Sign in

Forum » More General Categories » Misc. » Income requirements just went up to qualify for rent.
  1. Results 1 to 6 of 6

Thread: Income requirements just went up to qualify for rent.

  1. Rate This Thread
08-04-2024, 11:36 AM
#1

Income requirements just went up to qualify for rent.

Probably not everywhere but here in the US there are some landlords requiring you make 3.5 - 4xs the monthly rent to qualify.

Smfh…

I was already having a hard time with 2xs the monthly rent.
  1. CRYSULLY
  2. Registered User
  3. CRYSULLYs avatar
  1. CRYSULLY
  2. Registered User
  3. Join Date: Aug 2024
  4. Age: 54
  5. Posts: 318
  6. Rep Power: 2,197
Quote
08-04-2024, 11:39 AM
#2
I mean, if they can get it without having empty units more power to them. Don't think this will work out longterm though.
  1. OliverHeldens
  2. Registered User
  3. OliverHeldenss avatar
  1. OliverHeldens
  2. Registered User
  3. Join Date: Oct 2014
  4. Age: 31
  5. Posts: 23,022
  6. Rep Power: 108,822
Quote
08-04-2024, 12:06 PM
#3
it means landchads are getting afraid of missed payments and higher eviction rates.

sure demanding higher income ratios can reduce the risk some but these people can still get laid off. and most americans they like to spend money they dont want to live in a place 25% of their income because that means they could live in a bigger, nicer place that is 50% of their income.


land chads about to get wrecked when layoffs hit hard.
  1. elterrible987
  2. Banned
  3. elterrible987s avatar
  1. elterrible987
  2. Banned
  3. Join Date: Jan 2010
  4. Posts: 34,214
  5. Rep Power: 0
Quote
08-04-2024, 03:51 PM
#4
Originally Posted By elterrible987⏩

land chads about to get wrecked when layoffs hit hard.
Huh, the economy is better than ever. All time highs.
  1. ChewYourFood
  2. ▪█───────█▪
  3. ChewYourFoods avatar
  1. ChewYourFood
  2. ▪█───────█▪
  3. Join Date: Aug 2012
  4. Posts: 7,385
  5. Rep Power: 89,931
Quote
08-04-2024, 03:54 PM
#5
Make eviction easier and you would have reduced rent, reduced credit score requirements, and reduced income requirements

Until that happens you renters can get fawked
**Black out tape over all laptop/cell phone cameras so gov cant spy on me fapping crew**
  1. helpmee
  2. Registered User
  3. helpmees avatar
  1. helpmee
  2. Registered User
  3. Join Date: Oct 2011
  4. Age: 38
  5. Posts: 19,421
  6. Rep Power: 51,912
Quote
08-04-2024, 03:55 PM
#6
Originally Posted By ChewYourFood⏩
Huh, the economy is better than ever. All time highs.
lol
  1. ChadKang
  2. Registered User
  3. ChadKangs avatar
  1. ChadKang
  2. Registered User
  3. Join Date: Jan 2024
  4. Age: 54
  5. Posts: 7
  6. Rep Power: 0
Quote
Bookmarks
Digg
del.icio.us
StumbleUpon
Google
Facebook
Posting Permissions
  1. You may not post new threads
  2. You may not post replies
  3. You may not post attachments
  4. You may not edit your posts