Thursday, April 25, 2019

Kansas City Housing Crisis Coming Soon???

Quick indication that this "selling season" is probably going to be a bust as local stay put:

"Not unlike the rest of the country, while the population is increasing, albeit modestly, new housing is going in the opposite direction."

Read more:

K.C. Housing Starts Don't Match Population Growth

By Ian Ritter The numbers of residents in the major counties of the Kansas City Metropolitan Area have steadily increased over the past few years, but the same can't be said for new housing stock where they live, according to two recent U.S. Census reports.

17 comments:

Anonymous said...

Developers have overpriced the market, property taxes have went up, insurance has went up, making renting more and more attractive.

Anonymous said...

But I thought people were fleeing KC???!!!! What happened?? I mean there's SOOO much crime!!! SOOO much shitty service!! You mean to tell me the population is increasing???? Oh no!!! We have a narrative here?? This goes against us?? Oh no!

Anonymous said...

Much affordable housing in the east side.

Anonymous said...

Ah everyone's favorite friend The Reece Nichols Gentrification and Displacement Cartel..


Grip Madlock said...

Affordable as in abandoned and condemned?

Anonymous said...

@9:00 getting hysterical over KCMO's 0.035% population growth estimate.

Whooptie Doo!

Anonymous said...

^^^^ Good point

Anonymous said...

Tony Botello is right, don't ever move out of your mom's basement!!!

Anonymous said...

Don't know where the Census Bureau got their data (from Reese Nichols?), but the entire estimated KC Metro population growth could easily be housed in either of the two "Mushroom Villages" being build along Ambassador Drive and Green Hills Road near KCI, and they're clearing ground for to more just like them.

The only problems are stated in @8:37's post, the "Developers" are asking $300,000 for a $75,000house, and $1200/mo for a $500 Apartment.

Retro ROCKER said...

10:29, is on the Money. Despite the Few Bad guys The Metro is still a Good place to be There are many City's in the U.S.That are the Pits. Many are moving to The Metro from other City's .

Anonymous said...

There's no homes being built and the populations is increasing. Simple math.

There's no financial reason for developers to build 1000-1500 sq ft houses that are the bread and butter of families. That's why new construction these days is limited to 400k+ homes and large condo complexes. Home prices will continue to go up for a long long time

Anonymous said...

9:00: The article covers the metro area, not just the city. If you read it, you will see Jackson County increased by 0.37% (2,587 people), and that's the county, not just the part of KC that lies in the county. The largest increase was in Platte County at 13.3%, and again that was the county, not just the part of KC that lies in Platte County. If I did my math correctly, that would mean Platte County went from 90,895 people to 102,985, which certainly does not make it a megalopolis. Sometimes it's best to read before commenting.

Anonymous said...

I swore I read an article within the last week saying we were losing population, is this some fuzzy math fake news to get people to think were growing instead of shrinking? I think so, fake news.

Anonymous said...

^^^^^Don't know about last week's article, but it's possible the area is gaining population while the city is losing people.

Anonymous said...

have went up
has went up

Jesus

Anonymous said...

There are many City's in the U.S.That are the Pits. Many are moving to The Metro from other City's

Try "cities".

Jesus

Anonymous said...

Anonymous said...
There's no homes being built and the populations is increasing. Simple math.

There's no financial reason for developers


There ARE no homes

Jesus