Posted on 08/10/2023 8:31:48 AM PDT by ChicagoConservative27
Maine has the most vacant housing out of all 50 states, according to new research from real estate website LAHomes.
The Pine Tree State had an average home vacancy rate of 23.9 between 2011 and 2021, the research shows.
The state’s home vacancy rate peaked at 23.3 percent in 2013 and fell to its lowest—22.5 percent—in 2020.
Alaska and Vermont have the second and third-highest vacant home rates, respectively.
The Last Frontier state has an average home vacancy rate of 21.4 percent during that same time, LAHomes also found.
Home vacancy rates reached their highest in Alaska in 2012 and 2013 at 23.3 percent in both years and fell to their lowest in 2021 to 17.9 percent.
(Excerpt) Read more at thehill.com ...
NH is #8 on the list. I can tell you from personal experience that they are not talking about abandoned homes. Any home around here that is not being live in is quickly either rebuilt or torn down and a new structure is built in its place.
A building lot around south central NH is worth $150K. They go up exponentially as you get closer to the ocean.
My SIL and BIL live there year round, but the funny thing is they go on vacation in the summer months, when it’s supposedly the nicest.
These are the 15 states with the cheapest average home prices.
https://www.forbes.com/home-improvement/features/states-with-lowest-home-prices/
Neither Vermont nor Maine are on the list.
I was thinking of moving to NH.
Maybe I’ll check out Vermont.
Maine has the most vacant housing out of all 50 states, according to new research from real estate website LAHomes.
Oh, a California real estate company did the research? It must be sound. /s
"
Why didn't they give the full list?
Moisture the root of all structural evil....
Ah, just the places to ship all those undocumented immigrants. We need more squatters breaking into and taking up residence in other people’s unused homes. All the more enlightened countries have that solution to the housing problem.
St. Louis, MO has hundreds, maybe thousands of vacant homes. Driving along I-70 you’ll see whole neighborhoods of abandoned homes, factories, churches, etc. When you drop 500,000 in population in 50 years...
Are they livable? Safe? Some place you’d want to live? Not so much.
Are second/vacation homes unoccupied at the time of counting counted as vacant? That might skew Maine’s numbers.
I refurbished one. 100 y/o. Worth it due to location.
I’m surprised Texas and Fla. are not low vacancy with all the people moving there.
Hawaii at 16%. That’s high. Perhaps the leftist government do what they did in Dr. Zhivago. Native Hawaiians only.
Vacancy rates mean nothing. Try finding a place to rent in Alaska. It’s almost impossible and landlords are very picky. I see it all the time. All those vacant homes must be second homes in trendy areas, because they’re certainly not on the rental market.
I think so. The thing about Vt is as soon as the home is owned by an out of state resident, the taxes shoot up.
My parents owned a home there. They got a discount on their real estate taxes so they were about $4,500 a year. As soon as my mom moved back to MA (for a nursing home)…the taxes literally went up 350%. We could not afford to keep it.
It’s was scary how they forced us out of this home that had been in our family since 1867. It recently sold for almost twice what we got for it. The taxes are crazy high now.
I live in rural N. Central Arkansas close to the Missouri state line and forty minutes from Branson. There are few homes for rent. I built a log cabin at the expense of around $300K and it appraised at $150K for taxes. I’m not complaining. The area also is demographically acceptable.
So now we know where to send the migrants.
Some of these homes, like the one featured in post #26, are just waiting for Tyler Durden to stop by.
Don't tell me Ben got married again?
Exactly what I thought—why would they suddenly be advertising this info? Or even looking into it?
2020 data. Utterly meaningless.
FRED (federal reserve of st louis, which keeps the government’s economic data in a single database) tells a drastically different story, one that’s far more believable, although perhaps TOO low. They show the vacancy rate peaked nationally at 2.8% in 2007, and is presently 0.8%.
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