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49552291 No.49552291 [Reply] [Original]

How are the rental markets near you? Have they been raising rates? I am tempted to buy into some REIT companies that specialize in rentals because they are making so much more profit now that they can raise rates with the inflation excuse and make more money than ever.

>> No.49552855

>>49552291
Apparently the rental rates here are up 20-30% according to news/stats. I rent from a big company and mine only went up 5%. I spent a couple months pissed planning to move assuming mine would go up that much too

>> No.49553200

>>49552291

It's going to go great until the recession hits and people get hours cut or no pay raises and then no one pays rent. Then the jewish media will run stories about jewish landlords losing money and how big of a tragedy it is.

>> No.49553863

>>49553200
so? When have rental companies ever cut back rent once it's been raised? Sure they may stop raising it for a bit, but I don't think I have ever seen rental prices go down, with the US median rent now at $2,000 I expect most rental companies to be making tons of cash.

>> No.49554117

>>49552291
>>49552855
>>49553200
>>49553863
>No worrys, goyim, rent is ONLY $2000/month. In a couple of weeks, that will be a steal...

>...So we will raise prices on you again.

>> No.49554212

>renting
Just stop being poor, Anon.

>> No.49554317
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49554317

>>49552291
Katherine Kamaunu, 71, has lived at Lahaina Crossroads Apartments for more than 35 years.

Now, she and her husband, Aaron Kamaunu, 60, are being forced out of the complex, along with nearly 20 other families — a handful of whom are kūpuna on fixed incomes.

“To have my life ripped out from under me is not what I planned,” she said.

The Kamaunus and other tenants said Lahaina Crossroads Apartments ownership is kicking them out to renovate — then charge nearly double the rent. After all, units are located a couple blocks mauka of Front Street and outsiders are paying outrageous prices to live in Hawaiʻi, they said.

The 767 Luakini St. complex is managed by Kokua Realty LLC, which sent a letter to the Kamaunus, saying they have until June 30 to vacate.

Rent will go from about $1,220 to $2,200 for a one bedroom in the 20-unit apartment building, which has some two-bedroom units, tenants said. The Kamaunus live on the fourth story, and phased renovations will force people out floor by floor.

With low housing inventory on the west side, retirees, nurses, teachers, service industry workers and others at Lahaina Crossroads are left scrambling for places.

Freeman Tam Lung, 79, said he’s been living at Lahaina Crossroads for nearly 20 years and he doesn’t know what he will do next.

“I gotta go homeless then,” said Tam Lung.

He said he could try and move to Kentucky where his son lives, but he wants to stay in Lahaina, where he is from.

“I was born here — I want to be buried here,” said Tam Lung, a Native HawaMaui’s housing crisis is displacing elderly people.

“Being evicted so they can renovate it and then move it to $2,200, $2,250 — we can’t afford that, we just can’t afford that,” he said.

His wife, Katherine Kamaunu, said she’s been crying all the time.

“My husband is Hawaiian for Christ’s sake, and he can’t even live on this island,” she said. “People are greedy, money hungry.”

>> No.49554350
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49554350

>>49552291
Coworker bitching about how she can no longer move from Arizona to Texas. Lol

>> No.49554956

>>49552291
One day there will be gangs of zoomers tracking down slumlords and beating them in the streets. Most of their addresses are public information.
Better stock up landcuck we're coming for you

>> No.49554985

>>49554956
>beating up

good thing I carry though honestly you basedboy zoomers are so limp wristed I bet it wouldn't even hurt if you tried to punch me.

>> No.49555040

>>49554985
Nigger we'll have guns it's called words and context it's pretty obvious what I meant but you decided to play semantics to try and act like you aren't scared.

You're fucking trembling, you know people hate you and it's only a matter of time before there's bullet holes flying through your front window and you are faced with return fire or protect your family. I hope you all get burned alive. Sneed and dial 8 in your last breath landie it's coming and there's nothing you can do to stop it.

>> No.49555106

>>49552291
my rent went up 20% last year and 10% this year. i hope someone minecrafts my literal jewish landlord corporation.

>> No.49555249

>>49555040
oh please, serfs like you have been paying landowners rent for millennia, you are too pussy to do anything other than whine on the internet, I just want you to know that the extra money I am getting from my rentals this year is being well spent on paying for my new lakehouse.

>> No.49556039

>>49553863
>When have rental companies ever cut back rent once it's been raised?
Only when the units have been sitting vacant. But they usually sit vacant for a long time. I knew someone that live in a new apartment building and it had about 60% vacancy for years and they refused to lower rent because they probably had a contract with the Jewish bankers on minimum rent.

>> No.49556095

>>49552291
Jesus you fucking retards. Their equity has been getting nuked for months from rates. These companies have much shorter maturity debt than 15-30 years and most of them also leverage MBS too. Every single one has had their market cap nuked. On top of this, their depreciation figures in their reports, nor their capex figures are keeping up with building costs.
>t. Commercial real estate appraiser in one of the biggest markets for these companies

>> No.49556119

>>49553863
They won't unless the fed actually allows 30s style deflation. Their costs are the problem and higher financing costs are only beginning to get factored in and higher building costs for depreciation are not at all factored in. They won't be able to raise rates to account for this, which is why their equity is getting nuked on good news

>> No.49556123

>>49552855
In the city I live there is a limit to how much landlords can increase your rent when you renew your less. They've been no-fault evicting people because then they can increase rent as much as they want for the new lease/new tenant. It's gotten so bad the city council put a moratorium on no fault evictions

>> No.49556166

I was recently lurking for a rental unit in a new area for work ~2 weeks ago and it was listed as $1400 USD, recently did it again for the same unit and is now listed as $1800 USD.

>> No.49556318

>>49552291
Rents are way up but we have rent control so any existing renters only get hit with a 2% increase at most per year. New renters get rekt. I'm renting a place at $1550/month right now but if someone new wanted to rent it they'd have to pay $2300/month.

For small landlords it's great because they can evict any tenant they want, just say they or a family member is going to move in and the tenant has to leave. Then they just stay there for a few months before renting it out again.

For larger landlords that own/manage multiple properties it sucks for them, they can't evict someone easily, so they're stuck with people paying low rent prices.

What I don't get is how the fuck zoomers are able to survive kek salaries haven't increased that much

>> No.49556358

>>49554350
My apartment in DFW tried doing a 30% YOY increase. Glad my contract is up and I’m leaving this shithole next week.

>> No.49556404

>>49552291
Daily reminder that landlords are dicks who sucks bags of dicks

>> No.49556456

>>49552291
times like this i'm glad my landlord is a senile old man who likes to be paid in cash, £300 a month and i don't think he knows what year it is

>> No.49556550
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49556550

>>49552291
My rental company here in Finland could have raised my rent by more than 5% as stated in the contract but they only raised it by 1.5% which is pretty standard.

>> No.49556754
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49556754

>>49552291
>vulnerable
What constitutes as vulnerable?
>>49555249
As a zoomie who made sure to have good relations with my relatives I approve of drunk druggies being fleeced keep up the good work anon.

>> No.49556808

Not in US. But Norway. Recently listed one of my units for 1400 dollars, 2 bedrooms. It was 100 dollars higher than what I rented it out for last year. Instant responses. Had to take the ad down, gonna relist it for 1600 in a couple of weeks when the students arrive in FOMO.

>> No.49556904
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49556904

>>49552855
mine went up 40% and i moved back in with my parents. If i were to try re-renting again there they would deny me based on my income being too little. Same exact room

>> No.49557665
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49557665

>>49552291
i want to see:
>900% increase in rent
>mass homelessness of EMPLOYED americans
>uprising and eventual public lynching of rent-seeking boomers

>> No.49557695

>>49556404
>T. Seething rentoid.
In my country home ownership is over 80% and the 20% are niggers and immigrants and a few young people. I never understood US mentality of being a perma rentoid. You literaly had 13 years since 2008 to get good low interest rates on a mortgage, so unless youre born after 2000byou have almost no excuse

>> No.49558572

>>49555249
>serfs like you have been paying landowners rent for millennia
Upper class people get murdered in riots all the time. That's also happened for millennia.

>> No.49560126

>>49558572
nice fantasy you have there, too bad it will never happen, now get back to work to pay that rent serf

>> No.49560181

>>49557695
You live in Africa

>> No.49560311

>>49558572
How much of a poorfaggot are you where the word landlord and upper class are synonymous?

>> No.49560978

>>49556039
>units have been sitting vacant
oy vey! we need to bring in 10 million more third world immigrants asap

>> No.49561064

>>49560978
You joke but this is unironically the stance of the nations most respected RE research firm

>> No.49561102

>>49552855
What state?

>> No.49561291

>>49552291
Surely these people will be thrown in jail like Shrekli

>> No.49561327
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49561327

>>49560311
>How much of a poorfaggot are you where the word landlord and upper class are synonymous?
What do you think a Kulak is?

>> No.49561402

>>49552291
As a cucknadian I can only increase my rent a set amount each year, that amount is very below inflation and market valuation. Some renters are getting 50% cheaper then others that live in the same building and in identical units just because I can’t get rid of them or increase rent on them because the laws here

>> No.49561480

>>49552291
hope you all enjoyed your stimulus checks and free unemployment. gotta give it back and get back in the cagie, wagie.

>> No.49561502

>>49561402
Based leafs controlling the boomers

>> No.49561527

>>49561327
>kulakization
>upper class using the lower class to destroy the middle class
>implying this isn't what the jews want

>> No.49561589

>>49554956
zoomers didn't take the millenial pill and live with their parents until they can buy a house.

kek. kekmao

>> No.49561607
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49561607

>>49561527
At this point it doesn't matter
If the middle class all get destroyed it'll simply be justified
Those who live their lives ignorant of the things that surround them deserve to have the mob crush them down

You can only hide at the top of the hill for so long looking down on the murlocs

>> No.49561631

>>49554956
>>49555040
>>49555106
>>49556404
>>49557665
>>49558572
> I won’t buy in this economy
> It’s better to rent and wait it out
> I’ll have the freedom to move whenever I want
> Noooo you can’t raise the rent
> Noooo I can’t find a place in the same area
> Noooo the rent prices increased by 40% in a year
> How dare they be more financially successful in this economy
> How dare they capitalize on demand and supply
> This is America, they should be socialists and suppress prices so I can afford a home to rent
> I wish all of the landlords would get murdered
Literally just a bunch of jealous little cucks who’s financial decision didn’t play out as well as they hoped, and are very directly experiencing the serf life.

>> No.49562165
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49562165

>>49552291
This is probably the greed phase of the run up. Just let it run its course. There is a tone of rental properties hitting the market over the next six months. You probably see small time land lord prices collapse in some of these markets. There are like a million homes being completed this year too. Well probably peek late this year and start to see prices flat line or drop next year.

>> No.49562228
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49562228

I'm renting from an old couple who haven't increased the rent since 2018. I pay on time every month and fix everything myself. The apartment is worth $600k and renting it is less than half of what it would cost monthly to mortgagecuck into it.

>> No.49562280
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49562280

>>49561631
>defending rent seeking behavior

>> No.49562440

>>49561589
you have stockholm syndrome for a predatory system

>> No.49562479

>>49561631
>defending a system where home ownership is a lottery

>> No.49562632

>>49552291
>How are the rental markets near you? Have they been raising rates?
Guy at work told me they're raising his rent 12.something percent so he wants to move, oddly enough my place didn't increase my rent at all
>still paying $1179/mo

>> No.49563046

>>49554317
imagine being a rentoid for 35 years

>> No.49563113

>>49562280
> Using a 17th century out of context quote
You aren’t renting land alone, but the building as well. You are free to rent a plot of land in buttfuck nowhere and pitch a tent while you defecate in the woods and use a bucket to fetch “fresh” water from the well/river three times a day. You can use charcoal filters to clean it like they did in the times of your retarded out of context quote.

>>49562479
Start a new community somewhere. Try to not make it about killing people or fucking a bunch of minors. Make sure you buy the first home. Take a risk, that’s what the people who own your rental home did.

>> No.49563122

>>49554956
>zoomers tracking down slumlords
>Most of their addresses are public information
is this common in america?
is there a public database with the private details of all people who have ever rented their property?

or is this just some weird rentoid violent incel fantasy

>> No.49563141

>>49560181
american rentoids getting mogged by actual third worlders now lmao

>> No.49563155

>>49563122
Most addresses in America have associated names which can be found with any number of online resources, and vice versa.

>> No.49563164

>>49553200
No, they will blame oppressive whites a about Queen shaneegra being unable to feed her 8 kids while the father is in jail and she smokes crack everyday

>> No.49563205

>>49563155
ah i get it
so rentoid fantasize about discriminately attacking anyone who owns property, regardless of whether they rent or not

>> No.49563553

>>49563205
I unironically think so, yes. The sight of somebody else’s successful investment that’s been increasing in value over the past 60 years staring them in the face everyday while they have maybe a single digit percent of it’s value makes them seethe beyond believe.

They want it, but the best they can do is pay somebody else to just kinda exist in their asset while they effectively pay for it with rent money, which makes them seethe even more.

>> No.49564260

>>49556119
>>49553863
Rent went way down during the coronavirus exodus from cities.

>> No.49564386

>>49557665
>it's the landlord's fault the government pumped trillions into housing market and artificially restricted supply leading to massive price increases

>> No.49564408

>>49562280
>retarded marxist doesn't understand what rent seeking is
>retarded marxioid believes in outdated theories like the labor theory of value and pretends adam smith is the king of capitalism or something

>> No.49564451
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49564451

Landchad here.
It's hilarious how leftists think we somehow magically control rent rates lmao
Anyway, rent is still due.

>> No.49564487
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49564487

>>49564451
Based

>> No.49564494

>>49561291
they're not CAUSING the issue you absolute moron holy fuck
you people deserve to starve to death from the inflation the policies you supported created

>> No.49564701

I want everyone out on the street, homeless. Even people making high 5 figures.

>> No.49564773

>>49562479
>home ownership is a lottery
65% of the population is home owners
If that's the chances of winning, I'd say this is the best lottery ever.
Have you considered the fact you're just a fucking loser?

>>49554317
How am I supposed to feel sympathy for these people?
Should we continue to let them live there at discounted rent, meanwhile people who have more money and contributed to society more are fucked out of a place to live?
Fuck these people.

>> No.49564806
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49564806

>>49552291
If you are about to get evicted, please make sure you DON'T introduce noxious weeds before you leave!

>> No.49564814

>>49554956
>Better stock up landcuck we're coming for you
HAHAHAHAHAHAHA

>>49555040
>You're fucking trembling, you know people hate you and it's only a matter of time before there's bullet holes flying through your front window
HAHAHAHAHAHAHAHHAHA
RENTKEK ABSOLUTELY SEETHING AND COMING UP WITH DERANGED FANTASIES

>> No.49564828

>>49554317
>Be renter for decades
>In the most expensive state
>During the best economy in history or future
Are we supposed to feel sorry for them? My state is also a foreign Hellhole now too, but I'll never have 30 years of cheap rent on a tropical fucking island to compensate

>> No.49564873

>>49564806
You don't hate landlords, you hate your parents.

>> No.49564962

>>49552291
Gross Income: $1.00
Expenses: $0.98
NET INCOME $0.02
>Raise rents on 'vulnerable consumers' by 1%
Gross Income: $1.01
Expenses: $0.98
NET INCOME $0.03
>OMG NET INCOME JUMPS 50% !!1!

>> No.49565038

>>49552291
i can't believe lefties are trying to enact price controls by trying to bully people with propaganda about how people who won't keep prices low are evil jerks. like, holy shit, why can't we just pass laws like normal societies? why do our policy decisions have to get enacted by the press?
this country is an absolute fucking circus

>> No.49565073

>>49565038
the leftists CAUSED this crisis by printing endless money creating a housing boom and using the government to destroy any new housing construction
now they want PRICE CONTROLS, the thing that gets implemented when everything falls apart
the thing that has failed every single fucking time

>> No.49565113

>>49554317
>they had to go to fucking Hawaii for a sob story

>> No.49565146

>>49555040
Cringe.

>> No.49565257

>>49552291
Rents have gone up in my city (kansas city) but moreso than that there's just hardly any apartments available. Not much new construction since 2008. It's hard to find anything that's not in the suburbs. And what is in the suburbs, the prices are the same as you'd pay near the city center (Which became nice over the past decade).

I literally moved out of my city to somewhere 3 hours away for cheaper rent, not sure if my company is raising rent on me later this year, but if they do I'll probably just leave and move in with my parents again