BiggerPockets

Great link showing an animation of changes to unemployment rate by county over time. Looks like the Plains states are the only ones staying out of the "black rate" (>=10% unemployment).

I guess it all depends on where you are and who you rent to. I wouldn't think that student rentals whould change much.

Recent grads are also having a harder and harder time finding employement, many of whom are piecing together part time, seasonal, and temporary work. Those situations should lead to renting instead of buying.

That's an amazing visual for sure!! Thanks for that

Scary stuff...I saw that once before from a feed on LinkedIn. Hopefully things will turn back to the others colors with things improving now.

Great link, The increasing unemployment is really hitting the majority of the country now. I wonder what this animation would look like if the full unemployment was displayed.

Originally posted by Rich Weese

How do we get the link to come up. I try to copy it and get a choice of Clip or couple other choices. Rich

Try This:

http://cohort11.americanobserver.net/latoyaegwuekwe/multimediafinal.html

Cheers,
Mark

Originally posted by moneypenny

Isn't it ironic that some of the best deals in the foreclosure market are also in counties where unemployment is the highest.
That might make it difficult to collect rent from one's tenants if they have lost their income.

moneypenny

Makes it very hard. I have cut rent on every property to keep them tenanted. It's a temporary condition but that doesn't mean it's not real.

Curious is anyone else looked at this map and was thinking it looked like one of those maps Hollywood does for a zombie invasion or an epidemic?

Look at it again and compare to the movies. Apparently the same geographic areas where epidemics and zombie invasions start are where unemployment infects as well.