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Posted: Fri 8:56, 14 Jun 2013 Post subject: Hollister Italia Where Bohemia meets big bucks |
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Where Bohemia meets big bucks
Cambridge is supposed to be the embodiment of anything that is Intellectual, this can be Liberal, definitely Hip, nice, and consequently Countercultural,/p>
it usually is,it can be, it turns out, Home to quite a few the big doggs,/p>
When the Census Bureau recently released its list of US cities with very high percentages of milliondollar homes,[link widoczny dla zalogowanych], deal Cambridge or, As it's commonly known as across the Charles River, The clients' Republic of Cambridge in the No. 1 position. By great deal. in Boston, Some people would have to be chuckling,/p>
grow to be fair, Cambridge's top set is a bit skewed. The census considered only cities with a citizenry of 100,000, And Cambridge just barely squeaked by. It also looked only at owneroccupied singlefamily homes ruling out a lot of Cambridge residences, that will be rented, Multifamily, actually both,/p>
But with a whopping 12 percent of those singlefamily homes valued over $1 million, The census ranking still highlights the difference between the image and reality of Cambridge. As property costs soar, The city seems in the throes of an identity struggle. The quirky coffee houses and women's centers haven't disappeared, But the ranking shines a light on that less visible Cambridge of stately homes and prosperous urbanites,/p>
Rent deal with, illustration, was there here until 1994. mister. Peiser and others say that diminished the incentive to build new housing and improve rental residences. Antigrowth rrnsurance policies played a part, quite. "protection policies [which include rent control]. Tend to reduce development of new housing that might cater to the group that aren't poor but aren't very, loaded, Peiser cards that, Even as a Harvard professor with a doctor wife, He could not afford a house in Cambridge. They bought a put in place nearby Newton instead,/p>
If Cambridge is a magnet for the abundant, regardless, Many of its residents are at some other end of the spectrum. erina Sullivan, its mayor, Notes that 17 percent of the housing is practical. "you bet, We're the highest percentage in the state [Of milliondollar home]. We're probably the highest in the us also [with regards to] adding to your investments local tax dollars to affordable housing, remains to be, He confesses, The ranking disturbs him. "What it really shows is the difficulty we have in terms of middleincome housing,/p>
in general, Unsubsidized housing in Cambridge as in a lot of the Boston area is exorbitantly expensive. Even businesses "Milliondollar interior" Is unreliable. hundreds of dollars might buy a mansion in most of America; these, It buys you surrounding 1,800 square feet,/p>
To Fred meyer, Owner of University industry and a 44year resident, It boils down to Cambridge allure: Two prestigious universities and quite a plethora of artistic and intellectual venues, All a few train stops from Boston, and then a less urban feel. "It's a life-style, according to him. "You can walk to live shows and museums; achievable to audit courses at Harvard,/p>
a lot,[link widoczny dla zalogowanych], on the other hand, maybe Mr. Meyer admits costs have gotten too hot too fast. He points to one home, Between Harvard and Porter piazzas. all the way through 1993, It went for $400,000. Now it's named at $1.5 million,/p>
The house an humble blue clapboard on a shady street has bright rooms,[link widoczny dla zalogowanych], hard wood floors, And a home cinema. But even the property owner says it's not fancy. "Fancy starts at $2.5 million in Cambridge,[link widoczny dla zalogowanych], says Neal Burnham, A software creator who lives there with his wife and daughter,/p>
mr. Burnham, Who joined MIT in the '70s, Says Cambridge has changed extremely, In part due to fastrising technology sector: "That's upset the townandgown balance, and yet, He cards, People often overlook the old, Upscale elements of Cambridge Julia Child's house and the walledin homes of William James and e e cummings, which are nearby. "Cambridge is a city of many personal, he admits that,/p>
In the cramped Grolier Poetry Bookshop, Where shelves of Latin u. s,national poets spill into Brits and Scandinavians, Owner Louisa Solano mourns this Cambridge, by John Ashbery and Robert Creeley dropped by to talk shop with Robert Bly and Frank O'Hara. She remembers when the Beats hung out at the HayesBickford cafeteria now gone and when the Tasty diner was where abercrombie Fitch now stands. "You met Cambridge eccentrics correct, she says sadly. "Now Cambridge falls short of color,/p>
even now, Many Cantabrigians are disturbed at the ranking. Marlene Wicherski, Hurrying home with bags of groceries in the tony Agassiz local area, Sums up: "It's allowed to be such a liberal community, And it turns out so many rich people live here,/p>
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