Empty feeling: 28% of Orlando-area housing units vacant | |
Dr Doom
User ID: 833993 United States 01/27/2010 02:31 AM Report Abusive Post Report Copyright Violation | |
Rev. Spiralgazer
User ID: 798834 United States 01/27/2010 02:31 AM Report Abusive Post Report Copyright Violation | |
Dr Doom
User ID: 833993 United States 01/27/2010 02:50 AM Report Abusive Post Report Copyright Violation | How's this for a conspiracy theory... First world nations are receiving massive amounts of third world immigrants. If there were no third world immigration, the white people of those nations [most all of them are white] would be curious and concerned at the massive decline of their population. Of course, we are told the white birthrate in all first world nations is in serious decline. Here is where the conspiracy theory comes in... What if we have been told a lie... what if there is not actually a serious a decline in first world birthrates... what if first world citizens[subjects] are slowly being removed and transplanted somewhere else ? Any thoughts ? ~ __________ ____ |
Anonymous Coward User ID: 871961 United States 01/27/2010 02:53 AM Report Abusive Post Report Copyright Violation | How's this for a conspiracy theory... Quoting: Dr DoomFirst world nations are receiving massive amounts of third world immigrants. If there were no third world immigration, the white people of those nations [most all of them are white] would be curious and concerned at the massive decline of their population. Of course, we are told the white birthrate in all first world nations is in serious decline. Here is where the conspiracy theory comes in... What if we have been told a lie... what if there is not actually a serious a decline in first world birthrates... what if first world citizens[subjects] are slowly being removed and transplanted somewhere else ? Any thoughts ? ~ I guess the massive overbuilding of houses and apartments has nothing to do with the low vacancy rates? The continually build new houses and apartment and condo buildings every month it seems like. |
Dr Doom
User ID: 833993 United States 01/27/2010 03:03 AM Report Abusive Post Report Copyright Violation | How's this for a conspiracy theory... Quoting: Anonymous Coward 871961First world nations are receiving massive amounts of third world immigrants. If there were no third world immigration, the white people of those nations [most all of them are white] would be curious and concerned at the massive decline of their population. Of course, we are told the white birthrate in all first world nations is in serious decline. Here is where the conspiracy theory comes in... What if we have been told a lie... what if there is not actually a serious a decline in first world birthrates... what if first world citizens[subjects] are slowly being removed and transplanted somewhere else ? Any thoughts ? ~ I guess the massive overbuilding of houses and apartments has nothing to do with the low vacancy rates? The continually build new houses and apartment and condo buildings every month it seems like. Why did you respond to my post ? Your response didn't address anything I posted. ~ __________ ____ |
Anonymous Coward User ID: 750924 United States 01/27/2010 03:06 AM Report Abusive Post Report Copyright Violation | Not for long - the Haitians are coming! Quoting: Rev. SpiralgazerHide your chickens and your goats. May sound funny to most, but.... I have a sister-in-law who lives just outside of New Orleans. She has a farm and keeps herds of goats and quail for the most part. Shortly after Katrina, she came home from work one day to find her entire herd of goats (about 25) had been killed. All she ever found was their heads. |
Anonymous Coward User ID: 516046 United States 01/27/2010 03:12 AM Report Abusive Post Report Copyright Violation | |
freeone
User ID: 830974 United States 01/27/2010 03:13 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 875035 United States 01/27/2010 03:16 AM Report Abusive Post Report Copyright Violation | WHERE are the people going ? Quoting: Dr DoomHas depopulation officially begun ? Are the illegals secetly being sent home ? ? moving back with family. renting in smaller private apts that are not officially recorded. (like people that rent out backrooms in houses) |
Seamus
User ID: 854278 United States 01/27/2010 03:22 AM Report Abusive Post Report Copyright Violation | B) More younger people moving back in to parent's home. Or moving into homes of other relatives. Also people with homes requesting friends or siblings etc. to move in with them and share the mortgage pmt. C) Some place, like Orlando, are just, 1) already were overbuilt, or in the process of being overbuilt, and 2) lacking jobs - therefore people can't stay in Orlando and pay rent after the unemployment checks run dry. 'When Plunder becomes a way of life for a group of men, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it.' Frederic Bastiat, 'The Law' 1850 ++++++++++++++++++++++++++ "The business of the journalists is to destroy the truth, to lie outright, to pervert, to vilify, to fawn at the feet of mammon, and to sell his country and his race for his daily bread. You know it and I know it, and what folly is this toasting an independent press? We are the tools and vassals of rich men behind the scenes. We are the jumping jacks, they pull the strings and we dance. Our talents, our possibilities and our lives are all the property of other men. We are intellectual prostitutes." JohnSwinton, 1830-1901, Former chief-of-staff New York Times ++++++++++++++++++++++++++ "The bold effort the present bank has made to control the Government, the distress it has wantonly produced ... are but premonitions of the fate that awaits the American People should they be deluded into a perpetuation of this institution (The Bank of the United States), or the establishment of another like it." Andrew Jackson (December 2, 1834) |
Anonymous Coward User ID: 874708 Ireland 01/27/2010 04:26 AM Report Abusive Post Report Copyright Violation | Not for long - the Haitians are coming! Quoting: Rev. SpiralgazerHide your chickens and your goats. Correct. Obama will let in 250,000 at least, to fill up the vacant properties. You must all learn to live with the reality of waht actually happened down there.... |
anonymous User ID: 875286 United States 01/27/2010 04:37 AM Report Abusive Post Report Copyright Violation | |
Doominator User ID: 162364 United States 01/27/2010 05:03 AM Report Abusive Post Report Copyright Violation | |
JoeNeubarth
User ID: 851017 United States 01/27/2010 07:04 AM Report Abusive Post Report Copyright Violation | WE ARE IN A DEPRESSION. During the last Depression in the 1930's, whole families moved back home with parents or inlaws. When everything goes to hell, you have to make do with whatever you can. IMAGE ( [link to i17.photobucket.com] ) Look at the reality. I expect Obama to say that new house sales are a new green shoot that proves the economy is improving. 1st Place in Novel Sales for 6 yrs! [link to www.mobipocket.com] |
Traveler
User ID: 655776 United States 01/27/2010 07:23 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 703302 United States 01/27/2010 07:26 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 874629 United States 01/27/2010 07:35 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 645607 United States 01/27/2010 07:37 AM Report Abusive Post Report Copyright Violation | haitins will inhabit more than pine hills.....errrr crime hills port~ohh~orLANDohh so if all the haitins that want to moved to florida ......this would ensure some darn good demoCRAPtic results for years right???.....lol ps: nagin in new orleans wants some more....let him have um...lolo |
Anonymous Coward User ID: 831165 United States 01/27/2010 08:57 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 875400 United States 01/27/2010 09:03 AM Report Abusive Post Report Copyright Violation | Not for long - the Haitians are coming! Quoting: Rev. SpiralgazerHide your chickens and your goats. Heres how this works. Bring in people from poor nations who are uneducated and desperate. They'll do anything just to 'survive', and they're easy targets of 'opportunity'! They're ignorant as to the machinations of their 'masters', the demoncats, the republicons, and the independnots who are all in bed with the global corporations! |
INK User ID: 874595 United States 01/27/2010 09:18 AM Report Abusive Post Report Copyright Violation | I was in Orlando about three years ago, and even though the economy was slowing, they were still building. I remember seeing a massive apartment complex, which the owners were attempting to "sell" as timeshares. No takers, but they kept building. Ridiculous. |
Anonymous Coward User ID: 875418 United States 01/27/2010 09:32 AM Report Abusive Post Report Copyright Violation | Not for long - the Haitians are coming! Quoting: Rev. SpiralgazerHide your chickens and your goats. Please tell me how the Haitian's are going to pay for the rent? Oh I know they will cut our Social Security checks and our Medicare Health plan benefits. It's only fair as we Americans have worked all of our lives and now WE are getting screwed. Why not take these condos/apartments and make them into Senior housing so some of us seniors can live in affordable housing and stay warm. Hubby (also a Korean Vet) would love to move to FL but can't afford it. Let the government buy the condos for the elderly housing. |
Anonymous Coward User ID: 872534 United States 01/27/2010 09:35 AM Report Abusive Post Report Copyright Violation | Empty feeling: 28% of Orlando-area housing units vacant Quoting: Anonymous Coward 838921-------------------------------------------------------------------------------- [link to www.orlandosentinel.com] Empty feeling: 28% of Orlando-area housing units vacant But housing pain is renters' gain as apartments dangle enticements By Mary Shanklin, Orlando Sentinel 10:52 PM EST, January 21, 2010 Orlando had more vacant houses, condos and apartments than any other major U.S. city during the third quarter, driving down rents and sparking landlord concessions just five years after finding an apartment was virtually impossible. The four-county metro area had a vacancy rate of 28 percent for all housing in the late summer months of 2009, according to the newest U.S. census information. Orlando's vacancies surpassed those of any of the other top 75 metropolitan areas in the country. The information, drawn from a sampling with a 7 percent margin of error, is yet another indicator of the magnitude of the housing slump in this market. The Orando area has the nation's 11th-highest foreclosure rate and what may be the country's largest drop in condo prices. The abundance of vacant foreclosures and condominiums for rent has created a new market for tenants, driving the vacancy rate at established apartment complexes to 12 percent — its highest level in decades. Local experts talk of rent reductions and unprecedented concessions, with some landlords offering months of free rent. Apartment-complex managers who would have shunned foreclosure victims in the past are now more willing to overlook that transgression on applicants' credit histories. Still others are offering prospective tenants deals on parking and storage. University of Central Florida student Brian Poley said he researched rents for two months before he and Jennifer Lambert signed a lease last month for an apartment overlooking Lake Eola. While the going price for such a unit used to be $1,300, plus monthly parking for as much as $100, they got a place for $1,100 a month with free parking. "Everyone who sees this, my friends and family, loves it," Poley said. "Plus we walk everywhere, so we don't pay tolls or parking or as much for gas." Apartments in the Orlando area are generally leasing for 5 percent to 6 percent less than they did a year ago. Rental complexes downtown and near major employers are faring better than average, said Robert E. Smith, president of Smith Equities Real Estate Investment Advisors of Orlando. "If you have a good property, you're not in bad shape," said the longtime apartment expert. "If you're not close to jobs, you're dying." The last time local apartment vacancies exceeded 10 percent was after the terrorists attacks in September 2001, and they eclipsed 13 percent in 1987. The realities of renting in Central Florida have changed completely since 2005, when Orlando led the nation in conversions of apartment complexes into condominiums, and renters had trouble finding a place to lease. "The reason why our vacancy rate is so high is because we had 400,000 units — and then just 350,000 a few years ago, when units started converting to condo," said Mark Smith, senior investment advisor at Smith Equities. "Now they're going back on the market as rentals." On a nationwide level, the Web portal Rent.com surveyed owners of about 1 million apartment units and found that most blame rising vacancy rates on the country's job losses. More than half of those surveyed said tenants had moved out in an attempt to save money by moving in with roommates or finding a better deal. With so many U.S. homeowners losing their homes to foreclosure, 43 percent of the landlords surveyed said they have modified their credit policies to fill more units, while 20 percent said they now review foreclosure cases and have made exceptions for prospective tenants whose only credit flaw is defaulting on a mortgage. About two-thirds of the property owners indicated that they have lowered their prices or provide at least one month's free rent. About one-third have reduced their deposit amounts, while a smaller percentage are offering unit upgrades, loosening policies for breaking the lease or offering breaks on storage and parking fees. Some have even relaxed their pet policies. "We've seen landlords giving cruises for two. Laptops and iPods are big, because they're not as expensive, and everyone wants one," said Peggy Abkemeier, president of Rent.com, which represents 25,000 large-complex owners across the U.S. "We are also seeing tenants get tickets to sports games and flat-screen TVs, which increases the value when they move out." One of Orlando's largest apartment companies, Camden Trust, is not offering concessions; instead, it shifts its prices daily in response to supply and demand for various types of units, said Ed Malone, the company's regional vice president. The company also instituted a home-buyer protection program, which is a one-time charge of $500 that allows tenants who purchase a home to break a lease without paying a full month's rent as penalty. Malone said the service is a money-saver for residents who have an eye on getting their own place. In terms of apartment-vacancy rates, Orlando is better than Tampa and other hard-hit markets, Malone said. And even taking into account Orlando's foreclosed homes, empty condos and rental town homes, he said, it's tough to believe Orlando has nation's highest vacancy rate. "I still find it hard to believe that it's worse than Vegas," he said. __________________ So? 25% of them were vacant in 2006 before the housing crash. They were bought by people trying to flip houses to make a profit. They weren't counted as vacant because the owners were paying the mortgage and upkeep. But they were fucking empty. |
Anonymous Coward User ID: 855814 United States 01/27/2010 09:40 AM Report Abusive Post Report Copyright Violation | |
awthrawthr
User ID: 875425 United States 01/27/2010 09:42 AM Report Abusive Post Report Copyright Violation | WHERE are the people going ? Quoting: Dr DoomHas depopulation officially begun ? Are the illegals secetly being sent home ? ? Most likely Orlando was massively over built. Many properties were probably speculative investments rather than primary residences. A few years ago, Orlando looked like a "can't lose" proposition. And then four hurricanes hit FL, insurance and real estate taxes jumped, and the price of gas went to $4 a gallon. Last Edited by AwthrAwthr on 01/27/2010 06:25 PM Got pain? Free relief. [link to lowerpain.org] |
Drakensang
User ID: 874959 United Arab Emirates 01/27/2010 10:05 AM Report Abusive Post Report Copyright Violation | Not for long - the Haitians are coming! Quoting: Anonymous Coward 750924Hide your chickens and your goats. ..................................................... May sound funny to most, but.... I have a sister-in-law who lives just outside of New Orleans. She has a farm and keeps herds of goats and quail for the most part. Shortly after Katrina, she came home from work one day to find her entire herd of goats (about 25) had been killed. All she ever found was their heads. "Tut tut. No need to worry. Under my new Haitian Relocation plan, all needy Haitian refugees will be given free housing in the empty Orlando units, extending to senior citizen centers in nearby towns where geezers and gits are ready to check out forever. My Haitian Relocation plan will force all patriotic neighbors to give freely of their food and time to help these traumatized Haitian souls. Mind you, there will be zero tolerance of religious discrimination, so if your pet goat is missing his head, rest assured it is being ceremoniously honored by voodoo priests who have protected freedom to curse your families." Last Edited by Drakensang on 01/27/2010 10:11 AM |
Anonymous Coward User ID: 872174 United States 01/27/2010 10:08 AM Report Abusive Post Report Copyright Violation | How's this for a conspiracy theory... Quoting: Dr DoomFirst world nations are receiving massive amounts of third world immigrants. If there were no third world immigration, the white people of those nations [most all of them are white] would be curious and concerned at the massive decline of their population. Of course, we are told the white birthrate in all first world nations is in serious decline. Here is where the conspiracy theory comes in... What if we have been told a lie... what if there is not actually a serious a decline in first world birthrates... what if first world citizens[subjects] are slowly being removed and transplanted somewhere else ? Any thoughts ? ~ First World.. Third World. There only is one world. |
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