With the date for my exit from my apartment rapidly approaching I'm feeling increasing pressure to find another place to live. I've spent most of the last week looking at apartments, without finding anything that makes me happy. My requirements are, first, size. I want two bedrooms. Second, location: I want some place interesting to walk to or about. Of course, affordability is very important, but there seem to be lots of places I could afford, or almost afford. Third is resale potential. This might not be the last place I will live.
I found a great condo I can almost afford in a building I don't want to live in. Location is OK, but not the greatest. I will have to get a mortgage, which I'm not sure I want to do.
A co-op building near Pitt and CMU has a number of empty apartments, several of which I like. The location would be great and the apartments are cheap reasonably priced. I kept wondering why they were so hard to move and finally got an answer. Co-op rules require you to pay cash for the asking price, have an additional $100,000 in the bank and have an income four times the monthly maintenance, about $4000/month. I can't meet the income requirement, and I suspect few people who might want one of those apartments have that kind of income.
I think a case could be made about discrimination against elders, however I think the rule was made to keep parents from buying their student children an apartment, another kind of discrimination.
I owned a co-op apartment in New Jersey and swore I would never do it again. This brings it all back to me. Too bad; one of those apartments would be ideal.
So I'm still looking. I won't be homeless: worst case, I put my stuff in storage and move in with Robin and Steve until I find something.