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Re:Apartment Rents Fall as Crush of New Supply Hits Market by moneywoes on Wednesday March 01, 2023 @09:41AM (#34982899)
> I’ve seen are on properties with clear flaws (e.g. poor location, bad floor plan, etc.)

How do you determine these?

Re:Apartment Rents Fall as Crush of New Supply Hits Market by pc86 on Wednesday March 01, 2023 @10:35AM (#34983464)
Look at where the house is, and look inside the house, respectively.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by hifromLA on Wednesday March 01, 2023 @11:29AM (#34984204)
some examples:

For location it’s common for a property to be in a generally desirable area, but situated right next to a freeway (noise and bad for health) or located right on a busy street (not quite as bad as a freeway, but in certain cases it could be difficult to even get out of your own driveway).

For floor plan, the biggest offenders I’ve seen are configurations that limit the usability of the space.

Narrow bathrooms and kitchens that feel almost claustrophobic. In one case I saw a bathroom that was barely wider than the toilet! I’ve seen kitchens that two people cooking would barely be able to maneuver around. I’ve seen bedrooms that are basically closet sized, which is strictly worse than just having one less bedroom. I’ve seen large lot sizes, but half the lot is on a slope and not able to be used as a backyard.