Back to Real Estate

Affordable Housing in Walton County

Sally avatar
Beach Fanatic
10,458 views
Walton Sun:

As the value of real estate skyrockets in the Panhandle, ?affordable housing? has become a buzzword in Walton and neighboring counties.
?We?re not talking
about teachers and police officers,? Executive Director of Walton County Housing Ingrid Burmeister said. ?It?s those working at McDonald?s or the elderly.?
?Affordable housing? is often defined as not costing the occupant more than 30 percent of his or her total income. For someone making $10 an hour, that would equal roughly $480.
Housing and Urban Development attempts to make housing affordable for those on low or reduced incomes through vouchers. Approximately 60 HUD vouchers have been given to Walton County residents that have yet to be used.
The rental seekers can?t find anything because so many rental properties have been taken off the market, Burmeister said. ?Landlords are just selling their units.?
Angella, who asked her last name not be used, is a single mother working towards a degree. Without assistance from HUD she couldn?t afford to live in Walton County.
?It?s getting more expensive. If it weren?t for HUD, I wouldn?t be able to pay the bills,? Angella said.
Walton County?s housing problem is ?not unique,? since housing around the country is rising. However, the problem generally occurs in large metropolitan areas, HUD spokesperson Donna White said.
To help alleviate the problem locally, the Walton County Board of Commissioners voted to pursue the purchase of state land to provide workforce housing.
The BCC?s approval was necessary for the Walton Community Development Corporation, a non-profit organization, to begin negotiating the purchase of state land to create a community land trust, Chairman Joe Burton said.
?We?re structured to work with local and state to make this a reality,? he said.
Seven lots listed located north of 393 and a 10-acre parcel off of J.D. Miller Road are currently being investigated. The land tracts are not contiguous with any state park lands, Burton said.
Many within the county are concerned that a lack of affordable housing may thwart Walton County?s economic growth.
?If we can?t find housing that?s attainable, then we?re going to be severely limited to what we can do in the future,? Commissioner Cindy Meadows said.
?A lack of employees is linked to affordable housing,? Burton said.
Groups continue to discuss affordable housing, but ?I don?t know where those homes are at,? Commissioner Kenneth Pridgen said. ?How can a medium income family find a home??
?It?s an issue we?ve got to deal with,? Meadows said. ?I think we?re at the critical stage now.?

Replies

61
30A Skunkape avatar
Skunky
#53
You forgot the *.....

*other 7 parts sold separately.


.

That was implied by the ' ;-) '
SHELLY avatar
SoWal Insider
#54
Shelly, sounds like you're a potential buyer! I'll give you the special naysayer's preconstruction price.


If I was a potential buyer, you'd already have my business card with my price on the reverse. :cool:


.
SHELLY avatar
SoWal Insider
#55
pre bubble housing in walton was still to high for your average service worker...

Let's put it this way....present service-worker wages haven't increased much from pre-bubble times. But pre-bubble, their wages could buy a heck of a lot more gas & food and they paid out far less in housing, taxes and insurance. So many more could, and did, live in the area until developers bought up land and pushed them further and further north.

.

Edited

Camp Creek Kid avatar
Christini Zambini
#56
I don't understand why anyone would build more homes right now...the big problem with this market is the overbuilding and huge inventory...and, this price point seems high for the "affordable" definition..:idontno: The truth is very little is selling, no matter what the price.
What am I missing here?


Certain price points are still selling just fine, just not at the "boom" levels. The huge inventory is in the higher price ranges, but there is very little well-built inventory that is below $200,000--anywhere in Walton County.
Beach Fanatic
#57
but shelley if they were already here as "owners" the the boom by developers should not have affected them as much as the insurance debacle or price of :blink:gas and food...heck if cost of living goes up much more there will be a whole lot of people besides service workers who can't afford to live here...also don't forget about the less expensive housing available east and west of us in the older neighborhoods of bay okaloosa santa rosa...besides home ownership is overated as any good bartender knows...
SHELLY avatar
SoWal Insider
#58
...also don't forget about the less expensive housing available east and west of us in the older neighborhoods of bay okaloosa santa rosa......


Not to mention housing available North of us like Georgia, SC and Tenn?

In addition to the Romanian waiters, Polish lifeguards, and Mexican maids, I've heard they are now shipping in teachers from the Phillipines to take jobs in cities whose teacher's wages can't attract American workers. All SoWal will then need to do is to deputize the "Beach Gastapo" and the transformation will be complete.

.
Beach Fanatic
#59
shelly you are starting to sound like someone who doesn't believe the melt down is imminent...in your favorite scenario things will be even cheaper next year and the next and the next...

Edited

NotDeadYet avatar
Beach Fanatic
#60
What is all the fuss about? Here is a Watercolor condo for 155k
I'll take two! :funn::funn:
Bobby J avatar
Beach Fanatic
#61
pre bubble housing in Walton was still to high for your average service worker...

Good point. It has always been a little high to live in paradise. If you want white sand, emerald green water, excellent elevations, miles and miles of state land to hike through, some of the best fishing in the world, world class shopping, and cool SoWallers you make it happen. ;-) We have been doing it for close to 30 years and the bubble has really been the only time it has been easy to live here. So in my 30 years I have had it easy maybe 4 years, but I have surfed, fished and lived a life most folks only dream of. I will continue to pay the price as long as the Gulf stays put. Its what the folks that want to live here do. BTW, I checked an hour ago and the gulf was still there.
SHELLY avatar
SoWal Insider
#62
shelly you are starting to sound like someone who doesn't believe the melt down is imminent...in your favorite scenario things will be even cheaper next year and the next and the next...

Economic meltdown is no longer imminent...it has started. What's going to happen? Recession, inflation, deflation, stagflation, reindestagflation :idontno:

.

Checking your forum account

Please wait while we verify your forum account.