Submitted by Legal-Replacement983 t3_z7jbf9 in boston
With the new green line stations opening in the next month, I'm curious how many people from Summerville / Medford are concerned about the prospect of things becoming too expensive for you.
Submitted by Legal-Replacement983 t3_z7jbf9 in boston
With the new green line stations opening in the next month, I'm curious how many people from Summerville / Medford are concerned about the prospect of things becoming too expensive for you.
OP isn't the first or only one to make that mistake, like the time the state put up a 'Entering Somervile' sign on Rt 16/Alewife Brook Pkwy near Mass Ave,
Lol I know how to spell it but I use the microphone on my phone to type so sometimes it doesn't come out right and I don't correct it lol
I'm from Revere btw
Rev-hear? OK, makes sense.
Yeah lol
I think that ship left the station from Medford and Somerville quite some time ago already. It’s a concern in general, but for other places these days more than there.
That process kicked off 10 years ago when the extension was announced.
Something like 20 years ago
12 years ago I lived on the Medford/Somerville border and it was cheap and we had an incredible apartment. Maybe that was the beginning of the end
I did as well two blocks up from Union Square. Massive 2br for 1500.
I moved to Stoneham from Somerville to avoid the gentrification and it instantly became a bad idea. I’m f**ked. There’s no trains here, just one bus. But horrible rent and houses that are 600,000 minimum. I need to be 1000 miles from this situation.
Wilmington Delaware is very affordable and has decent Transit lol
It's needs to be farther....they said 1000 miles not 350
https://www.distance-cities.com/distance-stoneham-ma-to-wilmington-de
1000 was just an exaggeration
The green line access in those locations has been priced in for some time.
With regards to gentrification, the market will simply have to adjust to pay enough so the low skill workers can afford to live close enough to the city.
I saw people including it as a factor in rent prices at least as far back as 2012.
Wait until you hear about what Southie was like.
I'm more worried about the lasting effects of the recent invasion of Iraq, what are Bush and Cheney thinking?
Subtle. Too subtle for most of the people in this sub.
I do it for me!
the irony is that all the nimbys that fought density re zoning, t extension and everything else that might slightly upend the status quo because it would supposedly drive DOWN the property values are now the ones complaining about the opposite. it's kinda funny but not in a haha way
Did Ronald Reagan write this?
The real question is, is gentrification a bad thing, and if you think so, why? You highlight the new green line stations opening as a driver of gentrification, but why is that a bad thing?
Gentrification isn't inherently a bad thing. The problem is, we're not building enough housing to keep up with demand so it's viewed as a bad thing.
I was in union sq a few weeks ago which is the first open new green line stop. It's probably not enough, but they're building a fuck ton of housing there
We'll know it's enough when rent drops
It's both a good thing and a bad thing and overall I'm excited about it, but I think the gentrification part is a bad side effect because it drives away the people that already live there.
I hope it makes its way to Lynn so that city isn’t such a dump
Lmao I hate that city.
I own in Malden so I'm not really worried about getting priced out by rising prices.
However, I own in Malden because I got priced out of buying in Somerville 6 years ago.
Damn... Do you find that there are any disadvantages to living in Malden as opposed to Somerville?
Nightlife/restaurants are on average better in Somerville. Malden is a bit older/more family friendly. Somerville is a bit denser/more walkable than Malden.
As someone in Medford, it’s definitely on my mind. The thing is there’s not much left in terms of going out further - further out, the apartment situation is less options/demand pricing so rent doesn’t sound like it’ll be that much better.
We’re all kind of screwed.
“Becoming,” ha.
Gentrification isn’t bad
It's depressing that the housing market is so bad that people are starting to see MBTA extensions as bad things.
I agree. Personally I'm excited for the GLX, but the housing affordability crisis is insane.
40 years ago people fought off MBTA extensions because they didn't want poor people to be able to take the train to their neighborhood. I think people just hate transit.
I moved to Somerville about 10 years ago and condo prices are about 100% higher than they were then. Rents up closer to 75%. It has definitely already gotten more expensive.
From a price perspective, I think it’s baked in for the most part. From a rent perspective, it’ll probably keep being baked in over a year or so following the opening of the Medford branch.
Honestly everything is so expensive already, that at this point, all that’s left is the benefit of the green line. The costs are already here. Then we’ll see how the green line changes the neighborhood and how that impacts costs.
I suppose not needing to have a car, or having to rely on one much less would definitely help with the household economics. Thoughts?
It sucks. Poorer people will forever be shuffling around. No matter where they go, some jackasses will find it.
My best bud lives near the NH border and he’s paying what I do. It’s inescapable. Clown world
I own a house in Medford, so rising property values are a plus for me. To be honest, I am one of the gentry.
Here’s hoping they fall before you get ready to sell.
yacht_boy t1_iy7ykad wrote
If you are so new to town you can't even spell it properly, you might be part of the problem.