Well I never kept a dollar past sunset,
It always burned a hole in my pants.
Never made a school mama happy,
Never blew a second chance, oh no
Between the oppressive heat, the inability to escape it anywhere in LIC via shade cover, the lack of fireworks, and no G train, there might seem to be a pall being cast over Long Island City. Worst of all, our local news is pretty much a rehash this week. But let’s face it, all those TF Cornerstone apartments aren’t flying out the door for no reason. That reason might very well be captured in the cover article in this past Sunday’s New York Times real estate section entitled “Homeownership, the Key to Happiness?” Basically, it can be summed up by the Beatles refrain “Money Can’t Buy You Love.” or you may choose a direct quote from the article itself:
“The reality of maintenance and repairs, and being ‘house rich but cash poor,’ can negate much of the perceived happiness people may have had about homeownership,”
So then, what does make people happy when it comes to where they live? That too can best be summed up with a direct quote from the article:
Moving farther inland would have meant a larger place for less money, but a much longer commute. “I can spend my time biking rather than driving to work,” she said. “That changes the way I use my time.”
By now you might be thinking “Wait a minute, didn’t I already read an insightful story that came to the same conclusion several months ago?” Yes readers you did, right here at LICtalk.
Whichever article you did read first, just keep in mind the moral of the story: Be wary of more space in the ‘burbs, it may not be worth the trade-off.
Homeownership, the Key to Happiness? – channeling LICtalk
Affordable Housing in LIC? Many Residents Say Not at All – griping about rents, LIC’s national pastime …for which there is no All-Star game
MoMA PS1 Gets Expansion Funding – what do I need to do to secure $3 mil for more space? Ok, how about 10 bucks a month for bike storage?
More Afternoon Service for Da G Train? – “These recommendations will allow the G to keep pace with skyrocketing growth in Brooklyn and Queens”
Doe Fund Will Start Cleaning Streets In Hunters Point – 3 mil for MoMA PS1, and now JVB secures 65K for street cleaning
A Councilman Wants Koch’s Name Removed from the Queensborough Bridge – there’s a reason this story is last …yawn