FML Listings posts incredulous commentary about outrageously overpriced real estate listings in Toronto. Look at the run-down bungalows -- in
North York! -- listed for a million dollars and despair. Canada's
housing bubble, on full display. Via
Maclean's.
posted by mcwetboy
on Jan 30, 2012 -
74 comments
The sub-prime mortgage crisis is giving way in some places to crime ridden McMansion ghettos, perhaps the beginning of a
larger long term trend in demographics: "many low-density suburbs and McMansion subdivisions, including some that are lovely and affluent today, may become what inner cities became in the 1960s and ’70s—slums characterized by poverty, crime, and decay."
posted by stbalbach
on Feb 29, 2008 -
81 comments
One man's pocket change is another man's $3 million dollar home. Today, 3 previously homeless families were
handed the keys to homes located on one of Hawai'i's priciest streets:
Kahala Avenue. Japanese billionaire Genshiro Kawamoto has so far chosen 4 native Hawaiian families to live rent free for up to 10 years, making good on a promise made back in
November 2006. Obviously, Kawamoto's motives
are suspect, as his record as a landlord has been
rather tainted. And his approach to alleviating 4 family's homeless situation doesn't solve any systemic problems or go very far in providing long term solutions to homelessness. But for now, it's a feel-good story, and the start of an interesting sociological experiment...
posted by krippledkonscious
on Mar 23, 2007 -
22 comments
DC Suburbs slowly getting denser I've been a participant for the past 5 years in what is easily the 2nd-3rd most insane housing market in the US: Washington DC. Apartment occupancy is 99% in the desirable areas, and "affordable starter homes" (in finger quotes) are priced at $250-$350k. People with good jobs can barely afford this. So what happens to folks who are just getting their feet on the ground in the country? More the merrier. How do you strike a balance between providing affordable housing that is accessible to living-wage jobs without running out the existing neighbors?
posted by cpfeifer
on Dec 27, 2002 -
50 comments
Scary calculation of the day: I spend about $750/mo. on rent in LA, and while I was checking the price range on
apartments in San Francisco, what I wanted was about $2500 per month. So in LA, I spend $9,000 per year on rent (actually it's half that, since I split it with my girlfriend), but in SF, it'd be $30,000 (!!!). For that cost, I could pay for a house in just a handful of years in any other state.
Maybe Salon is right, or
maybe they aren't.
posted by mathowie
on Mar 6, 2000 -
18 comments
