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I honestly can't believe that rent has doubled in my city in less than 20 years.

I'm looking to move out of my current shitbox apartment and was searching on Craigslist for a new place when I stumbled upon a listing for a unit in my very first apartment building that I got on my own back in 2003. It was a shitty efficiency in a shitty part of the city and I paid $325 a month. Now apartments in that unit are going for $650 with ZERO upgrades.

$650 for an EFFICIENCY - a single room with a tiny kitchenette, small bathroom and a walk in closet.

In my area, 1 bedrooms and 2 bedrooms are currently priced around a $100 difference, and some within the same neighborhood.

Rents are getting out of control and my landlord just raised mine 4%..

EDIT: Pics for reference:

https://pic8.co/sh/81BrcQ.png

https://pic8.co/sh/1IkKsM.png

https://pic8.co/sh/Px0aZC.png

I honestly can't believe that rent has doubled in my city in less than 20 years. I'm looking to move out of my current shitbox apartment and was searching on Craigslist for a new place when I stumbled upon a listing for a unit in my very first apartment building that I got on my own back in 2003. It was a shitty efficiency in a shitty part of the city and I paid $325 a month. Now apartments in that unit are going for $650 with ZERO upgrades. $650 for an EFFICIENCY - a single room with a tiny kitchenette, small bathroom and a walk in closet. In my area, 1 bedrooms and 2 bedrooms are currently priced around a $100 difference, and some within the same neighborhood. Rents are getting out of control and my landlord just raised mine 4%.. **EDIT:** Pics for reference: https://pic8.co/sh/81BrcQ.png https://pic8.co/sh/1IkKsM.png https://pic8.co/sh/Px0aZC.png

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[–] • 0 pt

"You want 2% per year "growth" in a home" is what I grew up with. Anything more than that meant that you're area was seeing to many "developments" from multi-family homes (apartments/condos/trailer parks) and seeing less than the 2% meant your area was going to see/seeing a decline in businesses.

Today it doesn't matter as the entire "market" is 100% jewed to the max and these increases are about using the taxpayers to fund their schemes.

You can't allow 5 million niggers/spics in every 2 years and expect the costs to be regulated on any level. Land and water are the only 2 assets worth having. Period.

[–] • 0 pt

You're right about land & water being the only real assets, but taxes keep going up no matter where you live. And if you build anything the taxes go up more! There's no tax-free land in the US or any of its territories. And the United States was formed to escape the taxes of England. This country is a farce operated by hypocrites.

[–] • 0 pt

I wasn't providing a solution, I was offering up my opinion as to what it was , what it was built on , and that the bill has come due.