4 ms·
Rising rents doesn't seem to effect the number of applicants though, every time I've viewed a place here there was a lineup of 20+ other renters there waiting a
by hackermailman 9y ago
Rising rents doesn't seem to effect the number of applicants though, every time I've viewed a place here there was a lineup of 20+ other renters there waiting as well. They pushed us through in under 10 minutes then another 20+ people showed up for the second appointment already gathering outside. There was no time to dispute the lease they dangled which stipulated you had to vacate the day the lease expired in order they could bypass provincial rent increase limits of 3.7%, and make you sign a new lease with any increase they wished.
- switch007 9y agoI wonder if breaking point be when rents exceed the means of 2 people? Something like 60% of their combined take home pay.
- humanrebar 9y agoIn urban centers, you'll just see three or four professionals per family home or apartment. The families will leave town, either to the suburbs with a soul-crushing commute or to a smaller city.
- citizens 9y agoI've seen groups of 5-6 roommates looking at 1 bedrooms in Brooklyn.
- pythonaut_16 9y agoIf the rents are high everywhere but you can still pay and you have no other options, what other choice do you have? I think in a lot of cases the choice people make is to suffer through the rent until they can either afford property or maneuver their career to let them live in lower cost areas.
- deleted 9y ago[deleted]
- asdfasdfasd333 9y agoit's called the free market.
- away2017throw 9y agoFree person such as yourself can buy freehold land and freely build a skyscraper and then freely rent out apartments and become a free billionaire.