The number of vacant homes for sale in the United States set a new record in the first quarter of 2008, the U.S. Census Bureau reported Monday.
The Census Bureau reported that 2.9 percent of U.S. homes or 2.28 million properties, not including rentals, were vacant and for sale. It was the highest quarterly number as far back to 1956 when records of such vacancies were first kept.
The West had the biggest gain in vacancy rates among home owners, rising to 3.2 percent in the January-March period from 2.6 percent in the same quarter a year earlier. Vacancy rates inched up in the Northeast and remained steady in the Midwest and South.
Source: The Associated Press, Alan Zibel (04/28/2008 )
I was very disappointed when I saw the below article on creative loafing. My water/sewer bill is already ridiculous! Now what?? Sheesh- people complain about how expensive it is to live in NY- to me, Atlanta is worse… aleast New Yorkers make comparable wages …..Can you tell right now that I’m not really feeling ATL? Well, I’m not feeling ANY place that continues to hit me in my pocket!
Massive water/sewer rate hike may be on the way
April 25th, 2008 by Scott Henry in News
Atlanta residents already bracing for a potential tax hike may also be facing a sharp jump in their water and sewer bills.
Although the Department of Watershed Management won’t deliver its proposed budget to the City Council until May 1, a highly placed source in City Hall says the department is planning to ask for a dramatic 25-percent rate increase.
The department had recently sought to enact a “drought surcharge” to offset residents’ lower water usage – and thus lower water revenue – but was rebuffed by the Council.
“It seems unfair to ask people to conserve water and then penalize them for doing it,” says Councilwoman Clair Muller.
The presumption is that Watershed would simply roll the increase into its upcoming budget proposal, which was already anticipated to include higher rates to pay for the next round of sewer fixes. But Muller says the rumored 25-percent hike is much steeper than was expected – and is likely to inflame more controversy in a City Hall already grappling with a budget crisis.
If such a large increase in water rates is proposed, Muller says she will move to postpone future clean-water projects so the city can keep rates lower but still meet a federal consent order to repair its aging sewers.
Interesting read : INMAN NEWS