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Anyone spotting a trend with houses in BR right now...
Posted on 9/29/22 at 8:18 pm
Posted on 9/29/22 at 8:18 pm
Maybe I'm jumping the gun (no pun intended) and this is a seasonal thing, but it appears there has been a recent spike in nice houses in the greater BR that have gone up for rent. Anyone seeing this on any real estate feeds you're getting? Houses that they're asking $2300/month for in rent. Who in the heck is coughing up $25k a year in rent around here, and where are these landlords going if these really nice $350k+ homes are being rented out?
18
Posted on 9/29/22 at 8:19 pm to Tomatocantender
Just rent yours out. You know why.
Posted on 9/29/22 at 8:29 pm to BRgetthenet
Brought to you by train.com it’s hard to stop a train
Posted on 9/29/22 at 8:41 pm to SuperSaint
Rent rates are really good in BR right now. Lot of people either don’t want to buy or can’t qualify with rates as high as they are so they are choosing to rent.
Posted on 9/29/22 at 8:46 pm to Tomatocantender
What is the market looking like in BR to sell a house these days? Genuinely asking.
Posted on 9/29/22 at 8:47 pm to AbitaFan08
Dismal. Interest rates are about 6.75. Lotta people just staying put.
Posted on 9/29/22 at 8:49 pm to dyslexiateechur
Nice houses are renting for 3k a month right now in mid city
Posted on 9/29/22 at 8:50 pm to dyslexiateechur
Yeah I think that’s a trend nationwide. High interest rates are hurting the real estate market right now.
Posted on 9/29/22 at 8:50 pm to Tomatocantender
Uhhh, is homeowners not increasing in Baton Rouge? That certainly causing a truly significant increase in rental cost in south LA.
Posted on 9/29/22 at 8:51 pm to Tomatocantender
Have you seen those stats where like half of Americans cant even cover a $500 emergency expense
Well now you know why
Almost everything a poor makes at waffle house goes to rent and beans/rice
Well now you know why
Almost everything a poor makes at waffle house goes to rent and beans/rice
Posted on 9/29/22 at 8:51 pm to LSU1018
quote:
Rent rates are really good in BR right now. Lot of people either don’t want to buy or can’t qualify with rates as high as they are so they are choosing to rent.
That's what I'm seeing. Houses for rent in Prairieville for example asking rent $2100 to $2300 per month, and looks like they have them under lease within 30 days of listing. But just thinking this out, who in the heck is throwing away $25k annually for something you don't build equity in, and that's before electricity, utilities, and possibly lawn work. I guess I just don't understand the mind of a renter as this price point.
Posted on 9/29/22 at 8:51 pm to Tomatocantender
quote:
Who in the heck is coughing up $25k a year in rent around here,
Those who don’t pay property taxes, insurances, homeowner deductible or repair a god damn thing in the house that breaks
Posted on 9/29/22 at 8:52 pm to Jdiggy
quote:
Uhhh, is homeowners not increasing in Baton Rouge? That certainly causing a truly significant increase in rental cost in south LA.
Excellent point!
Posted on 9/29/22 at 8:55 pm to Tomatocantender
Show me a nice house that rents for $2300/month. That’s laughable
Posted on 9/29/22 at 8:56 pm to Chad504boy
quote:
Those who don’t pay property taxes, insurances, homeowner deductible or repair a god damn thing in the house that breaks
Yep. I would like to know also about the landlord people renting out these nice houses. Have they recently moved out of state or downsized up the road. Where are they going?
Posted on 9/29/22 at 8:57 pm to TigerDeBaiter
quote:
Show me a nice house that rents for $2300/month. That’s laughable
Several in Prairieville right this very second. Facebook marketplace etc.
Posted on 9/29/22 at 9:11 pm to Tomatocantender
What do you think the mortgage is on a buy of that house right now
Posted on 9/29/22 at 9:14 pm to Tomatocantender
1) well to do people going through a divorce
2) sometimes well to do people when they first move to town
3) college kids (doesn’t sound like the right part of town).
2) sometimes well to do people when they first move to town
3) college kids (doesn’t sound like the right part of town).
Posted on 9/29/22 at 9:16 pm to Tomatocantender
quote:
really nice $350k+ homes
Is this really a thing in BR?
Posted on 9/29/22 at 9:50 pm to Tomatocantender
quote:
Several in Prairieville right this very second. Facebook marketplace etc.
You said BR, not a bedroom community.
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