I was looking at the $700k plus “starting price” townhouse in the other link
Sent from Yahoo Mail for iPhone On Monday, April 25, 2022, 4:27 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]> wrote: Yes, that is definitely well into upper middle class territory…. Sent from Yahoo Mail for iPhone On Monday, April 25, 2022, 4:20 PM, Ted Chan <[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 On Mon, Apr 25, 2022 at 4:01 PM Sara Mattes <[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]> 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/ (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]> 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 ------ Sara Mattes -- The LincolnTalk mailing list. To post, send mail to [email protected]. Search the archives at http://lincoln.2330058.n4.nabble.com/. Browse the archives at https://pairlist9.pair.net/mailman/private/lincoln/. Change your subscription settings at https://pairlist9.pair.net/mailman/listinfo/lincoln. <Screen Shot 2022-04-25 at 3.53.45 PM.png> -- The LincolnTalk mailing list. To post, send mail to [email protected]. Search the archives at http://lincoln.2330058.n4.nabble.com/. Browse the archives at https://pairlist9.pair.net/mailman/private/lincoln/. Change your subscription settings at https://pairlist9.pair.net/mailman/listinfo/lincoln. -- Ted Chan [email protected] / (781) 856-8686 -- The LincolnTalk mailing list. To post, send mail to [email protected]. Search the archives at http://lincoln.2330058.n4.nabble.com/. Browse the archives at https://pairlist9.pair.net/mailman/private/lincoln/. Change your subscription settings at https://pairlist9.pair.net/mailman/listinfo/lincoln. -- The LincolnTalk mailing list. To post, send mail to [email protected]. Search the archives at http://lincoln.2330058.n4.nabble.com/. Browse the archives at https://pairlist9.pair.net/mailman/private/lincoln/. Change your subscription settings at https://pairlist9.pair.net/mailman/listinfo/lincoln.
-- The LincolnTalk mailing list. To post, send mail to [email protected]. Search the archives at http://lincoln.2330058.n4.nabble.com/. Browse the archives at https://pairlist9.pair.net/mailman/private/lincoln/. Change your subscription settings at https://pairlist9.pair.net/mailman/listinfo/lincoln.
