Real Music & Real Estate . . .

Yiddishe Cup’s bandleader, Bert Stratton, is Klezmer Guy.
 

He knows about the band biz and – check this out – the real estate biz, too.
 

You may not care about the real estate biz. Hey, you may not care about the band biz. (See you.)
 

This is a blog with a gamy twist. It features tenants with snakes and skunks, and musicians with smoked fish in their pockets.
 

Stratton has written op-eds for the Wall Street Journal, New York Times and Washington Post.


 
 

THE COST OF LIVING

 
This essay was in the Cleveland Plain Dealer last week.

The Cost of Living

LAKEWOOD, Ohio — Some older folks like to regale young people with stories about how matinee movies cost 25 cents, circa 1960. These old folks rarely mention 25 cents in 1960 equals $2.66 in today’s money. And Coca-Cola was a dime. Give me a break; I always try to reference the Consumer Price Index (CPI) whenever I do historical flashbacks.

The CPI is a big part of my life and job. I’m a landlord. I don’t go ballistic with annual rent raises, but enough to stay in the game. An efficiency apartment in Lakewood goes for about $700/month. That’s a bare-bones, 1920s-era apartment — no dishwasher, no air conditioning, no elevator. Academics call these apartments “workforce housing.” Tenants get a kitchen, bathroom, and a living room that doubles as a bedroom. About 350 square feet. You don’t throw big parties. If you lay out your efficiency tastefully, you can call it a studio. I’ve seen studios that look like sleek Pullman cars, with everything in just the right place. I’ve seen expensive folding bikes hanging on racks along walls. An efficiency can be a work of art, or just a huge mound of dirty clothes in the center of the room. Depends on the tenant.

Bill rented an efficiency in Lakewood. His apartment was clean, small and cheap, period. Nothing fancy. Bill told me his rent check had been stolen. He had never been late with his rent before. I went to the Lakewood police station with him. A police officer asked his name. Bill said, “Bill.”

“William?” the policeman said.

“Bill . . . Bill R. Hunter.” Bill had moved to Cleveland from Kentucky decades ago and was a retired factory worker. He smoked a lot, and his right hand had no fingers. We repainted Bill’s apartment walls nearly every year because the government wanted the walls to not look like the color of Bill’s lungs. Bill’s rent was partially subsidized by the government.

Eventually Bill was reimbursed for the stolen rent payment by a money-order company. A crook had knocked Bill down on Detroit Avenue and cashed the money order. The cops nabbed the robber several weeks later. Lakewood police are good.

Detroit Avenue, Lakewood, Ohio

But then Bill missed two rent payments in a row. I found out he was in a nursing home. I wondered, “How creepy would it be for me to try to collect the rent at a nursing home?” Bill’s distant relatives didn’t answer my calls, and the government stopped paying its portion of the rent. I went to the nursing home, which was right across from Bill’s apartment. Bill — with oxygen tubes in his nose — muttered to me, “You’ll get paid.” Flat on his back, he balanced a wallet on his chest. He counted out the rent. “Here you go, buddy.” He called a lot of people buddy.

Then Bill’s wallet vanished, and so did Bill. He wasn’t at the nursing home, and he wasn’t in the hospital. And he wasn’t in the obits. And he owed rent. The housing agency eventually gave me a “case closed” green light to enter Bill’s apartment. We pitched Bill’s belongings into the dumpster, except for his TV, which another tenant took.

Bill’s wooden floors hadn’t been re-sanded in19 years. That’s how long he had lived in the efficiency. The cost of re-sanding floors was up 94%. Inflation was up 53%. Bill’s rent was up 64% in those 19 years.

I called the Ohio Bureau of Vital Statistics. A clerk said she had many dead Bill Hunters on file. I said “Bill R. Hunter. Lakewood.” She said he had died shortly after leaving the nursing home.

I doubt Bill ever checked the cost of living. He didn’t need to. He lived it. He used to write “rant” in the subject line on his checks.

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1 comment

1 Ken Goldberg { 10.30.24 at 10:34 pm }

I saw this already in the PD; I played plenty for fresh new text with this blog, Bert. Was even a comma changed? Rip-off….

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