Lee Duna to [email protected]English • 5 months agoTwo-thirds of Canadian and American renters are in unaffordable housing situationstheconversation.commessage-square7arrow-up1198arrow-down12
arrow-up1196arrow-down1external-linkTwo-thirds of Canadian and American renters are in unaffordable housing situationstheconversation.comLee Duna to [email protected]English • 5 months agomessage-square7
minus-square@[email protected]linkfedilinkEnglish2•5 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-square@[email protected]linkfedilink2•5 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.