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Bigmack Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-06-09 10:45 AM
Original message
Where are people living?
I saw a Reuters piece today that said the national apartment vacancy rate is at a 23 year high....
http://www.calculatedriskblog.com/2009/10/apartment-vac...

And there's tons of news about foreclosures....

Our population isn't going down.

So where are people living?

My own first response is "Under bridges in cardboard boxes", but I wonder if any DUers actually know what's happening.
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Bluzmann57 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-06-09 10:47 AM
Response to Original message
1. How many young people are living with their parents?
How many young people, just out of college and unemployed, are living with their parents? I suspect that the number is high.
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Barack_America Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-06-09 10:48 AM
Response to Original message
2. With family, friends, etc.
The number of multi-family households is probably increasing.

The 2010 Census is coming at an interesting time, no wonder the right is trying so hard to discredit it.
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yurbud Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-06-09 10:49 AM
Response to Reply #2
7. a lot of couches are getting horizontal visitors, and the basement kids lived in as teens...
Now house the former teens wife and kids too.
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The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-06-09 10:48 AM
Response to Original message
3. Around my neighborhood I'm seeing renters living 6 adults in a
3 bedroom house. This is new & frightening.
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yurbud Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-06-09 10:50 AM
Response to Reply #3
8. it's what new immigrants have done for decades--we are just driving middle class
down to that standard of living.
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peace13 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-06-09 10:48 AM
Response to Original message
4. With mom and dad and grandma and aunt Betty!
The double stack isn't just a sandwich anymore!
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Xithras Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-06-09 10:49 AM
Response to Original message
5. Together, mostly
Many young people are moving back in with parents (saw recently that the percentage of 25 year olds living with parents is now at its highest point in nearly a century). People too old for that are generally getting roomates & such, to share costs and reduce their per person spending.

And yes, some are in cardboard boxes.
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unpossibles Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-06-09 10:49 AM
Response to Original message
6. Probably a combination of things
more people probably are becoming homeless. I have no doubt about that

More people are also moving in with friends into cheaper, larger apartments too, and also I assume more people are going back to their family at times.

Also, consider that there were a lot of new apartments and houses refurbished and built during the boom; I assume that many are sitting empty now.
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Peacetrain Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-06-09 10:50 AM
Response to Original message
9. A large number of people in the country illegally, have returned to their
home country.

As much as people carp about illegal immigrants..they fail to acknowledge how much they add to the economy
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sinkingfeeling Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-06-09 10:55 AM
Response to Original message
10. In this town, we're certainly over-built on the apartment side. Everybody wants to own an
apartment complex for student renters. They built 3 large ones between Jan. and Aug. 2009.
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Trillo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-06-09 11:08 AM
Response to Original message
11. It used to be common for 4 generations of family to live in a house,
or so I've read.
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spinbaby Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-06-09 12:31 PM
Response to Reply #11
14. The modern McMansion could accommodate that
Maybe with some revision of the wasteful floor plan.
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rubberducky Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-06-09 11:29 AM
Response to Original message
12. Trailers? We lost our home to foreclosure here in MI, I`m not sure if the power`s that be
consider this a "home" because you have to go through sec. of state to register your "home".
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Uben Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-06-09 12:23 PM
Response to Original message
13. I know why there are fewer tenants.....
...the Hispanic population is leaving! These people typically rented homes and apartments, but the work they came here to do has dried up...typically construction, landscaping, and day labor. They are finding it difficult to sustain themselves with so little work so they are moving back to their country.

I am in the apartment and lease home business. In our small town of 15,000, there are 53 rent houses vacant at this time. We went from a shortage of rentals to a glut in less than six months. When the construction stopped, the exodus began.

Supply and demand.
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