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

By: ctj1950 in 6TH POPE | Recommend this post (0)
Sun, 14 May 23 4:32 PM | 30 view(s)
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Msg. 42524 of 60008
(This msg. is a reply to 42496 by Fiz)

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Q: Where are the 15 million illegals coming across our southern border going to live?

Q: How long will it be before the Feds declare a housing emergency requiring the government to use taxpayers money to house these people?



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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: Fiz
in 6TH POPE
Sat, 13 May 23 7:31 PM
Msg. 42496 of 60008

I'm only now starting to show a couple of apartments for rent; if only this was still a year ago! However, the project got hung up waiting for contractors to start and, even now, the contractors are over booked and things are further delayed. (This has been a great period to be a building contractor)

The impact, so far, has been relatively localized to places which were especially bubbled or got especially nasty in recent years. I suggest you watch this for a better understanding of how regional this is, so far, and how it is likely to spread:

http://www.youtube.com/watch?v=BaQazwu6_Ro



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