Rents across the nation are creeping up. But in some cities they´re not rising slightly so much as skyrocketing. Although the average rent across the U.S. is $1,231 per month, in certain areas it can be triple that number. Landlords can afford to charge such daunting prices because there are so few apartments available in high-demand cities. (Snip) Of the 10 cities on the list, six are located on the West Coast, while the other four are on the opposite side of the country on the East Coast. Of the six out west, five are located in California,
One of the main reasons rents are skyrocketing is the fact that lenders are requiring AAA+ credit in order to get a mortgage. After the Feds, courtesy of Jimmah Carter (Community Reinvestment Act), Bill Clinton (Community Reinvestment Act on Steroids), Dodd, Frank & Co., frigged up the housing industry by mandating NoDoc loans to people who weren´t qualified to get a washing machine on credit, the whole industry blew up. Now, lenders have flipped to the other side of the coin. Naturally, if you can´t sell the house since few qualify to get a mortgage to buy the house, you rent it out at market rates...which equal mortgage + taxes + maintenance + profit. There´s usually a long list of prospective renters who´ll begrudgingly pay the price...seeing as they do have to have a place to live.
Boy that hurts Seniors big time. Most of those rents are more than I make a month in retirement. Thankfully I bought this house when it was affordable (7 years ago), mortgage, taxes and Insurance runs $472/month.
In this area Appraisers should be spanked and run out of town. They are appraising houses for far less than they are worth. They whine that "it´s the market", I say "it´s stupidity" or "it´s greed".
We have remained in the first home we ever bought. We really didn´t need anything bigger or better. No need for a three car garage, a pool, four bathrooms or a yard we could not take care of. I do not begrudge those that want those things but we didn´t. We made improvements that did not cost an arm and a leg and our house was paid off by the time we were 50. Our mortgage payment was never over $205 a month. So we will stay where we are. If my husband dies first I will buy a condo and if I die first he will stay in the house. We are close to everything we need so we will stay put. With one bedroom apartments going for $700 a month plus utilities I am content with our decision.
I couldn´t imagine living in a city. I don´t even like visiting cities. I live 45 miles from Boston and I´ve only been there 5 times in 15 years, mostly to pick up relatives who were too cheap to fly into Manchester.
Prices also rise when supply is restricted. Rent controls and ´green space´ provisions and fascist zoning/building restrictions and requirements tend to limit supply of the buildings or the land to put the buildings on. So the market cannot easily build more supply to satisfy the demand - and prices rise. Same if the money supply is inflating, too.
Soon Sanford Florida will be at the top with the doj, wh, acorn, pink panters, media and other feral fascist regime parrots and puppets seeking posh lodging at mere taxpayers expense. For you wanna be ambassadors and entrepreneurs you might consider putting a bath house restaurant featuring dominatrix “sas” wh garden cuisine and a mescal bar. This was not reviewed by "Big Sis". It is busy singing.
Those here who talked about owning a house for a reasonable amount should be aware that a house in these markets is outrageous, too. Even if you bought your house a long time ago, and your mortgage payment is low, taxes and insurance are more than the actual mortgage payment. You could owe $300/month on your loan, but have another $1,500 or so per month in real estate tax and home insurance.
I moved from Minneapolis, Minnesota area where I paid $300 a month plus utilities for a duplex. It had a yard and a garage too. I moved in 1988 and came here to Oxnard, Ventura, CA (by the ocean about 60+ miles from downtown Los Angeles) and my first place was an apartment and was $900. No yard and a parking space outdoors and crowded with too many people.
You can still get a big place, heck you can buy a home back in Minneapolis area for less then the rent out here. I wish global warming was real. It was the 6 months of winter that drove me away.
#18, how many bedrooms does your sister have? Does she have a yard, and privacy? How much equity do you have built up in your apartment? Non. As for those renting in San Francisco, spending over $30,000 a year with nothing to show for it doesn´t sit too good with me. And I can sell my home for about 25 times its cost. How many renters can say that?
#19 ... two bedrooms, one bath, corner lot that´s rather small, small backyard, one car garage.
I owned homes before in CA - two of them. I´m not interested in upkeep, maintenance or building equity. I´ve invested my money elsewhere - someplace that doesn´t require that I mow the law and fix the roof.
TYLER, TX (KLTV) - Country Music Hall of Fame member and country music legend Ray Price, 87, plans to leave East Texas Medical Center in Tyler on Thursday to go to his home in Mount Pleasant where he will be provided with hospice care. Price, who is best known for his country classics, including Release Me, Crazy Arms and For the Good Times, has been battling pancreatic cancer since 2011. Since then, the disease has spread to his liver, intestines and lungs, even with aggressive treatment. Price and his wife, Janie, who have been married for 45 years, made the
HOUSTON - "Affluenza," the term used by a psychologist to argue that a North Texas teenager from a wealthy family should not be sent to prison for killing four pedestrians while driving drunk, is not a recognized diagnosis and should not be used to justify bad behavior, psychologists said Thursday. The term was popularized in the late 1990s by Jessie O´Neill, the granddaughter of a past president of General Motors, when she wrote the book "The Golden Ghetto: The Psychology of Affluence." It has since been used to describe a condition in which children — generally from richer families —
WASHINGTON — The House moved toward passage of a bipartisan budget accord on Thursday evening that is intended as a truce in the spending battles that have paralyzed Congress for nearly three years, as leaders in both parties sought to marginalize hard-line conservatives opposed to any compromise. With bipartisan support in hand, Speaker John A. Boehner of Ohio declared open warfare on the outside conservative groups that have tried to scuttle the budget deal. For the second day in a row, he accused groups like Club for Growth, Heritage Action and Americans for Prosperity of reflexively opposing a reasonable plan
WASHINGTON – The Obama administration moved Thursday to help tens of thousands of sick Americans who have struggled to enroll in health coverage for next year because of problems with the rollout of new insurance marketplaces created by the president’s health law. The Department of Health and Human Services announced that patients who have been enrolled in special insurance plans for consumers denied coverage elsewhere would be able to stay on those plans until the end of January. Nearly 86,000 people are currently in such plans. These state-based plans – known as Pre-existing Condition Insurance Plans – were created by
Wall Street´s third down day in a row pushed stocks to their lowest levels in a month as investors worried that the end may be nearing for the Federal Reserve´s support for the economy. The Fed´s stimulus efforts have been a key factor in the bull market that has pushed the Standard & Poor´s 500 index 25 higher percent this year. Investors know it will end sooner or later. But the timing, and the fallout, are uncertain. Until this month, stocks had risen for eight weeks straight. But stocks posted their biggest declines in five weeks on Wednesday, and dropped
Approximately 800 school children waving American flags greeted the Wreaths Across America convoy at their school on Wednesday in Middletown, N.J., for a wreath laying ceremony and tribute honoring World War II veterans who fought in the Battle of the Bulge. The WAA caravan included over 10 trailer trucks filled with wreaths. The group is laying wreaths to honor and remember the country’s veterans during its weeklong journey, which began in Maine on Dec. 7. Its final stop will be at Arlington National Cemetery on Dec. 14, where at least 100,000 wreaths will be laid on the graves of veterans.
(Video) Speaker John Boehner´s (R-Ohio) outburst Thursday at outside conservative groups is going viral on the Internet. Boehner voiced incredulity Thursday that the same groups that pushed Republicans to shut down the government later said they knew the strategy wouldn´t succeed in defunding ObamaCare. “Are you kidding me?!” Boehner exclaimed at the GOP´s press conference at the Capitol. It’s the second day in a row Boehner has criticized the groups. People began tweeting that Boehner’s outburst would make a good Gif.
"The Price Is Right" host Bob Barker is endorsing lobbyist David Jolly, one of two Republicans vying for deceased Rep. Bill Young´s (R-Fla.) seat. Barker makes the endorsement in a new campaign ad that will run during a special "The Price Is Right" episode on Thursday. The ad could help Jolly win over perhaps the key demographic in the GOP primary race: seniors. According to National Journal´s Almanac of American Politics, more than a fifth of Young´s district is over 64 — the target demographic for "The Price Is Right." The ad is set to run Thursday as Barker makes a
Paul Ryan wants everyone in D.C. to remember the Rolling Stones. “There’s this older British guy who says ‘you can’t always get what you want, but if you try sometimes you just might find, you get what you need,” he said on Thursday’s Morning Joe with a smile. Ryan is fighting for the budget he negotiated with Washington’s Sen. Patty Murray (D), but not everyone is happy. Major tea party-allied groups came out in advance of the deal to condemn it. Tea party darlings Sens. Marco Rubio, Rand Paul and Ted Cruz, all expressed disappointment in the deal, as well
On Tuesday, Rep. Paul Ryan, R-Wis., and Sen. Patty Murray, D-Wash., revealed their budget plan to the world. I would say it was immediately met with complaints, but those complaints started before it was introduced. Is it perfect? Absolutely not. But are there other plans? No. Outside groups called for opposing it before they’d read it, Members of Congress said they’d vote against it before they knew what was in it. I’d like to take these people with me to buy lottery tickets since they seem to have some form of clairvoyance. I get the anger of conservatives, I’m right
Washington- American Airlines kicked off its freshly minted status as the world´s largest carrier Thursday with an aggressive order for $3.9 billion worth of regional jets from Brazil´s Embraer and Canada´s Bombardier. Three days after completing its merger with US Airways, the new American said it had inked deals to buy 30 CJR900 NextGen aircraft from Bombardier, and 60 Embraer E175s. Bombardier said its deal was worth $1.42 billion, while Embraer put a $2.5 billion value on its order. American also has options to buy an additional 40 CJR900s and 90 E175s. American said the 76-seat regional jets ordered will
Her sexy wardrobe (and racy reputation) have earned her the nickname ‘Gucci Helle’ in her native Denmark. It’s the kind of profile you would normally associate with, say, a footballer’s wife, or a model, not a prime minister. But then Danish leader Helle Thorning-Schmidt, 46, who dragged Barack Obama and David Cameron into that embarrassing ‘selfie’, is not a typical head of state, not by British standards anyway. How many premiers, for example, when heckled at a public meeting about their wardrobe would have replied bluntly: ‘We can’t all look like s***.’ Or boarded a military plane to wartorn Libya
New York — The anchor who might beat Bill O’Reilly gets her eyelash extensions applied one at a time, with tweezers and dabs of glue, about 90 minutes before showtime, right after a motorized gun sprays foundation over her face, neck, shoulders, collarbone and sternum, wiping out a galaxy of light freckles that spreads across her — Let me stop you right there. Photos of the day Uruguay legalizes marijuana, Kiev police pull back from protesters, aging U.S. prison population and more. Tuesday´s Photos of the day Would you write this way about a man? About O’Reilly himself? At least that’s what Megyn Kelly might ask at
When I was a kid, I knew two different Santa Clauses. The first had a fat belly, rosy cheeks, a long white beard, and skin as pink as bubble gum. He was omnipresent, visiting my pre-school and the local mall, visible in all of my favorite Christmas specials. Then there was the Santa in my family’s household, in the form of ornaments, cards, and holiday figurines. A near-carbon copy of the first one—big belly, rosy cheeks, long white beard: check, check, check. But his skin was as dark as mine. Seeing two different Santas was bewildering. Eventually I asked my father what
US President Barack Obama may have moved the masses attending Nelson Mandela’s memorial service with his stirring eulogy, but it was his grinning "selfie" with the Danish and British premiers that set social networks abuzz. In a candid moment captured by a photographer, Denmark’s Prime Minister Helle Thorning-Schmidt can be seen holding up her smartphone, with Obama lending a helping hand, as they pose for a picture with David Cameron, all three of them smiling broadly in their seats at Soweto’s World Cup stadium.(Snip)Mashable, the news and technology website, ran the photograph under the headline: ‘‘Dear Obama: Funerals are no place
In August 2013 I became very sick with what I thought was a cold. After a few days I lost vision in my left eye and I checked into the hospital. I soon found out that what I thought was a summer cold was actually Strep bacteria poisoning my blood stream. The bacteria blinded my left eye, ate a hole through my heart, caused five strokes on both sides of my brain and forced the removal of my prosthetic left knee. Dr. Lee was the surgeon assigned to perform open heart surgery. What was originally scheduled to last four hours ended
Johannesburg - A man who provided sign language interpretation on stage for Nelson Mandela´s memorial service, attended by scores of heads of state, was a "fake," the national director of the Deaf Federation of South Africa said on Tuesday. Asked about the claim by The Associated Press, South Africa´s government said it was preparing a statement. Three sign language experts said the man was not signing in South African or American sign languages. South African sign language covers all of the country´s 11 official languages, according to the federation. It wasn´t immediately clear if the unidentified man was using a
The health director who approved the release of President Obama’s birth certificate has died in a plane crash, Hawaiian officials said Thursday. Loretta Fuddy died after the Cessna Grand Caravan aircraft she was travelling on went down shortly after leaving Kalaupapa Airport at around 3:15 p.m. local time (10:15 a.m. ET) on Wednesday. The other eight people on board were rescued, Richard Schuman, president of Makani Kai Air, told NBC News early Thursday, adding that that there was no indication as to why the plane had crashed. Fuddy hit the headlines two years ago when she approved a waiver request allowing Obama to
House Speaker John Boehner (R-Ohio) snapped at conservative groups that have come out in opposition to the budget deal reached Wednesday between Rep. Paul Ryan (R-Wis.) and Sen. Patty Murray (D-Wash.). "They´re using the American people for their own purposes. This is ridiculous," Boehner said at a press conference with other members of House Republican leadership on Wednesday. Over the past few days, a number of conservative groups have blasted the deal because it sets discretionary spending levels in the budget higher than previous levels under sequestration. In the past three days, the influential Heritage Action, Club for Growth, Americans
President Obama’s job approval among American voters has dropped to negative territory with just 38 percent voicing their approval versus the 58 who says they disapprove, according to a national poll released Tuesday by the independent Quinnipiac University. That is one percent less than the 39% who said they approved of him in last month’s poll. The majority of the 2,692 registered voters the University in early December said that the president is not honest and trustworthy. When asked, “Do you approve or disapprove of the way Barack Obama is handling his job as President?,” respondents gave Obama lackluster ratings
Looks like this president can’t get away with flirting in front of his wife… It appears that first lady Michelle Obama was none too pleased with the way that President Barack Obama was acting toward Denmark Prime Minister Helle Thorning-Schmidt during a ceremony honoring Nelson Mandela, and before too long, they switched seats. This lmao! Michelle Obama vs Prime Minister of Denmark at Mandela´s ceremony. pic.twitter.com/Rq4uF9fTaZ — Stun (@TheBlogPirate) December 10, 2013
The sign language interpreter at Nelson Mandela´s memorial yesterday "made up his own signs," according to South Africa´s deaf federation. "He´s a complete fraud," Cara Loening, director of Sign Language Education and Development in Cape Town, said according to ITV News. "He wasn´t even doing anything, There was not one sign there. Nothing. He was literally flapping his arms around." Delphin Hlungwane, an official South African sign language interpreter at DeafSA, told Reuters:
If you go down on the ice today you´re sure of a big surprise - a rare glimpse of 20 polar bears gorging on a bloody midnight feast. These photographs show a rare cluster of males, females and cubs all dining out on the remains of a whale carcass. They spent a night and a day stripping every last morsel from the mammoth sea creature. Usually Polar bears are solitary and would never tolerate being so close to each other. But with food in plentiful supply and bellies dragging on the floor they seem too lethargic to fight.Wildlife photographer Michal