Do they list any annual fees or other expenses?
Condo/Assoc. fees + taxes+utilities?
The condo/assoc. fess can really dirve up annual costs.

------
Sara Mattes




> On Apr 25, 2022, at 4:26 PM, Chris McCarthy <[email protected]> wrote:
> 
> I'm seeing under $500k for a 2bd/2ba. 
> 
> On Mon, Apr 25, 2022, 16:23 Joanna Owen Schmergel via Lincoln 
> <[email protected] <mailto:[email protected]>> wrote:
> Yes, that is definitely well into upper middle class territory….
> 
> 
> Sent from Yahoo Mail for iPhone <https://overview.mail.yahoo.com/?.src=iOS>
> 
> On Monday, April 25, 2022, 4:20 PM, Ted Chan <[email protected] 
> <mailto:[email protected]>> wrote:
> 
> Here's the starting pricing at the monstrosity Sudbury built abutting 
> Lincoln/Concord.
> 
> https://www.pulte.com/homes/massachusetts/greater-boston-area/sudbury/preston-at-cold-brook-crossing-210742
>  
> <https://www.pulte.com/homes/massachusetts/greater-boston-area/sudbury/preston-at-cold-brook-crossing-210742>
> 
> On Mon, Apr 25, 2022 at 4:01 PM Sara Mattes <[email protected] 
> <mailto:[email protected]>> wrote:
> Agreed!
> 
> The disappearing middle class in Lincoln (there still is one, but dying off)  
> is what we need to focus on…a point I have been making (publicly) for some 
> time.
> We can do this, to a degree, with a change in how we calculate property tax.
> But, that is only one mechanism, and needs to be coupled with others.
> We need to get creative, and, so far, we have shied away from potential tools 
> that will require much work to develop..
> 
> I would argue that adding 200-500 condos in S.Lincoln/Lincoln Station will 
> not address this.
> It will offer another type of housing, but not what most middle class 
> families seek.
> 
> 
> 
> 
> ------
> Sara Mattes
> 
> 
> 
> 
>> On Apr 25, 2022, at 3:54 PM, Bob Kupperstein <[email protected] 
>> <mailto:[email protected]>> wrote:
>> 
>> This is a case where median income gives a very misleading picture.   Our 
>> median is the result of a very distorted income distribution - simply put, 
>> there is virtually no middle-class in Lincoln.
>> 
>> Look at the town-by-town section in the Globe's reporting on the data: 
>> https://www.bostonglobe.com/2022/04/21/metro/charts-whats-wealthiest-town-massachusetts-see-census-data-income-poverty/
>>  
>> <https://www.bostonglobe.com/2022/04/21/metro/charts-whats-wealthiest-town-massachusetts-see-census-data-income-poverty/>
>>   (Lincoln is on page 4) - our numbers are very skewed (to the high-income 
>> end).
>> 
>> 
>> 
>> On Mon, Apr 25, 2022 at 3:35 PM Sara Mattes <[email protected] 
>> <mailto:[email protected]>> wrote:
>> This is telling and offers some data points.
>> Linocln is not in the top 25, in spite of the fact that there are over 130 
>> folks who make over $1 million/yer.
>> 
>> If you look at our state certified affordable housing, that makes up 14%.
>> 1/3 of our homes are condo, townhouses or apartments.
>> 1/3 of us are over 60.
>> 
>> While we are not racially diverse, our housing stock and other measures 
>> indicate a degree of diversity that might surprise some…and should factor in 
>> as we plan, going forward.
>> 
>> Sara
>> 
>> 
>> 
>> 
>> The median household income of $84,385 made Massachusetts the third-richest 
>> state in the nation, according to new Census data.
>> 
>> https://patch.com/massachusetts/across-ma/these-are-richest-poorest-towns-massachusetts?utm_source=shared-email&utm_medium=email&utm_campaign=share
>>  
>> <https://patch.com/massachusetts/across-ma/these-are-richest-poorest-towns-massachusetts?utm_source=shared-email&utm_medium=email&utm_campaign=share>
>>  
>> 
>> ------
>> Sara Mattes
>> 
>> 
>> 
>> 
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> [email protected] <mailto:[email protected]> / (781) 856-8686
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