Jun 12
Eventually, Kit and I arrived at the house that he’d picked out for himself. It was a tall, narrow structure, with boarded-up windows and a front lawn in desperate need of mowing. There was no “for sale” sign, but that hardly mattered, because Kit simply planned to move in. Buffalo is fertile ground for squatting. Kit’s house was one of 10,000 such abandoned structures in the city. As far as Kit was concerned, this rust-belt city, hit hard by foreclosures, was a veritable Eden for freegans.
“People throw away houses,” he told me. “It’s ridiculous.”
via NYTimes.com.
Mar 31
The state Appellate Division yesterday upheld former Superior Court Judge Bill Mathesius’s 2009 decision to strike down two Ewing ordinances aimed at controlling rowdy college students living in rental housing through occupancy and parking restrictions.
via The Trentonian News
Feb 28
Reeling from the recession’s one-two-three-punch of job woes, climbing mortgage payments and evaporating equity, desperate homeowners are dipping into a nearby income stream to avoid foreclosure: That bedroom just down the hall.
via RISMedia.
Jan 10
Housing rents have plunged to a 30 year low, according to Reiss & Co (a real estate market research company) as reported by Ilaina Jonas at Reuters. Apartment vacancies rose to 8% in the fourth quarter, also a 30-year high.
via — Seeking Alpha.
Oct 15
Apartment vacancies recently surged to 7.8%, the highest level since 1986.
And the rate is only expected to rise as demand drops further in the traditionally weak fall and winter months
via Seeking Alpha.
Oct 14
Faced with uncertain economic times, renters around the nation are saving money on their monthly housing costs by opting to split a 3-bedroom apartment rather than living alone in more expensive 1-bedroom apartments
via RISMedia.
