Margaret wrote: Vacancy increasing does not equal affordability. I agree. However, open the Sunday classifieds tomorrow. You will see 100s of ADVERTISED apartments available for under $700 and many are under $600. I have 2 bedroom apartments available for $599. Right now. Call me at 612-874-1660 for a showing.
Is $599 affordable? Well, according to HUD, 30% of the area median income is $22,590. That means (using the 30% of income can go towards housing rule) this household can afford $564.75. A tad under what I am charging right now. The points I want to make is this: - Rental housing is AVAILABLE and landlords are HUNGRY. - Affordable housing advocates seem to focus on BUILDING more homes when we already have 17,770 empty now. - What we need is a small subsidy to make EXISTING apartments affordable. - AND we need more readily available social services for the homeless with personal challenges. Regards, Bill Cullen Whittier Landlord REMINDERS: 1. Think a member has violated the rules? Email the list manager at [EMAIL PROTECTED] before continuing it on the list. 2. Don't feed the troll! Ignore obvious flame-bait. For state and national discussions see: http://e-democracy.org/discuss.html For external forums, see: http://e-democracy.org/mninteract ________________________________ Minneapolis Issues Forum - A City-focused Civic Discussion - Mn E-Democracy Post messages to: mailto:[EMAIL PROTECTED] Subscribe, Un-subscribe, etc. at: http://e-democracy.org/mpls
