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ABANDONED is a terrible terrible word to use in this list.
If I build a new condo building and it isn't leased right away it's VACANT, not ABANDONED.
Places can't be abandoned unless they had large populations that declined.
Yeah vacant is a better word for a lot of those... I know there are several new buildings in the south loop which definitely aren't rented out. A lot of people bought in on them as well for investment purposes and lost their ass.
Agree with most of your points. However, I am afraid the Bay area will have a negative population growth in the next few years. That's not good for the future of that region.
Texas cities seem doing well in this economic climate.
Quote:
Originally Posted by grapico
lol @ sf abandoned... rentals go like wildfire. it is overpriced because so many people want to live there and the limited space. certainly not abandoned. I understand the issues it is having for middle class people leaving and the job market, but SF is not going anywhere. For every person who leaves there is some young person ready to move in, or a foreign real estate investor buying them up.
Miami is another story I'm familiar with and I know there are lots of condos there sitting mostly unoccupied... this is the case with lots of new condos in FL though.
Yes. Most of these places tried to sell a lifestyle that failed.
Quote:
Originally Posted by Deezus
A lot of the places on that list just built way too many housing developments, condos and high-density apartments in the last ten years. So now there is a glut on the market and a downturn in the economy and they can't fill them. Portland has newly constructed condos with low rates of occupancy and developers have more projects that are still under construction. Miami is also a really good case of this..
If you really want to look at adandoned cities you're looking at the Rust Belt--Detroit, St. Louis, etc..
It means these cities probably had sizeable building booms such as Miami did,but are slow to fill the vacancies so the statistics show low occupancy.
Precisest
Abandoned isn't a good term.. but I mean, it's essentially the same thing as being vacant. No one is living in the rentals (hence being 'abandoned'). It's good for speaking about the rentals, not the city. The rentals WERE abandoned, the cities not so much.
LMAO @ this list! I thought it was gonna have East St. Louis or cities like that at the top of the list, and then I look and see SF 2nd on the list lol. The 2nd-densest city in the nation would pretty much qualify as the 2nd LEAST abandoned.
Agree with most of your points. However, I am afraid the Bay area will have a negative population growth in the next few years. That's not good for the future of that region.
Texas cities seem doing well in this economic climate.
I wouldn't be surprised, this is with all of California though in that aspect.
If you want to see what Detroit might have looked like at the start of the tear-down/vacant lot era come to Dayton as we are about to go down that road and engage in a substantial demolition effort. Right now things are in the empty house/board up stage...next comes the tear-down wave and then the urban prairies.
If you want to see what Detroit might have looked like at the start of the tear-down/vacant lot era come to Dayton as we are about to go down that road and engage in a substantial demolition effort. Right now things are in the empty house/board up stage...next comes the tear-down wave and then the urban prairies.
I think it is sad that our government has let all these manufacturing jobs go to China and other low wage countries and in the process destroyed entire US communities while the CEO's get richer.
I wouldn't deny Buffalo being on the list.
I was there around thanksgiving of 08 and I saw a lot of abandon beat up homes when we roamed the city. Overall, the downtown was impressive, but I didn't expect to see what I saw in some of the neighborhoods.
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