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60 Minutes Talks About Housing Situation In Tampa

Housing costs in Florida, whether you rent or buy, are up all over… but especially here in Tampa Bay. Why is the situation so bad here? 60 Minutes tackled the…

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Geno / Q105

Housing costs in Florida, whether you rent or buy, are up all over... but especially here in Tampa Bay. Why is the situation so bad here? 60 Minutes tackled the issue last night. Missed it?


The biggest factor? Wall Street. Investors have a big advantage over traditional home buyers. They rarely even look at the home when it gets listed and will make an all cash offer within an hour for full price. Sellers love it because they can close in 15 days. No staging, repairs or painting is necessary. Those big companies buy the properties and then rent them out. Revenue is up 67% for one company they interviewed. In a given week, they buy 200 to 300 homes but get about 10,000 inquiries.

The most popular spots are in the sun belt... Atlanta, Charlotte, Phoenix and, you guessed it, Tampa. They say it's where Americans want to be. No surprises here - they're coming from the northeast and midwest because taxes are lower, there's a friendlier business environment, and of course, better weather.

But corporate landlords only account for about 2% of the ownership of single family homes in the U.S. So that can't be the only factor. It's not. Another big thing driving costs up for renters and buyers is that America was not building enough housing this past decade because of what happened during the housing crisis of 2008 and 2009. There was a reluctance to do home construction because of the plummet in home values 10-15 years ago.

Do you live in a neighborhood where you are friends with your neighbors and have a sense of community? Or does the thought of interacting with your neighbor grind your gears? HomeAdvisor surveyed 2,200 Americans in the 25 biggest cities in America to find out which cities have the most and least annoying neighbors as well as most annoying neighbor habits. Here, we're going negative by talking about the most annoying neighbors.

Today, about half of the people surveyed talk to their neighbors once a week or less (52%), and more than three in five have gone out of their way to avoid them. 64% of Americans know most or all of their neighbors, and 58% consider them to be friends. One in three say their neighbors annoy them once a week or more, most often because of general noise, loud parties and parking issues.

Find out below which cities in America have the worst neighbors below, and what the number one gripe about those neighbors is! Maybe your city is on the list.

Most Annoying Neighbors: San Diego, California

GettyImages-56353916.jpgSandy Huffaker/Getty Images

#5. Parking

21 Biggest Cities In America With The Most And Least Annoying Neighbors


Most Annoying Neighbors: San Antonio, Texas

GettyImages-1067744750.jpgDonald Miralle/Getty Images

#4. (TIE) Loud Parties

21 Biggest Cities In America With The Most And Least Annoying Neighbors


Most Annoying Neighbors: Austin, Texas

GettyImages-1226093815.jpgTom Pennington/Getty Images

#4. (TIE) General Noise

21 Biggest Cities In America With The Most And Least Annoying Neighbors


Most Annoying Neighbors: Jacksonville, Florida

shutterstock_242992585-scaled-1.jpgShutterstock

#4. (TIE) Parking

21 Biggest Cities In America With The Most And Least Annoying Neighbors


Philadelphia, Pennsylvania

GettyImages-1185112750.jpgBruce Bennett/Getty Images

#3. (TIE) Parking

21 Biggest Cities In America With The Most And Least Annoying Neighbors


Most Annoying Neighbors: Indianapolis, Indiana

shutterstock_478361179-scaled-1.jpgShutterstock

#3. (TIE) Parking

21 Biggest Cities In America With The Most And Least Annoying Neighbors


Most Annoying Neighbors: San Jose, California

GettyImages-668496.jpgDavid McNew/Newsmakers

#2. (TIE) Parking

21 Biggest Cities In America With The Most And Least Annoying Neighbors


Most Annoying Neighbors: El Paso, Texas

GettyImages-1161832529.jpgSandy Huffaker/Getty Images

#2. (TIE) Loud conversation

21 Biggest Cities In America With The Most And Least Annoying Neighbors


Most Annoying Neighbors: San Francisco, California

GettyImages-470165439-scaled.jpgJustin Sullivan/Getty Images

#2. (TIE) General noise.

21 Biggest Cities In America With The Most And Least Annoying Neighbors


Most Annoying Neighbors: Forth Worth, Texas

shutterstock_1422878831-scaled-1.jpgShutterstock

#1. General Noise

21 Biggest Cities In America With The Most And Least Annoying Neighbors

GenoEditor
Hear Geno on the air weekday afternoons. Geno's passions include fat guy food, concerts, sports, travel to Europe and South America. He loves 80s and 90s music, from MTV hairbands to old school freestyle, alternative rock to TRL era jams. Geno's radio career began in his hometown of Portland, Maine. Since then he's been on the air coast to coast from Boston to Las Vegas, Tampa to California.