“ROOM FOR RENT”

It’s been officially acknowledged and certified by the Lost Coast Journal that we indeed have a housing shortage, if not a crisis, on the North Coast.  Apparently something like 500 students who started school in August are still looking for  housing.  That is ridiculous!  Why hasn’t a public health crisis been declared?   What is HSU doing about it??? Many unanswered questions. 

I rent out my extra room and bath. I resisted it for years,  then got smart.  A tenant solves a lot of problems.  An extra hand for heavy chores, someone to watch the dog when I’m out of town, lots of advantages. Plus the extra income is like crack; you are instantly addicted.  What’s puzzling to me is that with all the shortage talk,  the PRICE for a room hasn’t really gone up at all.  I charge $600 for a furnished room with private bath,  in a decent area. I’ve only seen  a couple of ads on Craig’s List that want more for a room.  So the law of supply and demand doesn’t seem to be applicable.  

Craig’s List is always a good read.  It’s amazing how many folks want to rent a room for nothing  or “work in exchange for rent”. Who does that except for growers? I usually don’t have to list my vacancy.  I just scan Craig’s lIst for people looking for housing  who sound reasonable.

Anyway, my new tenant is moving in this week.   Happy New Year!

END

The July 2016 Economic Index Is IN

Here’s the latest from Dr. Eshcker and the crew.  Not much change this month. Unemployment is up a bit. “California gas prices decreased from $2.91 to $2.73.  Northern California’s average also fell to $2l84 from $2.93, and Eurekas average  gas price per gallon fell from $2.96 to $2.74.”

Read the whole report HERE.

END

The JUNE ECONOMIC INDEX is IN

The June Economic Index for the Co, thanks to to  Dr Eschker and the folks at HSU. 

As they summarize it, “The Composite Index fell 1.4 points from last month’s value of 107.9 to the current value of 106.5. The Hospitality Index climbed over the past month, while the Home Sales, Retail Sales, and Employment Indices declined. The median home price decreased to $270,000. Leading Indicators are mostly rising in May. The seasonally adjusted unemployment rate in Humboldt County decreased from 4.6 percent to 4.4 percent. ”  

Read the whole report HERE.