$1500+utilities+car payment+cell phone+insurance+gas+food+overpriced craft beer+student loans=broke.
Long term living like this for young people very difficult to save for anything. Live with parents or room up in a trailer in Moncure.
That unit is $3500 in NYC so still makes a lot of sense to many.
Not sure why we’re pretending that $1500 rent is some extravagance in 2023.
Yeah, rental prices everywhere are getting ridiculous relative to where they once were, but the underlying point is valid. It’s going to be tough for folks with limited discretionary income to ever get ahead with costs soaring.
Less savings and 7% mortgage interest rates to go with high prices for starter homes will keep them in those expensive apartments.
NYC more opportunities in lot of people’s minds. True or not
Is renting a single wide in Moncure really your solution to over priced craft beer and high rents? Come on man, I can’t tell if we are supposed to take this seriously.
Everything on this list is pretty much required by today’s society except the overpriced craft beer.
Now if we just had some good, reliable public transit, car payment and gas could be eliminated.
Healthcare and out of control higher education costs are 2 more big areas the country can’t seem to be able to solve. But that would eliminate 2 more on your list.
Wouldn’t that be something…
((Because to the vast majority of us, it most definitely still is. It’s an insane price for a bedroom with a toilet in it.))
Yeah, you can remove that car payment and all associated costs with it (huge), NYC apartments often include many utilities with rent, and then there’s the whole “everything you could ever possibly want or need is a brisk stroll down the street” thing with NY hahaha.
I saw on NOCO Beverage’s fb that they are beginning to break ground/do some construction on their new place out here.
Anyone heard of a plan for Scales Townhomes at 1424 Scales St.? An ‘11 lot subdivision.’ Currently, there’s an oldish brick apartment building there (can’t tell how many units).
iMAPS shows 4 units on a 0.71-acre parcel.
EDIT: Constructed 1959 (63 years ago)
It is a pretty big parcel for just one 2-story building. It’s an interesting spot – next door there are a few 1-story apartments behind an old bungalow.
Used to live in that bungalow with a few housemates in my mid-20s. Good times. It’s surprisingly big due to an add-on to the original. The units behind always had some interesting characters coming and going, although I’m sure that may be a different story today.
Five Points / Midtown
The Ratchford Dr rezoning had me thinking of the potential to connect this whole area. This area is roughly 1 sq mi, so roughly the size of downtown or even slightly bigger. A lot of potential to add density in a pretty geographic center of the city.
Six Forks Capital
Ratchford Wake Towne Drive (which is also supposed to connect to Barrett Dr and bridge over 440) (Also might need to lower the railroad tracks a few feet to make the elevations work for a bridge at this crossing)
Industrial Dr Mills ((possible to Whitaker Mill through East End Market?)
Whitaker Mill Peden Steel
Capital / Crabtree Blvd
@anon8787296 y’all need to hire Mike as a consultant, I’m serious.
An entrance from the gateway plaza side would be amazing and probably be the least scary way to bike there, even with crossing Capital BLVD.
I live East of Gateway Plaza and would love to be able to bike to the Iron Works, but it is really surprisingly unfriendly and inconvenient to get too. The Greenway is sooooo close but no good connection. The bridge over Crabtree Creek on Atlantic has zero non car space.
The entire connectivity in this area is crap. From cars to biking and pedestrians. There is not a good way to get from Mordecai / WF road to 5 pts/ iron works or even up near Wegmans.
There was a midtown master plan done a few years ago. But I think it covers the area to the east more. Not sure it covers this area.