All I can say is

    Homebuiders (TOL, KBH) downsizing

    Posted by DigiNomad on 18th of Apr 2024 at 02:22 pm

    All I can say is that I'm so glad my rental property is in Hawaii and not near downtown Honolulu or the airport (I'd guess they are giving many migrants free plane tickets to HI at this point). But I'm still planning to sell as soon as I have a window between tenants.  Can you imagine having a rental in any mainland city experiencing a migrant crisis (most major mainland cities) and "families" of 10 - 15 applying to live in your 2 bedroom?  

    Migrants and Rental Housing For most

    Posted by elementsix on 18th of Apr 2024 at 02:53 pm

    Migrants and Rental Housing

    For most landlords, recent migrants wouldn't get to the first step in the application process. The paperwork needed creates a non-starter situation. At the end of the day the reality is the country has a housing shortage and we need more housing. Balance construction costs, sale prices against the rates issue regarding TOLL and KBH.

    You must live in a

    Posted by DigiNomad on 18th of Apr 2024 at 02:57 pm

    You must live in a red state? As someone who has spent most of my life exposed to blue, I'm all to familiar with situations where a Gov person applies for the rental with no intention of being the renter...and then will potentially sue you if you don't accept the application. At the end of the day, these people aren't messing around. They are going to get their way and that includes not letting homeowners be choosy about who they rent to.

    But I agree on the homebuilder thesis. 

    Migrants and Rental Housing For most

    Posted by elementsix on 18th of Apr 2024 at 02:53 pm

    Migrants and Rental Housing

    For most landlords, recent migrants wouldn't get to the first step in the application process. The paperwork needed creates a non-starter situation. At the end of the day the reality is the country has a housing shortage and we need more housing. Balance construction costs, sale prices against the rates issue regarding TOLL and KBH.

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