Recent comments in /f/RhodeIsland

SeriousResort8703 t1_j4agzay wrote

I have a beautiful apartment 11 minutes away from Federal hill in a GOOD neighborhood. One bedroom, snow removal and lawn care, washer and dryer, free-Wi-Fi. $1,500. This app is not letting me direct message you and my name is in my email so I don’t want to post it lol.

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Beezlegrunk t1_j4abqod wrote

>” having lived in Boston and watched all the towers go up and housing costs continue to rise, it’s simply not factual.”

You’re not allowed to cite empirical evidence — such as actual Boston / San Francisco / Seattle / Austin / etc housing prices amidst the luxury apartment booms in those cities — when discussing housing on this sub, because doing so interferes with an absolute requirement that the high-school level economic analysis be based entirely on orthodox economic theory, rather than real-world outcomes that don’t substantiate that dogma.

None of these clowns ever references the actual outcomes of their theories in major U.S. cities, just a bunch of textbook boilerplate about what should happen, based on a faith-based belief system that is routinely disproven by actual housing prices in actual places. The Catholic Church has nothing on the canon of orthodox economics …

When pressed, their answer to why the things that they say must inevitably happen (but never actually do) due to more expensive condos being built is, “Well, prices would have been even higher otherwise” — but they never explain why prices didn’t actually decrease, as they haughtily claimed must happen as more high-end apartments are constructed.

This myopic insistence on deliberately ignoring actual housing prices while expounding on the theoretical results of building more luxury condos — as if it hadn’t already been disproven in the decade leading up to the global financial crisis, and again more recently prior to the pandemic — is so cartoonish that it would be funny if it weren’t denialism of Trumpian proportions …

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Beezlegrunk t1_j4a91hl wrote

TLDon’tR: “When rich people move into even more expensive apartments than they live in now, people who couldn’t afford their old apartments somehow immediately become richer and are magically able to replace those rich people in their old apartments”

Otherwise known as “high-school economics theory masquerading as actual analysis, while ignoring cities in which lots of luxury housing was built but where housing never got any cheaper” …

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Impossible-Heart-540 t1_j49yho1 wrote

Not sure how long you’ve been here, but the construction in the 195 lands for the last 4-5 years has been explosive.

We are not anti growth.

We did however sign onto this 195 relocation project with the clear provision this area would remain mid rises to keep in line with the existing mill/office structures - and not only did us citizens sign on to that, so did all the developers that have already built whose values will be negatively impacted.

You really can be both pro-growth, and have an expectation that the state live up to its promises.

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bpear t1_j49xehf wrote

Providence has some really nice neighborhoods. Smith hill is not one of them. Even Smith hill is not so bad on most streets though. You definitely need to learn ins and outs of the city. But once you do it's actually a great place to live.

It has some great walkable neighborhoods. I sold my car. I love it up here. It all depends on what you are looking for. Warwick isn't for everyone.

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