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Old 11-03-2015, 10:34 AM
 
Location: Tennessee
23,587 posts, read 17,582,380 times
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Quote:
Originally Posted by nep321 View Post
Nope, the data is as of 2014. But it is possible that rents increased even higher into 2015.
Where aren't rents going up significantly though?
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Old 11-03-2015, 08:37 PM
 
Location: Jacksonville, FL
11,145 posts, read 14,129,269 times
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Quote:
Originally Posted by Serious Conversation View Post
Where aren't rents going up significantly though?
Rents are actually going DOWN in many metro areas, such as:

Sacramento
Salt Lake City
New Orleans
Albuquerque

and many more, but they tend to be small cities
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Old 11-03-2015, 09:20 PM
 
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New Orleans average rent has been rising from what I've noticed.
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Old 11-03-2015, 09:25 PM
 
Location: Nashville TN
4,925 posts, read 4,917,969 times
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Not really if you have a good paying job.
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Old 11-03-2015, 11:42 PM
 
1,376 posts, read 1,008,109 times
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Quote:
Originally Posted by nep321 View Post
Rents are actually going DOWN in many metro areas, such as:

Sacramento
Salt Lake City
New Orleans
Albuquerque

and many more, but they tend to be small cities
Rents are going down in Sacramento?

http://www.bizjournals.com/sacrament...ason-isnt.html
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Old 11-04-2015, 06:05 AM
 
Location: Jacksonville, FL
11,145 posts, read 14,129,269 times
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Quote:
Originally Posted by CanuckInPortland View Post
Rents are going down in Sacramento?

http://www.bizjournals.com/sacrament...ason-isnt.html
I was talking about the Sacramento metropolitan area; not the city itself. According to the Census data, the median rent in the Sacramento metro area has decreased from $1,060 to $1,057 from 2013 to 2014. 2015 data is not yet available.
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Old 11-04-2015, 07:24 AM
 
3,961 posts, read 3,494,500 times
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Quote:
Originally Posted by nep321 View Post
I was talking about the Sacramento metropolitan area; not the city itself. According to the Census data, the median rent in the Sacramento metro area has decreased from $1,060 to $1,057 from 2013 to 2014. 2015 data is not yet available.
I wish the rents would go down in the small city I live in
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Old 12-04-2015, 08:25 PM
PDF
 
11,386 posts, read 10,523,590 times
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I agree with this. Some of these rents are really shocking to me. Some of the "affordable" cities really aren't that affordable anymore. Paying $1,300-1,600 to live in an urban neighborhood in one of these cities is not really worth it. Even here in Raleigh, rents are rising rapidly.
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Old 12-05-2015, 09:15 AM
 
Location: Cleveland, OH
453 posts, read 733,387 times
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Quote:
Originally Posted by Minervah View Post
Exactly this. As a bonus, places like this is where you will find the really cool people in my opinion. It's only when the become "discovered" that they become super expensive, trendy and overcrowded. That's when they lose their character and charm for the people who are seeking a city that has uniqueness and variations in its culture.
I have a lot of respect for the wisdom you spout on these boards Minervah!

However, I don't think Portland, Seattle, SF have necessarily just been discovered. They are hot spots of cultural, academic, and industrial successes.
It is easier to find tech/marketing jobs in the above cities than it is in Cleveland for example. It would be easier to find a marketing company for marijuana in the cities listed above. Not in Cleveland or Louisville.

I have lived in Louisville and agree that there are a lot of "really cool people" there - but they have a different mindset compared to those that hail from a larger/"cooler" city like Chicago, NYC, or even Miami. I would argue that these cities have "cooler" people - whatever that definition is - but it is because of access to the amenities and exposure to more liberal laws.

I currently live in Portland, OR and appreciate the energy, public transportation, and melding of ideas. I met someone that waxed on about their job at Intel, and at the same party spoke to people in the arts, medicine, and ecology. I didn't have the same access in Louisville.
Portland isn't necessarily losing it's culture - it is just changing.


Bigger cities on the West/East Coast will continue to be the "cool" places to live and will continue to spur creative energy more so that smaller "undiscovered gems" in my opinion.
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Old 12-05-2015, 10:05 AM
 
21,196 posts, read 30,388,339 times
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Quote:
Originally Posted by PDF View Post
I agree with this. Some of these rents are really shocking to me. Some of the "affordable" cities really aren't that affordable anymore. Paying $1,300-1,600 to live in an urban neighborhood in one of these cities is not really worth it. Even here in Raleigh, rents are rising rapidly.
Rent is usually based on average wage and supply/demand. Obviously it's working for those intended...
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