Lee Duna@lemmy.nz to News@lemmy.worldEnglish · 9 months agoTwo-thirds of Canadian and American renters are in unaffordable housing situationstheconversation.comexternal-linkmessage-square6fedilinkarrow-up10arrow-down10
arrow-up10arrow-down1external-linkTwo-thirds of Canadian and American renters are in unaffordable housing situationstheconversation.comLee Duna@lemmy.nz to News@lemmy.worldEnglish · 9 months agomessage-square6fedilink
minus-squareEssentialCoffee@midwest.sociallinkfedilinkEnglisharrow-up0·9 months agoI know some landlords in a nice area. They didn’t raise rent on their renters because they were nice folks. Kept the house around $800 for them. The renters died and they wanted to re-rent, so they looked at the prices in the area and set rent at $1200+. Note: the $800/month paid all of the bills, upkeep, plus some to pocket. So now it’s $400+ in their pockets. It’s just price gouging at this point.
minus-squaretsonfeir@lemm.eelinkfedilinkarrow-up0·9 months agoDang. I pay $2400 for a one bedroom apartment.
I know some landlords in a nice area. They didn’t raise rent on their renters because they were nice folks. Kept the house around $800 for them.
The renters died and they wanted to re-rent, so they looked at the prices in the area and set rent at $1200+.
Note: the $800/month paid all of the bills, upkeep, plus some to pocket. So now it’s $400+ in their pockets. It’s just price gouging at this point.
Dang. I pay $2400 for a one bedroom apartment.