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Lexington Place condos open their doors

 
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news



Joined: 14 Jul 2007
Posts: 0
Location: Greater Boston
PostPosted: Thu May 28, 2009 1:03 pm GMT    Post subject: Lexington Place condos open their doors Reply with quote
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Description: Lexington Place condos open their doors
URL: http://www.wickedlocal.com/lexington/news/x726816112/Lexington-Place-condos-open ...truncated...
Info/Broken?: http://www.bostonbubble.com/link_info.php?id=2382

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balor123



Joined: 08 Mar 2008
Posts: 1204
PostPosted: Thu May 28, 2009 2:39 pm GMT    Post subject: Reply with quote
I understand the purpose of affordable housing and agree that we need to have it in places. What I don't understand is why those units have to be the same as the ones people are paying $700k for. I don't qualify for the affordable units and I can't afford the market price for the non-affordable ones. Is their goal really to make sure that only poor and wealthy people can afford housing?
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JCK



Joined: 15 Feb 2007
Posts: 559
PostPosted: Thu May 28, 2009 4:59 pm GMT    Post subject: Reply with quote
Towns like Lexington don't want middle class housing; God forbid that people with kids move into town and crowd up their school system. Only rich people (and enough affordable housing to comply with state law) need apply.

I really think tax base and school concerns drive many of these problems.
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balor123



Joined: 08 Mar 2008
Posts: 1204
PostPosted: Fri May 29, 2009 12:41 am GMT    Post subject: Reply with quote
So why don't they just raise taxes then? Oh right that would hurt home values.
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