Re:Making sense of what’s going on in the housing market
by UncleOxidant on Wednesday April 21, 2021 @12:19PM
(#26891673)
Depends on location. I was charging $850/mo for a detached 3BR/2BA house in 2010. I'm charging $1500/mo for the same now - and I could easily be charging $1800/mo, but I like the renters and don't want to lose them.
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Re:Making sense of what’s going on in the housing market
by pnutjam on Wednesday April 21, 2021 @12:57PM
(#26892243)
Looking at an old lease of mine, in 2007 I paid $959 for this 3bd/B style. Now they are at least $1360.
https://www.sunblest.com/floorplans.aspx
These are the best value apartments in this area. The new ones they built down the street have a $3300 list price for a 3bd.
This is an affordable midwest area.
Re:Making sense of what’s going on in the housing market
by pnutjam on Wednesday April 21, 2021 @04:17PM
(#26894878)
To clarify, the raise is about 8% over the regular inflation rate.
The bigger issue is the fact that all new stuff is not significantly different or better, but almost 3 times the price. The floor is falling out.
Re:Making sense of what’s going on in the housing market
by castlecrasher2 on Wednesday April 21, 2021 @01:30PM
(#26892764)
>I was charging $850/mo for a detached 3BR/2BA house in 2010.
Out of curiosity, what was the comparable rent in 2005/before the crash in 2008?