I just read this month’s issue of Money Magazine. An article in it (‘Young, in Love and in Too Deep’ – August 2005 page 39) profiles a young couple, both 23, not married or engaged, who have bought a $299,000 home together in Florida. They can’t afford furniture, don’t relate to the neighbors (who are mostly families with kids) and they fight about small amounts of money (He thinks she should pay for the iron she will use to press his shirts). They own a pit bull, and are essentially camped out and unhappy in their cavernous, empty home. Their budget is stretched to the limit and they have no money remaining each month to enjoy being young and in love!
Month: August 2005
Steve’s Austin Rental Market Update – August 2005
By Steve Crossland
Average rents in Austin are rising each month in 2005 according to MLS Leasing stats. It’s too soon to know if this marks a turnaround for the Austin Rental Market, but the trend is encouraging for residential landlords and Property Managers. See the graphs and details below.