Rents reach 'insane' levels across US with no end in sight

[RareHunter]

If people don't put up a fight when they try this.......

It's already been proven astronauts lose 1-2% bone mass in outer space every month.

Satan is speaking from that man's mouth. He wants to kill everyody. Same stuff Bill Gates has been talking about population control. These people think they can have the earth as their playground.

It’s because they actually believe they can escape his wrath through science. They’ll never make it to another planet. I doubt they’ve actually left this atmosphere tbh.

 

[winb83]

My rent is $560 a month. I pay $30 extra for my dog. People who move into this place now start at $780. My apartment kept my rent low cause my dumb ass been living here 10 years. When I moved in my rent was like $420. My lease is up in Jan 2023. It's $700 + a month's rent to break it.

 

[Uitomy]

Just day you haven't visited cities across the country and call it a day

I have you a$$hole, America has horrible layout for its cities cause it’s almost exclusively built for car and suburb infrastructure

 

[Trojan 24]

The dynamic in San Diego is now essentially condos available in downtown/coastal areas, is new condos are 1m or 1.5 at the entry level, and even 100k and up professionals live mostly in rent only buildings that are extremely luxurious, like 5 star hotels. The people who buy in that range, and even below, often have their parents putting the down payment. Difficult to say what happens from here.

Obviously, the big money, (huge developing corporations) doesn't seen these dynamics changing, because I would estimate 3/5 of new builds are high end lease only, but it's not like "big money" hasn't been wrong, and can always course correct.

In the post 2008 recession, yo saw the reverse, condo developments weren't able to sell units, and therefore went to lease only. I wish my Dad bought a place to invest last year, in that market. It would have gone up like 50k or 100k already.

1 millon gets you not much, if you want a family home, you see the suburbs pushed out further and further. No interest in that personally, but that's a struggle I see many with.

Girl I used to see just got a new place in Little Italy, nice spot. $4200 for a 2-Bedroom

 

[Geek Nasty]

Mortgage gang don’t have these problems

Better pray you don't have to move for work. Those new house prices are worse.

 

[Godless Socialist CEO]

This shyt is getting ridiculous. They see people struggling and are scraping by with their teeth to afford the current rates, yet they just keep raising and raising. fukking scumbags…

Mao did nothing wrong

 

[DropTopDoc]

Just day you haven't visited cities across the country so you can stop using this comical hyperbole

Let's stick with Idaho since you brought it up

Boise, Idaho has a metro population of 750k, lots of job opportunities, and one the fastest growing cities in America

Like I said, y'all terrified to live outside of your comfort zone to live in a decent city with affordable housing and cost of living

Just looking on Apt dot com 12-1300 is the going price for Boise, who tf wants to pay that for boise ???
Like you can get a cheaper crib in Iowa or Oklahoma, but again who tf is trying to live in them cities within that state just to ekk out an existence

 

[re'up]

Girl I used to see just got a new place in Little Italy, nice spot. $4200 for a 2-Bedroom

right by me, that's where I am too. I was having coffee in that piazaa this morning. Could be any of them, but Vici, Broadstone, Cielo, Luma, are all in that range. Rent only.

 

[UberEatsDriver]

So you're saying a place out in the woods in Idaho has the same amount of job opportunities as New York City or Houston Texas?

He must be talking about a specific industry like oil. He’s a big cdl advocate so their opportunities can be anywhere isolated

 

[Trojan 24]

right by me, that's where I am too. I was having coffee in that piazaa this morning. Could be any of them, but Vici, Broadstone, Cielo, Luma, are all in that range. Rent only.

Hanover I believe, I got hopes of working there in the near future but I don't know about dropping over 3K for a one bedroom

 

[UberEatsDriver]

If you can’t afford expensive rent in a city you can always move to those boring cheap cities and be an entrepreneur and create something that’s lacking in that city. At the end of the day that city is growing because of affordability which means the earlier you start your business the more clients you’ll reach out to

for example my company has jobs in Vegas. If I moved to the Vegas I’d definitely make a chopped cheese restaurant out there.

 

[re'up]

Hanover I believe, I got hopes of working there in the near future but I don't know about dropping over 3K for a one bedroom

That's even newer and closer to me. A girl I knew lived in the sister building in Mission Valley. Hanover sums up exactly what I was describing in my post. Those buildings make the 10-15 year old buildings nearby look like the slums, compared to the amenities offered.

 

[Godless Socialist CEO]

It’s simply a matter of there being more people than there are homes to house them in. The only fix would be to immediately facilitate the building of new homes all over the country, but because of shortages and delays with building supplies, it’s not possible.

Calling landlords greedy never made actual sense to me (full disclosure, I’m a landlord), it just comes off as sour grapes. People have a sense of entitlement and think they should be able to afford X amount of square footage in Y location for Z amount of money. When market conditions cause adjustments to that formula, and there’s someone willing to pay more for the home you THINK you are entitled to, why shouldn’t a landlord be allowed to rent it to the person willing to pay more? It’s not like landlords are sitting on these homes and demanding inflated rent, causing them to stay vacant. They’re still getting them rented ASAP to someone that’s willing to pay more for them than the “this is greed” crowd. I’m sure there’s a place you can afford to live in, it just might not be what you feel you “deserve” to live in, but blame that on the market conditions. The landlords are just the ones taking advantage of such. It’s not like when the script is flipped anyone ever bytches about their rent being too low.

“full disclosure, I’m a landlord”

 

[Trojan 24]

That's even newer and closer to me. A girl I knew lived in the sister building in Mission Valley. Hanover sums up exactly what I was describing in my post. Those buildings make the 10-15 year old buildings nearby look like the slums, compared to the amenities offered.

Yeah I stopped by and checked out her place just a few weeks ago. Really nice and great building

 

[Atlrocafella]

Biden needs to go ahead and wipe out those student loans. To have to start making payments with the way shyt is now, might fukk around and have a riot in the streets