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Old 09-03-2016, 11:12 AM
 
Location: Shelby County ,Tn
776 posts, read 707,298 times
Reputation: 618

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Since the Housing Market is a Good Indicator of How Popular or How well a city is doing Which City has the Hottest In-Demand Housing or Apartment Rental Market in the Nation.

As A Rule of Thumb the More Expensive Housing is or if Housing/Apartment Prices/Rents are Rising the More Desirable That City is

If Housing Prices are Cheap The less desirable that city is


-City with the Fastest Rising Rent
-City with Most Expensive Housing (i.e. most desirable)
-City with the Least Expensive Housing
-Unexpected city that surprisingly has rising Rents
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Old 09-03-2016, 11:17 AM
 
7,694 posts, read 4,551,558 times
Reputation: 8371
It's not that simple. Places like Baltimore and Hartford have housing costs as high or higher than places that many people would consider more desirable. Housing markets aren't always efficient, and housing cost is not necessarily indicative of people's desire to live in a city.

http://www.city-data.com/forum/45272995-post13.html

Do you say that Orlando was more desirable than Atlanta? Reno more desirable than Raleigh?
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Old 09-03-2016, 01:06 PM
 
21,182 posts, read 30,336,326 times
Reputation: 19590
Quote:
Originally Posted by gladhands View Post
It's not that simple. Places like Baltimore and Hartford have housing costs as high or higher than places that many people would consider more desirable. Housing markets aren't always efficient, and housing cost is not necessarily indicative of people's desire to live in a city.

http://www.city-data.com/forum/45272995-post13.html

Do you say that Orlando was more desirable than Atlanta? Reno more desirable than Raleigh?
Exactly, that was going to be my point. Orlando has had rental housing costs skyrocket not because it's so desirable to live in but because salaries are among the lowest of major metro areas and most do not have the financial means necessary to buy a house, coupled with a large segment of the population who were victims of the housing crisis via bankruptcy/foreclosure as Orlando led the nation in foreclosures for a few years, and is still among the top few cities. As a result the current base population and new arrivals are what's truly driving the demand through necessity.
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Old 09-03-2016, 03:43 PM
 
Location: Lakewood OH
21,699 posts, read 23,648,620 times
Reputation: 35449
http://portlandtribune.com/pt/9-news...est-in-country

Average Rent In Portland, Portland Rent Trends and Rental Comps www.rentjungle.com

Here is one of the highest. A desirable city is in the eye of the beholder.
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Old 09-04-2016, 12:39 AM
 
Location: State of Transition
78,526 posts, read 70,430,585 times
Reputation: 76494
Portland, and the entire SF Bay Area.
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Old 09-04-2016, 01:53 PM
 
Location: South Beach and DT Raleigh
11,810 posts, read 18,790,027 times
Reputation: 11136
Housing prices and rents respond to a variety of factors. Supply and demand is one of the big ones, if not the biggest. Cities that are rapidly growing but also grow their housing supply are going to moderate their housing inflation better than those who aren't keeping up with demand.
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Old 09-04-2016, 03:02 PM
 
Location: USA
2,753 posts, read 2,216,003 times
Reputation: 2135
Quote:
Originally Posted by gladhands View Post
It's not that simple. Places like Baltimore and Hartford have housing costs as high or higher than places that many people would consider more desirable. Housing markets aren't always efficient, and housing cost is not necessarily indicative of people's desire to live in a city.

http://www.city-data.com/forum/45272995-post13.html

Do you say that Orlando was more desirable than Atlanta? Reno more desirable than Raleigh?
The reason why prices are high in Hartford is because the demand in downtown is extremely high and vacancy is at a record breaking low. There's not too many places in Hartford that can be developed because nearly 50% of the land is untaxable and government property. Young professionals are moving into the city because it's a convienence so they won't have to drive to work which can be tiring during rush hour. Downtown and the West End are the only desirable areas in the city.

Last edited by HumpDay; 09-04-2016 at 03:35 PM.. Reason: Spelling error
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Old 09-04-2016, 03:06 PM
 
7,694 posts, read 4,551,558 times
Reputation: 8371
Quote:
Originally Posted by HumpDay View Post
The reason why prices are high in Hartford is because the demand in downtown is extremely high and vacancy is at a record breaking low. There's not too many places in Hartford that can't be developed because nearly 50% of the land is untaxable and government property. Young professionals are moving into the city because it's a convienence so they won't have to drive to work which can be tiring during rush hour. Downtown and the West End are the only desirable areas in the city.
Well, there you have it. It's also in the Northeast Corridor. I just think it's silly when people use housing prices as proxy for desirability. it just doesn't work that way from market to market. Now, WITHIN any given market, housing costs do indicate consensus on desirability.
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Old 09-04-2016, 03:07 PM
 
1,373 posts, read 820,596 times
Reputation: 2198
Easy... northern Idaho... more specifically Hayden
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