Oklahoma contractor raises red flags with Nebraska homeowner



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OMAHA, Neb. (WOWT) – An Oklahoma contractor has been making cold calls in rural Nebraska. He’s offering farmers and acreage owners a great deal to improve their driveways.

A friendly stranger pulls onto Mike Pratt’s property and promises that when chips are down, he’ll have a smoother driveway.

Sylvester Cooper, driveway contractor said, “Its tar and chip. We spread a high asphalt down and put the gravel over the top of it.”

Tar and Chip Asphalt Company rolls out a bargain for Mike.

Sylvester Cooper said, “I’ve got enough to cover 100 square yards. Bottom line? A thousand dollars for 100 square yards.”

All contractors doing business in Nebraska are required to register with the state labor department, but Tar and Chip Asphalt are not on the list.

Jim Hegarty with the Better Business Bureau said, “And we clearly know this particular contractor was

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The report, based on interviews with hundreds of property owners, developers, investors, advisers and others, is always an important read. This year, it’s a critical read.

Now, the Oklahoma City stuff.

The report places the Oklahoma City market with Indianapolis; Birmingham, Alabama; Kansas City, Missouri; and Louisville, Kentucky, in the subgroup “determined competitors” of the major group “backbone markets.”

The report explains: “Determined competitors are diverse markets that are having success in reinvigorating their downtowns and neighborhoods. These markets tend

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Along with housing prices, rental prices have risen dramatically in the last decade. 

According to data from the Department of Housing and Urban Development (HUD), the average rental price for an apartment is about $1,400 per month in 2020, an increase of 32 percent in nominal dollars from 2010.

Some cities have experienced much larger increases in rent, but income has not kept pace. 

Economic data from the Bureau of Labor Statistics, which compares the relative change in prices paid by consumers for goods, services, and housing, shows that rent and housing prices are increasing at a faster rate than other items. 

Home sale prices have more than rebounded from the crash in 2008, while rent prices have risen steadily, showing only a slight dip during the last recession. When compared to other goods and services—including food, clothing, and transportation—both rented and owned housing are becoming relatively more expensive.

While

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