High Rent Prices

[swampratt]

I was helping a friend move and he will no longer be renting as he bought a place.
He was paying 1200 a month for a nice 3 bedroom home and the new rent for the place will be 1600.

The landlord a friend of mine said a 2 bed apartment 200 yards away gets 1400 for a 2 bedroom.
Another friend was here a few days ago I was installing a muffler on his mustang and he said their rent near Overholser in a 2 bed was 950 a month and this year rent increased to 1500 a month.

WOW!

 

[Bocephus123]

Yea its ********, and they will wonder why people will quit paying shortly after they move in and destroy the place.

 

[mr ed]

Mine had been 975 for years (3 bed 2 bath) had to raise them to 1200. Taxes, insurance, professional repair(Electrian,ac guy, plumber) all up. And I"m still the cheapest in the area.

 

[JD8]

I was helping a friend move and he will no longer be renting as he bought a place.
He was paying 1200 a month for a nice 3 bedroom home and the new rent for the place will be 1600.

The landlord a friend of mine said a 2 bed apartment 200 yards away gets 1400 for a 2 bedroom.
Another friend was here a few days ago I was installing a muffler on his mustang and he said their rent near Overholser in a 2 bed was 950 a month and this year rent increased to 1500 a month.

WOW!

On inquiring as to whether we were going to rent our old house or sell..... we were quoted ~$1 a sq ft for rent. This was Broken Arrow. I'm going to sell it, but the rent prices now make it tempting.

 

[Bocephus123]

On inquiring as to whether we were going to rent our old house or sell..... we were quoted ~$1 a sq ft for rent. This was Broken Arrow. I'm going to sell it, but the rent prices now make it tempting.

its tempting but don't you'll be remodeling everytime someone moves!

 

[JD8]

its tempting but don't you'll be remodeling everytime someone moves!

That CAN happen, but it's not that common.

 

[Firpo]

It may be

Yea its ********

But I’m not sure it’s all the landlord’s fault. Just received my property taxes which went up to $4,000 this year and home owners insurance increased over 40% the past two years. Really can’t expect them to just absorb all that and not pass it on to the tenant. What’s really bull pucky is this was all avoidable by NOT shutting down the country. Grrrrrrrrr . Something has to give, I don’t see how people are going to make it with all these crazy increases. 8.3% is a lie, at least with everything I buy which has all increased 18%-60%.

 

[Bocephus123]

It may be

But I’m not sure it’s all the landlord’s fault. Just received my property taxes which went up to $4,000 this year and home owners insurance increased over 40% the past two years. Really can’t expect them to just absorb all that and not pass it on to the tenant. What’s really bull pucky is this was all avoidable by NOT shutting down the country. Grrrrrrrrr . Something had to give, I don’t see how people are going to make it with all these crazy increases. 8.3% is a lie, at least with everything I buy which has all increased 18%-60%.

Amen but a lot of middle income workers going to be on the street if something doesn’t break soon…i saw it coming and signed a long term lease about a year ago

 

[Bocephus123]

That CAN happen, but it's not that common.

Suite your self I work on rental houses for several different people for years!

 

[HillsideDesolate]

Those are Rookie numbers
https://seattle.craigslist.org/see/apa/7555552072.html
I certainly do not miss renting, express I ally apartment living. A 2br apartment in not the best neighborhood was $2000 in Seattle a decade ago. Had my.deposit taken and fees added despite.having it professionally cleaned. I once had a land lord that attempted to charge me because "it needs a new roof."