Go look up their website current prices and report back. Let’s see how shocking it is.
$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.
I paid $450 for a single room in a house share ten years ago. Now it’s $850 for rooms on the same street
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.
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.
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.
$1300 --> $1800 2 bedroom 2 bath
The first listing was in 2017 it was $2800. Now I pay $3500. It’s a full sized house though.
That’s pretty funny that you say ten years ago because that’s exactly how long ago we moved into this house. So the last apartment we stayed at was exactly ten years ago (and a few months).
The rent we paid at the time was $2200 USD. It’s now $3000 which is actually less than inflation.
~$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
university housing was like $9K for two semesters, roughly $1k/month, which included a room, utilities, internet, laundry facilities, gym access, and a cafeteria meal plan (iirc 15 entries per week)
looks like now it’s like 15-17k
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 where it makes sense to own. Getting rid of all landlords introduces its own problems.
The costs are still always less than owning because the owner is making a profit so this doesn’t make much sense.
The only good argument is that people might not want to be in a spot for long.
The costs are less long term as an owner but owners are also responsible for repairs. As a renter you only need to cover monthly rent.
And as you noted not everyone wants to be or will be in a single place for long.
