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Forum » Rents in the US just hit another record high
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Thread: Rents in the US just hit another record high

post 1663515953 06-27-2022, 07:49 AM
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#61
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Originally Posted By TheGoldenBull⏩
Low iq retard spotted


If I wasn't enjoying this thread would I be coming back? Jfl

Its funny to me
yeah probably, you're in the same category as the chit smearer and the world record squatter and they can't help themselves either
post 1663515983 06-27-2022, 07:50 AM
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Originally Posted By Cleveland33⏩
yeah probably, you're in the same category as the chit smearer and the world record squatter and they can't help themselves either
^^^^^^^^^^
Autistic cope
post 1663516033 06-27-2022, 07:50 AM
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#63
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Originally Posted By TheGoldenBull⏩
^^^^^^^^^^
Autistic cope
proving my point
post 1663516163 06-27-2022, 07:54 AM
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Why are rentcels so delusional

Is it some kind of lead paint thing
post 1663516233 06-27-2022, 07:55 AM
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#65
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Originally Posted By r32gojirra⏩
Why are rentcels so delusional

Is it some kind of lead paint thing
20% not paying rent
House prices tanking


Seethe and cope


Puahahahhahahahahahahahahahahahahah
post 1663516403 06-27-2022, 08:03 AM
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#66
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Originally Posted By TheGoldenBull⏩
20% not paying rent
House prices tanking


Seethe and cope


Puahahahhahahahahahahahahahahahahah
Imagine trying to navigate life with such a low IQ


Average price for US homes hits record high in May despite rise in interest rates

https://amp.theguardian.com/society/...ecord-high-may



Inb4 cope
post 1663516473 06-27-2022, 08:04 AM
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#67
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Originally Posted By r32gojirra⏩
Up 16% in the year ending April and still rising

Ouch

Rentcels getting cucked again

https://amp.cnn.com/cnn/2022/05/19/h...ril/index.html

Something something iNvEsT tHe dIfFeReNcE
My rent is less than 10% of my income keep crying mortgagecel
post 1663516513 06-27-2022, 08:05 AM
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Originally Posted By meanstringbean⏩
My rent is less than 10% of my income keep crying mortgagecel
Mortgage?

Lmao

You must be new here

Oh right you’re that guy that can’t understand basic percentages

Lmao
post 1663516563 06-27-2022, 08:09 AM
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#69
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Originally Posted By r32gojirra⏩
Imagine trying to navigate life with such a low IQ


Average price for US homes hits record high in May despite rise in interest rates

https://amp.theguardian.com/society/...ecord-high-may
Cope is believing the real estate market is still booming. Lmfao.


Retard gonna retard

https://www.washingtonpost.com/busin...es-dig-prices/
post 1663516583 06-27-2022, 08:09 AM
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#70
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just LOL @ rentplebs
fist yourself
post 1663516643 06-27-2022, 08:10 AM
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#71
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Originally Posted By Kev1972⏩
Duh, people saying interest rates are bad for homeowners.

No. Interest rates don't affect fixed mortgage.

You know who it affects? People that want to buy houses but are now priced out of the market. Rents going up boyos!
So follow it to its logical conclusion.

If people who are priced out of the market and sellers can’t sell their home then….












Home prices go down. Which is what will happen as interest rates continue to rise.
post 1663516673 06-27-2022, 08:11 AM
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#72
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Originally Posted By Cleveland33⏩
yeah probably, you're in the same category as the chit smearer and the world record squatter and they can't help themselves either
aware me on chit smearer for reps?
fist yourself
post 1663516703 06-27-2022, 08:12 AM
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#73
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Originally Posted By MuscleXtreme⏩
So follow it to its logical conclusion.

If people who are priced out of the market and sellers can’t sell their home then….












Home prices go down. Which is what will happen as interest rates continue to rise.
Eventually. Sure. When supply catches up with demand. Which won't happen for several years at this rate. Until then, those people gotta live somewhere. And their rent is due.
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post 1663516733 06-27-2022, 08:13 AM
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#74
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Originally Posted By MuscleXtreme⏩
So follow it to its logical conclusion.

If people who are priced out of the market and sellers can’t sell their home then….












Home prices go down. Which is what will happen as interest rates continue to rise.
Nah, Biden is importing millions of "new americans". They all need someplace to stay. Housing is just going to get tighter. Regardless of the economy, if your population is going up housing is going up.
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post 1663516743 06-27-2022, 08:13 AM
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#75
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Originally Posted By 78novacaine⏩
Eventually. Sure. When supply catches up with demand. Which won't happen for several years at this rate. Until then, those people gotta live somewhere. And their rent is due.
20% and rising not paying tho

So those houses are going on the market lmdao
post 1663516753 06-27-2022, 08:13 AM
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#76
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Originally Posted By BustaCapp⏩
aware me on chit smearer for reps?
Bodhy

He’s from New Zealand

That’s all I know i swear
post 1663516803 06-27-2022, 08:15 AM
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Post deleted by user
post 1663516833 06-27-2022, 08:16 AM
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#78
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Thinking about converting my garage into a small apartment. I only pay a $1000 mortgage payment for a 2000sqft house w big yard in S Florida. Bought in 2011
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post 1663516983 06-27-2022, 08:20 AM
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#79
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Originally Posted By ymer⏩
Now I see why the government keeps raping citizens over and over, so easy to fool it's laughable.
Are you suggesting that there are enough houses on the market right now to keep up with demand? (Even with the decreased demand due to rising interest rates)
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post 1663517003 06-27-2022, 08:20 AM
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Originally Posted By r32gojirra⏩
Mortgage?

Lmao

You must be new here

Oh right you’re that guy that can’t understand basic percentages

Lmao
Oh yea you’re the guy that thinks someone saving 15% will be closer to financial independence than someone saving 60% lmao idiot
post 1663517073 06-27-2022, 08:21 AM
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#81
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Originally Posted By pengh⏩
Thinking about converting my garage into a small apartment. I only pay a $1000 mortgage payment for a 2000sqft house w big yard in S Florida. Bought in 2011
You could rent it out to some of those girls getting released from prison.
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post 1663517663 06-27-2022, 08:38 AM
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#82
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Originally Posted By meanstringbean⏩
Oh yea you’re the guy that thinks someone saving 15% will be closer to financial independence than someone saving 60% lmao idiot
Yes

Because in your examples the 15% guy is earning like $300k

And the 60% guy is earning $50k

Lmao

Maths not even once

Enjoy the taste of your landlords dick for many years to come rentcuck
post 1663520693 06-27-2022, 09:42 AM
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Are we building back better yet?
post 1663521153 06-27-2022, 09:52 AM
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Imagine rent inflation will be getting worse for awhile.

Not all that surprised to read this morning that a wide majority of American's have a poor view of Biden and his lack of fighting inflation.


"Nearly three-fourths disapprove of Biden’s handling of inflation: Survey"

https://www.washingtonexaminer.com/r...g-of-inflation
post 1663523413 06-27-2022, 10:40 AM
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#85
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Originally Posted By ymer⏩
This guy is not trolling.

Mortgagecels have their blinds on just like cryptocels, they only see "money go up, can only go higher and I cant lose".

People have to live somewhere and mortgagecels have to pay their rent to the banks as well.

If renters can't pay due to super inflated prices sure they can get evicted but who will rent the property now? Another one who got evicted and cant pay rent?well... mortgagecels think that in a recession somehow high earners who are unaffected by inflation will materialize from thin air.

What happens next is that the market will adjust for this, meaning that mortgagecels will not find any renter and they will have to lower the rents in order to not lose their homes to the bank. How will they make up the difference? Well why dont they get a third job at mcdonalds.

Suckers that got a mortgage at the very peak of the bubble will only understand this when it happens to them.
The bolded is what I'm wondering. If salaries aren't rising who is going to be able to afford these exorbitant rent prices? It's all greed on the landlords part. I hope people jacking up rent on good renters end up with empty rentals. I am not a delusional rentcel, but I do know that I take good care of the condo I rent. Better than anyone previous to me, as it was disgusting when I moved n and I cleaned it top to bottom. Nothing is updated, it's a piece of crap condo. If my landlord jacks up my rent it's clearly just from greed. There is no valid reason to do so. If he does I'm moving and I hope it sits empty and if he finds a renter that they destroy the place.
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post 1663525883 06-27-2022, 11:36 AM
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Originally Posted By Legz422⏩
The bolded is what I'm wondering. If salaries aren't rising who is going to be able to afford these exorbitant rent prices? It's all greed on the landlords part. I hope people jacking up rent on good renters end up with empty rentals. I am not a delusional rentcel, but I do know that I take good care of the condo I rent. Better than anyone previous to me, as it was disgusting when I moved n and I cleaned it top to bottom. Nothing is updated, it's a piece of crap condo. If my landlord jacks up my rent it's clearly just from greed. There is no valid reason to do so. If he does I'm moving and I hope it sits empty and if he finds a renter that they destroy the place.
Property taxes/insurance/etc are all going through the roof. Your landlord is not going to eat those costs. You are with rent increases. Landlords are not charity workers, they are in the business of making money. It has nothing to do with greed and everything to do with them taking on the risk of the investment and needing to see a certain dollar figure return on that investment.

As for who can afford the increases, there is someone right now with a larger apartment/house that is looking to downsize to save on rent. That someone is who will move in and take the place of the current rentcel that is being priced out. Anybody who was seriously planning to buy a house but now can't afford to with rising interest rates still needs a place to live, and they are probably in a position to pay more for rent than the lifelong rentcel who never was even considering buying.
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post 1663526363 06-27-2022, 11:46 AM
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#87
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Originally Posted By TheGoldenBull⏩
not with the economy and inflation. mass layoffs already began.


food, gas and other bills will come before rent.


good luck


Rthey will just stack like Mexicans 5 per room
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post 1663526413 06-27-2022, 11:47 AM
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rent up 16%
wages down 9% (if not 18+% like we know inflation really is)
1/4 of your buying power lost in one year.

middle class getting wrecked like never before. thanks libs.
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post 1663527133 06-27-2022, 12:01 PM
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Originally Posted By 78novacaine⏩
Property taxes/insurance/etc are all going through the roof. Your landlord is not going to eat those costs. You are with rent increases. Landlords are not charity workers, they are in the business of making money. It has nothing to do with greed and everything to do with them taking on the risk of the investment and needing to see a certain dollar figure return on that investment.

As for who can afford the increases, there is someone right now with a larger apartment/house that is looking to downsize to save on rent. That someone is who will move in and take the place of the current rentcel that is being priced out. Anybody who was seriously planning to buy a house but now can't afford to with rising interest rates still needs a place to live, and they are probably in a position to pay more for rent than the lifelong rentcel who never was even considering buying.
I would understand if property taxes and insurance went up, to add that amount to current rent, but we all know that is not what is happening. Landlords are jacking up rents much more than that. Because they're being greedy. If you have a great, reliable tenant who takes great care of your property then you shouldn't be a greedy chit.
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post 1663527253 06-27-2022, 12:04 PM
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#90
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it's over for rentcels and liencels
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