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Real estate market strong

September 24, 2013

THE HOUSING market in Ohio has shown improvement over the past six months, according to the Ohio Association of Realtors....

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(8)

Thoughtful

Sep-26-13 6:38 PM

I do not approve of raising rents as many have beyond a reasonable level. I value relationships and honor fairness which is much more important any any extra money you may be able to earn from rent. I still oppose rent controls though. I k ow many have raised rents excessively and I disapprove of that. I prefer to sleep well at night and be able to face any of my tenents and maintain a positive relationship. sadly, many have taken advantage , trashed apartments, and left at night. Many though are good solid people. One I have has rented for 27 years. good luck in your search. Truly the best.........

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promo61

Sep-26-13 5:24 PM

It's bad karma to raise rent on someone knowing that cannot afford. What comes around goes around. There are those who decided to become landlords for the first time due to influx of energy workers. If the market bears the rent they ask, that is OK too. Rent levels in the valley have been low in general for many years.

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putyourwordsintoactions1

Sep-26-13 12:33 PM

Maybe you haven't raised your rent Thoughtful, but that doesn't mean other landlords haven't. Perhaps you should investigate rents recently. As someone who is in the process of trying to find a place to live, I know first hand. Go out and talk to the people who have actually lost the homes/apartments they were renting because landlords saw and opportunity to profit and raised their rent knowing the current tenants couldn't afford for their rent to be doubled and in some cases, tripled!! don't try to tell me it's not happening; it's happened to several people I know personally. People are losing their homes because landlords know the gas and oil workers will snatch the places up and they see an opportunity to profit. Kudos to you if you are one of the few people who haven't become greedy and threw families out to make a few more bucks, but please don't insinuate it's not happening.

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promo61

Sep-26-13 9:03 AM

Often times locals are in danger on the job site. They give them green hats so the more experienced workers can watch out for them. I've heard stories of locals walking off the job either because the job is too dangerous or the hours are too long.

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Thoughtful

Sep-25-13 8:51 PM

You may want to ask the hundreds of local residents who work for this industry. I talked to one on Sunday and he is very happy with his opportunity. You may want to investigate rent controls thoroughly prior to making your statement. by the way, I have four rental units and have NOT raised my rent ............

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putyourwordsintoactions1

Sep-25-13 1:05 PM

Not to mention the majority of jobs created from this "boom" are going to outsiders these companies bring in, not locals. When all these people leave in a few years we'll have no use for all these new things they're building, especially the hotels and we'll end up looking like a run down community when all these places shut down and are no longer cared for.

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putyourwordsintoactions1

Sep-25-13 1:00 PM

The gas and oil industry has hurt the residents of this community, not helped. People who actually live in this area cannot find housing because rent has skyrocketed thanks to this and these companies are coming in and buying up a majority of the houses on the market making it nearly impossible to find a place.

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tgreen7597

Sep-24-13 11:34 AM

How can you say The oil and gas industry has helped the Ohio Valley real estate market, in more ways than one. They screwed the rental market. Nobody can afford the inflated rental market. There should be rent control

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