this is an irresistable UK spoof of the madness song "our house" from the oh-so brilliant and sorely missed spitting image. i included the lyrics for the sake of clarity.
i know it's about the housing market across the pond, but the situation is basically the same as what we're experiencing here. the economic/financial situations in each country all over the world are more interconnected than we realize.
one world government, anyone?
Dad believed what Maggie said
Get a mortgage buy a home
So dad took out a great big loan
For a while there we were chuffed
Now the market has collapsed
And we're absolutely stuffed
Our house, in the middle of a slump
Our house, no one wants to buy this dump
Dad is desperate to sell
But now our homes worth even less
Than a pension from Maxwell
Our living room's a mess
Full of magistrates and bailiffs
Trying to repossess
Our house, in the middle of the boom
Our house, it was worth a small fortune
Our house, left us in a dreadful state
Our house, why the hell'd we decorate
We really caught a cold
Nowhere we can go to now
All the council houses have been sold
Our dads taken some stick
He's still voting Tory though
By God he must be thick
Our house, didn't work out like we planned
Our house, prices dropped by fifty grand
Our house, threw us out and changed the locks
Our house, it is now a cardboard box
Showing posts with label home ownership. Show all posts
Showing posts with label home ownership. Show all posts
Wednesday, June 25, 2008
Tuesday, June 03, 2008
gentrify, testify
there's been a massive amount of construction in my building. a commercial development company bought all of the buildings on my side of the street, and although the rumor is that they'll flip the buildings and turn them into condos when the vacancy limit is reached, others say that it's more of a moneymaker to continue renovating each apartment as it becomes vacant and jacking up the rent to match whatever they're paying downtown. they've even put up green awnings at each entrance with the address and this really silly, pretentious name: the westbourne.
what's especially sad is that when they renovate, every other room becomes a bedroom, for the most part, and harlem apartments were never meant to be lived in that way -- especially on the west side. the people who move into these spaces never realize that. most places have a living room, dining room and a kitchen that's large enough to sit and eat in. and the larger apartments in the front also have sun rooms or sitting rooms. even my two bedroom apartment is supposed to be a one bedroom set-up: they converted the dining room into a large bedroom and put a closet in it, then sealed off a doorway that led directly to the kitchen.
the reason why they don't have anything like that downtown is because back in the day, harlem was meant for luxurious living. the sidewalks are broader, there are malls filled with flora and fauna that divide the streets with benches to sit and chat, and the streets feel more like thoroughfares than roads. and compared to what you'd find downtown, the apartments are cavernous.
the apartments downtown were created for immigrants: small cramped situations with bathtubs in the living room and bathrooms down the hall when they weren't placed in a closet. that's the nyc in the tenement museum in the lower east side. no one gets to wander through a harlem apartment unless they're watching one of those screwball comedies from the 20s or 30s -- and when you happen upon one of those movies, with the sumptuous marble lobbies, replete with chandeliers and whatnot, you have to keep reminding yourself that its new york city that you're seeing.
watching the disparity in these movies as a kid, i always knew that i would live in a palace of an apartment in harlem. why bother with any other part of the city? and although i've had pretty standard issue places so far -- with the exception of a cavernous place on riverside drive -- they have been huge in comparison to the apartments downtown and elsewhere in the city. i still want such a place. what's bizarre is that if i stay in this building long enough and if they actually flip the building, i just might get it.
what's especially sad is that when they renovate, every other room becomes a bedroom, for the most part, and harlem apartments were never meant to be lived in that way -- especially on the west side. the people who move into these spaces never realize that. most places have a living room, dining room and a kitchen that's large enough to sit and eat in. and the larger apartments in the front also have sun rooms or sitting rooms. even my two bedroom apartment is supposed to be a one bedroom set-up: they converted the dining room into a large bedroom and put a closet in it, then sealed off a doorway that led directly to the kitchen.
the reason why they don't have anything like that downtown is because back in the day, harlem was meant for luxurious living. the sidewalks are broader, there are malls filled with flora and fauna that divide the streets with benches to sit and chat, and the streets feel more like thoroughfares than roads. and compared to what you'd find downtown, the apartments are cavernous.
the apartments downtown were created for immigrants: small cramped situations with bathtubs in the living room and bathrooms down the hall when they weren't placed in a closet. that's the nyc in the tenement museum in the lower east side. no one gets to wander through a harlem apartment unless they're watching one of those screwball comedies from the 20s or 30s -- and when you happen upon one of those movies, with the sumptuous marble lobbies, replete with chandeliers and whatnot, you have to keep reminding yourself that its new york city that you're seeing.
watching the disparity in these movies as a kid, i always knew that i would live in a palace of an apartment in harlem. why bother with any other part of the city? and although i've had pretty standard issue places so far -- with the exception of a cavernous place on riverside drive -- they have been huge in comparison to the apartments downtown and elsewhere in the city. i still want such a place. what's bizarre is that if i stay in this building long enough and if they actually flip the building, i just might get it.
Sunday, June 01, 2008
a home is a house
i decided to do the NaBloPoMo this month. the theme is home. i'm not sure how i'll riff on it, but i'm looking forward to flexing and building some creative muscle and writing about something every day. let's see what develops.
serendipitous thing. whilst wandering through the philadelphia museum of art this weekend during a fun jaunt with my friend, i got lost in the gift shop and the house book by phaidon press haphazardly fell into my idle happy hands. (like i don't have enough to read already!) what a brilliant little book. it's basically 500 or so houses from all over the world in alphabetical order, based on architect/tribe/patron, with a paragraph or so of descriptive text and history on the place, along with it's name, if it has one -- like fallingwater, for example.
all of it got me to thinking about the kind of house i'd like to have someday. not that this hasn't crossed my mind lately. nyc real estate is crazy. i'd have to be a millionaire to have a house in this town, even in the ghetto i live in. the thing is, it's interesting to see how houses are a zeitgeist of the times and a reflection of the people who built/designed them.
here's the $64,000 question: what would my house look like, if i designed it? victorian opulent? buckminister efficient? german modern/minimalist? i'd definitely want something with some weight and history to it. probably one of those assemble-it-yourself sears & roebuck prefab houses from the 20s.
i've always loved frida kahlo's "blue" house, the way she and diego rivera lived together but not really -- they each had their own artist studios in the house, their own separate entrances and areas to entertain and sleep. i guess you can do that when you don't have children. and of course, like so many famous people's homes, it's a museum -- with her cremated ashes perched lovingly in her bed.
houses have their own secrets, it seems. diego rivera hid all kinds of things in trunks and sealed in rooms and whatnot throughout the blue house, not to be opened until God knows when. the benefactors/patrons/caretakers knew of these things and finally opened them a few years ago -- and it's quite the motherlode. over 30,000 pieces -- everything from books and magazines, to x-rays of her spine. now it's a museum exhibit.
he's not the only one that hid stuff. remember that drag queen dorian corey from the movie paris is burning that died a few years ago, and when they went into his apartment to collect his things, they found a dead body stuffed a trunk in his sewing room's closet? it makes you wonder how many other dead bodies are hiding in nyc apartments. makes you wonder, period.
serendipitous thing. whilst wandering through the philadelphia museum of art this weekend during a fun jaunt with my friend, i got lost in the gift shop and the house book by phaidon press haphazardly fell into my idle happy hands. (like i don't have enough to read already!) what a brilliant little book. it's basically 500 or so houses from all over the world in alphabetical order, based on architect/tribe/patron, with a paragraph or so of descriptive text and history on the place, along with it's name, if it has one -- like fallingwater, for example.
all of it got me to thinking about the kind of house i'd like to have someday. not that this hasn't crossed my mind lately. nyc real estate is crazy. i'd have to be a millionaire to have a house in this town, even in the ghetto i live in. the thing is, it's interesting to see how houses are a zeitgeist of the times and a reflection of the people who built/designed them.
here's the $64,000 question: what would my house look like, if i designed it? victorian opulent? buckminister efficient? german modern/minimalist? i'd definitely want something with some weight and history to it. probably one of those assemble-it-yourself sears & roebuck prefab houses from the 20s.
i've always loved frida kahlo's "blue" house, the way she and diego rivera lived together but not really -- they each had their own artist studios in the house, their own separate entrances and areas to entertain and sleep. i guess you can do that when you don't have children. and of course, like so many famous people's homes, it's a museum -- with her cremated ashes perched lovingly in her bed.
houses have their own secrets, it seems. diego rivera hid all kinds of things in trunks and sealed in rooms and whatnot throughout the blue house, not to be opened until God knows when. the benefactors/patrons/caretakers knew of these things and finally opened them a few years ago -- and it's quite the motherlode. over 30,000 pieces -- everything from books and magazines, to x-rays of her spine. now it's a museum exhibit.
he's not the only one that hid stuff. remember that drag queen dorian corey from the movie paris is burning that died a few years ago, and when they went into his apartment to collect his things, they found a dead body stuffed a trunk in his sewing room's closet? it makes you wonder how many other dead bodies are hiding in nyc apartments. makes you wonder, period.
Wednesday, November 15, 2006
Racial Divide Still Evident
okay, maybe it's me. maybe i'm the only black woman out here that's a single college graduate with no kids that happens to earn as much if not more than the median white income level in this country, according to the latest census reports. but i don't think so. i think there's a jillion of us. so where are our stats?
who knows what my life would be like if i left new york city. let's face it: my rent is a mortgage payment. that's the next step: home ownership. or maybe graduate school. hm. let's see which one comes first.
-----------------------------------------------------------------------------
Racial divide still evident
Blacks, Hispanics lag behind in education, income levels
Tuesday, November 14, 2006
By STEPHEN OHLEMACHER
of The Associated PressWASHINGTON, D.C. -
Decades after the civil rights movement, racial disparities in income, education and home ownership persist and, by some measurements, are growing.
White households had incomes that were two-thirds higher than blacks and 40 percent higher than Hispanics last year, according to data released today by the Census Bureau. White adults were also more likely than black and Hispanic adults to have college degrees and to own their own homes. They were less likely to live in poverty.
"Race is so associated with class in the United States that it may not be direct discrimination, but it still matters indirectly," said Dalton Conley, a sociology professor at New York University and the author of "Being Black, Living in the Red."
"It doesn't mean it's any less powerful just because it's indirect," he said.
Home ownership grew among white middle-class families after World War II when access to credit and government programs made buying houses affordable. Black families were largely left out because of discrimination, and the effects are still being felt today, said Lance Freeman, assistant professor of urban planning at Columbia University and author of "There Goes the 'Hood."
Home ownership creates wealth, which enables families to live in good neighborhoods with good schools. It also helps families finance college, which leads to better-paying jobs, perpetuating the cycle, Freeman said.
"If your parents own their own home, they can leave it to you when they pass on or they can use the equity to help you with a down payment on yours," Freeman said.
Three-fourths of white households owned their homes in 2005, compared with 46 percent of black households and 48 percent of Hispanic households. Home ownership is near an all-time high in the United States, but racial gaps have increased in the past 25 years.
Asian Americans, on average, have higher incomes and education levels than whites. However, they have higher poverty rates and lower home ownership rates.
The Census Bureau released 2005 racial data on incomes, education levels, home ownership rates and poverty rates today. The data are from the American Community Survey, the bureau's new annual survey of 3 million households nationwide. The Associated Press compared the figures with census data from 1980, 1990 and 2000.
Among the findings:
who knows what my life would be like if i left new york city. let's face it: my rent is a mortgage payment. that's the next step: home ownership. or maybe graduate school. hm. let's see which one comes first.
-----------------------------------------------------------------------------
Racial divide still evident
Blacks, Hispanics lag behind in education, income levels
Tuesday, November 14, 2006
By STEPHEN OHLEMACHER
of The Associated PressWASHINGTON, D.C. -
Decades after the civil rights movement, racial disparities in income, education and home ownership persist and, by some measurements, are growing.
White households had incomes that were two-thirds higher than blacks and 40 percent higher than Hispanics last year, according to data released today by the Census Bureau. White adults were also more likely than black and Hispanic adults to have college degrees and to own their own homes. They were less likely to live in poverty.
"Race is so associated with class in the United States that it may not be direct discrimination, but it still matters indirectly," said Dalton Conley, a sociology professor at New York University and the author of "Being Black, Living in the Red."
"It doesn't mean it's any less powerful just because it's indirect," he said.
Home ownership grew among white middle-class families after World War II when access to credit and government programs made buying houses affordable. Black families were largely left out because of discrimination, and the effects are still being felt today, said Lance Freeman, assistant professor of urban planning at Columbia University and author of "There Goes the 'Hood."
Home ownership creates wealth, which enables families to live in good neighborhoods with good schools. It also helps families finance college, which leads to better-paying jobs, perpetuating the cycle, Freeman said.
"If your parents own their own home, they can leave it to you when they pass on or they can use the equity to help you with a down payment on yours," Freeman said.
Three-fourths of white households owned their homes in 2005, compared with 46 percent of black households and 48 percent of Hispanic households. Home ownership is near an all-time high in the United States, but racial gaps have increased in the past 25 years.
Asian Americans, on average, have higher incomes and education levels than whites. However, they have higher poverty rates and lower home ownership rates.
The Census Bureau released 2005 racial data on incomes, education levels, home ownership rates and poverty rates today. The data are from the American Community Survey, the bureau's new annual survey of 3 million households nationwide. The Associated Press compared the figures with census data from 1980, 1990 and 2000.
Among the findings:
- Black adults have narrowed the gap with white adults in earning high school diplomas, but the gap has widened for college degrees. Thirty percent of white adults had at least a bachelor's degree in 2005, while 17 percent of black adults and 12 percent of Hispanic adults had degrees.
- Forty-nine percent of Asian Americans had at least a bachelor's degree in 2005.
- The median income for white households was $50,622 last year. It was $30,939 for black households, $36,278 for Hispanic households and $60,367 for Asian households.
- Median income for black households has stayed about 60 percent of the income for white households since 1980. In dollar terms, the gap has grown from $18,123 to $19,683.
- Hispanic households made about 76 percent as much as white households in 1980. In 2005, it was 72 percent.
- The gap in poverty rates has narrowed since 1980, but it remains substantial. The poverty rate for white residents was 8.3 percent on 2005. It was 24.9 percent for black residents, 21.8 percent for Hispanic residents and 11.1 percent for Asian residents.
Thomas Shapiro, professor of law and social policy at Brandeis University, said the "easiest answer" to narrowing racial gaps is to promote home ownership, which would help minority families accumulate wealth.
"The wealth gap is not just a story of merit and achievement, it's also a story of the historical legacy of race in the United Sates," said Shapiro, author of "The Hidden Cost of Being African American."
Shelton, of the NAACP, called for more funding for preschool programs such as Head Start, improving public schools and making college more affordable.
"Income should not be a significant determining factor whether someone should have an opportunity to go to college," Shelton said.
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