$1800 per month for short term studio rental!!!!??? (Austin, Round Rock: lofts, condos)

[jobert]

$1800/mo?

...for a studio?

......In Round Rock?


I wouldn't rent a 3000 sf house there for that much.

[XLadylawX]

Okay jobert, tell me what is wrong with Round Rock? Our arrival in Austin is imminent and we will be looking to rent first then buy in a year or so. We are looking for an upscale community of professionals (okay, some snob appeal) there I said it. Do tell.

[love roses]

Originally Posted by jobert

$1800/mo?

...for a studio?

......In Round Rock?


I wouldn't rent a 3000 sf house there for that much.

Round Rock's coming up in the world, didn't you know?

[love roses]

Originally Posted by XLadylawX

Okay jobert, tell me what is wrong with Round Rock? Our arrival in Austin is imminent and we will be looking to rent first then buy in a year or so. We are looking for an upscale community of professionals (okay, some snob appeal) there I said it. Do tell.

He hates anywhere that's not downtown Austin. There is nothing wrong with Round Rock, but I will say I find it sad that people come to the area looking for snob appeal when that's not what Austin was ever about.

[XLadylawX]

I'm not coming to Austin to look for snob appeal. I'm coming to Austin because of its reputation for good people and a favorable business climate.

I wish I could regret using the term "snob appeal" but I cannot. Coming from California, I saw subdivisions spring up overnight that sold Million Dollar homes in neighborhoods immediately adjacent to major ganglands and streets infested with drive-by shootings. Call me paranoid even though I do realize that Austin has one of the lowest crime rates in the country for its population and demographics which is why I want to move there. Still I will not apologize because I want to live in the best of areas.

My guess is that there have always been plenty of people in Austin who looked for neighborhoods with snob appeal. There are just more of them now like there are more of lots of different type of people since the City has grown so much.

[Jennibc]

Originally Posted by XLadylawX

Yeah. We were looking for a place for my husband and our cats while I pack our house and drive out later with our dogs. Just slimy. Really, for that amount of money, we could just rent our permanent house. What is the point?

How is it slimy for the apartment owners to charge what people are willing to pay? Nobody owes your husband a short term rental for what you'd like to pay. I don't mean to sound snotty, but think about the implications of what you are writing.

I am guessing from your handle that you practice law. How much is your hourly rate? $300? Is that slimy or is that what the market will bear? I bet there are lots of people that would prefer to pay you $75 per hour, are you slimy because you bill at $300?

[XLadylawX]

Actually, I work with low income people so I'm on a sliding scale and charge people what they can afford. 8 years out of law school and I'm still sitting on more than $100k in student loans.

Slimy is charging more than $3000 for 7 weeks of stay in a studio apartment. A six month lease at $500 per month is the same price. Come to think of it, I should just rent the place for 6 months and not even bother using it, just let it sit vacant.

I understand the whole missed opportunity thing with a short term renter and I'm sorry but even if the place sat vacant for a month before they found another renter, they still come ahead 2 months of rent in a 6 month period. Anyway, I give up. I'll just stick it to evil corporate America. Its not coming out of my pocket anyway. Trying to stay positive while I sit here alone in California packing up our home while my husband is in a Hotel for the next 7 weeks.

[jobert]

Originally Posted by XLadylawX

I'm not coming to Austin

You're correct, you're coming to Round Rock. There is nothing the matter with Round Rock. It is good for families.
I don't think you ever told us where you're office is located.

I wasn't knocking RR, but $1800 is waaay too much much to spend on a studio in the suburbs. The whole point of the suburbs is that they're affordable. Round Rock has the same amenities as Anytown, USA. but there is nothing geographically containing it, and it is not "exclusive" - it's sprawl. oops, I knocked RR, my bad.

Positive summary: it's good for families, bad for everything else.

[jobert]

If you're looking for snob appeal, you need to look in SW Austin. You will be close to hill country, downtown, wineries, lakes, etc.

[gdu]

Originally Posted by XLadylawX

Actually, I work with low income people so I'm on a sliding scale and charge people what they can afford. 8 years out of law school and I'm still sitting on more than $100k in student loans.

Slimy is charging more than $3000 for 7 weeks of stay in a studio apartment. A six month lease at $500 per month is the same price. Come to think of it, I should just rent the place for 6 months and not even bother using it, just let it sit vacant.

I understand the whole missed opportunity thing with a short term renter and I'm sorry but even if the place sat vacant for a month before they found another renter, they still come ahead 2 months of rent in a 6 month period. Anyway, I give up. I'll just stick it to evil corporate America. Its not coming out of my pocket anyway. Trying to stay positive while I sit here alone in California packing up our home while my husband is in a Hotel for the next 7 weeks.

In another thread you made it seem like $45k per year wasn't much so you are obviously making a bit more than that even working with low income people. How come you still have over $100k in student loans after more than 8 years?

If you had paid those down, maybe you wouldn't have to complain about paying the market rate for a short term rental.