Spade
Superstar
About 1500 on average for a 1bedroom and 1800 for a 2 bedroom. But downtown and close in neighborhoods will have 1 bedroom apartments on average around 3200.
San Antonio's apartment market isn't doing great. Austin's is slightly worse. “The apartment market is oversupplied”
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Now just imagine if houses depraciated like cars
You could find you an old house for cheap,buy it within 10 years. Save alot of money in the proccess. Yes you would sell the house at a lesser value and take a loss. But maybe it would give you the savings,and freedom to get one of these nice apartments and spoil yourself. But what can people do when they are squeezed out of every penny. You have no freedom to live above your means. You have no freedom to build a savings and move outside the cities away from jobs. There would be an economic boom in these ghosttowns in the midwest if people had freedom to move,money to build from scratch,start businesses. But what do I know,biden is smarter than me
You could find you an old house for cheap,buy it within 10 years. Save alot of money in the proccess. Yes you would sell the house at a lesser value and take a loss. But maybe it would give you the savings,and freedom to get one of these nice apartments and spoil yourself. But what can people do when they are squeezed out of every penny. You have no freedom to live above your means. You have no freedom to build a savings and move outside the cities away from jobs. There would be an economic boom in these ghosttowns in the midwest if people had freedom to move,money to build from scratch,start businesses. But what do I know,biden is smarter than me
WonderCheeks
Pro
The same thing will happen here in DFW. There are new developments of boxy apartments every half mile in some parts of the cities. It makes no sense where many of these places are being built. My best friend thinks it’s a way for the wealthy to build up high volume properties to sell to the government to become projects. I’m starting to agree with her. Wages aren’t rising, living costs are rapidly increasing, when you can no longer afford to live these cheap box apartments will be your new public housing.
Ozymandeas
Veteran
I was in high school looking at my older siblings paying $500, $600 for an apartment counting down the days until I hit 18. This was the early 2000s, mid 2000s. By the time I graduated HS, 2008 happened
Then by the time I graduated college in the 2010s the rent prices were disgusting. I didn't get on my feet until 2017ish. We got robbed. If rent prices were still $600, or even $700 in the 2010s, our generation would have been good but, these developers were beyond greedy.
I remember paying 700 between 3 people for a 3 bedroom 2 bathroom. shyt i could've afforded that by my damn self. Was crazy cause one of my boys moved out so i turned it into a gym. Full squat rack and bench, Olympic set, pull up and dip tower. Had a bike in there and a TV with dvd player mounted on the wall, with cable....I was in high school looking at my older siblings paying $500, $600 for an apartment counting down the days until I hit 18. This was the early 2000s, mid 2000s. By the time I graduated HS, 2008 happened
My job moved me out of state.
OperationNumbNutts
Superstar
Bull to the shyt. 
Terrible article and they didn't mention the price of apartments. Waste of a read.
Terrible article and they didn't mention the price of apartments. Waste of a read.
Cobalt Sire
All Star
Well, when the bandemic money runs out, people move back home.
Amo Husserl
All Star
Apartments aren't being built as a step for Americans save for homeownership. Luxury at fixed rates pricing people out the area, of course issa vacuum.
There was a time when i thought that was a good idea. There are still some independent owners or slumlords out there. The other ones are large real estate magnets. Like in my city there's a few different companies that have like 20 different apartments complexes and they call them sister communities. So they'll be like "rent at Broadmoor apartments or check out Brookstone plaza or Richland park, Vista view, Oakmont, premier lakes...." So if someone fukks around and gets kicked out or evicted in one apartment place it's they can't just up and rent at another apartment complex because 3/5 are owned by the same fukking company. So if you miss rent (late) or get kicked out...you're fukked.What do I know?
Clap the landlords for price gouging
Yep, which is why homelessness is skyrocketing
In college my sophomore year 2005 me and my boy moved into an apartment in the hood and split rent, $500 per month ($250 each) for a 2 bedroom with a living room and full kitchen
Nothing but Madden, hoes, and weed in there all hours of the day
I could walk to campus but it was too dangerous at night so I took my car. Fun times
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the point is people want housing to be expensive...Please explain how real estate isn’t an investment that pays off long term?
so they can potentially profit
personally I dont see the house you live in as an investment...
I would bet when you factor in expenses and time spent most people arent making (much) money