Go look up their website current prices and report back. Let’s see how shocking it is.
$1300 --> $1800 2 bedroom 2 bath
The tale of one rental
2016 - $800
2017 - $875
2018 - $900
2019 - $1100
2020 - $1100
2021 - $4800, and I left that city and moved to another one to halve my rent to $2400 in a one bedroom.
Jesus! Do you mind saying where this was? That’s bonkers.
Beach side Tampa FL. Was pretty crappy. Craziest part was that was with the employee discount of the rental company too.
When I moved to the house it was worth 325k which was about 20k more than the immediate house next to mine was worth and was sold for in 2018. Post covid that same home sold for $50k over aksing value in cash within a day of listing at just under 1.5 million. Many people moved that year after selling.
The market isn’t quite so insane anymore but still wildly expensive sitting at those values when I moved. No one is buying at those rates anymore but no one is willing to budge on selling price either.
Wild. The glut of folks flooding into Florida must have something to do with it. Maybe the rich are kinda eating themselves?
Hope you’re enjoying your new place!
Oh yeah new place is great! You’ve hit the nail on the head with your guesses it’s a combo of these tbh. The one thing about that old house is it was wrecked two years later by a hurricane. Was completely under water and torn apart. So the rich def ate themselves there. Even more so because three insurance company didn’t pay them out.
You love to see it.
~$2k back in college (dorms are stupid pricey and I didn’t know any better). ~$2k on mortgage now so it’s less of a waste
12 years ago I paid 400 aud a week for a 2 bed 1 bath unit now it’s 670
I bought my house then too and it was only 450 a week mortgage for a 3 bed 1 bath house so it was only a carton of piss a week extra to live in my own place.
Now a carton of piss has gone up 30 dollars to 80 for the same thing
I can’t give you 10 years ago cause thank fuck I was fortunate enough to buy a house.
2012 I was in a triplex with 1 bed 1 bath. It was a converted farm house so I’d guess I had somewhere between 800-900sq ft. $625
2026 the same unit with no updates and the floor is sagging because no one did anything about the wood supports on the dirt floor sinking in the basement… $1100
Not quite but nearly doubled. For reference. My mortgage is $1250 for a 3 bedroom 2 bath 1,500 sq house about 10 blocks away. I’n 2014 I paid $155k, it was move in ready and a 90s house. That being said, my brother is in the next neighborhood over, 1950s houses that needed all new electrical and plumbing and work in the HVAC and complete new sub floors and it has asbestos. ~1,000 so ft. $225k in 2024. Fucking insane.
Edit to add, I charge my roommates $350/m for a room. At Max I’ve had 3 roommates at a time so all rooms filled. I’m not trying to fuck anyone over. General room rental prices are $600+ near me for a single fucking room.
I looked up a dump I lived in in Durham NC 1996-99. I paid $420/month for a two bedroom.
Today they want $2500/mo but they upgraded to grey click flooring.
8 years ago I rented a relatively large house for 750 BRL, which converted to $215 at the time. The same place is now twice as much in BRL, but the conversion rate changed and 1500 BRL is now worth $294.
I’ve been paying the same price for the last 10 years because I moved from San Francisco, to Austin, and then to Chicago – and the price in the last two caught up to San Francisco’s price while i lived there.
$1600/mo, but they raised it to $2600/mo a year later. I moved out.
That was about 10 years ago.
10 years later and it’s back down to $1600/mo.
It’s been more than 15 years since I rented. But it was around $370 and now they’re charging $1000-1750. Not sure what the difference is for the 1BR apartments to have such a range. They list the same floor plan and square footage. My only guess is that this place has electric heat for some of the units so these might be the less expensive ones might be those with electric heat and they want a tenant before winter hits.
$750 is kind of a wild range, but I’ve had it be based on which floor your on (top floor might have an elevated roof) or if they’ve renovated/modernized some of the units with that floor plan, vs older ones being the lower price. I’ve also seen some where price will also depend in which side of the building you’re on (you pay more to get more sun or ate slightly closer to the garage)
I paid $450 for a single room in a house share ten years ago. Now it’s $850 for rooms on the same street
$2,300 now and ~ $1,500 in 2016. 🥲
The bigger shock is our previous apartment that we left in 2014 because it was an unlivable dump. It was like $1600 (had roommates) but got gentrified to $3700 💀
I bought a house ten years ago. I’ve locked the mortgage payments at ~$1000. I’ve since moved countries and been renting it out for the last four years. The current tenants pay ~$2200 and their own utilities. Seven more years and my mortgage is no more.
Being a landlord is kinda cringe ngl
Landlordposting from another country while you pay your mortgage on a property you don’t live in using someone else’s income
On .ml of all places 🤣
There are many costs and processes involved with owning. Not everyone wants to own or is going to be in a place long enough where it makes sense to own. Getting rid of all landlords introduces its own problems.
Was £1,235/mo in 2016, now a similar flat in the same block is around £2,000/mo.
Honestly, I’m surprised it’s not higher.
My mortgage is 450€ and was the same 10y ago (fixed rate).
Meanwhile, my friend’s rent was 350€ 10y ago and 550€ today.
