community location's impact on affordability/diversity | <– Date –> <– Thread –> |
From: Kay Argyle (kay.argyle![]() |
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Date: Fri, 2 Nov 2007 10:26:11 -0700 (PDT) |
> Cohousing communities are usually > located in very affluent neighborhoods and therefore are exclusively priced. (from the thread "Green Retirement Communities") Is this something communities concerned with affordability ought to look at closely? Given the sad-but-true correlation between race and income, foregoing an affluent neighborhood might even help groups interested in minority recruiting. The decision to build in Salt Lake's Glendale district had more to do with the property's availability than with the community's determination to have a few affordable units, but the lower land costs can't have hurt. None of the low-income units come up for sale for another six years (the resident gets first refusal), but our "nonaffordable" units have been selling for substantially less than the average for Salt Lake ($284K in 2007), even if more than the median* for our zip code ($144K). Glendale has lots of Hispanics, Pacific Islanders, and Bosnian, Sudanese, and other recent immigrants. White households tend to be elderly. The location was seen as a drawback** by many of our group members, but a minority member has said she was/is very happy the community ended up there. *A comparison of a median and an average is sometimes apples-and-oranges, but I couldn't find exactly parallel statistics. **In large part, simply because it's on the far side of town from the university, a major employer. It also suffers poor transit service, little shopping, few parks, a refinery upwind, freight trains, a polluted river, etc. But lower property crime rates than the benches! Kay Wasatch Commons
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Re: Green Retirement Communities tom shea, November 1 2007
- Re: Green Retirement Communities melanie griffin, November 2 2007
- community location's impact on affordability/diversity Kay Argyle, November 2 2007
- UTAH balaji, November 2 2007
- Re: Green Retirement Communities Tim Mensch, November 2 2007
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