FC Community

Discussion Boards => Off-Topic => Topic started by: calendria on March 22, 2022, 07:07:28 pm

Title: Did your rent Increase?
Post by: calendria on March 22, 2022, 07:07:28 pm
 :cat:

Did anyone's Rent climb over the top this year?  I've been reading about 40-60% increases here where I live, and people being forced out of 10+ years rental history because of it.  Sad :sad1:.  My mortgage went up but that was the home Ins (Materials they say) increase.  That Cola we got went pretty fast, with food prices, rent, Medicare premiums and gas. (gasp, gas!! >:()
Title: Re: Did your rent Increase?
Post by: cathy37 on March 23, 2022, 09:54:38 am
My rent went up $25 in July.  It will probably go up again this July $25 more.  It seems a lot for the size of my apartment, but what are you going to do.  You have to have somewhere to live.  The raise we got from Medicare is a joke.  The premium went up, the deductible when up.  Part D deductible went up and the cost of medication went up.
Title: Re: Did your rent Increase?
Post by: calendria on March 23, 2022, 11:52:38 am
My rent went up $25 in July.  It will probably go up again this July $25 more.  It seems a lot for the size of my apartment, but what are you going to do.  You have to have somewhere to live.  The raise we got from Medicare is a joke.  The premium went up, the deductible when up.  Part D deductible went up and the cost of medication went up.

That isn't bad at all, rents here went up $600 a month! Just crazy, Corp buying all the houses here and charging rates no one can afford!
Title: Re: Did your rent Increase?
Post by: ssarber on March 23, 2022, 04:14:40 pm
Ouch, I am thankful that we don't have to rent. I feel bad for those that can't buy with those crazy prices for homes. And then can't afford the crazy rent.
Title: Re: Did your rent Increase?
Post by: plennis on March 24, 2022, 04:55:05 pm
Ouch, I am thankful that we don't have to rent. I feel bad for those that can't buy with those crazy prices for homes. And then can't afford the crazy rent.
I agree.  I am so glad we own our home.  It seems almost impossible for young people to get into homes these days.
Title: Re: Did your rent Increase?
Post by: linderlizzie on March 24, 2022, 06:48:00 pm
We rent from a friend, so not so much. She just raises whatever raises for her. However, everything else in the world is up. Food, gas, everything you buy, going to the movies.

It's insane because of our feckless leader. Sorry. I mean to show respect for leaders, but he makes it impossible. Every move he makes, every step he takes, every smile he fakes; I'll be watchin' him. He makes me ashamed of him mostly.  :monkey:
Title: Re: Did your rent Increase?
Post by: cateyes1 on March 25, 2022, 03:39:07 am
I feel for you all. I was fortunate enough that my parents left me a house. Thank you Mom and Dad I love and miss you :heart:
Title: Re: Did your rent Increase?
Post by: Donnamarg323 on March 25, 2022, 08:06:08 am
Have you all noticed the price of toilet paper went up too cos of Biden?

When Trump was president MANY didnt wipe their butts!!
Title: Re: Did your rent Increase?
Post by: Donnamarg323 on March 25, 2022, 08:21:33 am
We rent from a friend, so not so much. She just raises whatever raises for her. However, everything else in the world is up. Food, gas, everything you buy, going to the movies.

It's insane because of our feckless leader. Sorry. I mean to show respect for leaders, but he makes it impossible. Every move he makes, every step he takes, every smile he fakes; I'll be watchin' him. He makes me ashamed of him mostly.  :monkey:

Your friend is very fortunate that food,gas,everything you buy and going to the movies doesnt pertain to them.LOL!!!
Title: Re: Did your rent Increase?
Post by: oldbuddy on March 25, 2022, 04:44:36 pm
We sold our last house 5 years ago and paid cash for this one, so no more rent for us. Social Security is enough to live pretty comfortably now.
Title: Re: Did your rent Increase?
Post by: dreamyxo on March 26, 2022, 04:45:59 pm
I'm fortunate I don't pay rent.  I was reading today how much it's gone up.  They are building a lot in my area but they are townhomes and they are no less than $400K it's simply ridiculous.  How is anyone affording these houses is beyond me. 
Title: Re: Did your rent Increase?
Post by: dsawan on March 26, 2022, 09:22:28 pm
Everything goes up and salary doesnt keep up with rent increases
Title: Re: Did your rent Increase?
Post by: Jsnugs on March 27, 2022, 10:20:29 am
No thankfully rent has not, however; the property tax went up $100.00. My going out to places got limited.
Title: Re: Did your rent Increase?
Post by: Zebbanon on March 28, 2022, 04:42:38 am
Oh, it's so true that the salary doesn't keep up with the huge increase in prices, and all you can do is find a second job to survive. You know what? I even think about getting into trading because it seems like a good source of income, and I have no idea how to make money without spending too much time and effort. I discovered Bitcoin Motion (https://bitcoinmotion.org/) that's a good tool for beginners, and hopefully, I won't regret it later.
Title: Re: Did your rent Increase?
Post by: Slee800w on April 03, 2022, 03:05:38 pm
My rent didnt go up at all
Title: Re: Did your rent Increase?
Post by: ccandpam on April 04, 2022, 06:56:55 am
Thankfully my mortgage has not been increased. I am so sorry for those who have had increases in their rent.
Title: Re: Did your rent Increase?
Post by: debrar on April 04, 2022, 09:29:26 am
I am so happy we have paid off out home during the pandemic, the rent has gone up too much and to buy a house now-a-days is ridiculous. Seems like the business are trying to punish people that are not in the upper middle class.
Title: Re: Did your rent Increase?
Post by: potluck6 on April 14, 2022, 11:10:38 am
Own a house in ca. Heard rents are going way up. Some landlords got took because of tenants who didnt pay during covid. Suppose their trying to catch up.
Title: Re: Did your rent Increase?
Post by: dsawan on April 14, 2022, 04:30:25 pm
they shd keep the moratorium going
Title: Re: Did your rent Increase?
Post by: ssarber on April 14, 2022, 05:18:45 pm
We rent from a friend, so not so much. She just raises whatever raises for her. However, everything else in the world is up. Food, gas, everything you buy, going to the movies.

It's insane because of our feckless leader. Sorry. I mean to show respect for leaders, but he makes it impossible. Every move he makes, every step he takes, every smile he fakes; I'll be watchin' him. He makes me ashamed of him mostly.  :monkey:


The liberals and the idiot in office doesn't care anything about any of us except getting the illegals to vote democratic. I try to have respect for our leaders, but seriously, this administration makes it impossible.
Title: Re: Did your rent Increase?
Post by: Slee800w on May 06, 2022, 02:00:17 pm
I live in a low income apartment so my rent didnt increase
Title: Re: Did your rent Increase?
Post by: calendria on May 22, 2022, 02:14:31 pm
 :cat:

Rental costs are one reason the COLA is going to skyrocket in 2023!!  Over 140.00 more per month for most people on Social Security.  My Homeowners Ins went up due to material replacement costs skyrocketing!
Title: Re: Did your rent Increase?
Post by: Taniya33 on May 24, 2022, 03:21:30 am
If you're a landlord, you should try https://www.nyrentownsell.com/blog/landlord-sends-a-rent-increase-notice/ (https://www.nyrentownsell.com/blog/landlord-sends-a-rent-increase-notice/) to raise the rent as little as possible. After all, your tenants are paying customers like any others, and it's not nice to raise prices on people who've already committed to buying from you. But every year your costs increase while your rent rolls around unchanged.
Title: Re: Did your rent Increase?
Post by: cathy37 on May 24, 2022, 02:15:43 pm
I just got a notice from the landlord and my rent will go up $50 a month starting August 1st which will make my rent $725 a month for a one bedroom one bath apartment.  I have been here for 2 years and when I first moved in it was $650.  I have put my name on a waiting list for another apartment where the rent is a lot cheaper and it will be a 2 bedroom l bath apartment, but there is a year waiting list.
Title: Re: Did your rent Increase?
Post by: mrisha on July 11, 2022, 06:51:29 pm
:cat:

Did anyone's Rent climb over the top this year?  I've been reading about 40-60% increases here where I live, and people being forced out of 10+ years rental history because of it.  Sad :sad1:.  My mortgage went up but that was the home Ins (Materials they say) increase.  That Cola we got went pretty fast, with food prices, rent, Medicare premiums and gas. (gasp, gas!! >:()

The only way your mortgage can or will increase is because it is an adjustable rate and not fixed.  Now if you are thinking rent, then yes the owner can increase your rent which is awful.
Title: Re: Did your rent Increase?
Post by: fluffyubnny937 on July 13, 2022, 09:06:04 am
My mortgage went up, my property taxes went up so how much I have to pay into my escrow went up. So technically the part of my mortgage going to principle and interest hasn't changed. This housing market is crazy.
Title: Re: Did your rent Increase?
Post by: Slee800w on August 03, 2022, 12:57:30 pm
Yes, I live in a low income apartment but the rent still increased
Title: Re: Did your rent Increase?
Post by: calendria on August 03, 2022, 12:59:55 pm
:cat:

Did anyone's Rent climb over the top this year?  I've been reading about 40-60% increases here where I live, and people being forced out of 10+ years rental history because of it.  Sad :sad1:.  My mortgage went up but that was the home Ins (Materials they say) increase.  That Cola we got went pretty fast, with food prices, rent, Medicare premiums and gas. (gasp, gas!! >:()

The only way your mortgage can or will increase is because it is an adjustable rate and not fixed.  Now if you are thinking rent, then yes the owner can increase your rent which is awful.

True, but when the taxes &  insurance increases, this makes the payment bigger.
Title: Re: Did your rent Increase?
Post by: ssarber on August 03, 2022, 01:06:16 pm
As landlords, we haven't raised the rent. A 4 bedroom/2 bath house on 2 acres for $850 a month. We should be getting more, but he said he would buy in another 11 months. So, we gave him a good deal. Thankfully it covers our house payment and taxes. we refinanced our own mortgage to pay it off sooner. Plus, we try to pay extra when we can.
Title: Re: Did your rent Increase?
Post by: mrisha on August 03, 2022, 02:25:55 pm
I don't pay rent, but I do pay a fixed rate mortgage in which the interest rate is very, very low.
Title: Re: Did your rent Increase?
Post by: potluck6 on August 05, 2022, 04:08:58 pm
Bought a house in 08 so the payment is about 1000.00 .we rented for years now rents in northern ca have skyrocket
Title: Re: Did your rent Increase?
Post by: Gorby451 on November 10, 2023, 06:16:50 am
Fortunately, I don't need to rent housing, I have my own apartment. But at the same time, I'm in the process of renting out another flat, and in order to increase the rent, I decided to renovate the kitchen. I thought about this after reading article https://fromhungertohope.com/how-to-renovate-the-rented-kitchen/ (https://fromhungertohope.com/how-to-renovate-the-rented-kitchen/). It seems to me that even cosmetic renovations will help attract more tenants, and the price of the apartment can be raised a little.
Title: Re: Did your rent Increase?
Post by: oldbuddy on November 13, 2023, 09:50:43 am
Oh, it's so true that the salary doesn't keep up with the huge increase in prices, and all you can do is find a second job to survive. You know what? I even think about getting into trading because it seems like a good source of income, and I have no idea how to make money without spending too much time and effort. I discovered Bitcoin Motion (https://bitcoinmotion.org/) that's a good tool for beginners, and hopefully, I won't regret it later.
Bitcoin Motion looks like any other Investment Advisor looking to suck off their profit from those desperate enough to throw money at a problem with no idea what they are doing. I have made a few Million Satoshi (Bitcoin equivilent to pennies) over the last few years, but I did not ask for advice and I did not buy any of it, so it was always impossible for me to lose any since I got it all for free. Opportunities are all around us to collect free Crypto and grow it free, so why throw your hard earned cash down the sewer drain so some broker can gamble with your money? If he was as smart as most of them claim to be, he would not need you. I am not rich yet, but my Crypto is nice padding for my Social Security income.
Title: Re: Did your rent Increase?
Post by: cathy37 on November 13, 2023, 11:10:14 am
I have lived in my apartment for three years and in those three years, the first year it went up $25.  The next year it went up $50 and this last year it went up $75.
Title: Re: Did your rent Increase?
Post by: ancmetro on November 18, 2023, 03:09:51 pm
  It is all a "real estate scam". I am thinking of buying a motor home. Live and park "free" where you want and it is legal. No more slumlords asking you for more money and they do not even maintain and repair the properties.