🐟 The floundering rental market | Down the Shore

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This week, we dive in to the Jersey Shore's complex rental market. Plus, why cash is king on the boardwalk.

The ocean view from a rental property in Brigantine, NJ on Tuesday, July 9, 2024. Some shore property owners have lowered their rates to try to fill the empty weeks.last summer. After a couple years of heady economics — with the pandemic sending people to the Shore in droves, buying up real estate, moving there year round, and forgoing fancier vacations —like they are in Barcelona, some of the same dynamics are at play.

Her final advice was to consider selling. Handle says she’s seeing an increase in people who bought high, at high interest rates, only to find that the dream of rental money coming in droves is more complicated. One Sea Isle regular is sick of Kelce mania. He told me: “All people want to do is talk about it. It comes up way too often. We’re at Mike’s Seafood, and the Kelces come in and sit down. Here we go. Everyone take out their phones.” Meanwhile,

and Extreme Windsurfing, the semi-secret spot in West Atlantic City along the Black Horse Pike where you can rent sI had to explain this one this week to guests. When ordering a sub , you do not order a whole. You order a half. Then you can eat aand that’s basically a whole sub. If you order a whole, you’re going to get two halfs wrapped separately.A drink at the newly reimagined Angeloni’s Club Madrid in Atlantic City mixes Averna and Cutty Sark and is called 26 N. Georgia Ave.

 

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