Especially here in SA. I've noticed a big trend in rising property value in the last decade while income here hasn't really risen much. I think there's a breaking point coming soon.
"As the number of people looking for an affordable home in a neighborhood they like continues to climb in Texas, a number of factors — income, job locations, car ownership — can open up a bounty of options or act as barriers that keep Texans in uncomfortable places.
And while housing affordability has long been a challenge for people living in poverty, Texas leaders are sounding the alarm about barriers that middle-class residents increasingly face when looking for an affordable place to live.
“It’s a crisis that is looming,” San Antonio City Council member Rey Saldaña said during The Texas Tribune Festival last week.
The Texas Tribune analyzed U.S. Census Bureau data from 2012 to 2016 that show the typical household income in hundreds of Texas ZIP codes — and what people in each ZIP code typically spends on rent or a home with a mortgage. We also looked at the demographic makeup and typical housing costs in ZIP codes to create an interactive tool that readers can use to gauge affordability in their neighborhood and around the state. And we've created a toolkit to help Texans start conversations about affordable housing in their communities......."
https://www.texastribune.org/2018/10...s-things-know/
Especially here in SA. I've noticed a big trend in rising property value in the last decade while income here hasn't really risen much. I think there's a breaking point coming soon.
How Every State’s Population Changed in the Last Year
https://247wallst.com/special-report/2020/01/14/how-every-states-population-changed-in-the-last-year/11/
As downtown SA "re-urbanizes", but of course remains behind the other 3 TX cities :
Median income in downtown San Antonio increased by 39 percent in 15 years
https://www.mysanantonio.com/news/local/article/Study-Median-income-in-downtown-San-Antonio-14960099.php
“If you are born into a poor family and in a bad neighborhood with horrible schools do your best to climb out of it. Look what I did (list of accomplishments including homeschooling). Look what José Extraordinary did. We made it dammit. It’s your choice.”
“If you are born into a poor family and in a bad neighborhood with horrible schools do your best to climb out of it. Look what I did (list of accomplishments including homeschooling). Look what José Extraordinary did. We made it dammit. It’s your choice.”
Two posts. Mrs. Crutchfield awaits (looms large)
Last edited by pgardn; 01-18-2020 at 10:42 AM.
The uneven results of an economy that only really benefits the rich is going to make democratic socialist ideas waaay easier to sell.
but muh free markets sounds thinner and thinner when you slave to make profits for the CEO, and can't pay your rent.
enting in communities of color
ZIP codes where people of color make up the majority of the population are more likely to make less than the statewide median income and to pay too much in rent.
ZIP codes where most residents are not white
ZIP codes where most residents are white
Shocker... FWIW.
Gentrification isn't helping.
Near downtown properties have gotten into the stupid territory. Especially in south town and near the pearl. Crap houses on rotting cedar piers falling apart going for hundreds of thousands.
Deadbeat dad cucks not pulling their weight, amirite?
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