"We have seen corporate landlords—who own a larger share of the rental market than ever before—use inflation as an excuse to hike rents and reap excess profits beyond what should be considered fair and reasonable."
All I can say is the absolutely shit apt I lived in in South Florida, wasn’t maintained, gross and expensive for 2300 a month wanted to raise our rent to almost 2400 a month for an apt that should cost 1600(being generous).
I did look into that, my entire area is insanely expensive to rent in. With moving costs and deposits I’d be spending more in a year by moving.
I am looking into moving states but wouldn’t have time to get a new job. Going to have to bite the bullet and start planning for next year. Working on IT certs to get better paying jobs.
All I can say is the absolutely shit apt I lived in in South Florida, wasn’t maintained, gross and expensive for 2300 a month wanted to raise our rent to almost 2400 a month for an apt that should cost 1600(being generous).
Fuck corporate landlords
My complex just got bought out by an investment company. 24% rent increase after years of <5% increases
This is going to be 50% of my after-tax income. They own half of me
Just move, we did it and found a local landlord, bigger apt newer better maintained and it is 25 bux a month cheaper.
I did look into that, my entire area is insanely expensive to rent in. With moving costs and deposits I’d be spending more in a year by moving.
I am looking into moving states but wouldn’t have time to get a new job. Going to have to bite the bullet and start planning for next year. Working on IT certs to get better paying jobs.
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