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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Other dynamic is unlike past retirees boomers often own two homes. My neighbors have a few “snow birds” they keep their house in retirement.

Look I have a nice five bedroom, four bath, 2 car garage on a flat 1/2 acre in Close in MoCo.

When I retire and go to Florida or Delaware my wife will not sell. She wants to wait a few years. Maybe even rent it. I may hate Florida. I can’t afford to buy back my house in retirement.

[/quote]

Yep.

This happened to a friend of mine. She rented a house from a snowbird and they moved back during the pandemic because FL was a nightmare.

So she had to change her rent- she went from renting at 2800/month to 4500/month.

So the demand is still there because she can’t sleep because she is throwing away 55k a year in rent  alone now. [/quote]

I think you're saying that they kicked her out of the house so they could live there again?  Wasn't she on a lease?  How is that remotely possible?  If her rent went up $1,700 then it sounds like she found a below market rental which was lucky for a short time but maybe it's time to buy a house or rent further out where she can afford.[/quote]

There is a huge “secret” off season market. It got disrupted in Pandemic. My beach town has a whole second winter tenant crowd who paid well below market and rented off season. My condo alone one tenant rented 25 years off season. Whole house furnished. He was a professor at a nearby college came up for school year and for summer went to his cabin in upstate NY. Also I dated a few girls who lived at home in summer and rented off season.

[/quote]

I recognize that beach houses have a lower rent in the off-season.  Are you the one who's friend is paying $1,700 more?  If so, you forgot to mention they were renting a beach house for the winter from the snowbirds.  If they were renting a beach house in the winter, why were they surprised that the rent would go up in the summer?  Very confusing post. [/quote]

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