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Coronita.
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August 1, 2008 at 7:30 PM #13494August 2, 2008 at 12:25 AM #250707
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ParticipantThere were the fires in October in that area and the REOs are sitting vacant. Rents will go down, put right now it is supply and demand issue. There is a glitch in supply pushing up rent. Houses will very slowly start being replaced in October from the fires and Banks will start selling their REOs when they are forced to mark to market.
Rent should be lower next year.
August 2, 2008 at 12:25 AM #250935ParticipantThere were the fires in October in that area and the REOs are sitting vacant. Rents will go down, put right now it is supply and demand issue. There is a glitch in supply pushing up rent. Houses will very slowly start being replaced in October from the fires and Banks will start selling their REOs when they are forced to mark to market.
Rent should be lower next year.
August 2, 2008 at 12:25 AM #250926ParticipantThere were the fires in October in that area and the REOs are sitting vacant. Rents will go down, put right now it is supply and demand issue. There is a glitch in supply pushing up rent. Houses will very slowly start being replaced in October from the fires and Banks will start selling their REOs when they are forced to mark to market.
Rent should be lower next year.
August 2, 2008 at 12:25 AM #250868ParticipantThere were the fires in October in that area and the REOs are sitting vacant. Rents will go down, put right now it is supply and demand issue. There is a glitch in supply pushing up rent. Houses will very slowly start being replaced in October from the fires and Banks will start selling their REOs when they are forced to mark to market.
Rent should be lower next year.
August 2, 2008 at 12:25 AM #250862ParticipantThere were the fires in October in that area and the REOs are sitting vacant. Rents will go down, put right now it is supply and demand issue. There is a glitch in supply pushing up rent. Houses will very slowly start being replaced in October from the fires and Banks will start selling their REOs when they are forced to mark to market.
Rent should be lower next year.
August 2, 2008 at 6:11 AM #250882orthofrancis
ParticipantSeeing lower rents in Los Angeles.
August 2, 2008 at 6:11 AM #250888ParticipantSeeing lower rents in Los Angeles.
August 2, 2008 at 6:11 AM #250954ParticipantSeeing lower rents in Los Angeles.
August 2, 2008 at 6:11 AM #250725ParticipantSeeing lower rents in Los Angeles.
August 2, 2008 at 6:11 AM #250946ParticipantSeeing lower rents in Los Angeles.
August 2, 2008 at 7:02 AM #250887EconProf
ParticipantAbsent a big recession, rents will keep going up at the 3 – 4% pace they have been in recent years. The best indicator of future rents is the vacancy rate, and it is not high or likely to go up much given the dropoff in construction. A big outmigration of people, of course, would change everything in the rental arena.
August 2, 2008 at 7:02 AM #250893ParticipantAbsent a big recession, rents will keep going up at the 3 – 4% pace they have been in recent years. The best indicator of future rents is the vacancy rate, and it is not high or likely to go up much given the dropoff in construction. A big outmigration of people, of course, would change everything in the rental arena.
August 2, 2008 at 7:02 AM #250730ParticipantAbsent a big recession, rents will keep going up at the 3 – 4% pace they have been in recent years. The best indicator of future rents is the vacancy rate, and it is not high or likely to go up much given the dropoff in construction. A big outmigration of people, of course, would change everything in the rental arena.
August 2, 2008 at 7:02 AM #250959ParticipantAbsent a big recession, rents will keep going up at the 3 – 4% pace they have been in recent years. The best indicator of future rents is the vacancy rate, and it is not high or likely to go up much given the dropoff in construction. A big outmigration of people, of course, would change everything in the rental arena.
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