Wednesday, January 03, 2018

TKC EXCLUSIVE!!! SURVEY SEYZ: HIPSTER KANSAS CITY REAL ESTATE CONFRONTS 2018 'PEAK MILLENNIAL' CRASH!!!



Sordid real estate speculators work tirelessly to convince Kansas City residents that urban core growth is powered by an endless supply of millennials with money to burn and no real knowledge of value beyond trends manufactured by fake news.

Here's the quintessential example of big media working to create a local demand powered by the fantasies of the local political elite:

New York Times: Millennials Going to Kansas City, to Live and Work



Sadly,  oo many ensuing headlines, development pipe-dreams and questionable cash subsidy followed that report  . . .

And now, in the Winter of our discontent after KCMO copes with the highest murder count this town has seen in a generation . . . Reality is starting to emerge beyond speculator hype.

To wit . . .

THANKS TO OUR KICK-ASS BLOG COMMUNITY WE'RE SHARING NEWS-MAKER SURVEY DATA EXPOSING THE KANSAS CITY MILLENNIAL REAL ESTATE MYTH!!!

Over the past few weeks, we've noticed that local media has been offering some coverage on this data in piecemeal fashion without giving readers the full scope of the report.

Accordingly . . .

INTERCEPTED BY BAD-ASS TKC TIPSTERS: CHECK THE KANSAS CITY HIGHLINE MILLENNIAL SURVEY!!!

Lots of good stuff in that link but here are some of the highlights worth a mention without the newsie "context" that attempt to spin data in hopes of propagating the "greater fool theory" and bring some poor sap downtown armed with nothing but a high-interest loans and dreams of the urban good life.

To be fair, this report still suggests some opportunity but based on offering Downtown denizens real value beyond coffeehouse or promo blog hype. 

Check it . . .



- 5 years from now, the majority of KC Millennials want to live somewhere other than downtown.

- 63% make more than $51,000.

- 90% own a car.

- 74% want to buy, not rent their next place.

- Millennial Top Renting Concerns: Covered parking. Washers and dryers in units. High speed internet.

Accordingly, perspective on this topic from KICK-ASS TKC TIPSTERS FIRST before any other comment . . .

"To me, this survey reveals that we might have already reached PEAK MILLENNIAL in downtown KCMO. Given the unrelenting pace to build more rental units inside the loop and in Midtown: Are we headed for a big crash?"

You decide . . .

52 Comments:

Anonymous said...

There are still some great places downtown and in Midtown. But yeah, a lot of what they're building is just straight up junk.

Good info, nice to see where the news gets their news from.

Real KC said...

it's a renters game. What this survey doesn't show us is how many people are getting priced out of midtown because of rising rents and poor service. That is the real story that a lot of us are dealing with now. That is why we need housing reform in KCmo.

Anonymous said...

Took this survey, told them that KC needs more hot and sexy baristas.

Anonymous said...

^^^ Good man.

Anonymous said...

Rich people will dump money into condos and never live there.

Anonymous said...

sirens just went off. That means it's time for all of the Crossroads hipsters to protest whatever they're reading the Twitters.

Anonymous said...

The whole of the American luxury housing market is just based off Chinese investment. They're going to bring us down by giving enough rope for us to hang ourselves.

Anonymous said...

What if they build this and nobody came. Maybe they could turn those new vacant apt. buildings into a hotel. If the new tax plan plays out like Reagan's, Bush's and Brownback's tax plans in about 3-4 years that's what they'll be. Of course the world could be nuked by then and nothing will matter.

Anonymous said...

Girl in the photo needs to go to the gym.

Anonymous said...

Oh no, oh no oh no oh no. Kick-ass TKC insiders dishing this dirt. My God! BIG deal. TKC insiders=made up shit by Tony to churn the troll bait.

Anonymous said...

^^^^^^

You mean kinda like you? You must me related to Byron????

MOVE ON

Anonymous said...

More millennials...less geezers!

Anonymous said...

Hey 11:35AM-This is a free-speech zone. Don't like it? You MOVE ON! You must be retarded. Are you? But if you are, would you really even know you were??????

Anonymous said...

But the streetcar extension to the Plaza will bring 25 million more renters.

Anonymous said...

But the Depends shipments will bring more diapers for the pants-shitters, so we are good!

Anonymous said...

11:02 - "That is why we need housing reform in KCmo." Specifically what kinds of reform do you suggest that will cure "rising rents and poor service?"

Anonymous said...

All these hip, millennial roosts are built over OLD, very old infrastructure. Broken sewer and water lines, busted up streets, power lines cobbled together with spit and chewing gum. Oh, and how about those ancient elevators in the high rises? Developers gloss over these problems by diverting the attention to the new and shiny granite countertops in the pretty pictures. This will get old really fast.

Speaking of getting old....the poster at 11:45 a.m. is going off on "geezers" again. Unless you've got a time machine, you will also be a geezer someday.

Anonymous said...

It is the fervent wish of all of us "Geezers" that the poster at 11:45 never becomes a "Geezer" himself/herself - in fact, the best possible outcome would be if he or she did not become even one day older than they are now.

Anonymous said...

Hint to Millennials - look to the North.

Anonymous said...

Hint to ANYBODY with any common sense and any interest in a successful investment in residential real estate and a safe quality place to live.
Look to the somewhat southwest.
West of the state live, for sure.

Anonymous said...

We've reached PEAK AMERICA. Even hipsters can't save us, as much as they like to think they can.

Anonymous said...

Woodside Village was a massive success and a real shangri-la for local upscale millennials making the scene.

I hear tell that they've even got the black mold under control and will be to move back in by springtime.

Anonymous said...

able to move

Anonymous said...

Millennials need to check out KC Land Bank and see if the $1.00 homes are still being offered.

Bowtied Silverback said...

ohhhh great,here comes another AIDS outbreak!!!

Anonymous said...

probably not,some scorned gay lover of his will slit his throat in a meth fueled binge.

Anonymous said...

I would take a shot of that red bush.

Anonymous said...

Nobody wants to be a geezer. They suck as human beings. They are awful, stupid, racist people. Not everybody becomes a geezer. Good people are good people no matter what age. Everybody on here is a geezer. That's the difference.

Anonymous said...

"Everybody on here is a geezer."

Ummmmm. YOU'RE on here, so you must be one of those who "suck as human beings [and] are awful, stupid, racist people."

Anonymous said...

^^^Jesus Christ dummy, that whole "YOU'RE on here too!" routine is getting as stale as your diaper geezer.

Anonymous said...

When you get to "geezer age" this geezer will still be around to shove a triple syringe of Morphine into your sorry ass. And laugh while doing it.
I might even shit my Depends laughing while you are fading away.

Retro ROCKER said...

It's marketing they have millions invested in downtown. And they need to con. You into moving downtown. Many people that I have spoken to that visit the crossroads. Live in the suburbs or small towns and they work downtown. And have a bite to eat before they drive home. And many visit from small town. A affluent GENTLEMAN once said why live downtown when you can drive there.

Anonymous said...

How many people have you killed so far, @3:53 pm?

Anonymous said...

Most millennials live on mom and dads credit cards. They can't afford toilet paper.

Millennials are like hoodrats. Worthless trash.

Anonymous said...

Most people just want loose shoes, a tight pussy and a warm place to shit.

Anonymous said...

Can't argue that^^^

Anonymous said...

^^^^ LOL ^^^^ He is not smart enough to pay rent. So he can't move.

Anonymous said...

Top millennial renting concern is not covered parking, washers or high speed internet. Their top concern is close proximity to a huge supply of cock to suck.

Anonymous said...

+yuan

Anonymous said...

Fun stuff. I vote for more cowbell and hot baristas.

Inc said...

Too many new apartments increases the cost of all of them. It's a damn shame that we don't have any leadership in KC when it comes to housing.

Anonymous said...

Too many geezers fuck up the country. They stink of shit, can’t follow directions, and are some of the dumbest people you’ve ever met.

Anonymous said...

Angry, angry on this thread.

Good shiz.

Me likes.

Anonymous said...

Hipsters and millennials are worthless

Greedo said...

Hey, I heard Country Club Jay was crying about this post because nobody reads his blog.

Sorry bitch.

Anonymous said...

Greedo. You are a bad man. Don't be a jerk.

We all have something to contribute!

Blogs are awesome. They're the best place to get news!

Anonymous said...

This is important information if only because I've seen too much hype surrounding the Downtown real estate market. Hoping that in 2018 we can ratchet it down just a bit and make for a more solid base for new KC residents.

Midtown KC Chester said...

This is good news. Makes my nipples HARD!

Anonymous said...

^^^ Take your meds.

Liked the info.

Irrational exuberance in Kansas City condo market.

OF COURSE!

I love the KC metro area said...

Buy a house in a good neighborhood and try your best to be a good person.

And don't be a bitch.

Whether it's downtown or the burbs. Everybody can improve their community by simply trying to do their best and help where they can.

It's not so hard. Try it!

Anonymous said...

63% make more than 51K, I call BS.
Unless that 63% work for mom and dads company.

PattiC said...

You know, I turn to Tony's KC instead of any other news source anymore to get the clearest picture of what's going on. Thank you.