg. We should meet up some time.
  6. Commissar Smersh

    Commissar Smersh 2020 Staff Member

    Messages:
    9,849
    Trophy Points:
    98
    Location:
    Nuevo Springfield
    :bsflag:
  7. hans5849

    hans5849 Serious as a heart attack

    Messages:
    10,229
    Trophy Points:
    63
    Location:
    Manama, Bahrain
    Hey, I've met quite a few tweakers! I spent the night at Miller's and 950's. Nobody's butthole was plugged.
  8. -=Lurker=-

    -=Lurker=- **BANNED**

    Messages:
    10,118
    Trophy Points:
    78
    Location:
    Salt Lake City, Utah
    Move to Utah. Seriously.
  9. ThatHideousStrength

    ThatHideousStrength Junior Member

    Messages:
    6,109
    Trophy Points:
    53
    Dude, when you say no one's butthole was plugged, someone's butthole was plugged!
  10. ThatHideousStrength

    ThatHideousStrength Junior Member

    Messages:
    6,109
    Trophy Points:
    53
    Is that where you live? I see Cali in your profile.
  11. GiggidyGee

    GiggidyGee Nice bum, where ya from?

    Messages:
    2,441
    Trophy Points:
    93
    Location:
    Cananada
    In downtown Vancouver, a tiny little 1000 sqft (or close to..) house can go for $1M

    I live about an hour away from Vancouver and there are houses closer to 2500sqft that sell for $500k.

    I'm never going to own my own house as a single mother.
  12. mistawiskas

    mistawiskas kik n a and takin names

    Messages:
    30,075
    Trophy Points:
    98
    Location:
    Rogue Valley Oregon
    You are not alone GG. This is how Portland plans to deal with the housing shortage:
    http://www.bizjournals.com/portland...revised-demolition-tax-would-only-target.html
    In essence, contractors are being fined $25,000 if they do not build ultra high density housing projects when they plan to get a demolition permit.
    There is a scramble to build projects like what is now run down buildings in Detroit and Chicago. Now everyone gets to feel the pain i was feeling when the housing bubble burst.
    people have to live somewhere and the plan is to pack them into huge apartment complexes and we've seen how those turn out.
    https://rogueoperator.wordpress.com...nitiative-nationwide-housing-projects-slated/
    Detroit:
    2141537034_307f8efee5.jpg
    Chicago:
    images.jpg

    The new projects will look a lot nicer.....for awhile. These projects were nice when they were new also.
  13. mistawiskas

    mistawiskas kik n a and takin names

    Messages:
    30,075
    Trophy Points:
    98
    Location:
    Rogue Valley Oregon
    You are not alone GG. This is how Portland plans to deal with the housing shortage:
    http://www.bizjournals.com/portland...revised-demolition-tax-would-only-target.html
    In essence, contractors are being fined $25,000 if they do not build ultra high density housing projects when they plan to get a demolition permit.
    There is a scramble to build projects like what is now run down buildings in Detroit and Chicago. Now everyone gets to feel the pain i was feeling when the housing bubble burst.
    people have to live somewhere and the plan is to pack them into huge apartment complexes and we've seen how those turn out.
    https://rogueoperator.wordpress.com...nitiative-nationwide-housing-projects-slated/
    Detroit:
    View attachment 6337
    Chicago:
    View attachment 6338

    The new projects will look a lot nicer.....for awhile. These projects were nice when they were new also.
  14. Commissar Smersh

    Commissar Smersh 2020 Staff Member

    Messages:
    9,849
    Trophy Points:
    98
    Location:
    Nuevo Springfield
    Yes, do not move to Colorado. It's terrible. Really the worst.

    So, how are we to deal with an increasing population in a landlocked area? Build down? Only allow the upper class to build new buildings?
  15. mistawiskas

    mistawiskas kik n a and takin names

    Messages:
    30,075
    Trophy Points:
    98
    Location:
    Rogue Valley Oregon
    A hot commodity right now.....is shipping containers...and they stack nicely ;) . The amount of population isn't the issue. The affordability and supply of available units is.
    What I experience everyday: I renovate both so-called "affordable housing" and standard apartments in nice complexes. For quite awhile the affordable housing has been the main units
    that had high turnovers. I'd go to work at one of those complexes and it was noisy, congested, filthy and often a lot of violence. I dared not leave my vehicle or tools unsecured. No body worked so everyone was just hanging out wired on meth. Kids weren't in school
    and it was depressing. For the foreseeable future I'm inundated with work at an upscale complex. The very first thing I noticed was that by 8AM the parking lot was empty and there were no kids hanging around. Everyone went to work and kids go to school. They take pride in their apartment complex so it's really clean.The "affordable housing" tenants get it all paid for by HUD so they trash the place.
    It's no skin off their ass. So when you hear the terms 'inclusionary housing/zoning' and/or 'affordable housing' while it may sound like a Utopian blessing, in reality, it's not a pleasant thing at all. It doesn't mean "affordable" for you and I, it means affordable for HUD.
  16. -=Lurker=-

    -=Lurker=- **BANNED**

    Messages:
    10,118
    Trophy Points:
    78
    Location:
    Salt Lake City, Utah
    Yep. SL, UT.
  17. Goofus Maximus

    Goofus Maximus Too old to be this dumb!

    Messages:
    7,137
    Trophy Points:
    78
    Location:
    St. Louis area, but in Illinois
    They should just take that concept to it's ultimate limit... The ultimate efficiency apartment.