$2,500 for a 3 bedroom apartment…. In Newark, NJ. Deal or :mjpls:

[Ethnic Vagina Finder]

"Peaceful Street" Ain't no peaceful streets in Irvington

5 years ago that same apartment was probably $950 - $1100 tops.

 

[DrBanneker]

Black people should've bought these properties themselves instead of renting for decades

Some did...but 2008 wiped out a bunch of people. Also Black owned properties free of mortgage are often sold for cash when the owners want to retire somewhere cheaper or inherited by the kids. I have seen it many times.

 

[Rasille]

That’s not bad for a 3 bedroom apartment but the area is cause for concern though.

 

[West Coast Avenger]

2500 for a 3 is cheap these days.

You're right....compared to the West Coast that is a steal....

 

[Spade]

Facts, you can barely find a 1/1 for about 2200 in south florida, 2500 for a 3 bedroom is a bargain and I would take it.

The same in DC. You can find some 3 bd for 3k in DC but most (emphasis on most) are well over 5k.

 

[Womb Raider]

Breh I pay $2,400 for a one bedroom.

$2500 for a 3 bedroom is a deal

Facts, you can barely find a 1/1 for about 2200 in south florida, 2500 for a 3 bedroom is a bargain and I would take it.

That's right. I'm paying $2400 for a studio in Oakland. That shyt is a steal considering how much I love NYC

 

[Ethnic Vagina Finder]

it's like people wearing that shyt like a badge of honor.

Even if you making six figures, being overcharged for rent is literally stealing wealth away from you.

 

[Womb Raider]

it's like people wearing that shyt like a badge of honor.

Even if you making six figures, being overcharged for rent is literally stealing wealth away from you.

$2400 for a damn studio would make my soul burn

 

[Skooby]

it's like people wearing that shyt like a badge of honor.

Even if you making six figures, being overcharged for rent is literally stealing wealth away from you.

$2400 for a damn studio would make my soul burn

Cost of living.

If you paying $1600 in Northern Virginia then Mickey mouse and his family is in that building.

 

[Ethnic Vagina Finder]

$2400 for a damn studio would make my soul burn

I was raised on the 1 week rule.

You should strive to only have to put 1 weeks pay towards rent.

So in order to comfortably fit under that model, you would have to make $185,000 a year if you’re filing single with no dependents to afford $2,400 a month.

 

[Skooby]

I was raised on the 1 week rule.

You should strive to only have to put 1 weeks pay towards rent.

So in order to comfortably fit under that model, you would have to make $185,000 a year if you’re filing single with no dependents to afford $2,400 a month.

Breh that's not possible in some places if you want to live anywhere near decent. And yes, "decent" is subjective. $1,200 a month might get you a room somewhere in Northern VA. I don't even think there's studio ls for $1,200.

 

[Ethnic Vagina Finder]

Breh that's not possible in some places if you want to live anywhere near decent. And yes, "decent" is subjective. $1,200 a month might get you a room somewhere in Northern VA. I don't even think there's studio ls for $1,200.

All I’m saying is real estate and rental properties are out of wack. It’s unrealistically high but people have simply accepted it because they have no choice.

Case in point. If you making $80,000. Single, no dependents. Your take home should be around $1130.00 a week give or take. So if you can’t do the one week rule, then the next best thing is the 1/3 rule. Regular models go by your gross income which is dumb. If you go by net income, your rent shouldn’t be no more than $1,500 a month.

This is why the economy is so fukked up. Because you have people who are making $80,000 a year but can’t save because they if you making 80k a year, you want to live in a nice place. But it costs too much. People paying half or more of their take on rent.

 

[Wild self]

it's like people wearing that shyt like a badge of honor.

Even if you making six figures, being overcharged for rent is literally stealing wealth away from you.

body the landlords

 

[Jatigi]

Whatever y’all do don’t come to the South. fukk off, we’re full.

 

[AAKing23]

All I’m saying is real estate and rental properties are out of wack. It’s unrealistically high but people have simply accepted it because they have no choice.

Case in point. If you making $80,000. Single, no dependents. Your take home should be around $1130.00 a week give or take. So if you can’t do the one week rule, then the next best thing is the 1/3 rule. Regular models go by your gross income which is dumb. If you go by net income, your rent shouldn’t be no more than $1,500 a month.

This is why the economy is so fukked up. Because you have people who are making $80,000 a year but can’t save because they if you making 80k a year, you want to live in a nice place. But it costs too much. People paying half or more of their take on rent.

This is facts, shyt is so out of whack even a modest correction wouldn’t be enough


We unfortunately need a total collapse at the rate things are going. shyt I would take 2019 prices back in a heartbeat