{"id":200052,"date":"2007-06-06T21:37:00","date_gmt":"2007-06-07T02:37:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2007\/06\/06\/rental-properties-suffering-too-in-florida\/"},"modified":"2007-06-06T21:37:00","modified_gmt":"2007-06-07T02:37:00","slug":"rental-properties-suffering-too-in-florida","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2007\/06\/06\/rental-properties-suffering-too-in-florida\/","title":{"rendered":"Rental Properties Suffering Too in Florida"},"content":{"rendered":"<div xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\">My guess is that this would apply to everywhere that things got bubblicious.<\/p>\n<p>Houses won&#8217;t sell, and the construction workers are going away, so you can&#8217;t rent them.<\/p>\n<p>There was a real estate crash in Florida in the late 1920s.  It took <span style=\"font-weight: bold;\">10 YEARS<\/span> for prices to recover, and it is considered a major contributor to the stock market crash of &#8217;29.<\/p>\n<p>Nothing to see here, move along.<\/p>\n<blockquote style=\"color: rgb(0, 0, 153);\"><p><span style=\"font-size:130%;\"><a style=\"font-weight: bold;\" href=\"http:\/\/www.heraldtribune.com\/article\/20070606\/REALESTATE\/706060503\">Rentals aplenty, but not discounts<\/a><span style=\"font-weight: bold;\"> <\/span><\/span><\/p>\n<p>By DEVONA WALKER<\/p>\n<p>devona.walker@heraldtribune.com<br \/>&#8220;For Rent&#8221; signs litter lawns in almost every Southwest Florida neighborhood, from canal-front homes in Port Charlotte to the 1960s-style Florida ranch homes off Bahia Vista Street in Sarasota.<\/p>\n<p>The apartment and home rental vacancy rate is at nearly 10 percent because of the mass exodus of construction and service sector workers from the area.<\/p>\n<p>Normally, this would be a sign of rental discounts to come. However, because of a near-perfect storm of issues fueled by rising property taxes and insurance costs, combined with the run-up in property prices over the past few years, that has not materialized.<\/p>\n<p>&#8230;<\/p><\/blockquote>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>My guess is that this would apply to everywhere that things got bubblicious. Houses won&#8217;t sell, and the construction workers are going away, so you can&#8217;t rent them. There was a real estate crash in Florida in the late 1920s. It took 10 YEARS for prices to recover, and it is considered a major contributor &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1261,973,1088],"tags":[],"class_list":["post-200052","post","type-post","status-publish","format-standard","hentry","category-bubble","category-economy","category-real-estate"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/200052"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=200052"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/200052\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=200052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=200052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=200052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}