America's Most Abandoned Cities (rental, condo, homes)

[TheRealAngelion]

An interesting list in Forbes showing cities with the highest rental and housing vacancies currently.

America's Emptiest Cities - Forbes.com

1. Las Vegas
2. Detroit
3. Atlanta
4. Greensboro, NC
5. Dayton
6. Phoenix
7. Orlando
8. Kansas City
9. Jacksonville
10. Indianapolis
11. Miami
12. Chicago
13. Tampa
14. Bakersfield
15. Cincinnati
15. Charlotte (tied)

[Sandy Springs Rep.]

Wow, very interesting. I'm surprised Atlanta is so high. The city of Atlanta has gained a lot of people in last few years.

[TheRealAngelion]

Perhaps there has been an oversaturation of new construction in Atlanta like there's been in Las Vegas that has exceeded market demand.

[Ben Around]

Interesting. So rents are probably lower in these cities now?

[grmasterb]

Originally Posted by TheRealAngelion

Perhaps there has been an oversaturation of new construction in Atlanta like there's been in Las Vegas that has exceeded market demand.

That's my bet. It's certainly been the case here in Indy.

[BMORE]

The reason for this is the boom that we were having which meant a lot of new stores, condo's, home's, office, etc!!! When the market crashed, all of those homes that were being built with that demand for housing, so when it slowed with all of those units finished there wasn't enough people to fill those new units!!!

(you guy's need to play Sim City 4 it can really help you, to bad I don't play it anymore) lol

[easydoesit]

Well, it is a Forbes list and we know those are dead on

I mean how could Gary, Indiana not be on the list aside from metro size?

[Americanboy]

NYC and Honolulu are the least abandoned cities, according to Forbes.