Re:How Many Years of Life Does That House Cost?
by jdavis703 on Friday September 08, 2017 @04:50PM
(#15203836)
Rent gets unbearable way faster than every 10 years. My first place in the Bay Area had rent jump from $1800 (uncomfortable but doable), to $2300 per month. This was after just one year of being there, and since then I've noticed that 4 years later rents in that neighborhood are now at $3300 a month for a one bedroom.
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Re:How Many Years of Life Does That House Cost?
by rconti on Friday September 08, 2017 @05:20PM
(#15204057)
And if it gets unbearable after 10 years, it's because the market went up, not because your unit went up. You can't just move to a different property in the same area and start back where you were from a rent perspective.
OTOH, I lived in Belmont CA on $2000 rent for a whole house blocks from caltrain for over 3 years, no adjustments.