Comments on: What Do You Think Will Happen to Rental Rates? http://www.thiswriterswallet.com/2008/04/04/what-do-you-think-will-happen-to-rental-rates/ the story of an Chicago 20-something as she tries to make, save and spend money Fri, 21 Nov 2008 13:41:25 +0000 http://wordpress.org/?v=2.6.3 By: sfordinarygirl http://www.thiswriterswallet.com/2008/04/04/what-do-you-think-will-happen-to-rental-rates/#comment-649 sfordinarygirl Thu, 10 Apr 2008 04:47:55 +0000 http://thiswriterswallet.com/?p=299#comment-649 Charlottesville is an interesting quaint town - some of the indie record labels I've heard have potential bands they sign play a gig at the local club and gauge the response before moving forward. I'm surprised condos in my neighborhood that are $600K+ that sold. I'm dreaming of the day the condos in the neighborhood completely plummet when the economy gets worse but I can only dream ... Charlottesville is an interesting quaint town - some of the indie record labels I’ve heard have potential bands they sign play a gig at the local club and gauge the response before moving forward.

I’m surprised condos in my neighborhood that are $600K+ that sold. I’m dreaming of the day the condos in the neighborhood completely plummet when the economy gets worse but I can only dream …

]]> By: j http://www.thiswriterswallet.com/2008/04/04/what-do-you-think-will-happen-to-rental-rates/#comment-652 j Sun, 06 Apr 2008 13:50:42 +0000 http://thiswriterswallet.com/?p=299#comment-652 i'm no economist, but i do have a background reporting town/state politics, so i was thinking of this (don't know if i'm right) -- i was thinking that rents would go up, or at least the following factor would mitigate some of the lower costs associated w/ the buyers' market, because school district budgets are skyrocketing out of control as they attempt to meet the costs of union contracts, unfunded mandates and the cost of health insurance for their employees. property taxes pay for this, and those are going up fast -- the property owner is going to have to pass this on to a renter at some point. i’m no economist, but i do have a background reporting town/state politics, so i was thinking of this (don’t know if i’m right) –

i was thinking that rents would go up, or at least the following factor would mitigate some of the lower costs associated w/ the buyers’ market, because school district budgets are skyrocketing out of control as they attempt to meet the costs of union contracts, unfunded mandates and the cost of health insurance for their employees. property taxes pay for this, and those are going up fast — the property owner is going to have to pass this on to a renter at some point.

]]> By: wellheeled http://www.thiswriterswallet.com/2008/04/04/what-do-you-think-will-happen-to-rental-rates/#comment-654 wellheeled Sat, 05 Apr 2008 06:21:45 +0000 http://thiswriterswallet.com/?p=299#comment-654 I live in CA, and houses here are ridiculous. A 2-bedroom condo next to me is listed for $470,000. Real estate slow-down? It's happening... but 20% off half-a-million is still way more than what I can afford. I heard Austin's a nice city, and real estate in Texas is so CHEAP. I live in CA, and houses here are ridiculous. A 2-bedroom condo next to me is listed for $470,000.

Real estate slow-down? It’s happening… but 20% off half-a-million is still way more than what I can afford.

I heard Austin’s a nice city, and real estate in Texas is so CHEAP.

]]> By: full grown single http://www.thiswriterswallet.com/2008/04/04/what-do-you-think-will-happen-to-rental-rates/#comment-651 full grown single Fri, 04 Apr 2008 21:43:41 +0000 http://thiswriterswallet.com/?p=299#comment-651 It's a supply and demand thing. But it may make a lot of sense to think about your career and what you want out of life, and then decide whether you can get those in Charlottesville (or wherever else you might consider.) Not to run down Charlottesville at all-- you'd have some fantastic career opportunities there. But are they the ones you want to become your defaults? It might be good to look at the sunday paper in towns you might consider living in, just get a feel for what's in the want ads and "living" section of the paper. P.S. I think Charlottesville's on the expensive side, since it's a college town. But throughout much of the south you've got plenty of money to think about buying a house. It’s a supply and demand thing.
But it may make a lot of sense to think about your career and what you want out of life, and then decide whether you can get those in Charlottesville (or wherever else you might consider.)

Not to run down Charlottesville at all– you’d have some fantastic career opportunities there. But are they the ones you want to become your defaults?

It might be good to look at the sunday paper in towns you might consider living in, just get a feel for what’s in the want ads and “living” section of the paper.

P.S. I think Charlottesville’s on the expensive side, since it’s a college town. But throughout much of the south you’ve got plenty of money to think about buying a house.

]]> By: financegirl http://www.thiswriterswallet.com/2008/04/04/what-do-you-think-will-happen-to-rental-rates/#comment-650 financegirl Fri, 04 Apr 2008 20:50:17 +0000 http://thiswriterswallet.com/?p=299#comment-650 I'm no economist, but I think that rents typically rise as more people rent - which people are probably doing now that they can't afford their homes. I’m no economist, but I think that rents typically rise as more people rent - which people are probably doing now that they can’t afford their homes.

]]> By: Jim Duncan http://www.thiswriterswallet.com/2008/04/04/what-do-you-think-will-happen-to-rental-rates/#comment-653 Jim Duncan Fri, 04 Apr 2008 19:11:26 +0000 http://thiswriterswallet.com/?p=299#comment-653 You're generally able to negotiate rents quite well in Charlottesville. These are the best sites I have found to search for rentals. http://www.readthehook.com http://c-ville.com http://www.dailyprogress.com http://brac.com http://charlottesville.craigslist.org/ --Jim http://www.realcentralva.com You’re generally able to negotiate rents quite well in Charlottesville.

These are the best sites I have found to search for rentals.

http://www.readthehook.com
http://c-ville.com
http://www.dailyprogress.com
http://brac.com
http://charlottesville.craigslist.org/

–Jim
http://www.realcentralva.com

]]>