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lady_guard t1_ivqt5ec wrote

Reply to comment by ItsWatney in Galloway zoning issue fails, blocking plans for development across from Sequiota Park by Cloud_Disconnected

Right, Quarry Town looks like an institution from the outside and isn't much better inside. And they start at $1150 a month. For a 1 bedroom! What on earth. I refuse to believe there is high demand in this area for luxury apartments

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Ron0919 t1_ivw6fo3 wrote

You may be surprised. Not all of us want to live in squalor and we can afford expensive apartments.

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lady_guard t1_ivwxevc wrote

Good for you, but you're in the minority. 2020 average yearly income in Springfield was $23,679. If following the guideline of paying no more than 1/3 of income toward housing, that's $592 a month not including utilities, pet rent, etc.

Also, it's not like Springfield and surrounding areas aren't already inundated with luxury apartment housing (Heer's, The Edge, Silverleaf, The Preston, Cambium, Farmers Park, Quarry Town, Township 28, Chesterfield Lofts, 60 West in Republic, etc etc etc.)

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Low_Tourist t1_ivtn9g4 wrote

The luxury apartments all have waiting lists, so someone wants to live there.

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lady_guard t1_ivuwlaw wrote

Looks like the 2 bedroom aren't. Also occupancy doesn't mean that the residents arent scraping by to pay the rent. There's a shortage of affordable housing in this area, I have many peers who are stuck renting for the time being because the affordable houses in decent neighborhoods are being bought up by investors

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