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InvisibleRandalFlagg
Stranger
Registered: 06/15/02
Posts: 15,608
Apartment Glut Forces Rent Cuts.
    #2143992 - 11/29/03 11:26 AM (14 years, 16 days ago)

I thought I would post this for you guys. Maybe...just
maybe....supply and demand in a free-market setting does benefit
the consumer.


http://story.news.yahoo.com/news?tmpl=st...rentsinmuchofus



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InvisibleDoctorJ
Stranger
 Arcade Champion: Frogger

Registered: 06/30/03
Posts: 8,451
Loc: space
Re: Apartment Glut Forces Rent Cuts. [Re: RandalFlagg]
    #2145421 - 11/29/03 10:34 PM (14 years, 16 days ago)

hmmm... thats funny

the property value in my neighborhood went down last year.

My apartment complex is at less than half capacity (when I moved in 3 years ago it was full)

The management is offering nice deals to new residents- but I asked if they could lower my rent or give me a student discount and they said it wasn't possible.

All the other complexes in my area are offering "2 months free rent" deals, where they pro-rate it and lower your overall rent- but only for a year. Its really just a scam to get you moved in and then they jack your rent after your original lease expires. Its definitely not the same as actually lowering the rent.

But thats about the closest thing to lowering rent that has happened around here, despite the fact that demand is low and the property values have depreciated.


--------------------
peace, pot, and microdot!


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OfflineRandolph_Carter
НơĻ?ĢΉō

Registered: 06/14/00
Posts: 29,281
Loc: Shroomery B-list.
Last seen: 7 years, 6 months
Re: Apartment Glut Forces Rent Cuts. [Re: DoctorJ]
    #2145449 - 11/29/03 10:50 PM (14 years, 16 days ago)

Hmmm...i got one month free, one month prorated...and 50 off for 6 months...its not bad, but if i stay they proly will jack the prices on me..but with a roommate, 400 (including bills) isn't bad. leaves me lots of money for food.


--------------------
"..all those molecules thrashing their kinky little tails, hot for destiny and the street."  Gibson


Nuke baby seals for Jesus!

(This has been a +1 production.)


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OfflinePhred
Fred's son
Male

Registered: 10/19/00
Posts: 12,949
Loc: Dominican Republic
Last seen: 2 years, 10 months
Re: Apartment Glut Forces Rent Cuts. [Re: DoctorJ]
    #2145492 - 11/29/03 11:26 PM (14 years, 16 days ago)

DoctorJ writes:

Its definitely not the same as actually lowering the rent.

Umm... yeah it is. For a year you're paying less rent. If they don't want to continue the deal the following year, move. When I was in my twenties I used to move every year. I didn't have a lot of stuff (actually, I still don't), so me and my roomie and a coupla friends would move everything in an afternoon.

There's nothing the landlord can do about it, either.

pinky


--------------------


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Invisibleafoaf
CEO DBK?
 User Gallery

Registered: 11/08/02
Posts: 32,665
Loc: Ripple's Heart
Re: Apartment Glut Forces Rent Cuts. [Re: DoctorJ]
    #2150192 - 12/01/03 07:53 PM (14 years, 14 days ago)

in situations like that, you are cheating yourself out of money
by not moving.

at the very least, give your 30 days notice to your landlord.

I think you'll see a change in heart in terms of negotiating a
lower rent when they see that you are serious about leaving.


--------------------
All I know is The Growery is a place where losers who get banned here go.


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Invisibleluvdemshrooms
Two inch dick..but it spins!?


Registered: 11/29/01
Posts: 34,234
Loc: Lost In Space
Re: Apartment Glut Forces Rent Cuts. [Re: afoaf]
    #2150245 - 12/01/03 08:05 PM (14 years, 14 days ago)

No glut where I am. Rents keep climbing.  :grin:


--------------------
You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for that my dear friend is the beginning of the end of any nation. You cannot multiply wealth by dividing it. ~ Adrian Rogers


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Anonymous

Re: Apartment Glut Forces Rent Cuts. [Re: luvdemshrooms]
    #2150265 - 12/01/03 08:11 PM (14 years, 14 days ago)

look at that grin... you filthy capitalist pig.


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Invisibleluvdemshrooms
Two inch dick..but it spins!?


Registered: 11/29/01
Posts: 34,234
Loc: Lost In Space
Re: Apartment Glut Forces Rent Cuts. [Re: ]
    #2150303 - 12/01/03 08:24 PM (14 years, 14 days ago)

I had to struggle to not put more.

Nothing better than making a living off the backs of the huddled masses.


--------------------
You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for that my dear friend is the beginning of the end of any nation. You cannot multiply wealth by dividing it. ~ Adrian Rogers


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Invisibleafoaf
CEO DBK?
 User Gallery

Registered: 11/08/02
Posts: 32,665
Loc: Ripple's Heart
Re: Apartment Glut Forces Rent Cuts. [Re: luvdemshrooms]
    #2150359 - 12/01/03 08:44 PM (14 years, 14 days ago)

I know how much you'd love to think that's
true, but you're only a landlord.

there's no shame, or in your case, glory, in
that game.


--------------------
All I know is The Growery is a place where losers who get banned here go.


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Invisibleluvdemshrooms
Two inch dick..but it spins!?


Registered: 11/29/01
Posts: 34,234
Loc: Lost In Space
Re: Apartment Glut Forces Rent Cuts. [Re: afoaf]
    #2150407 - 12/01/03 09:03 PM (14 years, 14 days ago)

Nothing better than kicking a huddled mass when they're down.

Of course I'm not entitled to my money and plan on splitting my assets up between all my tenants, past and present.  :wink:


--------------------
You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for that my dear friend is the beginning of the end of any nation. You cannot multiply wealth by dividing it. ~ Adrian Rogers


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Invisibleafoaf
CEO DBK?
 User Gallery

Registered: 11/08/02
Posts: 32,665
Loc: Ripple's Heart
Re: Apartment Glut Forces Rent Cuts. [Re: luvdemshrooms]
    #2150424 - 12/01/03 09:08 PM (14 years, 14 days ago)

serfdom has its perks...


--------------------
All I know is The Growery is a place where losers who get banned here go.


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Invisibleluvdemshrooms
Two inch dick..but it spins!?


Registered: 11/29/01
Posts: 34,234
Loc: Lost In Space
Re: Apartment Glut Forces Rent Cuts. [Re: afoaf]
    #2150439 - 12/01/03 09:14 PM (14 years, 14 days ago)

My family had little back before it was a better deal (to some) to stay home.

I didn't like not being able to get the things I desired so forgive me if I see no perks to serfdom.


--------------------
You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for that my dear friend is the beginning of the end of any nation. You cannot multiply wealth by dividing it. ~ Adrian Rogers


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