Move/Buy/Sell/Apartment/Hotel

In the relatively small circle of folks that I talk to (along with those who I might not talk to, but still kinda know their business) there’s been a lot of thinking about, talking about, or actual “moving” going on. One cousin already moved from where he was, aunt and uncle are selling their original house now that they’ve moved into their “retirement” house, and then me and a couple other cousins are feeling just restless enough with our own situations that the thought of moving does pop up now and then. πŸ€”πŸ€·πŸ»β€β™‚οΈπŸ˜ Oh, and I almost forgot yet another cousin and her hubby who recently purchased their first place together on the edge of town.

Then there are other folks who are considering or planning to move, even though it might not have been in their original plans. Whether job situations change, family situations change, relationship situations change, or the neighborhood itself changes enough where folks just want out… yeah, it’s become a common topic among a whole bunch of us. 😟 Even a couple friends in NJ have been taking a “serious, but not that serious yet” look at other potential homes around their area. It’s like a seed has been planted in all of our brains. πŸ˜‹

I’m not gonna get into “all that” much more right now, other than expanding on the reason why I started this entry in the first place. πŸ™„πŸ˜ Now, this is something that I’ve heard of happening in bigger cities, but I wouldn’t have thought that my relatively small town would have been affected by it already. 🀨 But investors will swoop in and buy up all the “cool” apartment properties, do a little bit of renovating, and then rather than living in them or renting them out in a traditional manner – they use those properties as short term, almost “vacation-like” quasi-hotel type rentals. 😠

In particular I can see that this has happened to many of the downtown apartments that used to be available above businesses, retail, restaurants, etc. A few years ago you would see a couple of them become available every few months, but now the majority of what I see are listings by folks who rent them by the week, weekend, or even sometimes by the night. πŸ˜•Β And in a way, you can’t blame them. Why rent a place out for $900 a month when you could average $100 a night by renting it out as an AirBNB or similar-type destination for well-off folks who only come to town for a few nights? πŸ‘¨πŸ»β€πŸ’ΌπŸ“ˆπŸ€‘

It’s exactly what already-expensive rental markets in bigger cities are experiencing. Locals, who actually want a home, who want to rent via traditional terms, are priced out of the market by the influx of investors who buy up apartments for higher priced, short term rentals. 😯 I guess in some cities on the west coast, more than 50% of the apartment market has been gobbled up in that way – and the only thing that might be able to stop the practice is if local ordinances are put in place to prevent it. πŸ€” But, to me, short-term renters would probably sound appealing to a city council, since that type of traffic would also be the type that would be spending money while they’re staying in their nifty vintage loft, or at least more so than a regular monthly tenant probably would be.

But yeah, all of this rambling just comes from one evening of quickly browsing through a few different apartment search type sites – so I may be assuming too much without having done enough research. 😏 But after that hour or so of browsing, when the net result is “Well… that seems like some bullshit.” πŸ˜… it only makes sense that it would also end up here in the blog, eh?

7th and Broadway

Just got back from a couple of nights away down in Cincinnati. The Jack keeps throwing free room offers at me like a kid on a paper route, so I figured I’d take one little “last hurrah” trip down there before the weather starts getting cold and crappy. Even at 3am it was still warm enough that we could stroll the sidewalks around the hotel and sit on the curb and watch the city going to sleep. And we couldn’t help but keep glancing up at the apartments of Seven at Broadway and wonder what kind of job a person would have to have where they could justify spending $1500 to $2500 a month on rent.

Other than being “somewhere else” we really didn’t make any plans for what we wanted to do, and were content just being potatoes in the room, swimming in the pool that was apparently reserved just for us, and making a couple of trips over to The Jack to grub on free buffets and spend my comps (and a little bit more) to make it feel like a real vacation. 😎 Although I think the thing that gave us that “vacation” feeling the most was springing for room service for breakfast. πŸ˜‹ It was only $10 for the typical eggs, sausage/bacon, home fries, toast, etc… hard to pass up feeling special at that price.

Coming back home sure was a shitty feeling though. Neither one of us messed with our phones much during those three days, so we had this force field of self-imposed isolation around us for most of the trip – and I think it made us both wonder what it would feel like to completely abandon our current lives and just transplant ourselves (not together… heh) into some completely new location with all new people and all new experiences. πŸ€” Meh… but then I guess those are the types of things that vacation is supposed to make you wonder about.

I intended to keep my mind clear for the rest of the night after getting back yesterday, but unfortunately the closer I got to home, the more that “home stuff” started creeping into my brain. πŸ˜’ I had already been thinking about this at the hotel actually… how I have to make a trip to Logan soon to personally stop in at my estate attorney’s office, since nobody there can be bothered to return my damn phone calls for some reason. 😠 It feels like a personal slight, plus it’s keeping both Dad and me waiting around like tools, so it only makes sense that I began dwelling on it first.

But yeah, even though it’s only about 100 miles away, there were moments when it felt like 1000 – and it was just what we both needed. ☺ Kitties prohibit our trips from being any longer than two nights, but we were both wishing we could have added a couple more nights to this trip. And yeah, there are probably some underlying issues when a getaway feels this important, but we won’t talk about that right now… Β πŸ˜…