Thanks to
erisedsmirror, I went and looked up the Albuquerque issues that will be on the November 2 ballot:
There will be a two issues:
1) A
change in the charter. Currently
the city charter says that councilors are paid annual salaries equal to one-tenth of the annual salary received by the Mayor. The Council President shall receive double the annual salary
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Want to stop urban sprawl? Find a way to make urban living the better bang for the buck.
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Certainly. I think there's still plenty of space to infill around the city. The just built a whole complex over at Indian School and Washington.
I can't speak for buddhafiddle, but I would really like to see inexpensive homes and pricey homes living side-by-side. I think neighborhoods are healthiest when they're well mixed.
I'd much rather own a lovely, interesting, 100-year-old house in Nob Hill or down by the river, but, frankly, I don't have that kind of money.
I don't know exactly what you mean by this. Our house (100-year old house downtown) was about half the average cost of a house in the whole city. Yes, they take a while to find, but they are out there.
Not to mention, buying a small house in a new development is a much better investment than giving money to someone else's real estate mortgage every month.
I think I'd rather focus on "buying a house within the developed urban area" vs. "buying a house in a less developed area". If you compare buying to renting, there're too many factors to consider.
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...can you blame people for going somewhere that they are going to get the bigger bang for their housing buck?
Certainly not. But you could argue that you're not getting a bigger bang if you spend twice as much time in traffic. The size of the house and lot are not the only considerations in purchasing a piece of property. As they say, "location, location, location."
I found two properties in the UNM/nob hill area:
http://realtor.com/Prop/1039142334?lnksrc=00045
http://cblegacyhomes.com/PropertyDetail.asp?L=8038214
one is 1360 SF one is 1600 SF, both would have a mortgage of about $500/mo.
You were paying a rent premium where you were because it was walking distance to the university (something you didn't especially care about). If you'd looked at buying a house in a larger area around the city, I'm certain we could have found you something lovely.
I know that you're happy in your mom's house, and that there are other reasons that you moved there, but I don't think that you're really giving a fair comparison to buying a house in a more urban area of the city.
Our house would have had a mortgage of only $650, even if we'd only put down 5%.
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I realize that there are many other considerations, and that my comparision is not completely fair.
I do infact spend less time in traffic getting to and from work now than I did when I lived down by UNM even though the drive is 13 miles instead of 6, simply because I take the over used Unser/Universe route instead of Coors or I-25/I-40.
Even though Unser/Universe takes me less time than other routes at this point, both roads are over used, and unsafe for the amount of traffic they see. Universe was built by a private group, and only rated for 1/2 the traffic it currently sees. Extending Paseo to Universe will mean that it gets rebuilt as well.
In addition, I guess I'm just a bit irritated with Albuquerque and it's attitudes towards west side roads right now anyways. Albuquerque and Rio Rancho had a deal worked out to improve Golf Course from Paseo to Southern. Both cities were going to improve their sections of the road at the same time, to minimize the duration of construction on the road knowing that it is one of 2 major routes into and out of Rio Rancho. RR completed its section on time, with minimal impact to drivers on the road. Albuquerque waited for a full 6 months after RR finished it's section to even begin construction, and are now claiming that it will take a full 2 years to complete it. I know have one major route out of Rio Rancho if I want to connect with Paseo or I-25.
At this point, I am trying to figure out how to spend more of my money in Rio Rancho, or at least out of Albuqerque because the gross reciepts taxes I pay there are doing nothing to benefit me.
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I've always preferred taking Unser instead of Coors, even though it adds many miles to the trip.
Albuquerque waited for a full 6 months after RR finished it's section to even begin construction, and are now claiming that it will take a full 2 years to complete it.
Bah. Construction on roads in this city is obviously still got a lot of bad deals. There's really no excuse for the way it works. (Or, more to the point, doesn't work.)
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