- cross-posted to:
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- cross-posted to:
- [email protected]
Summary
A growing number of Americans are seeking shelter in budget motels due to rising rents and home prices, with families experiencing cramped, unstable living conditions.
In New York’s Hudson Valley, over 550 families with children lived in motels in 2023, a 21% increase from 2018.
High costs, safety concerns, and limited housing options make escaping this cycle difficult.
Advocacy groups warn motels are an unsustainable solution as housing costs outpace wages, while waitlists for subsidized housing and vouchers remain long.
I live in this area. We’ve always had an income/poverty problem. There has been an “extended stay” hotel problem for a long time. Ulster is a pretty poor county. The problem in the area is there’s very little industry that pays well. There was a big State Hospital that closed down several years back that lost jobs and pushed people with mental health issues into an already poor town’s strained social services network and guaranteeing a never ending struggle to lift the town out of poverty. IBM has a campus, but it’s steadily retracted over the last several decades. Iron Mountain is another tech business that has decent pay. There are several all inclusive resorts that cater to the wealthy ($400/night, nothing locals could afford to visit) that still pay standard service wages. The whole area survived on tourist money as the wealthy metro-area people had their second homes up in the Hudson Valley, would drive there on weekends or picturesque fall days for apple-picking, and then leave.
Then covid hit, they fled the boroughs, and bought all the available housing sending prices through the roof. Mediocre early 1900’s homes that what could be had for $200k now started at $350k and end up over $400k in same day bidding wars.
The Hudson Valley has been poor for decades. Known as a “rough area” in some cases, still is in towns like Newburgh despite the price hike in housing.
Everyone’s getting priced out, and there’s no commensurate increase in good-paying jobs to help the regular people. It also means any commute to the city takes 15-20% longer because RTO turned WFH people into commuters.
It’s shitty because there’s no benefit for locals.
Don’t forget the $8k annual tax bill that goes along with that already unaffordable house. I grew up near the area and love to visit but it’s a hard place to get by for what it is, if that makes sense
You’re not wrong. Like I said, very little good industry to make up for the CoL. I really despise how they do prop/school taxes every year. If you live south of 84 the taxes get outrageous quickly, it’s essentially a second mortgage. They’re cheaper further north…sorta, but again the big problem is that there’s no industry to tax, so the people pay it all. Closer to the metro they charge for the infrastructure and wages. No escape. I grew up in an area where taxes were cheaper and went into a slush fund and then paid out across the state, so a shared burden. Not like NY where they slap you with two big bills 2x/yr if you don’t have a mortgage. Should be monthly with autopay. F those big bills. I don’t care how long you live there, they’re still a shocker.
We were considering bidding on a 1908-build bungalow up the road here. Basement in need of re-arrangement, original electrical, pipes, ducting. So about 20% for retro on top of
C$1.51m
Our one bedroom condo has jumped from 350k to 650k assessed in under a decade. It is fucking insane.
And then there’s the mortgage on a 1.51mil house And the tax Not just the initial “buy house + reno so it’s an investment” wealth/security. Sure maybe you could save up the hundreds of thousands for a down payment
It’s just insane and as far as I see the only laws that give real relief or protection are for existing homeowners so good luck n00bs
Damn.