“I’ve Abandoned My BOY…er…CITY!”

DDayLewis_yellingAccording to Forbes magazine, Kansas City has abandonment issues:

Indeed, the Kansas City metro area tops our list of America’s Abandoned Cities. In Kansas City, rental vacancy rates rose from 11.9% to 15% over the past year; homeowner vacancy rates nearly doubled, up from 2.1% to 3.8%. Comparatively, the average homeowner vacancy rate in the country’s 75 largest metro areas improved slightly from 3% to 2.7%, while the rental vacancy rate edged up to 10.2% from 10% a year ago.

Fans of ubiquitous “Best/Worst of” lists may recall that the magazine is none too fond of the heartland, as we noted during our SOTL days.

But surely the tide is about to turn for the metro area — just look at the innovative sales tactics local realtors are developing to entice would-be homebuyers!

Forbes_screenshot

Message: Buy this house, and you’ll soon be…ON A BOAT!!!

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Filed under Economics, In the News, Real Estate, Social Life

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