Young People (Tampa, Mayo: 2013, rental market, insurance)

[tinytrump]

quote <<TAMPA — Since he took office two years ago, Mayor Bob Buckhorn has made it his goal to turn Tampa into a magnet for young people looking to make a name for themselves. New census figures suggest the odds may be in his favor>>

They do NOT: Number of young singles growing here, nationwide

YEY!!! Looks like it is working! and I hope Channelside will flip into something wonderful- to open up that dead area of town and put it to good use.

[jsun556]

Housing needs to be more affordable though. It far outweighs the rate of pay in this area.

[tinytrump]

Agreed, and that's because there is a lack of housing- I am not sure though, if they can turn the tide to lower them except to make more apts -and have price wars, and to sell houses again, right now there are more moving here but NOt to buy.

[DUNNDFRNT]

Doesn't the market dictate the housing prices. If developers were getting their asking price and there was no inventory then surely they would build more because they would make money in the process and I am pretty sure that is what they after. If occupancy rates were dismal then they would lower the price, that is how the free market works its supposed to reach an equilibrium. I just think its funny how some people have a "tea party" mentality only when it doesn't affect them.

[tinytrump]

the rental market is based on just that- occupancy, there are no apts in Tampa, I just searched and moved 3 mo ago- for the money- they are mostly dumps. It was also noted in another article, that the younger people are being forced to move in the suburbs for lack of nice apts intown. I didnt write it, but that is what it said. so 3 new high rises in the next 2 yrs near my job- they will fill up in no time. See that new Insurance co in town.. has nothing to do with "tea or coffee"