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"America's Emptiest Cities" - 2/17/2009 8:34:13 PM

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Some of you folks live in or around these major cities. Anyone thinking of relocating or buying up some of the empty housing?

"America's Emptiest Cities"

Zack O'Malley Greenburg

"Cities like Detroit and Dayton are casualties of America's lengthy industrial decline. Others, like Las Vegas and Orlando, are mostly victims of the recent housing bust. Boston and New York are among the lone bright spots, while Honolulu is the nation's best with a vacancy rate of 5.8% for homes and a scant 0.5% for rentals.

Still, empty neighborhoods are becoming an increasingly daunting problem across the country. The national rental vacancy rate now stands at 10.1%, up from 9.6% a year ago; homeowner vacancy has edged up from 2.8% to 2.9%. Richmond, Va.'s rental vacancy rate of 23.7% is the worst in America, while Orlando's 7.4% rate is lousiest on the homeowner side. Detroit and Las Vegas are among the worst offenders by both measures--the Motor City sports vacancy rates of 19.9% for rentals and 4% for homes; Sin City has rates of 16% and 4.7%, respectively."

http://www.forbes.com/2009/02/12/cities-ten-top-lifestyle-real-estate_0212_cities.html

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RE: "America's Emptiest Cities" - 2/17/2009 8:43:38 PM

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There's a lot of people moving here to Myrtle Beach from up North to get away from that stuff plus the better weather.

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RE: "America's Emptiest Cities" - 2/17/2009 8:44:59 PM

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Are they sending housing prices up? Hogging all the best parking spaces in the shade at the local supermarket?

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So in this gray haze we'll be meating again, and on that
great day, I will tease you all the same."
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http://KinkMeet.co.uk

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RE: "America's Emptiest Cities" - 2/17/2009 8:45:29 PM

rexrgisformidoni

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I wish more neighborhoods here would empty, especially the ones with entire blocks of dilapidated or abandoned houses. Bulldoze them and start an urban farm!

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RE: "America's Emptiest Cities" - 2/17/2009 11:01:55 PM

UPSG

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Who the hell would want to move to Detroit? I would rather move to Mexico City - at least it's more aesthetically pleasing.

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RE: "America's Emptiest Cities" - 2/17/2009 11:04:53 PM

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quote:

ORIGINAL: UPSG

Who the hell would want to move to Detroit? I would rather move to Mexico City - at least it's more aesthetically pleasing.

Great zoo in Chapultapec and the Anthropology Museum is one of the world's finest museums.

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RE: "America's Emptiest Cities" - 2/17/2009 11:33:33 PM

ThatDamnedPanda

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quote:

ORIGINAL: UPSG

Who the hell would want to move to Detroit? I would rather move to Mexico City - at least it's more aesthetically pleasing.

But at least Detroit has a hockey team.

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RE: "America's Emptiest Cities" - 2/18/2009 5:03:04 AM

hizgeorgiapeach

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quote:

ORIGINAL: ThatDamnedPanda

quote:

ORIGINAL: UPSG

Who the hell would want to move to Detroit? I would rather move to Mexico City - at least it's more aesthetically pleasing.

But at least Detroit has a hockey team.

So does Oklahoma City - but no one in their right mind Wants to live HERE, either.....

(me? Oh.... I'm in my left mind.... I've seldom ever attempted to claim I was in my Right mind... )

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RE: "America's Emptiest Cities" - 2/18/2009 5:11:13 AM

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Rhi, but some of us get threatened that we will have to visit there in November! AQHA World, now that the oldest is out of youth. Tell me it's cooler in November, please?

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RE: "America's Emptiest Cities" - 2/18/2009 5:41:11 AM

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Too many people moved to Myrtle Beach and surrounds, and are seriously taxing the wildlife and land. Jobs were scarce too, when I left there in 99. Damm, didn't realize it was that long ago, lol. Here on the rez, there is an incredible housing shortage - both rental and ownership, for non-tribal members, and those tribal members who would rather have something built a bit better, although not much is. Unfortunately there is virtually no job market here. Don't think i would ever live IN a city again, although i am thinking about leaving here.

manxcat

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RE: "America's Emptiest Cities" - 2/18/2009 6:34:16 AM

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quote:

ORIGINAL: Vendaval

Some of you folks live in or around these major cities. Anyone thinking of relocating or buying up some of the empty housing?

"America's Emptiest Cities"

Zack O'Malley Greenburg

"Cities like Detroit and Dayton are casualties of America's lengthy industrial decline. Others, like Las Vegas and Orlando, are mostly victims of the recent housing bust. Boston and New York are among the lone bright spots, while Honolulu is the nation's best with a vacancy rate of 5.8% for homes and a scant 0.5% for rentals.

Still, empty neighborhoods are becoming an increasingly daunting problem across the country. The national rental vacancy rate now stands at 10.1%, up from 9.6% a year ago; homeowner vacancy has edged up from 2.8% to 2.9%. Richmond, Va.'s rental vacancy rate of 23.7% is the worst in America, while Orlando's 7.4% rate is lousiest on the homeowner side. Detroit and Las Vegas are among the worst offenders by both measures--the Motor City sports vacancy rates of 19.9% for rentals and 4% for homes; Sin City has rates of 16% and 4.7%, respectively."

http://www.forbes.com/2009/02/12/cities-ten-top-lifestyle-real-estate_0212_cities.html

Wish I had the extra bucks to buy some property in Las Vegas or Orlando. Those markets were hit because of their dramatic growth and even more dramatic overbuilding. In time the new house and condo inventory and resales will be worked down as prices decline and the market does it's thing. Both are still sunbelt locations and as the population continues to rapidly age you should see property values reverse in time.

Detroit...well..that's another story. That would be like waiting for a year for a lung transplant and the one you get is from someone who smoked three packs of cigarettes a day for twenty years and died of lung cancer....! No way in hell would I even "speculate" in that market..much less move there. I would rather move to ..well..'Toledo"!!

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RE: "America's Emptiest Cities" - 2/18/2009 7:09:00 AM

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Not planning on moving or buying more property. I like my little slice of heaven on an Iowa hill.

I bought a home for much much less than the lender "approved", I have a 30 year fixed mortgage that will be paid off in 15 or so years, it is a property that also feeds me instead of just sucking money from me.

No reason to move.

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RE: "America's Emptiest Cities" - 2/18/2009 7:23:54 AM

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quote:

ORIGINAL: popeye1250

There's a lot of people moving here to Myrtle Beach from up North to get away from that stuff plus the better weather.

So they're the ones causing the vacancies!

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RE: "America's Emptiest Cities" - 2/18/2009 8:22:46 AM

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quote:

ORIGINAL: UPSG

Who the hell would want to move to Detroit? I would rather move to Mexico City - at least it's more aesthetically pleasing.

Mexico City is one of the shittiest places on the planet. There's zero comparison between Detroit and Mexico city.

I've been to Detroit twice, in its worst parts, to visit a friend of mine who was fighting outa the Kronk gym, and although blighted, it wasn’t anywhere near as bad as it was hyped.

Conversely, I've been to Mexico city seven times and stayed there for as long as a month at a time…. and it's easily both one of the most blighted and dangerous places in the world. Hell.... one of the last times I was there, Don King was held at knife and Uzi-point, and made to give up his 100k Rolex or they were going to hack his arm off with a machete and take the watch that way. And its way worse these days.

Mexico City is also the filthiest place I've ever been. There's prolly more homeless people in two square blocks than in all of Detroit. I've spent a good deal of time in Quito, Guatemala city, San Salvador and Manila, and none are/were remotely comparable to Mexico city.

I'll take Mo' Town any day....

- R

< Message edited by TheUtopian -- 2/18/2009 8:26:12 AM >

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RE: "America's Emptiest Cities" - 2/18/2009 8:25:02 AM

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quote:

ORIGINAL: TheUtopian
one of the last times I was there, Don King was held at knife and Uzi-point, and made to give up his 100k Rolex or they were going to hack his arm off with a machete and take the watch that way.

To be fair, this sort of thing happens all over the planet. When I left London nearly ten years ago, there was an epidemic of such attacks on famous people, even in London's swankiest neighbourhoods like Knightsbridge. Morality: do not parade the streets with an ostentatious, expensive piece of kit.

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RE: "America's Emptiest Cities" - 2/18/2009 8:34:41 AM

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quote:

ORIGINAL: kittinSol

quote:

ORIGINAL: TheUtopian
one of the last times I was there, Don King was held at knife and Uzi-point, and made to give up his 100k Rolex or they were going to hack his arm off with a machete and take the watch that way.

To be fair, this sort of thing happens all over the planet. When I left London nearly ten years ago, there was an epidemic of such attacks on famous people, even in London's swankiest neighbourhoods like Knightsbridge. Morality: do not parade the streets with an ostentatious, expensive piece of kit.

I'd say you are/were hundred percent on the money if we were not talking about Don King. Seriously, any dude who can steal all Tyson's money and get away with it, is the last dude I'm gonna box-in with a couple taxi's and steal his 100k watch and wallet - And that's even if I'm a Mexican in Mexico.

- R

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RE: "America's Emptiest Cities" - 2/18/2009 9:30:39 AM

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quote:

ORIGINAL: UPSG

Who the hell would want to move to Detroit? I would rather move to Mexico City - at least it's more aesthetically pleasing.

Watch it there buddy. There are a lot of good things about Detroit. I can't think of them off the top of my head, but I am sure given enough time I will. Any of my fellow Detroiters who want to jump in and give me a hand here defending our fair city, feel free to speak up.

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RE: "America's Emptiest Cities" - 2/18/2009 9:33:10 AM

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quote:

ORIGINAL: hizgeorgiapeach

quote:

ORIGINAL: ThatDamnedPanda

quote:

ORIGINAL: UPSG

Who the hell would want to move to Detroit? I would rather move to Mexico City - at least it's more aesthetically pleasing.

But at least Detroit has a hockey team.

So does Oklahoma City - but no one in their right mind Wants to live HERE, either.....

(me? Oh.... I'm in my left mind.... I've seldom ever attempted to claim I was in my Right mind... )

Yea, my oldest boy is in Ft Sill right now and all he wants to do is come back to Detroit. Of course he is in basic and says his DI is a sadistic prick, so that might have more to do with it than his love of our city.

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RE: "America's Emptiest Cities" - 2/18/2009 9:34:45 AM

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You have obviously never been to Toledo. My mom told me that Ohio and Michagan actually went to war over who would get Toledo and Ohio lost.

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RE: "America's Emptiest Cities" - 2/18/2009 10:16:42 AM

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quote:

ORIGINAL: hizgeorgiapeach

So does Oklahoma City - but no one in their right mind Wants to live HERE, either.....

(me? Oh.... I'm in my left mind.... I've seldom ever attempted to claim I was in my Right mind... )

I'll be out your way in the spring - right before the temperature hits 'blast furnace' and stays that way til Halloween LOL

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