Recent comments in /f/RhodeIsland

Old-Oven-4564 t1_j4ged9h wrote

Check out Federal Hill(little Italy) Thayer st(college area) a lot of mom & pop businesses all around the state in Pawtucket, Cranston, Johnston, Providence, Woonsocket

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Impossible-Heart-540 t1_j4g4f2c wrote

Considering the paltry number of units, and their ~0% effect on average citywide housing prices, if the overriding concern is more affordable housing, the bottom line question should be: does Fane’s proposal prevent affordable housing being built?

And the answer is, no. The real estate itself is too valuable (location and eventually taxed by Providence at their high valuation/rates) to build housing that is less than market rate. It’s not Fane driving that equation (it’s us).

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We do all agree we want fewer unhoused people, and more affordable housing so we should be looking for solutions.

And noted here, it’s difficult to prove any particular hypothesis on housing costs with the number of variables (salaries, populations, construction costs, taxes, incomes per unit propensity, square footage expectations, economy, inflation, etc) and the inability to identify a control to measure against. But, there are some glimmers.

https://streets.mn/2020/06/28/new-housing-lowers-rents-in-minneapolis-st-paul-not-so-much/

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Unique-Public-8594 t1_j4g02ig wrote

Reply to comment by [deleted] in RI Real Estate by DIMINISHED_VALUE

Ok but these United Van Lines statistics have been discussed here before and ultimately determined to be useless numbers.

For Rhode Island to have magically jumped from 32nd to third since 2021 (when the trends show retiring Baby Boomers and wfh folks moving south and southwest), I doubt it.

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March_Latter t1_j4fvfs9 wrote

This is like the 80's version of looking for a used car. Buy the panels yourself. Do you own research and hire reputable contractors and electricians. Don't end up with an overpriced mess on your roof because somebody sold it to you.

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