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Thread: Crazy Year-over-Year Housing increases

  1. #1

    Default Crazy Year-over-Year Housing increases

    So I got the quote today from lady that manages the same place we've stayed at the last 2 years. They want literally double what we paid only 2 years ago (2010) and 50% more than what we paid last year (2011).

    Out of curiosity, has anyone else experienced this? This will be my 6th Coachella and it seems every new year the housing rental market just skyrockets from the past year.

    What's going on here, any theories? Is it attributable to the increased ticket sales or have local homeowners wised-up to what the true demand is?

    Also, has anyone else noticed the associated fees and deposits have skyrocketed as well? The place we normally stay wants a $1000 deposit upon booking to secure the room. Two years ago we paid $250. Cleaning fees have also tripled from 3 years ago. I wonder if Coachella goers are getting a reputation around town for being flaky and dirty....

  2. #2
    MENACING Courtney's Avatar
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    Default Re: Crazy Year-over-Year Housing increases

    Yes, I have noticed this. I would assume that it's just the market finding its new equilibrium. Home owners are going to charge as much as they can, and clearly there are people out there who are willing to pay it.

  3. #3
    old school Stickjohn's Avatar
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    Default Re: Crazy Year-over-Year Housing increases

    They get another weekend this year too.

  4. #4
    Member baily's Avatar
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    Default Re: Crazy Year-over-Year Housing increases

    supply and demand
    Just when I think you couldn't possibly be any dumber, you go and do something like this…and totally redeem yourself!
    Quote Originally Posted by gaypalmsprings View Post
    she should get an abortion then go to chella
    Quote Originally Posted by Bougie24 View Post
    You people are disgusting for posting this shit on my thread.
    Quote Originally Posted by Neighborhood Creep View Post
    Look up your moms skirt when she is dancing

  5. #5
    Coachella Junkie WhyTheLongFace's Avatar
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    Default Re: Crazy Year-over-Year Housing increases

    Well in 2010 they didn't expect it to sell out.
    In 2011 they didn't expect it to sell out so fast and have car camping sell out in 5 minutes leaving so many people abandoned.
    Now they think the same thing plus an extra weekend $$$ people need a place to stay man. No one wants that 2 hour drive everyday
    Quote Originally Posted by Drinkey McDrinkerstein View Post
    It almost makes you think you might actually want to know what you are talking about before you tell people things.

  6. #6
    Coachella Junkie Drinkey McDrinkerstein's Avatar
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    Default Re: Crazy Year-over-Year Housing increases

    Quote Originally Posted by SunDevil View Post
    Is it attributable to the increased ticket sales or have local homeowners wised-up to what the true demand is?
    This sounds like the same thing.

    It's just people realizing that they could pretty much charge whatever they want. If it gets closer to the fest and they can't get their advertised price, they'll lower it. If they all rent for what they want, they'll try raising it again next year.
    last.fm
    10/22/14 - TV On The Radio @ Regent // 11/9/14 - Bad Religion @ Mayan // 11/14/14 - Death From Above 1979 @ Regent // 11/16/14 - Lucero @ Echo

  7. #7
    Pedley Rocks JustSteve's Avatar
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    Default Re: Crazy Year-over-Year Housing increases

    crazy to think you could possibly pay 6 months mortgage on your house by renting it out for 2 -3 weeks/weekends for the fests.

  8. #8
    old school Goatchella's Avatar
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    Default Re: Crazy Year-over-Year Housing increases

    thats why five years ago you rent or stay in hotels...now adays ya gotta wook it.

    pros of camping -non stop party

    cons of camping -horse doo doo powder in your lines
    You wanna fook on me?!

  9. #9
    Member flowbee's Avatar
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    Default Re: Crazy Year-over-Year Housing increases

    I've charged a flat $150/room for the entire weekend since 08', keeping it the same this year. I do it for the positive vibes, cover some basic expenses, not much for profit obviously

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