I just lost a tenant over a 2.4% rent increase driven solely by property taxes and insurance.
Some people would pizz at a free beer party.
There is a use for all those office buildings that everyone is WFH now: Convert them to apartments. That way the 15 minute city can work, and they can eliminate the residents without much ado.
You know that’s the plan, right? Just ask Kamala, she literally admitted it in a recent speech
Here the rentals and home prices are unaffordable because airbnb is a smart passive income if you got in early. Touristy western NC.
Rents are high because most people that rent are Democrats.
They vote and advocate for BS laws that make them feel good but have a cost they don’t even to begin to understand.
No nuke plants
No Coal
No ICE vehicles
No drilling
No Fracking
No Dams
No refineries
No Wood burning
No personal transportation
I could go on for the entire Party platform.
I could care less about their problems.
I’m a very fair landlord and I would never rent to a Democrat. I have to support them in tents on the street
it is a good place for them..
My present Tenants pay way below market value.
and they actually have a nicer place to live than I do.
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And it will go higher the more criminal illegal invaders the Biden occupation allows into the country. I fully expect the occupation to “win” 2024 as absolutely nothing is being done about election integrity which means the occupation will be in power all the way to Jan. 20th 2029. How many criminal foreign invaders will be in the country by then all looking for housing? Rents are going to be insane.
The Demos gave landlords everywhere a new product to sell, “Eviction Moratorium Insurance”. It will be invisibly built into every rent payment until the nation no longer exists.
And “diversity taxes” are raising rents in the better part of town.
If that were true, the safest places in America would be the center cities. In reality, small towns and countrysides are far safer.
Here in southern California it is $2,000+ plus utilities like electric for a 700sq/ft 1 bedroom apt.
$1,250 for a 350sq/ft apt. Some will also charges for utilities like electric.
Single 1 story, no basement on small .25 acre lot with a wall around it home, prices average around $800,000