News for hackers. Stuff that matters.
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.
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?