Apartment Vacancy Rate Set to Break Record

Reader Comments

Back to blog

My spouse and i do not possess a lot of time now to compose plenty of my personal blathering thoughts,(my lil woman wants consideration, : )), however when I logon yet again, I will explain thorough precisely why To be sure with this particular write-up.

deca durabolin of AL 1:51PM November 18, 2011

вложить средства http://pamm-investor.ru

Dextavast of AL 11:17PM March 19, 2011

Я никак не смогла вставить рисунок в коментарий. Вставляю ссылку на рисунок а он не показывает его как рисунок. Что мне делатЬ?

Фотки беру отсюда - images.yandex.ru/yandsearch?text=money.usnews.com

Девочка of AL 12:06AM February 18, 2011

Инвестиционная компания Genuine Grace набирает в команду сотрудников для работы в информационных и финансовых секторах экономики.

Требования: решительность, амбициозность, наличие лидерских качеств, готовность к постоянному обучению.

Высокий уровень дохода 4000-10000 грн.

Запись на собеседование с 10.00-18.00 Киев

Роман

тел:063-230-41-96

Роман of AL 2:26AM April 08, 2010

Телефон:063-230-41-96

Регион: Киев

Требования к кандидату:

График работы: полный день

Образование: Высшее

Пол: не имеет значения

Опыт работы: не имеет значения

требуется БИЗНЕС -ПАРТНЕР

Направления деятельности -

- Отбор персонала с рынка труда

- Обучение персонала

- Организация административной работы

- Проведения тренингов

Запись на собеседование 10.00 -18.00

тел:063-230-41-96 Роман Евгениевич

Компания: Genuine Grace

Роман of AL 4:18AM April 05, 2010

Телефон:063-230-41-96

Регион: Киев

Требования к кандидату:

График работы: полный день

Образование: Высшее

Пол: не имеет значения

Опыт работы: не имеет значения

требуется БИЗНЕС -ПАРТНЕР

Направления деятельности -

- Отбор персонала с рынка труда

- Обучение персонала

- Организация административной работы

- Проведения тренингов

Запись на собеседование 10.00 -18.00

тел:063-230-41-96 Роман Евгениевич

Компания: Genuine Grace

Роман of AL 5:21PM April 02, 2010

is that the apartment portion of commercial real estate is still in a valuation bubble. There are too many of them that somebody paid too much to buy or build, especially in large complexes. There are also too many vacant single-family homes.

AND, we have an increasing wave of real homelessness plus a wave of younger people moving in together in larger groups (or with Mom/Dad, etc.) as an alternative to being otherwise unable to afford anything but homelessness.

And we say the Reagan/Bush tax cuts and the Greenspan/Bernanke low interest rates were "good" for the economy these last few decades? No, they actually CAUSED the scenarios of the first two paragraphs to occur. They also CAUSED jobs to move out of America. Why does the average "Joe" not understand this?

Muser of NM 11:36AM October 13, 2009

I can't speak for all landlords but I bet I speak for a large percentage. Thinking ahead and not wanting to be old and destitute and dependent on others for our well-being, we started saving and investing in our early 30's. Looking around it seemed that real estate would be a good long-term investment so we eventually bought our first investment property and years later another and years after that another and so on. For all of these we had to come out of pocket every month to keep the properties because rents didn't cover the mortgage, interest, taxes, insurance, vacancy, repairs, vandalism, evictions, etc. Basically, we lived on the edge for decades because we were subsidizing our tenants' lifestyle. We stuck our necks out and signed on the bottom line to buy the house at a payment higher than the tenants we willing to pay. We took the risk for an uncertain outcome. Often our tenants had more "toys" than we did. We had no luxuries, no vacations, no dining out, no lavish gift giving, no latest-greatest toys, no expensive wines, NO YACHTS...just living below our very humble means and working towards our vision of future security and independence. We were willing to risk a few hundred dollars a month for our future rather than buying Nikes for our kids and big-screen TVs. Our gamble was that values would someday go up. Sometimes they did. Sometimes they didn't. Hardly a fun road to travel but one we chose to follow. We were a happy family. No divorce. No major problems for the kids. Oddly, it seems the most unhappy people are the middle to low income people who have all the toys and possessions. Go figure? Fortunately, we won more than we lost. Although now, after 25 years of building and getting close to that "dream", we stand to lose much of what we saved because the rules and strategies have rapidly and radically changed. Oh well. We'll just have to adjust to the new rules and develop new strategies. Why? Because freedom is more important to us than dependency. And, the spice of life comes from seeing what we can do with our natural talents (or lack of). Freedom has been our goal. Money has been the by-product of effort and risk-taking. Real estate just happened to be our vehicle. I don't think that makes us "bad" or "greedy". The bad and greedy people are those who feel they are entitled, whether they be rich or poor. Hard-working people who want little from others are rarely the culprits.

Typical Landlord of CA 1:19PM October 12, 2009

I live in hawaii where you need 2 or 3 jobs to pay rent. There is a heart-breaking epidemic of homelessness being created on a daily basis across America. And i would guess most of us are in line to be homeless if we lost our jobs. In good times we are only 2 weeks away from being homeless >> we the 80% of the USA who make under $50,000 a year.

Giving LANDLORDS about 50% of my income is money that in no way helps our economy. LANDLORD money is mailbox-money, not REAL work. It just sits there and is not recirculated through society as shopping, etc.

If my RENT was cut in half i would have hundreds of dollars a month to spend (stimulus to businesses) or save (preventing myself from ever being a burden)...

We've bent over backwards to BAILOUT the wealthy elite who created the problem in the first place, & now it's time for US to get a bailout:

"Rent cut in half for renters & mortgage payments cut in half for new live-in homeowners." The landlords Yacht can wait, bro.

That's millions of dollars freed up that would be spent on everything from milk to walmart to farmers markets to applebee's.

That's what America forgot... basic economics: During a Recession you lower taxes and cut spending so people can SPEND and thereby reenergize the economy. Lowering crap we have to pay for = money flowing around. Ya dig?!

The landlords who doubled and tripled rent in Hawaii over the past 7 years need to wake up and stop being so greedy. Either that or they can foot the bill for the increased welfare use and homelessness their greed has created.

http://www.youtube.com/peakoilprepare

TC of HI 8:51PM October 11, 2009

You have to realize that if it weren't for immigration, the US population would be declining. And as of 2006 immigration has ground to a halt. My anecdotal evidence suggests it may have reversed as conditions in Mexico and elsewhere have improved. We may end up being a nation of 270,000,000 instead of 300 million plus! And this after the biggest housing boom in history...leaving us with a gargantuan surplus of rentals + houses.

Who would complain? The majority of us "rent" our homes either as mortgage holders from the bank or as explicit tenants. Low rents mean that we don't have to work as hard...that losing a job doesn't mean eviction as low rents make it easier for savings to cover periods of unemployment.

During the 40s, 50s and 60s, rents were relatively low and simple jobs could fund a family. Why not welcome a return to those days?

Kentian of WA 12:57PM October 11, 2009

Add Your Thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

Back to blog

The Home Front

The Home Front

Associate Editor Luke Mullins tracks the treacherous housing market and explains how to unload a five-bedroom McMansion or even find that dream home.

advertisement

advertisement