Hurst, you are exactly ten years older than me. The late 80s must of had huge housing inflation, cause by 95 when I was shopping for more than a room to rent, prices were way up. The only way to get under 5 or 6 hundred plus utilities was to live in the pure trash neighborhoods.
Despite the overall spirit of deregulation, it became common in the 70's & 80's to place heavy restrictions on real estate: open space laws, capping the # of floors of new buildings, rent control laws, etc -- all of which created an artificial housing shortage in the regions that enacted such laws. Recommended reading: The Housing Boom & Bust by Thomas Sowell
Double Yellow, what was your profession prior to graduating to truck driving? You seem too smart to drive a truck.
It was expensive in the Wash DC suburban metro area. I left Fla and came back to Md. My first apt was in Silver Spring called Bell Pre Apts not far from Georgia ave and Bell Pre rd. 2 bdrm ground floor apt was $700 month, no utilities included. That was 1991-ish. Not posh,.. but not in the ghetto. You would still find 2 bdrom apts in the ghetto areas for under $600. Fla had cheap realestate up until about 2002/2003-ish when the housing boom erupted. My first house in Fla was 1250 sq ft, 2 bdrm, 1 car garage with a .28 acre corner lot for $49,000,.. that was in 1999. Same house in Md would have cost $175,000 - $200,000 during that time. My father inlaw bought a place for $31,000,.. his was a larger 3 bdrm modular home with an in ground pool, but had a 1 acre lot. Mine was an actual brick home on a foundation. I was paranoid about hurricanes blowing my house away. Now after being through a few,.. I know better LOL Hurst
In Sarasota, mid to late 90s under 6p0 was either a two bedroom up by the airport(ghetto) a 1 bedroom over a bar, or an efficiency apartment in a decent area. As far as buying, 65k could get you a two bedroom 1 car garage small house in the surrounding communities, Venice for example. The house I currently live in, sold for 224k in 04. I bought it two years ago for 63 as a damaged bank repo. Not a single piece of glass, light fixture or dry wall was solid. The previous owners took a hammer to everything when they were foreclosed on. I spent over twenty five repairing it. But well worth it in my mind. I could easily get 180 for it today, but thinking I'll keep it till the next time housing prices are artificially inflated like the early 2000s.
I first lived in Ocala in the mid 80's, trailer park off 475, not far fom Don Garlets. $50 a week. Then moved not far from Paddock Park mall in the duplex for $275 month. Duplex was in a very nice subdivision. Back in the 80's Ocala was mostly about horse farms and late night cruising the boulevard on weekends. Not much else. House I bought in 99 was in New Port Richey. Pasco county. Kinda ghetto,.. much worse now then it was back in 99. Was mostly working class when I bought. Lots of kids. After the housing crash and investors scouped up all the forclosures and turned them into HUD and section 8 homes,.. now you see houses with 6 - 8 cars parked across what is left of the lawns, unkept yards, cant leave anything unlocked in your yard. I had to get a dog and keep her out back to keep people from stealing my lawn mower and kids bikes every other week. Bought a new house in Hernando county,. not far off rt 50. 5 acres, 3200 sqft split foyer home on 5 acres for $210,000. Was a foreclosure,. they wanted $280,.. we bid $210 and got it.Its out in the sticks,.. not close to anything. Zoned agricultural/residential. So we can do pretty much anything we want. Homestead exemption with agricultural zoning,.. property taxes are barely $1200. Still own the house in Pasco,.. waiting for the market to come up some more before I sell. My brother is currently living in it. Sarasota is more like Orlando, Lauderdale, Palm beach etc when it comes to the housing market. I can buy the same house up in Bradenton for much less than Sarasota. Although,.. Bradenton has a few areas now that are booming,.. anything close to i75 or the beach is going to be expensive. Hurst
I cleaned the cab of my truck today and found my ledger from 2009-2011 when I first started out as an o/o. My flat rates on all practical miles (they were usually pretty close but rarely spot) was 90 cents a mile empty and 95 cents a mile loaded plus surcharge. The week of 5-31-11 thru 6-4-11 that surcharge was .455 per mile. Here is that sample week direct from my ledger: Portland, TN - Havre De Grace, MD 736 loaded (practical not odo) 0 empty Begin odo - 998,989 End odo - 999,859 Havre De Grace, MD - Baltimore, MD - Greenville, SC 513 loaded 26 empty Begin odo 999,859 End odo 1,000,467 Greenville, SC - West Columbia, SC - Clarksville, TN Loaded miles 485 Empty miles 104 Begin odo 1,000,467 End odo 1,001,062 Clarksville, TN - LaVergne, TN - Farmington Hills, MI Loaded 564 Empty 61 Begin odo 1,001,062 End odo 1,001,728 Farmington Hills, MI - Southfield, MI - Clarksville, TN Loaded 537 Empty 8 Begin odo 1,001,728 End odo 1,002,277 3,288 odometer miles driven 2,835 paid loaded miles @ $1.405 cpm 199 paid empty miles @ .90 cpm 3,034 paid miles 254 extra miles unpaid or a little under 5% $3,983.175 paid loaded miles $179.10 paid empty miles $4,162.275 total revenue $1.265 actual rate per mile divided by hub miles The settlement was around $1,900! I used to work like crazy to make a $2,000 settlement. Will never forget it bleary eyed and 3,000+ miles every week with a short weekend every week. What really sucked was changing the oil every 4th week and eating up half my day of a day and a half off on that.