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Discussion Boards => Off-Topic => Topic started by: calendria on March 22, 2022, 07:07:28 pm
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: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!! >:()
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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.
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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!
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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.
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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.
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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:
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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:
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Have you all noticed the price of toilet paper went up too cos of Biden?
When Trump was president MANY didnt wipe their butts!!
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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!!!
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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.
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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.
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Everything goes up and salary doesnt keep up with rent increases
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No thankfully rent has not, however; the property tax went up $100.00. My going out to places got limited.
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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.
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My rent didnt go up at all
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Thankfully my mortgage has not been increased. I am so sorry for those who have had increases in their rent.
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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.
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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.
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they shd keep the moratorium going
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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.
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I live in a low income apartment so my rent didnt increase
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: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!
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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.
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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.
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: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.
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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.
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Yes, I live in a low income apartment but the rent still increased
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: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.
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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.
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I don't pay rent, but I do pay a fixed rate mortgage in which the interest rate is very, very low.
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Bought a house in 08 so the payment is about 1000.00 .we rented for years now rents in northern ca have skyrocket
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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.
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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.
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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.
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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.