To Infinity and Beyond
That’s the way prices are going on the the new and hip downtown apartments…the 800 J Street Lofts start at $1120-that’s for a 500 sq. ft. studio…the 1801 L Street project must be even more expensive since they don’t even list the prices on the website (but there is some soothing music when you go to their homepage)…just called over there and they start at $1350 for a one bedroom (about $750 sq. ft.)…The Fremont Mews, which looks like a bad dorm to me start at about $1300 for a one-bedroom…where are all these wonderful, high-paying jobs in Sacramento that people can afford this much money in RENT (a mortgage would be understandable, but you’re really just throwing this money away)…or is Sacramento becoming a city of renters where home wonership is a thing of the past???? Well, either way, the apartments look REALLY cute and I’d love to live there, but don’t think I could justify the money. If anyone wants to donate, that’s another story…
yeah, i look on those rental rates the same way i do in the rumored bouncing methods at The Park: seriously, y’all DO realize this is still sac, right? don’t get me wrong, i don’t think we’re a crap town, but the point is we’re NOT a higher priced, higher attitude market. . . . not that those rents approach SF levels, if you compare everything appropriately. still . . .
oh - and “Freemont Mews” crack me up because it’s such an example of “hey, watch me be cool” developers using a Euro-housing term about which they CLEARLY know nothing. I have no idea WHY “mews” was the name they went with.
Here, learn about mews: http://en.wikipedia.org/wiki/Mews
There’s nothing bird-related or stable related or anything of the like related about the property, is there? Maybe if there was a British or old Indian term for “housing built on site of beloved community garden” that’d have worked . . . .
by the way: leave it to the brits to name a horse stable-sourced form of housing after a feature of a bird that would just move in to moult there - NOT anything to do with a horse or a stable. nothing is simple with those people.
Don’t get me started on what you have to pay for the priviledge of living above the R Street Safeway–I think those places are closer to $2000 a month. And for what? The gentle gonging of the light rail and the aroma of a Panda Express? It’d be nice if they built some housing that the average Sacramentan could afford. I’m equally concerned about the high prices being floated for new for sale projects–and not just the Towers.
Its better to wait for the houses that are going to be selling in the projects comming in midtown in the next few years. You will be able to buy a really cool loft for less money every month. Especially if you get the right loan. I know of at least 5 projects in midtown that are going to start construction in the next year. And I know of at least one of them that will have studios for sale. Much better way to spend your money.