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1. Kansas city, MO.
2. San Francisco, CA.
3. Tucson, Ariz.
4. Dayton, Ohio (tie)
4. Charlotte, N.C. (tie)
6. Springfield, Mass. (tie)
6. Albany, N.Y. (tie)
8. Miami, Fla.
9. Salt Lake City, Utah
10.Portland, Ore.
11.Seattle, Wash. (tie)
11. Poughkeepsie, N.Y.(tie)
13. Buffalo, N.Y.
14. San Jose, CA.
15. Jacksonville, Fla.
"... the Kansas City metro area tops our list of America's Abandoned Cities. In Kansas City, rental vacancy rates rose from 11.9% to 15% over the past year; homeowner vacancy rates nearly doubled, up from 2.1% to 3.8%. Comparatively, the average homeowner vacancy rate in the country's 75 largest metro areas improved slightly from 3% to 2.7%, while the rental vacancy rate edged up to 10.2% from 10% a year ago.
Kansas City isn't the only metro where rental and homeowner vacancy rates are rising in tandem. Second on our list is the San Francisco-Oakland metro, where high prices are pushing Bay Area residents out of the region. Third is Tucson, Ariz., where the aftermath of the housing boom has left a glut of inventory. The pair's predicament illustrates both sides of the vacancy coin..."
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..
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..
Yeah, Omaha is having the same problem filling all the newly built condos. Many local projects are waiting to break ground until things speed up a bit.
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.
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.
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