Homeowners seek roommates to help with bills
Started by nyc10022
over 17 years ago
Posts: 9868
Member since: Aug 2008
Discussion about
Homeowners seek roommates to help with bills http://www.usatoday.com/news/nation/2009-02- 15-roommates_N.htm The sour economy has more homeowners, and some renters, taking in boarders to pay the bills. Mary Thomas of Middleburg, Fla., who is in her mid-50s, lost her job as a welfare counselor two years ago and is working part-time. In December, the mortgage payment on her four-bedroom house went... [more]
Homeowners seek roommates to help with bills http://www.usatoday.com/news/nation/2009-02- 15-roommates_N.htm The sour economy has more homeowners, and some renters, taking in boarders to pay the bills. Mary Thomas of Middleburg, Fla., who is in her mid-50s, lost her job as a welfare counselor two years ago and is working part-time. In December, the mortgage payment on her four-bedroom house went up $200. "I need a roommate," Thomas says. "At my stage in life, I have no parents. I'm it," she says. "It's pretty scary to be in this position." Peter Francese, who studies housing trends for ad agency Ogilvy & Mather, saw similar housing arrangements during the recession in the early 1990s. This time, many people who are losing their jobs also owe more on their mortgage than their house is worth, he says. There are no figures for the trend. The most recent Census data show that households with non-relatives increased 8% to 11.2 million in 2007 from 10.3 million in 2002. Francese estimates the number topped 12 million in 2008. Mark Otzos is asking $600 a month for the master bedroom and bath in his 1,150-square-foot house in Manteca, Calif. He lost his job as a mechanic in March, and his new job pays $20,000 less. "I'm trying to do anything to save my house," says Otzos, 40, who has a 16-year-old son. Otzos put his ad on Craigslist. The website's roommate postings nationally increased 70% to 476,045 in January 2009 from 279,389 in January 2008, says spokeswoman Susan MacTavish Best. Mark Verge of Westside Rentals in Santa Monica, Calif., says roommate inquiries have gone up from two a month in past years to 50 a week now. Cruz Mayfield, 19, leased his $885-a-month one-bedroom apartment in Las Vegas three weeks ago and four days later lost his job at Best Buy. Now, he's trying to rent the bedroom for $350 a month and crash on the couch. "I'm even thinking about joining the Marines," he says. "It's the only place that's hiring." [less]
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One thing I have never understood about real estate is that our various tax policies encourage real estate ownership among a group of people who have no business owning same; namely, those people without an adequate cash flow to service the high costs that real estate ownership entails.
Bottom line: the majority of people have no business owning real estate. I don't understand politicians' idiot obsession with encouraging ever-higher rates of home ownership.
Agreed... and, coincidentally... check out this on that idea...
http://www.streeteasy.com/nyc/talk/discussion/8569-renters-vs-buyers-renting-better-for-america
I read that article @ the Atlantic and think it's spot on.
I don't see any indication that these absurd policies will change any time soon; politicians are too financially illiterate to parse the argument that most people have no business owning real estate.
I asked my wife if we can rent out our spare bedroom to female french exchange students but she won't budge. Just think of the extra income?
JuiceMan, fantastic idea. I don't think you should give up - open the qualifications up to Italian and Spanish female exchange students. I'm sure it'll work out.
I have a spare couch for those Italian, Spanish, and French female foreign exchange students.
One question though: can Greek female foreign exchange students apply? Cause some of them are really hot...
Wait, so the exchange students won't be buying $1 mil condos in Williamsburg?
stop being a douchebag nyc10022. Have some fun for a change.
You post not everyone should be able to buy because of their incomes..well that's a perfect example why we need rent stablization back and hopefully it's coming back. where can people live if apartments are $3000 a month???
Oh no, not the rent stabilization thread again. We beat that horse to death already. No, we do not need more rent stabilization. People double up when things get tough and share costs, they always have and always will.
"where can people live if apartments are $3000 a month???"
Perfectly nice neighborhoods within a short subway ride of work in the City exist in the Bronx, Queens, Hoboken, Jersey City, Inwood...God did not ordain that people should be able to live in Chelseas should they so desire.
> stop being a douchebag nyc10022. Have some fun for a change.
I'm having a blast, why thank you.
Take the advice yourself... you are CLEARLY bitter about something. Insults aren't necessary, and they aren't going to get you your money back.
"You post not everyone should be able to buy because of their incomes..well that's a perfect example why we need rent stablization back and hopefully it's coming back. where can people live if apartments are $3000 a month???"
Rent stabilization is what MADE the apartments $3k, honey. Not sure why we bother explaining anything to Julia.
But, good thing we got a crash, because you can find a HELL of a lot of Manhattan apartments south of 96th under $2k these days...
"Take the advice yourself... you are CLEARLY bitter about something. Insults aren't necessary, and they aren't going to get you your money back."
http://www.flickr.com/photos/thejof/331634958/
Hall monitor, get a life... it was a joke...
Wow, you really are a tool, aren't you?
why should only rich people live in manhattan...
> why should only rich people live in manhattan...
who said that?
Julia said it.
"Insults aren't necessary"
It is not an insult if it is true.
"they aren't going to get you your money back"
What money do I need back?
"why should only rich people live in manhattan"
Because poor people depress me, they always want a free house, a job, or something. Why can't Manhattan be a utopia for the wealthy? Poor people can have Newark.
LOL JuiceMan.
> It is not an insult if it is true.
Cool, then.
You are the biggest idiot on the board, short of rufus and perfitz...
All documented.
and that thread of your 'greatest hits' did keep me ROTFL for quite some time...
and if I'm a douchbag for taking enjoyment in your stupidity... then, yes, guilty.
"Hall monitor, get a life... it was a joke...
Wow, you really are a tool, aren't you?"
Dear Lord you are amazing. I'll just quote you on this, because it applies so well: "you are CLEARLY bitter about something. Insults aren't necessary."
bjw, you are complete tool. and a tool with an agenda.
All your fing hall monitoring, and not a word about juiceman.
give it up, you are a tool.
And why would I be bitter? I called it right, and watch the bubble you bought in pop.
Nice job!
JuiceMan has a sense of humor. No "calls" you made will get you that, unfortunately. Chill out, brother.
(and its not an insult because it is accurate)
(and its not an insult because it is accurate)
You are a bit testy today nyc10022. I thought you made a douchbag comment above I don't actually think you are douchebag. Two very different things, but I need to remember that you don't react well to sarcasm.
"You are the biggest idiot on the board, short of rufus and perfitz... "
That's funny nyc10022. If that is true than the biggest idiot on this board has maded you look foolish countless times. What does that make you?
Sorry, you're not an idiot... you're an idiot with a warped view of reality...
I stand corrected.
And I heard insults are ok if they're accurate... so I went with it...
"I thought you made a douchbag comment above I don't actually think you are douchebag. Two very different things, but I need to remember that you don't react well to sarcasm."
Ironic, given that you freaked out about my sarcastic line...
JuiceMan, I find your comments funny.
Sadly, nyc10022 cannot get back the hundreds of hours of his time he has spent on streeteasy discussion boards attempting to be everyone's Headline News. Probably an elderly housewife with nothing else to do. And from her line about foreign exchange students not buying condos in Williamsburg, she obviously has no sense of humor.
I wonder how many pointless reposts of online newspapers and newswebsites she copies and pastes everyday?
And her standard response to anyone who challenges her is to call them an idiot and then say it's been documented, like SHE'S the authority on it. But then again, she is the authority on looking like an idiot.
You need a time out. Go find another magazine article that we have all read, post it, and then exaggerate the numbers. Don't forget to add a bunch of !!!!!!! and OMG to it.
Hey, you can make up whatever insults you want...
but it won't bring the RE market back. I'm sorry. I know you're in denial - we've seen that on other threads - but its not coming back.
Lashing out won't dull the pain.
And, WOW "you waste time on streeteasy" is certainly not a line to use in defending Juiceman or bjw. Even worse, when Juiceman used most of his wasted time to say there wouldn't be a crash.
"You need a time out. Go find another magazine article that we have all read, post it, and then exaggerate the numbers. Don't forget to add a bunch of !!!!!!! and OMG to it."
Go post your "the market won't decline because...." diatribe another 1000 times. I think the board needs some more good laughs...
!!! omg!!!
lol! JuiceMan, you're right on the money!
nyc10022 is definetly a bored housewife who considers herself worldly and informed because she knows how to copy and paste from cnn.com and cnbc.com
just pathetic. the second one person makes even the slightest jab at her, she gets all defensive, starts crying and calling people names, insulting them, and throwing a hissy fit.
Think she has major psychological and instability problems?
Affirmative.
> she gets all defensive, starts crying and calling people names
The hypocrisy is amazing... Look who started the insults.
Say I'm bitter all you want, I'm LOVING IT. I'm sorry if you bought in the bubble - and I honestly feel for folks who made the mistake - but it is awful nice on this side of things.
Thanks kingdeka. nyc10022 is ok. A bit defensive, dramatic, and doesn't have much of a sense of humor but other than that he would be a lot of fun at a cocktail party. Just make sure you have a lot of old magazines and newspapers on your coffee table so that he can read them to you.
> JuiceMan, I find your comments funny.
I do agree with that. His market predictions still have me rolling!
(and he was quite defensive about those as well)
> Just make sure you have a lot of old magazines and newspapers on your coffee table so that he can
> read them to you
Yes, I do like reading. Perhaps you should have tried it before making your market calls....
....Say I'm bitter all you want, I'm LOVING IT.........
So there you have it, from her own words. Misery loves company.
It doesn't take much to get a woman like that all hysterical and super defensive. Whereas most people don't think twice about what anonymous online posters say about them, she throws a temper tantrum and is probably crying and eating Haagen Dazs right now. What a pathetic human being.
I knew from your constant posting of any bit of negative news, no matter how insignificant it is, you were a miserable person. Now you confirmed it. Any bit of negative news, and you're all over it.
I feel sorry for someone like you who is so negative, unhappy and miserable that they only feel better when they spread their misery to others.
A normal, stable person would not look at the fact that many people in the U.S. are losing their homes, jobs, security as well as the devastation this causes their families and say that they are loving it.
nyc10022, you are truly a sick and miserable person. I almost feel the need to reach out to the Department of Mental Healthy & Hygiene for you to refer you to a clinician, but then I realized, I don't care.
"A normal, stable person would not look at the fact that many people in the U.S. are losing their homes, jobs, security as well as the devastation this causes their families and say that they are loving it. "
You moron, I've said for quite some time, even said it above, that I feel for those folks. You are an idiot.
But, for me, yes, I absolutely love it. Yes, call making the right call and being happy about it misery, but you wallowing in your lousy decisions and bitter about yourself "normal".
Uh, ok.....
> but then I realized, I don't care.
Yet you spend SO much time here trying to explain how I'm unhappy. Yes, got it. Its those who are comfortable with themselves who have to explain it and explain how others aren't.
Uh, ok.
Can't we all make like Rodney King and get along?
(from the things learned on streeteasy)
nyc10022 111) Every thread turns into personal insults...
I liked that "things I learned on streeteasy" thread.
Probably because I started it.
But also because it was all true. Even my sarcastic snark that started the whole thing...
Exactly. When you have folks bitter about their choices, they tend to lash out.
As for exactly why they need to lash out... ask Juice and Kingdeka... I won't speak for them.
"Exactly. When you have folks bitter about their choices, they tend to lash out."
It is to laugh.