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Sunday, June 18, 2017

The (lack of) affordable housing issue catering to SU students and not permanent residents

$1269 / 2br - 1181ft2 - Brand New Buildings Coming Soon!!!

We are now pre-leasing for our new buildings!

Mid-July we are offering NEVER LIVED IN 2 bedrooms starting at $1,269 at Ocean Aisle Luxury Apartments!!

Live Larger with Ocean Aisle! Availability is limited, so hurry on in.

Enjoy dual master suites, spacious interiors with limitless living spaces, high ceilings, expansive walk-in closets, open kitchens covered in granite and private patios.

(Corner of Beaglin Park Dr. & Old Ocean City Rd. in Salisbury)

19 comments:

Anonymous said...

WOW!! Absolutely ridiculous what Funnier is doing to Salisbury.

Anonymous said...

WOW!! Absolutely ridiculous what Rinnier is doing to Salisbury.

Anonymous said...

This is crazy! I currently rent a 3br/1.5 bath, nearly 1800 sq. ft. on nearly 2 acres, for less than this tiny apartment in a less than ideal area.

Anonymous said...

Where do people work around here that can afford these?Or is it all subsidized?

Anonymous said...

Students are where the money is.

SU juniors and seniors can live off-campus, according to SU rules, so there are about 4000 potential renters. If each student renter pays between $500 and $700 per month, the 9 month take will be between $18,000,000 and $25,000,000 citywide.

Anonymous said...

How does a full time college kid afford 700 a month, utilities, food and deposit?

Anonymous said...

11:07 AM Small mathematical problem. When it takes you thousands to clean it up after each cycle your profits are dwindling vs a family that stays for 5+ years. So economically you would be more profitable to lower the rent and seek a long term tenant.

I am not disputing your comment, because it is obvious that was what the author was eluding to.

Anonymous said...

then, throw in five more people in the apartment who can assist with the rent, you got yourself a winner for the student and the future for another slum lord apartment complex. Good five year investment before the owners sale out to a slum lord.

Anonymous said...

They have a mommy and daddy who foot their bills. It's the "new" generation.

Anonymous said...

$1269 divided by 6, that's $211.50 a month per student. And......that is exactly what will happen. I don't care if it is a 2 bedroom apartment.

Anonymous said...

have a college rental two doors down from me in fruitland,mr Rodney long rents it to the college kids for 1600$ a month,4 kids living there now$$$

Anonymous said...

Have a friend who lives in Marley manor apartments,were he pays close to 1150$ month for 2 bedroom,he just found out they are now taking section 8 vouchers from the African Americans and the place is going down hill fast,so to all living their now get out why you can

Anonymous said...

Hey everybody just remember they passed a law here, were homeowners can not turn down section 8 vouchers anymore it's going to be getting a lot darker around some of those nice neighbor hoods now

I Threw Up My Lemonade When I Saw This On Your Blog! said...

Like any Rinnier property its a huge rip off. Those apartments aren't worth that kind of money and once again, they are banking on college kids and section 8 to feather their nest. Don't rent from any Rinnier properties, they never take care of them and the pools aren't open regular hours during the summer because they're too damn cheap to hire lifeguards for each location. The ONE lifeguard rotates, so a pool could be open 10am-1pm in one place and then 2pm-5pm in another. Its just wrong. People paying all that cash for them to not even provide normal services to renters. It's just a huge scam.

Anonymous said...

Honestly, a lot of students prefer houses near the college than Rinnier's slum tenement buildings because they can walk to campus and stand alone homes allow for people to have gatherings without the neighbors upstairs or downstairs complaining.

Anonymous said...

Ocean Aisle is a stupid name and probably will become a section 8 dump.

Anonymous said...

123 you just said a mouthful. That's exactly what will happen with the illegal aliens. They've been doing that for a long time in these places. Rinnier doesn't care what moves in as long as he gets his rent money. They've got overt drug dealers at Oak Hill.

Anonymous said...

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Anonymous said...

There needs to be affordable housing for everyone not just college kids! Its a shame because ive been searching for 3 months now just for a 2 bdrm and renters want like $800 or more! Thats just crazy..Wicomico county stinks! (Putting it nicely)