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You vill own nuh-ting, und be heppy. That's the GLOBO-HOMO ideal!

Buy a tent that can fit at least 2 people.

Van down by the river. It's a thing.

the treasonous .gov moves illegal "migrants" into all those unoccupied homes

-------------------

What happens if their parent's house gets foreclosed by the (((bankers)))?

They all live rent free for a few years while the (((bankers))) find the paperwork.

As seen in ‘08, paperwork can appear out of thin air. Those (((bankers))) must be magicians.  

  

LowIQTrash » 28 Nov 2023, 11:43 pm » wrote: ↑

28 Nov 2023, 11:43 pm

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-------------------

I was managing apartments in the Bay Area when the dotcom bust came. I was running class B apartments - small pool, no real amenities, 5-6 hundred a month cheaper than those class A apartments with their fancy water treatments and on-site maintenance crews. Easy peasey - I had my demographic.

When the bust came, exactly what your source describes happened. Folks' demand for space went down. People moved into their parents' homes; friends shared spaces with friends; and for the first time in many a year there were empty apartments in the Bay Area. 

My very first order of business was to generate traffic. Craigslist was a thing back then - THE thing. So I crafted my Craigslist ad over HOURS of painstaking care. It featured nary a lie, but a whole bunch of left-out truths. I focused on the neighborhood's amenities - cuz I din have none. I understood it to be a pure numbers game. Generate enough traffic, you'll rent out your units. The ability to problem solve has always been my strong suit. And it starts with understanding the problem properly. 

The problem I faced was that I could only go so low. Demand was no longer driving rents - MORTGAGES were. And the big boys with the swan filled fountains and manicured gardens? They were lowering their prices within a couple of hundred dollars of my rock bottom, and on top of that, they were a lot less picky about perfect credit. They were accepting the same blemishes that I did. They were outright marketing to my demo. Hell, they were mass-marketing glossy brochures to my tenants. No way I could compete with their relative splendor at only a couple of C's above my rents - but what I COULD do was play hard with the numbers, and that is exactly what I did. I generated a ton of traffic and got my leases signed. I saved my principal's ***. 

That was an interesting time. This next one? I believe it's going to be a doozy. 
 

Cannonpointer » 29 Nov 2023, 12:15 am » wrote: ↑

29 Nov 2023, 12:15 am

I was managing apartments in the Bay Area when the dotcom bust came. I was running class B apartments - small pool, no real amenities, 5-6 hundred a month cheaper than those class A apartments with their fancy water treatments and on-site maintenance crews. Easy peasey - I had my demographic.

When the bust came, exactly what your source describes happened. Folks' demand for space went down. People moved into their parents' homes; friends shared spaces with friends; and for the first time in many a year there were empty apartments in the Bay Area. 

My very first order of business was to generate traffic. Craigslist was a thing back then - THE thing. So I crafted my Craigslist ad over HOURS of painstaking care. It featured nary a lie, but a whole bunch of left-out truths. I focused on the neighborhood's amenities - cuz I din have none. I understood it to be a pure numbers game. Generate enough traffic, you'll rent out your units. The ability to problem solve has always been my strong suit. And it starts with understanding the problem properly. 

The problem I faced was that I could only go so low. Demand was no longer driving rents - MORTGAGES were. And the big boys with the swan filled fountains and manicured gardens? They were lowering their prices within a couple of hundred dollars of my rock bottom, and on top of that, they were a lot less picky about perfect credit. They were accepting the same blemishes that I did. They were outright marketing to my demo. Hell, they were mass-marketing glossy brochures to my tenants. No way I could compete with their relative splendor at only a couple of C's above my rents - but what I COULD do was play hard with the numbers, and that is exactly what I did. I generated a ton of traffic and got my leases signed. I saved my principal's ***. 

That was an interesting time. This next one? I believe it's going to be a doozy.

I don't think demand for apartments will ever collapse again. Far more likely is that a bunch of Boomers will use up whatever savings they had to pay for their short stays in nursing homes (CNAs wiping their asses and "monitoring bedpans" as the late, disgraced Ricky Tavy might say).

Then the (((GLOBOHOMO))) will repossess those houses as the muh-lenny-als and zooooomers can't afford the skyrocketing property taxes.

i use to think cost of shelter would crash. now is see the light. sort of fuzzy. but now i have corrected my mind. dollar will crash. thousands of dollars to buy a loaf of bread. crumb of bread to pay off mortgage. WOW WOW WOW. /// BUT BIDEN TO THE RESCUE. one pound of an item equals one pound of usa dollar. i know what you are thinking, jews will soak their money in water so it will buy more. true! tattoo a star on their heads to alert sellers. /// oh my god. biden screwed up again. how much does rent weigh? simple answer. as much as the apartment weighs. 5 ton apartment rents for 5 tons of usa dollars. now it gets complicated. how much for sex with a whore? the weight of the pills to cure vd? biden will have dumb answers for his new monetary value idea.

LowIQTrash » 29 Nov 2023, 2:08 am » wrote: ↑

29 Nov 2023, 2:08 am

I don't think demand for apartments will ever collapse again. .

That all depends. Imagine if the M.O. of the Eyetalians were suddenly adopted on these shores. There IS a cultural revolution taking place - and it has two sides. We focus a lot on this board on the sick side of it - but the sick side gets a reaction from those who oppose it. I suggest that standing in opposition to immorality lights a man's path as a side benefit. 

We are a nation raised by wolves, thanks to our unique history. We had a quite large portion of our original population forced at gunpoint into the injun-infested wilderness, where mothers and fathers died in such numbers as to create generations of motherless and fatherless kids. Those kids grew up and raised their own kids with no model for how to parent children. The traumas redound to this day. We pet our dogs and beat our kids. Did you know that in many countries, the majority of kids grow up without beatings?

And this single has a B side, too. A rich continent laying in our laps and the prominence of our military has resulted in generations of Americans having **** You money. Couple this with liberalized divorce and abortion laws, and you end up with a country where the words **** you are uttered  million times a day. We storm off from one another, swear off of one another, count our friendships and even familial relationships as onerous tasks instead of blessings.

Imagine if a substantial number of Americans begins to work on personal relationships, putting them first. Imagine that same number, impelled by financial hardship and drawn by the newfound wisdom that I believe attends standing against evil. Suddenly, 18 year olds are not in the same hurry to leave home, and parents are not in the same hurry to see them off. Families begin to realize that paying ONE electric bill is better than paying two; paying ONE rent or mortgage is better than paying two. 

In Italy, guys at the age of 25 quite often are sleeping in the same room they grew up in, their moms attending their meals and laundry as the kid helps out with the costs of the home. Everybody is richer when they all eat from the same pot.

The mentality informing how Italians live would certainly create lower demand for dwellings on these shores. If you swapped out 330 million Italians for the folks here today, housing prices would crash like a Polish helicopter. But we don't need the calzones - just the culture. And I have a sneaking suspicion we are about to get it.

Hard times create a lot of context for people. They get creative. They make concessions. They hold each other in greater esteem - value each other more. They give more elbow room and ask less. I don't want to downplay the positive side of the situation - the opinion that opposing moral corruption polishes the person. But even without that driver, if we see a repeat of the 1930s era depression, we will see a repeat of the chipping in and working together that went on in those days. We will rediscover our wisdom and our communal nature, because our lives will depend on our doing so. I buy into the concept of morphic resonance. I consider its truth obvious. What came around will come around - and in the proper time, as required. 

I say we're over-built. I say a crash is coming. But, hey - no one has ever paid me for financial advice. I'm just a blue collar guy whose dad keeps dying. 
 
 

Cannonpointer » 29 Nov 2023, 2:49 am » wrote: ↑

29 Nov 2023, 2:49 am

That all depends. Imagine if the M.O. of the Eyetalians were suddenly adopted on these shores. There IS a cultural revolution taking place - and it has two sides. We focus a lot on this board on the sick side of it - but the sick side gets a reaction from those who oppose it. I suggest that standing in opposition to immorality lights a man's path as a side benefit. 

We are a nation raised by wolves, thanks to our unique history. We had a quite large portion of our original population forced at gunpoint into the injun-infested wilderness, where mothers and fathers died in such numbers as to create generations of motherless and fatherless kids. Those kids grew up and raised their own kids with no model for how to parent children. The traumas redound to this day. We pet our dogs and beat our kids. Did you know that in many countries, the majority of kids grow up without beatings?

And this single has a B side, too. A rich continent laying in our laps and the prominence of our military has resulted in generations of Americans having **** You money. Couple this with liberalized divorce and abortion laws, and you end up with a country where the words **** you are uttered  million times a day. We storm off from one another, swear off of one another, count our friendships and even familial relationships as onerous tasks instead of blessings.

In Italy, guys at the age of 25 quite often are sleeping in the same room they grew up in, their moms attending their meals and laundry as the kid helps out with the costs of the home. Everybody is richer when they all eat from the same pot.

The mentality informing how Italians live would certainly create lower demand for dwellings on these shores. If you swapped out 330 million Italians for the folks here today, housing prices would crash like a Polish helicopter. But we don't need the calzones - just the culture. And I have a sneaking suspicion we are about to get it.

Hard times create a lot of context for people. They get creative. They make concessions. They hold each other in greater esteem - value each other more. They give more elbow room and ask less. I don't want to downplay the positive side of the situation - the opinion that opposing moral corruption polishes the person. But even without that driver, if we see a repeat of the 1930s era depression, we will see a repeat of the chipping in and working together that went on in those days. We will rediscover our wisdom and our communal nature, because our lives will depend on our doing so. I buy into the concept of morphic resonance. I consider its truth obvious. What came around will come around - and in the proper time, as required. 

I say we're over-built. I say a crash is coming.

It seems like a 50-50 split between cooperative arrangements and destitution.

On the other side of the coin - what I see is a lot of people going homeless (living in vans, living in tents - just as long as they're not living with "actual homeless types"). They have lost the "personal touch" that comes with being human becuz teevee, as odious as it was, has been replaced by social media degeneracy. So as long as they see online celebrities living "The high life" their minds will still be completely inundated with trash and garbage that comes with every $1000 Taylor Swift concert ticket. 

(Or they will be lured by the idea of making easy money via "platforms" like Etsy)

The only apartments I see going down in value are those adjacent to universities - not everyone can afford to shell out $40K/yr to hear drab neo-Marxist lectures. (I only recall a few lectures that were amusing to me - one of them was by a left-anarchist)

 (I also imagine "family living arrangements" would be less desirable for some groups...like KneeGrows. The house is too damn noisy all the time)
 

LowIQTrash » 29 Nov 2023, 2:08 am » wrote: ↑

29 Nov 2023, 2:08 am

I don't think demand for apartments will ever collapse again. Far more likely is that a bunch of Boomers will use up whatever savings they had to pay for their short stays in nursing homes (CNAs wiping their asses and "monitoring bedpans" as the late, disgraced Ricky Tavy might say).

Then the (((GLOBOHOMO))) will repossess those houses as the muh-lenny-als and zooooomers can't afford the skyrocketing property taxes.

Rickee's dead? was it the consumption that did him in?
 

Mortgages held by non-traditional(non bank) lenders play by a different set of rules.

This is what I’m seeing:


 

        Here where I live in Palm Beach County Florida, we got hammered by a near doubling in our 60 Unit Condo Building Insurance rate ----- and the same substantial hikes has happened to most multi unit rental properties within striking distance of the coast as well.....  These increases in the Insurance Rates & Property Taxes has sent Rents to soar, for residential as well as businesses space rentals... I know several folks who've had to downsize, or take in room mates to make it... 

       Rents had already been trending up as we got out of the Covid cluster-****, but most of the increases was the result of the $60 Billion in payouts by the Insurance Cos resulting from Hurricane Ian in 2022.... We've had some major Insurers no longer offering Homeowners Insurance --- and some such as Farmers have left the State altogether.. 

LowIQTrash » 28 Nov 2023, 11:43 pm » wrote: ↑

28 Nov 2023, 11:43 pm

What happens when millennials and zoomers can't afford rent? XDDD
 

They will be forced to live inside of prefab homeless shelters.  They're popping up all over in California.




Well, I'm sure they won't look this nice after a few Bums jiz it up.

Skans » 29 Nov 2023, 12:21 pm » wrote: ↑

29 Nov 2023, 12:21 pm

They will be forced to live inside of prefab homeless shelters.  They're popping up all over in California.



Well, I'm sure they won't look this nice after a few Bums jiz it up.

              Just what I was thinking.....

     How fast they'd go from quaint --- to drug & crime infested crap... Imagine what their communal Toilets & Bathing Facilities will look like in a month or two?
 

     
          
 

Skans » 29 Nov 2023, 12:21 pm » wrote: ↑

29 Nov 2023, 12:21 pm

They will be forced to live inside of prefab homeless shelters.  They're popping up all over in California.



Well, I'm sure they won't look this nice after a few Bums jiz it up.
 

The best homeless shelter is STATE PRISON!
Ya get 3 Hots and  a cock!  
 

Kobia2 » 29 Nov 2023, 2:56 pm » wrote: ↑

29 Nov 2023, 2:56 pm

              Just what I was thinking.....

     How fast they'd go from quaint --- to drug & crime infested crap... Imagine what their communal Toilets & Bathing Facilities will look like in a month or two?

     

Month or two hell... imagine what they will look like after a weekend.
 

Kobia2 » 29 Nov 2023, 11:45 am » wrote: ↑

29 Nov 2023, 11:45 am

        Here where I live in Palm Beach County Florida, we got hammered by a near doubling in our 60 Unit Condo Building Insurance rate ----- and the same substantial hikes has happened to most multi unit rental properties within striking distance of the coast as well.....  These increases in the Insurance Rates & Property Taxes has sent Rents to soar, for residential as well as businesses space rentals... I know several folks who've had to downsize, or take in room mates to make it... 

       Rents had already been trending up as we got out of the Covid cluster-****, but most of the increases was the result of the $60 Billion in payouts by the Insurance Cos resulting from Hurricane Ian in 2022.... We've had some major Insurers no longer offering Homeowners Insurance --- and some such as Farmers have left the State altogether.. 

Is it still about half price for home insurance if you are a mile off the beach, and double if you are closer?
 

Skans » 29 Nov 2023, 12:21 pm » wrote: ↑

29 Nov 2023, 12:21 pm

They will be forced to live inside of prefab homeless shelters.  They're popping up all over in California.



Well, I'm sure they won't look this nice after a few Bums jiz it up.

Looks like the mancamps frackers are put up in. 

But not for long...
 

Cannonpointer » 29 Nov 2023, 12:15 am » wrote: ↑

29 Nov 2023, 12:15 am

I was managing apartments in the Bay Area when the dotcom bust came. I was running class B apartments - small pool, no real amenities, 5-6 hundred a month cheaper than those class A apartments with their fancy water treatments and on-site maintenance crews. Easy peasey - I had my demographic.

When the bust came, exactly what your source describes happened. Folks' demand for space went down. People moved into their parents' homes; friends shared spaces with friends; and for the first time in many a year there were empty apartments in the Bay Area. 

My very first order of business was to generate traffic. Craigslist was a thing back then - THE thing. So I crafted my Craigslist ad over HOURS of painstaking care. It featured nary a lie, but a whole bunch of left-out truths. I focused on the neighborhood's amenities - cuz I din have none. I understood it to be a pure numbers game. Generate enough traffic, you'll rent out your units. The ability to problem solve has always been my strong suit. And it starts with understanding the problem properly. 

The problem I faced was that I could only go so low. Demand was no longer driving rents - MORTGAGES were. And the big boys with the swan filled fountains and manicured gardens? They were lowering their prices within a couple of hundred dollars of my rock bottom, and on top of that, they were a lot less picky about perfect credit. They were accepting the same blemishes that I did. They were outright marketing to my demo. Hell, they were mass-marketing glossy brochures to my tenants. No way I could compete with their relative splendor at only a couple of C's above my rents - but what I COULD do was play hard with the numbers, and that is exactly what I did. I generated a ton of traffic and got my leases signed. I saved my principal's ***. 

That was an interesting time. This next one? I believe it's going to be a doozy.

Liberal run SF has done a wonderful job of purging the Negro population.
So wonderful that the White Guilt Liberal politicians and their voting base take absolutely  no credit for the 50% reduction.
People who know better [truly woke conservatives] are supposed to believe that  the mass exodus of the Colored Folk all happened "BY AXE-I-DINT NSHEET"

in my neck of the woods, the home price has not decreased by much in the last 12 months. Rent of established units (ones built before 2020) has went down nicely. From an average of $1750 for a 1 bedroom to roughly $1550. Neither is affordable for most but I would rather pay $1550 than $1750

GHETTOBLASTER » 29 Nov 2023, 5:32 pm » wrote: ↑

29 Nov 2023, 5:32 pm

Liberal run SF has done a wonderful job of purging the Negro population.
So wonderful that the White Guilt Liberal politicians and their voting base take absolutely  no credit for the 50% reduction.
People who know better [truly woke conservatives] are supposed to believe that  the mass exodus of the Colored Folk all happened "BY AXE-I-DINT NSHEET"

Oh, SF has kept its *** bottled up in Hunter's Point since the 60s. They try to leave, they find themselves in chains. 

Sit, Toby - stay.

The rest of the Bay Area does essentially the same. They're bottled up in East Palo Alto which, like hunter's point, has limited (and controlled) ingress and egress - an open air prison. 
 
 

impartialobserver » 29 Nov 2023, 5:35 pm » wrote: ↑

29 Nov 2023, 5:35 pm

in my neck of the woods, the home price has not decreased by much in the last 12 months. Rent of established units (ones built before 2020) has went down nicely. From an average of $1750 for a 1 bedroom to roughly $1550. Neither is affordable for most but I would rather pay $1550 than $1750

WTF are you in connecticut or something?
 

Cannonpointer » 29 Nov 2023, 5:37 pm » wrote: ↑

29 Nov 2023, 5:37 pm

WTF are you in connecticut or something?

Reno, NV