How much longer can these rent prices continue?

[SnugglesDaBear]

Phoenix.

Seriously though, the poor/middle class in this country are getting sucked dry. Where is the breaking point?

 

[King Poetic]

It’s only getting worse over the next year or two

everything going up except the salaries

jobs: hi we hiring for $10.25 a hour

applicants: we need more than that because of cost of living

jobs: best we can do is $11.00

Applicants:

 

[Thavoiceofthevoiceless]

All of the makings of a recession are in place, but just a matter when not if it will happen.

 

[Da King]

Capitalism

 

[Vandelay]

Lol...they can keep Phoenix. One city i have no desire to even visit.

 

[xXOGLEGENDXx]

I honestly think it will change soon. People are barely making it. People also have seemed to forget that student loans are about to come back like a biitch. We are about to start seeing a lot of evictions and foreclosures. I hope that will cause things to drastically drop or just level out.

Jesus fukking Christ man. My bro just renewed his lease in Dallas and his shiit went up $450

 

[SnugglesDaBear]

I honestly think it will change soon. People are barely making it. People also have seemed to forget that student loans are about to come back like a biitch. We are about to start seeing a lot of evictions and foreclosures. I hope that will cause things to drastically drop or just level out.

Jesus fukking Christ man. My bro just renewed his lease in Dallas and his shiit went up $450

They have been calling me every day about these student loans despite the moratorium being in place. Nelnet is the worst.

IDK man it seems like something has to give. Otherwise all of this high crime is going to keep going up. Suicides are going to keep going up. Addictions are going to keep going up. More young people will live at home and torpedo their love lives = less marriage. This is getting ridiculous.

 

[xXOGLEGENDXx]

They have been calling me every day about these student loans despite the moratorium being in place. Nelnet is the worst.

IDK man it seems like something has to give. Otherwise all of this high crime is going to keep going up. Suicides are going to keep going up. Addictions are going to keep going up.

Yeah crime is another thing people are forgetting that will rise. Homelessness will rise. Car repossessions will spike. It's shaping up to be a nasty 2022 and 2023. Smh

 

[Darealtwo1]

Once a certain demographic can afford it they need to bump it up to price them out

 

[Strapped]

It will continue to go up because greed is a biaatch

 

[kevm3]

There's going to be a crash soon. Salaries aren't keeping pace with the pace at which rents are rising and a lot of those apartment complexes are going to be unoccupied soon. Not only is rent increasing, the price of everything is increasing, thereby eating into the limited savings people already have. Even if you 'own' your house, the rise in property taxes is going to severely hurt a lot of people. Once the price of gas goes through the roof due to that Russia, Ukraine war, say hello to hyperinflation when the price of everything shoots through the roof simultaneously...

 

[kevm3]

Might be a great time to get an RV

 

[UberEatsDriver]

The 88% rise must be from all the transplants.

I’m actually more surprised that LA has a 42% rise

 

[desjardins]

It's two Americas brehs
How do y'all think rents and home costs are rising to begin with? Them units ain't sitting vacant
One of the main drivers of the "great resignation" was people leaving for new jobs and MORE MONEY
Half the country out here thriving and making the most money they ever have.....the other half stagnant and struggling

 

[BaggerofTea]

Until mass organized violence breaks out.