Posted: 10/19/2012 4:56:01 PM EDT
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how the hell have rental prices shot up so high in some places........
I do not get how a 50% of the population in those areas can even afford rent...... |
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When people can't afford a house or were foreclosed on they rent... lot of people sufferin form both I have never owned a home....I want to buy one and want to stay well within my means but I look at the houses in my range and wow.... horrible... what my parents were able to buy vs how much they made was a lot better then what I can find... what the hell were the banks/government thinking this last 15 years or so.... |
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When people can't afford a house or were foreclosed on they rent... lot of people sufferin form both I have never owned a home....I want to buy one and want to stay well within my means but I look at the houses in my range and wow.... horrible... what my parents were able to buy vs how much they made was a lot better then what I can find... what the hell were the banks/government thinking this last 15 years or so.... Buy a foreclosure/Hud and if you are handy you got a deal |
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I was renting last year for 775, now my mortgage is only 730.  do not get me started on that... I am renting a crappy house for $700.... I saw what the house listed for 2 years ago and figured if I bought this house for what it went for on a 30 yr loan it would be under $325a month including insurance and taxes... |
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I was renting last year for 775, now my mortgage is only 730. But now you're paying property tax, maintenance, upkeep, lawn services, etc Renters pay for all those things, too. They just don't get an itemized invoice for them from their landlord. |
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Another thread demonstrating that 90% of Arfcom doesn't understand even basic economic concepts like supply and demand. No I get supply and demand...but how the hell do people that work $10 an hour jobs find a house to rent... Obviously, many of them live with roommates, family members or a spouse/S.O. who has a job. And some who make minimum wage would qualify for Section 8 housing, too. |
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I was renting last year for 775, now my mortgage is only 730. But now you're paying property tax, maintenance, upkeep, lawn services, etc Renters pay for all those things, too. They just don't get an itemized invoice for them from their landlord. His rent was $775. I doubt all the items I mentioned were $45 
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Quoted: Quoted: Quoted: I was renting last year for 775, now my mortgage is only 730. But now you're paying property tax, maintenance, upkeep, lawn services, etc Renters pay for all those things, too. They just don't get an itemized invoice for them from their landlord. ...and have something to show for it after the fact. |
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Another thread demonstrating that 90% of Arfcom doesn't understand even basic economic concepts like supply and demand. And rising property taxes..and rising maintenance costs...and rising fuel costs...and rising insurance rates...and and and and. (I owned an apartment building.) |
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Another thread demonstrating that 90% of Arfcom doesn't understand even basic economic concepts like supply and demand. And rising property taxes..and rising maintenance costs...and rising fuel costs...and rising insurance rates...and and and and. (I owned an apartment building.) see I am not even claiming this is the owners of rental properties fault.... I do blame the gov/banks for loaning money to people who could not afford it....and for people making stupid choices when it comes to buying a house.... they whole you make $25,000.00 a year and bought a $150,000.00 home and up and up....the more money people made the more house they bought they could not afford... |
| $1000/mo rent here will get u prob around a 100k house in an ok area. ive seen as high as $1400 in the same areas. Back when I rented/had 3 other roommates (2 story 6 bed 2800 sq ft house), rent was $1050. after utilities it came out to $450/mo each. not bad.. but idk how 1 person could afford something like that. my mortgage now for a 100k house is $627/mo |