I did pull this from my hat. I was just answering the question with my own opinion. I'm not saying it's going to happen for sure. Also I edited my post /shrug.
What happens when the rent is unaffordable EVERYWHERE?
- Thread starter Joe Budden
- Start date
No they dont lol. They're grabbing everything they can.
To answer ops question. Everyone lives in a car at that point
MoveForward
Veteran
Get a part-time job and that will likely cover the rent.
Womb Raider
5* Gooneral
Go head and log off brehPeople used to move south and take advantage of the lower cost of living. These days it’s getting expensive in the south too. Saw a 3 bedroom for like $1100 the other day.
The market is starting to turn, I'm a big window shopper and 3 things I noticed the last 2 weeks in my search results:
* About 1/10 properties have lowered asking costs
* Quite a few more properties showed up. IMO people trying to get while the getting is good
* LOTS of properties haven't sold, tons of properties I've seen sitting out there for many months or even a year. I've already talked about how properties get removed and relisted to hide how long they've been on the market (but sometimes property history still shows the truth if you don't remember it)
* About 1/10 properties have lowered asking costs
* Quite a few more properties showed up. IMO people trying to get while the getting is good
* LOTS of properties haven't sold, tons of properties I've seen sitting out there for many months or even a year. I've already talked about how properties get removed and relisted to hide how long they've been on the market (but sometimes property history still shows the truth if you don't remember it)
Kiyoshi-Dono
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Who Not How
Superstar
Folks ain't living alone like they used to. It's rare to meet an early 20s person with their own spot nowadays.
Every house seems to have 3-5 cars in front of it.
Every house seems to have 3-5 cars in front of it.
Vandelay
Life is absurd. Lean into it.
Corporations will start buying the properties for workers. You lose or leave your job, you lose the crib.
Companies did this before. They will do it again.
Companies did this before. They will do it again.
nikka…I’ll dismember a blind nun for those pricesPeople used to move south and take advantage of the lower cost of living. These days it’s getting expensive in the south too. Saw a 3 bedroom for like $1100 the other day.
RareHunter
All Star
There’s also a major food crisis coming, but brehs think constantly talking pawgs (while calling ppl Cacs) and having their loans paid off at the expense of others will help, when it will only speed up the chaos. The real answer is for us all to repent and turn away from our sins and seek out The Most High and trust in the sacrifice his son made that we may be forgiven of our sin and iniquity. Nothing else will help anyone (Serious).People used to move south and take advantage of the lower cost of living. These days it’s getting expensive in the south too. Saw a 3 bedroom for like $1100 the other day.
WetinBeDat
Pro
the fukk? a 21% increase in a year?? americans don't don't have rent control?That doesn't sound too bad.
Our rent went up by $400 from last year.
$2,300 for 2 bedroom 2 baths, good amenities but still not totally worth it.
Don't want to compromise/have less amenities though so here we are.
cyndaquil
Lv 100 Bold natured
You shouldn't have to work 2 jobs to not be homeless...
null
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People used to move south and take advantage of the lower cost of living. These days it’s getting expensive in the south too. Saw a 3 bedroom for like $1100 the other day.
chicago area could mean anything evanston,naperville, south suburbs, etc..