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Re: US Rents On Verge Of First Annual Drop Since Covid Crash Amid Supply Glut

By: micro in 6TH POPE | Recommend this post (0)
Sun, 14 May 23 12:59 AM | 41 view(s)
Boardmark this board | 6th Edition Pope Board 		Msg. 42506 of 60008
(This msg. is a reply to 42490 by Decomposed)
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De

Can't ya build a large shed and insulate it, put a pellet stove for heat in it or maybe just a woodburning fireplace,
and wall off a bedroom from the kitchen and living room?

Bet ya can do that. Maybe 24 feet L x 14 feet wide?

That would make a nice sized guest house.. Especially if had a stove for warmth in the winter...

Just thinking out loud......

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The above is a reply to the following message:
Re: US Rents On Verge Of First Annual Drop Since Covid Crash Amid Supply Glut
By: Decomposed in 6TH POPE
Sat, 13 May 23 6:40 PM 		Msg. 42490 of 60008

fizzy:

Re: “...not only have rents peaked, but the median U.S. asking rent is about to turn negative on an annual basis...”My new-house neighbor died in November. He was married, so we wondered what would become of his house.

Yesterday, my wife found that it is now on the market. In fact, it had an open house today.

It's a tiny thing. 792 sq ft on 0.95 acres, and not too attractive. I once considered how much I'd pay for it since it could function as a guest house and would solve my parking problem (it sits just off the road). I thought I'd go as high as $75k if the house wasn't totally trashed. Hah! I must be quite naive. They're asking $200,500.

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