So I'm looking at leasing an apartment for next year, and trying to figure out when to sign. The guy at Village Green is telling me that they reevaluate their pricing at the end of this month, and the rates will change. So here's my question: Should I expect them to go up or down?

Of course he's saying up, but I don't know if that's truth or if he just wants us to sign quick. Everything I've heard about the housing market is that it's shitty right now, though I don't know if that's true locally. Also, they're not furnishing beds anymore next year, so I imagine the price will be adjusted for that as well.

Anyone here know real estate?

11/26/2007 8:20:20 PM

if the housing market is shitty there are going to be more people renting

11/26/2007 8:22:44 PM

Up. Rent always goes up.

11/26/2007 10:59:12 PM

They won't adjust the prices for removing the beds. It'll either stay the same or go up.

11/26/2007 11:09:15 PM

tax values are going up at the end of the year as well

so its going up

11/26/2007 11:18:45 PM

because apartment companies are gobbling up everything left and renovating...kensington apartment above me is getting all new cabnits and shit

^haha i got a true story about that...this guy tells me how his house went up 20000k this last appraisal and he was hoping to play the market...i was like thinking lol you are just paying more property tax

[Edited on November 26, 2007 at 11:21 PM. Reason : ^]

11/26/2007 11:20:36 PM

wait a year or two and buy up all the cheap houses

11/27/2007 8:35:22 AM

Quote :

"this guy tells me how his house went up 20000k this last appraisal and he was hoping to play the market..."

it went up 20 million?

i doubt that

the tax increas on 20k difference however is rather marginal.

11/27/2007 9:35:48 AM