451. Author: ZRX1200 | Date: Thu, 7/7/2022, 1:32PM EST | |
I couldn’t do anything except pray last time I was in the back seat with one driving. Thank God Ron and I were drinking…. |
452. Author: rfenst | Date: Thu, 7/7/2022, 1:53PM EST | |
MACS wrote:Yeah... and my retired income is not 120k annually.
Still... with vehicle registration, insurance, gas, and housing all being lower... plus no state tax? I'll be ayite. Zero state income tax. You got out at the top of (or or real close ) the California housing bubble- by like a week or two (since rates have gone up). Now, you can sit back and watch Florida's housing bubble (worst state in the nation) burst, then scoop up a deal on a home. |
453. Author: rfenst | Date: Thu, 7/7/2022, 1:56PM EST | |
ZRX1200 wrote:What’s the casino situation in Florida? If I know anything about Filipino women they love them some slot machines….maybe we can bump those numbers up MACS. Casino - many, but no one main casino area (like LV or AC); also lots of card rooms everywhere. Hardrock Casino in Tampa and Hollywood are very nice. Texas Hold "Em? |
454. Author: ZRX1200 | Date: Thu, 7/7/2022, 6:31PM EST | |
Well I’m neither Filipino nor a woman…. |
455. Author: MACS | Date: Thu, 7/7/2022, 6:44PM EST | |
ZRX1200 wrote:Well I’m neither Filipino nor a woman…. You just play one in a van every now and then, right? Down by the river? |
456. Author: MACS | Date: Thu, 7/7/2022, 6:49PM EST | |
Spoke with the bank... they said if the escrow company wires the money before 1330 on Monday the funds will be there immediately. If after 1330 they'll be there the next morning.
Noice! As soon as I see the transfer... I'm hittin' da road! Okay, maybe the next morning. |
457. Author: 8trackdisco | Date: Thu, 7/7/2022, 7:18PM EST | |
MACS wrote:Spoke with the bank... they said if the escrow company wires the money before 1330 on Monday the funds will be there immediately. If after 1330 they'll be there the next morning.
Noice! As soon as I see the transfer... I'm hittin' da road! Okay, maybe the next morning. You should ask for it all in $1 bills. Wonder how big the box would be. |
458. Author: Mr. Jones | Date: Thu, 7/7/2022, 7:26PM EST | |
When's the official
MAC'S BLAST OFF !!!!
D.A.Y. ????
I BET THE NEWSOME DOGS YOUR BUTT TILL THE BORDER OF NEW MEXICO...LIKE A SOUTH POLE MAGNET...
YOU EXITING RETREATER TAX COWARD.... |
459. Author: Whistlebritches | Date: Thu, 7/7/2022, 7:35PM EST | |
ZRX1200 wrote:I couldn’t do anything except pray last time I was in the back seat with one driving. Thank God Ron and I were drinking…. True.......my SIL will scare the schit out of you.When she puts a blinker on she may move one lane but usually its all of them. |
460. Author: 8trackdisco | Date: Thu, 7/7/2022, 8:29PM EST | |
Mr. Jones wrote:When's the official
MAC'S BLAST OFF !!!!
D.A.Y. ????
I BET THE NEWSOME DOGS YOUR BUTT TILL THE BORDER OF NEW MEXICO...LIKE A SOUTH POLE MAGNET...
YOU EXITING RETREATER TAX COWARD.... Monday morning is his probable blast off day. |
461. Author: MACS | Date: Fri, 7/8/2022, 12:23AM EST | |
8trackdisco wrote:You should ask for it all in $1 bills. Wonder how big the box would be. Yeah, nah... That would be too heavy. According to the google... the box would be half the size of a wooden international shipping pallet. |
462. Author: rfenst | Date: Fri, 7/8/2022, 10:30AM EST | |
A rental trends study finds 10 Florida markets among the most overvalued in the nation
Florida Today The rental housing market in Florida is among the most overvalued in the country, and has among the fastest-rising prices, according to a new study of rental trends.
The study of 107 U.S. rental markets, released June 6 and using data from April, found that 10 of the 14 most-overvalued rental markets in the country are in Florida. The study included 10 Florida markets, and all 10 are overvalued by more than 13%.
The largest “premium” paid by renters was found in the Miami market, which in the study includes Miami-Dade, Broward and Palm Beach counties. The study found it was overvalued by 22.07%. The average monthly rent in the South Florida region rose to $2,846, even though historical leasing figures indicate the average should be only $2,331.
The largest year-over-year increase in rental costs was in the Fort Myers area. The average rent there is $2,073, up 32.38% from a year ago. The nine other Florida markets in the study also had year-over-year rental price increases of more than 20%, with all ranking in the top 15 among the 107 markets in that metric.
“A lot of our Florida markets are way overpriced compared to the rest of the country,” said Ken H. Johnson, a real estate economist at the Florida Atlantic University College of Business, who is a co-author of the study.
Ken H. Johnson, a real estate economist at Florida Atlantic University College of Business, was a co-author of the study in rental housing prices.
Although there has been past volatility in the single-family home market, “I’ve never seen anything like this” in the rental market, said Johnson, who has followed the housing industry for nearly four decades. “It was shocking to me. I’ve never seen rents deviate this much.”
He blames that in part on the heavy influx of people moving into Florida, including from states where housing prices are higher than Florida’s, coupled with a shortage of housing inventory.
“We cannot build them fast enough” to meet the demand, Johnson said.
Compounding the problem of overvalued rentals are supply-chain issues and rising material costs that have hampered builders from adding supply. In some landlocked areas, such as Miami, finding available property to develop also is a major challenge, the researchers noted.
Furthermore, Johnson said that during the COVID-19 pandemic in 2020, the federal government placed a national moratorium on rental evictions, resulting in a stall in rental rates.
“During 2020, in fact, rentals in most of the country were undervalued because they were leasing below the long-term trend,” Johnson said in his analysis of the U.S. housing market.
“But the expiration of the moratorium, combined with strong demand for rentals, particularly in Florida, sent rental rates soaring. Until more rental units are built, landlords will continue to raise rates, pricing out many middle-class consumers who previously turned to renting because they couldn’t afford to buy.”
These are the top 15 U.S. markets for housing overvalue, the percentage of how high it is over where the average rent should be, along with the average current rent:
Miami-Fort Lauderdale-West Palm Beach | 22.07% | $2,846 Sierra Vista, Arizona | 21.87% | $1,283 North Port-Sarasota-Bradenton | 18.68% | $2,331 Fort Myers | 18.09% | $2,073 Tampa | 16.91% | $2,055 Knoxville, Tennessee | 16.32% | $1,601 Killeen, Texas | 16.15% | $1,397 Port St. Lucie | 16.01% | $2,266 Lakeland | 15.17% | $1,808 Daytona Beach | 14.15% | $1,788 Phoenix, Arizona | 13.89% | $1,911 Jacksonville | 13.49% | $1,748 Orlando | 13.48% | $1,999 Melbourne | 13.04% | $1,881 Las Vegas | 13.00% | $1,851
How the study used national rent data, trends The study used leasing data for a range of different types of rentals dating back to 2014 from Zillow’s Observed Rent Index to model the rental trend for each metropolitan area.
The data shows where rents should be based on a history of rents, compared with actual, current rents. This premium or discount is defined as the percentage difference between statistically modeled prices and actual rental prices. The higher the premium, the more overvalued a market is.
The only market of the 107 studied with a discount was San Francisco, where the study found the actual average rent of $3,157 a month was 0.48% below where it was expected to be. The caveat, though, is that San Francisco has the second-highest average rent in the country, behind only San Jose, Calif., at $3,199 a month.
The average monthly rent nationwide is $1,927, which is 9.11% above the expected rent.
The report – called the Waller, Weeks and Johnson Rental Index – is co-produced by the FAU Real Estate Initiative, Florida Gulf Coast University’s Lucas Institute for Real Estate Development & Finance and the Alabama Center for Real Estate at the University of Alabama.
“The way out of this is to add more rental units to the marketplace,” said co-author Bennie Waller of the Alabama Center. “But it’s just not realistic to expect a bunch of new projects in the near term, given the supply-chain problems and the often slow pace of government approvals facing developers before they can put a shovel in the ground.”
All 107 markets studied had year-over-year increases in rental prices. Eleven of the 107 markets posted rental price decreases in the last month, but none of them were in Florida.
“Depending on the market, some rents may be stabilizing, but they’re still much higher than they were a year or two ago,” said report co-author Shelton Weeks of Florida Gulf Coast’s Lucas Institute. “It’s incredibly painful for middle-class budgets.”
Johnson – who also is associate dean of graduate programs with the College of Business at FAU – said, for some people, renting was the only way they could afford to live in Florida, but that’s now becoming difficult, too.
Johnson said he expects rising rental prices will cause changes in rental housing trends, including:
Three generations of families living in the same rental units.
Extended families that include aunts, uncles, nieces and nephews moving into a household.
College students taking on additional roommates.
“Unusual roommate situations,” such as middle-aged people who are not in a relationship living together. Greater use of manufactured homes as rentals.
“I think you’ll see more renters take on roommates and cut back on eating out because it’s either that or they won’t be able to pay the rent,” Johnson said.
Bubble!!! |
463. Author: DrafterX | Date: Fri, 7/8/2022, 10:34AM EST | |
I'd buy an RV... |
464. Author: delta1 | Date: Fri, 7/8/2022, 2:23PM EST | |
notice CA is not on the list...
as we get closer to MACS' launch date, I'm getting an image of the final scene from an all-time fave movie, "Shane" |
465. Author: Palama | Date: Fri, 7/8/2022, 3:12PM EST | |
delta1 wrote:notice CA is not on the list...
as we get closer to MACS' launch date, I'm getting an image of the final scene from an all-time fave movie, "Shane" Paraphrasing: “Shawn! Come back! Bye Shawn!” |
466. Author: MACS | Date: Fri, 7/8/2022, 8:32PM EST | |
This "beers wit da boys" tour before I get outa here is taking a toll.
Whooooo wheeeeeee! |
467. Author: frankj1 | Date: Fri, 7/8/2022, 9:57PM EST | |
DrafterX wrote:I'd buy an RV... if only ya told him a few times before now... |
468. Author: MACS | Date: Sat, 7/9/2022, 4:04PM EST | |
Mailed 3 boxes of stuff to the Philippines for my wife's family.
Truck loaded down. All I have to pack tomorrow is the air bed and the duffel bags with the clothes we wear daily.
Left some stuff behind in the garage, but I don't think they'll mind cleaning supplies and such. |
469. Author: HockeyDad | Date: Sat, 7/9/2022, 4:17PM EST | |
MACS wrote:All I have to pack tomorrow is the air bed and the duffel bags with the clothes we wear daily.
We call those suitcases. You’re a civilian now! |
470. Author: MACS | Date: Sat, 7/9/2022, 5:36PM EST | |
HockeyDad wrote:We call those suitcases. You’re a civilian now! No... they're duffel bags. The suitcases have the stuff I don't need right away; like pants and long sleeved shirts. |
471. Author: Sunoverbeach | Date: Sat, 7/9/2022, 6:41PM EST | |
Macs is freeballin' cross country. Ballsy
No pun intended of course |
472. Author: Abrignac | Date: Sun, 7/10/2022, 1:53AM EST | |
MACS wrote:Mailed 3 boxes of stuff to the Philippines for my wife's family.
Truck loaded down. All I have to pack tomorrow is the air bed and the duffel bags with the clothes we wear daily.
Left some stuff behind in the garage, but I don't think they'll mind cleaning supplies and such. When are you guys rolling out? |
473. Author: 8trackdisco | Date: Sun, 7/10/2022, 9:21AM EST | |
What are the chances of live streaming your trip?
Camera facing out the window so we could see what you see, when you are seeing it.
Bonus for live audio from inside the truck as you travel. |
474. Author: corey sellers | Date: Sun, 7/10/2022, 10:06AM EST | |
You definitely don't need long sleeves or pants down here right now. Probably not until around November. |
475. Author: Abrignac | Date: Sun, 7/10/2022, 12:28PM EST | |
8trackdisco wrote:What are the chances of live streaming your trip?
Camera facing out the window so we could see what you see, when you are seeing it.
Bonus for live audio from inside the truck as you travel. 😂 |
476. Author: Gene363 | Date: Sun, 7/10/2022, 2:42PM EST | |
8trackdisco wrote:What are the chances of live streaming your trip?
Camera facing out the window so we could see what you see, when you are seeing it.
Bonus for live audio from inside the truck as you travel. + 1,000 |
477. Author: MACS | Date: Sun, 7/10/2022, 4:27PM EST | |
Ya'll are dumb. That ain't happening... not sure where the hell I packed the GoPro.
You may get a clip or two from the phone.
Vacated the house. Final walk-through was good for the buyers. Just waiting to get paid after they record the transfer. |
478. Author: 8trackdisco | Date: Sun, 7/10/2022, 5:43PM EST | |
MACS wrote:Ya'll are dumb. That ain't happening... Can’t blame a brother for tryin’. |
479. Author: corey sellers | Date: Sun, 7/10/2022, 8:10PM EST | |
I was hoping for a inside the cab views. |
480. Author: corey sellers | Date: Sun, 7/10/2022, 8:11PM EST | |
When he see's me on the side of the road wanting a ride. |
481. Author: Sunoverbeach | Date: Sun, 7/10/2022, 9:34PM EST | |
Ya could start a Youtube vlog. Road Trippin' w/Macs & Tank..... & Mrs. Macs too.
Go viral, and the whole move pays for itself. |
482. Author: 8trackdisco | Date: Sun, 7/10/2022, 9:39PM EST | |
Sunoverbeach wrote:Ya could start a Youtube vlog. Road Trippin' w/Macs & Tank..... & Mrs. Macs too.
Go viral, and the whole move pays for itself. Excellent idea. |
483. Author: Gene363 | Date: Sun, 7/10/2022, 9:59PM EST | |
MACS wrote:Ya'll are dumb. That ain't happening... not sure where the hell I packed the GoPro.
You may get a clip or two from the phone.
Vacated the house. Final walk-through was good for the buyers. Just waiting to get paid after they record the transfer. Unfortunately, that check is not going to clear for several days, the banks like to play with your funds while you do without. |
484. Author: MACS | Date: Sun, 7/10/2022, 10:15PM EST | |
Sunoverbeach wrote:Ya could start a Youtube vlog. Road Trippin' w/Macs & Tank..... & Mrs. Macs too.
Go viral, and the whole move pays for itself. I do have Instagram for cool puppy dog vids... |
485. Author: MACS | Date: Sun, 7/10/2022, 10:18PM EST | |
Gene363 wrote:Unfortunately, that check is not going to clear for several days, the banks like to play with your funds while you do without. NFCU... and it's a wire transfer, not a check. When I spoke to the bank, she said if the escrow company wires the $$ before 1330 local time I will have it immediately. If the county takes their sweet time recording the transfer of the house then it should be there the next day... because the money doesn't get wired until the transfer has been recorded. |
486. Author: madspackler | Date: Mon, 7/11/2022, 1:16PM EST | |
MACS wrote:NFCU... and it's a wire transfer, not a check. When I spoke to the bank, she said if the escrow company wires the $$ before 1330 local time I will have it immediately. If the county takes their sweet time recording the transfer of the house then it should be there the next day... because the money doesn't get wired until the transfer has been recorded. So find out who at the County records the transfer and pay them a visit. Bring coffee and donuts for the office. Sit in their office until the transfer is completed. Bring lunch if you need to. The squeaky wheel gets oiled. Donuts are the grease. Make them an offer they cannot refuse. |
487. Author: Gene363 | Date: Mon, 7/11/2022, 4:21PM EST | |
MACS wrote:NFCU... and it's a wire transfer, not a check. When I spoke to the bank, she said if the escrow company wires the $$ before 1330 local time I will have it immediately. If the county takes their sweet time recording the transfer of the house then it should be there the next day... because the money doesn't get wired until the transfer has been recorded. Much better! madspackler wrote:So find out who at the County records the transfer and pay them a visit. Bring coffee and donuts for the office. Sit in their office until the transfer is completed. Bring lunch if you need to. The squeaky wheel gets oiled. Donuts are the grease. Make them an offer they cannot refuse.
Not a bad idea, when I sold my last rental the previous closing paid off the house next door... twice, luckey it was one of mine. It was a nightmare getting it corrected, first by the loan company then the county. It was the fault of the lender, their letter with the payoff had the wrong lot number. It was literally corrected minutes before the end of closing. The headach was worth getting tid of my last rental. |
488. Author: MACS | Date: Mon, 7/11/2022, 6:57PM EST | |
House is sold. Title transfer has been recorded. Escrow just called to confirm my checking acct and tell me the money is being wired. Should have it tomorrow... |
489. Author: Gene363 | Date: Mon, 7/11/2022, 7:21PM EST | |
MACS wrote:House is sold. Title transfer has been recorded. Escrow just called to confirm my checking acct and tell me the money is being wired. Should have it tomorrow... Hot damm! Congratulations! Getting to the end of a sale is quite a relief. Now, in the nicest way, GTFO! |
490. Author: 8trackdisco | Date: Mon, 7/11/2022, 7:48PM EST | |
Well…. I’d like to think they had all that information several days ago, and getting the money on Monday means getting the money on Monday.
In a Do your deeds match your words? kind of way, just more Cali Waste and Corruption.
In uplifting news, those Bat Rastard’s chances to Frank with you is dwindled from years, to months, to days now to hours. |
491. Author: HockeyDad | Date: Mon, 7/11/2022, 8:06PM EST | |
8trackdisco wrote:Well…. I’d like to think they had all that information several days ago, and getting the money on Monday means getting the money on Monday.
In a Do your deeds match your words? kind of way, just more Cali Waste and Corruption.
In uplifting news, those Bat Rastard’s chances to Frank with you is dwindled from years, to months, to days now to hours. Even though he’s leaving the state they will still send him vehicle registration invoices. Mark my words. |
492. Author: MACS | Date: Mon, 7/11/2022, 8:29PM EST | |
HockeyDad wrote:Even though he’s leaving the state they will still send him vehicle registration invoices. Mark my words. They sent me tax bills for a boat I sold a year after I sold it... You're likely right, though they will be shredded immediately. As soon as my next house purchase goes through, and I have a permanent addy in Florida, I will register my vehicle, get my license, change my address for my CalPers retirement account, and switch my state to Florida... so CA can no longer tax the money they're giving me for the rest of my life. Then... early next year I will file state taxes with those f---bags for the last fkn time. |
493. Author: HockeyDad | Date: Mon, 7/11/2022, 8:35PM EST | |
There’s a form you have to fill out with DMV even though they get notified by the new state. It’s a bit of a scam where they keep hitting people with DMV fees.
You can check out any time you’d like….. |
494. Author: BuckyB93 | Date: Mon, 7/11/2022, 8:47PM EST | |
MACS wrote:House is sold. Title transfer has been recorded. Escrow just called to confirm my checking acct and tell me the money is being wired. Should have it tomorrow... Pit stop in Vegas. Blows and hoes. Make it rain. |
495. Author: BuckyB93 | Date: Mon, 7/11/2022, 9:04PM EST | |
Guess I'll toss out the CA address then. Although I haven't used it or given it up, you were listed on my next of kin on the underside of the lids of my tuperdors if I were to die. I made clear and special instructions to remove the cigars and ship them off before cutting up my body and packing it into the totes. Caskets are expensive.
I'll have to mine for a new addy when you get settled. Loose lips sink ships. If I buy enough beers for 8track when I'm back in WI I think I'll be able to weasel some intel out of him |
496. Author: 8trackdisco | Date: Mon, 7/11/2022, 9:31PM EST | |
What is the plan tomorrow? If you get the money early, East to Las Crucus? If midday start, Tucson? If California goes all California on your ace, maybe get as far as El Cajon? |
497. Author: 8trackdisco | Date: Mon, 7/11/2022, 9:39PM EST | |
BuckyB93 wrote:
I'll have to mine for a new addy when you get settled. Loose lips sink ships. If I buy enough beers for 8track when I'm back in WI I think I'll be able to weasel some intel out of him
There isn’t enough beer. When in comes to a Shawny MACS addy, am in the pass of Thermopylae. And not the one In Wyoming. Unless I get back doored by Phoenicians. We’ll have to get on the old texting machine when you get closer to Cheeseland to plan for some hijinx. |
498. Author: Sunoverbeach | Date: Mon, 7/11/2022, 9:52PM EST | |
So.... a Phoenician fetish? You do you, bruddah. |
499. Author: MACS | Date: Mon, 7/11/2022, 9:54PM EST | |
What makes anyone think I'll give the addy to 8track?
HA!
Tomorrow's plan is TBD. Adora is basically hanging out with all her friends "at work" since we're staying in the place she worked. She wants to stay 1 more night. Meh... whatever. |
500. Author: MACS | Date: Mon, 7/11/2022, 9:58PM EST | |
HockeyDad wrote:There’s a form you have to fill out with DMV even though they get notified by the new state. It’s a bit of a scam where they keep hitting people with DMV fees.
You can check out any time you’d like….. I've got a CA DMV online account... if I can't take care of it there... they can kiss my brown eye. |