And dodge taxes on top of that
Inflation: A quick rent story
- Thread starter Morethan1
- Start date
Landlords making the most money they ever made, and still cry that they broke. fukk them.
So why do we even defend them??? Is that what The Coli aspires to be like?
So why do we even defend them??? Is that what The Coli aspires to be like?
My rent for a 3 bedroom apartment in Sunset Park Brooklyn was hovering 700-825 bucks from about 2008-2021 (Rent stabilized apartment my grandmother had, passed and I kept the lease). Anyway, I stacked my bread entire time, closed on a 687,000 property (with my wife) back in October.
While I must say it was wonderful paying such cheap rent there was definitely big drawbacks. Main one being landlord was NOT trying to renovate shyt or repair anything that wasn't an absolute necessity and even then he moved at snail's pace. I took it as the cost of doing business.
If anyone is fortunate enough to pay make-believe rent like I was, I strongly advise fiscal discipline and putting off the instant gratification.
Yes, I didn't get to go on nearly as many trips as my homies, nor did I get to upgrade my whip as I would have liked BUT I'm sooo glad I didn't. A lot of my homies spent so much money living a "fun" lifestyle but they my age, still renting. Not judging, just saying I'm glad I didn't go that route.
While I must say it was wonderful paying such cheap rent there was definitely big drawbacks. Main one being landlord was NOT trying to renovate shyt or repair anything that wasn't an absolute necessity and even then he moved at snail's pace. I took it as the cost of doing business.
If anyone is fortunate enough to pay make-believe rent like I was, I strongly advise fiscal discipline and putting off the instant gratification.
Yes, I didn't get to go on nearly as many trips as my homies, nor did I get to upgrade my whip as I would have liked BUT I'm sooo glad I didn't. A lot of my homies spent so much money living a "fun" lifestyle but they my age, still renting. Not judging, just saying I'm glad I didn't go that route.
Ethnic Vagina Finder
The Great Paper Chaser
It’s a blame game. But it only takes one building/house/unit to set the market price.
Let’s say there are 20 buildings/houses all within a certain radius. The average rent is $900. You buy a building, upgrade everything and start charging $1500. You rent out units in no time. The landlord across the street sees this and raises his rent to $1100. Then it spreads. The last few landlords who’ve been renting at $900 and have faithful tenants, sees what’s happening and figure, they’re losing money. So they start increasing, or they find a way to get the tenants out so they can renovate their property, and raise the rent to $1600. Lastly, you have corporations or REIT’s, they will offer above market prices to buy units/buildings, renovate and increase rent to $1900.
If he stay in Chicago paying $550 a month, in a good neighborhood, he definitely on section 8. No debating.
525 
Goat poster
KANG LIFE
EXACTLY!!!!Where you live at with those prices
Goat poster
KANG LIFE
I think OP is posting from 1992 
Rich Spirit
#LeveledUp
My rent went from $927/mo to $1140/mo 
J.E.T.S
Lookahere mayne...
Wink Beaufield
Superstar
$525? Damn.
Even down in Orangeburg you coughing up 750 and up to rent out a spot.
Even down in Orangeburg you coughing up 750 and up to rent out a spot.
beenz
Rap Guerilla
where do you live where an apartment of any kind can be had for $525 or $725?
Software
RIP Future Gohan
Some of yall are impressed by cheap ass rent but if ain't 1. Relatively safe 2. Free of pests (roaches, rats, Bedbugs etc.) 3. Not in a shyt location 4. got a washing machine and dryer
I'd rather pay closer to market rate
I'd rather pay closer to market rate
beenz
Rap Guerilla
i pay 900 in LIC Queens
how? is your apartment rat infested?
calixprynce
...
Sheeesh. Why you talking to me like that?
You a nikka that watch anime, you don’t have the permissions to address me . Nerd ass nikka , use the proper channel. There’s a pecking order here and harmless nikkas like you at the bottom
