Working class neighborhood

[Renee Healion]

They knew how to get under your skin, OSU.

Maybe they were tuning up for Porchfest
https://www.courant.com/ctnow/music...190819-ur2d5ewagjbm3izx2psaaozwce-story.html?

 

[OSU Beavers]

They knew how to get under your skin, OSU.

Maybe they were tuning up for Porchfest
https://www.courant.com/ctnow/music...190819-ur2d5ewagjbm3izx2psaaozwce-story.html?

Nah, at first I thought "Oh they are just locking their car. Why would anyone want to steal those broken down, rusted out ****boxes?" I just checked that my tools were in place and carried on.

 

[Bob Ipock]

"Working class neighborhood" a good descriptor of entry level homes and the two job buyers who have purchased them.

Well the other day I was in what could best be described as a "NON-Working" class neighborhood. I have never seen so many able bodied adults sitting on their porches in the middle of a week day.

Must be third shift workers.

 

[ucbruin]

It's obvious why fair lending laws were created....

But can't always be made to follow....

But can't blame anyone for feeling uncomfortable in certain situations....

 

[glenn walker]

"Working class neighborhood" a good descriptor of entry level homes and the two job buyers who have purchased them.

Well the other day I was in what could best be described as a "NON-Working" class neighborhood. I have never seen so many able bodied adults sitting on their porches in the middle of a week day.

CAN and the PC Police made me delete this

 

[CANative]

We call those ghettos

Do you call them ghettos in your appraisal reports?

 

[glenn walker]

Do you call them ghettos in your appraisal reports?

No that denotes a bia's : Below is a kinder, gentler and more PC way of describing those neighborhoods :

The immediate neighborhood and community known is locally known as Eagle-Rocker and is transitioning and this is due to gentrification. The area is also currently showing significant signs of upper mobility. The availability of neighborhood amenities, such as playgrounds, community centers, and libraries, provides both adults and children with opportunities for recreation, education, employment centers and socializing without going to far from home.

 

[CANative]

But it's still a "ghetto" in your mind. That's fine as long as you don't allow it to bias your opinions and conclusions.

This thread got started of on the wrong foot (IMO.)

Maybe we should consider “working class neighborhoods” and their occupants like the caste system of India where the four classes were the Brahmins (priestly people), the Kshatriyas (also called Rajanyas, who were rulers, administrators and warriors), the Vaishyas (artisans, merchants, tradesmen and farmers), and Shudras (labouring classes).

Or perhaps the social classes of the Renaissance which were composed of four social classes: the nobles, the merchants, the tradesmen and the unskilled workers.

What the original post is discussing is the economic component of property appraisal.

Here is how HUD explains it. From Chapters 3 and 4 of the old 4150.2

Relation of Ownership Expense to Family Incomes. Families usually select homes in neighborhoods where typical occupants have financial means similar to their own. A home that is too costly for these families to purchase or maintain will have limited marketability.

Consider neighborhood and other external factors that influence property value, including real estate and non-real estate influences. For example, when most of the neighborhood's residents are employed by one major employer who is relocating out of the region, the neighborhood may experience a decline in values. The term "non-real estate influenced", however, must never include racial composition.

I know, I know. This is not about race. But there is a clear bias of thought or perception that is not appropriate for an appraiser (posting on a social platform for appraisers and appraisal issues.)

 

[Renee Healion]

I stopped saying "gentrification" in reports. Kind of a pissy word anyway. There are other ways of talking about trends.

 

[glenn walker]

But it's still a "ghetto" in your mind. That's fine as long as you don't allow it to bias your opinions and conclusions.

This thread got started of on the wrong foot (IMO.)

Maybe we should consider “working class neighborhoods” and their occupants like the caste system of India where the four classes were the Brahmins (priestly people), the Kshatriyas (also called Rajanyas, who were rulers, administrators and warriors), the Vaishyas (artisans, merchants, tradesmen and farmers), and Shudras (labouring classes).

Or perhaps the social classes of the Renaissance which were composed of four social classes: the nobles, the merchants, the tradesmen and the unskilled workers.

What the original post is discussing is the economic component of property appraisal.

Here is how HUD explains it. From Chapters 3 and 4 of the old 4150.2

Relation of Ownership Expense to Family Incomes. Families usually select homes in neighborhoods where typical occupants have financial means similar to their own. A home that is too costly for these families to purchase or maintain will have limited marketability.

Consider neighborhood and other external factors that influence property value, including real estate and non-real estate influences. For example, when most of the neighborhood's residents are employed by one major employer who is relocating out of the region, the neighborhood may experience a decline in values. The term "non-real estate influenced", however, must never include racial composition.

I know, I know. This is not about race. But there is a clear bias of thought or perception that is not appropriate for an appraiser (posting on a social platform for appraisers and appraisal issues.)

But it's still a "ghetto" in your mind. That's fine as long as you don't allow it to bias your opinions and conclusions.

This thread got started of on the wrong foot (IMO.)

Maybe we should consider “working class neighborhoods” and their occupants like the caste system of India where the four classes were the Brahmins (priestly people), the Kshatriyas (also called Rajanyas, who were rulers, administrators and warriors), the Vaishyas (artisans, merchants, tradesmen and farmers), and Shudras (labouring classes).

Or perhaps the social classes of the Renaissance which were composed of four social classes: the nobles, the merchants, the tradesmen and the unskilled workers.

What the original post is discussing is the economic component of property appraisal.

Here is how HUD explains it. From Chapters 3 and 4 of the old 4150.2

Relation of Ownership Expense to Family Incomes. Families usually select homes in neighborhoods where typical occupants have financial means similar to their own. A home that is too costly for these families to purchase or maintain will have limited marketability.

Consider neighborhood and other external factors that influence property value, including real estate and non-real estate influences. For example, when most of the neighborhood's residents are employed by one major employer who is relocating out of the region, the neighborhood may experience a decline in values. The term "non-real estate influenced", however, must never include racial composition.

I know, I know. This is not about race. But there is a clear bias of thought or perception that is not appropriate for an appraiser (posting on a social platform for appraisers and appraisal issues.)

CAN you need to run for political office except we already have 24 dunderheads apologizing and pandering for every sin they ever committed

But it's still a "ghetto" in your mind. That's fine as long as you don't allow it to bias your opinions and conclusions.

This thread got started of on the wrong foot (IMO.)

Maybe we should consider “working class neighborhoods” and their occupants like the caste system of India where the four classes were the Brahmins (priestly people), the Kshatriyas (also called Rajanyas, who were rulers, administrators and warriors), the Vaishyas (artisans, merchants, tradesmen and farmers), and Shudras (labouring classes).

Or perhaps the social classes of the Renaissance which were composed of four social classes: the nobles, the merchants, the tradesmen and the unskilled workers.

What the original post is discussing is the economic component of property appraisal.

Here is how HUD explains it. From Chapters 3 and 4 of the old 4150.2

Relation of Ownership Expense to Family Incomes. Families usually select homes in neighborhoods where typical occupants have financial means similar to their own. A home that is too costly for these families to purchase or maintain will have limited marketability.

Consider neighborhood and other external factors that influence property value, including real estate and non-real estate influences. For example, when most of the neighborhood's residents are employed by one major employer who is relocating out of the region, the neighborhood may experience a decline in values. The term "non-real estate influenced", however, must never include racial composition.

I know, I know. This is not about race. But there is a clear bias of thought or perception that is not appropriate for an appraiser (posting on a social platform for appraisers and appraisal issues.)

"CAN" seems like you can make anything into a racial issue. The only problem is you may be suffering from that terrible thing called "White Privilege Syndrome"-- Nobody minds being chastised by a person who actually suffers or has suffered from the consequences of racial or economic bias or poverty but it's kinda hard to take from a guy like you who was raised in a Leave it to Beaver Community. Why not just take a load off your back and be less judgemental.