9 posts
In May, I posted "Ballard Rents - Don't Believe the Hype!" in which I shared my thoughts on the rent situation in Seattle. Although I remain confident that the near-vertical increase in rents is...
Read more →Very shortly after my neighbors and I learned the new owners were going to evict all the tenants, a group was formed to fight the new developers. I wasn't sure what the group was going to do. We were...
Read more →This is a follow up post to Trying to Cheer Up an Economic Idiot. In that post I outlined my opinion of what was happening in the red hot rental market of my Seattle neighborhood of Ballard. Unlike...
Read more →I ended the last post by stating: > Not everyone will get lower rent. Some people will be suckered into paying higher rent. Not me. I am going to tell you how to get lower rent. First, let me share...
Read more →When my building decided to raise my rent 3.5%, I let them know that they were in denial on the current state of the Seattle rental market. This is not 2008. Rents are falling everywhere in Seattle....
Read more →Yeah, home prices are falling. That is old news. I'm more interested in what is going on in the rental market. When I went looking for a rental unit back in May, there was little offered and the...
Read more →One of the criticisms I received for selling my house in 2006 and going into the rental market was that I wouldn't be building equity. Yes that is true. As a renter I wouldn't have the opportunity to...
Read more →One year ago, I explained in the post Renters Lose Money why I was renting and not buying. > I choose to rent rather than own because it's A LOT cheaper today. Yesterday I got our building's...
Read more →You always hear how renting is dumb and you are just throwing your money away. Under normal market conditions owning is a better financial decision than renting. However, real estate prices today in...
Read more →