3 ms·
That is a rather broad question IMO. I do not own a home due a perfect storm of things (tragedies, health issues, etc), despite making north of 200k/year for ma
by eek2121 3y ago
That is a rather broad question IMO. I do not own a home due a perfect storm of things (tragedies, health issues, etc), despite making north of 200k/year for many years.
My rent in my single family home has only ever gone up when we had a large property tax increase in the area. I actually looked the increase up for our place and the landlord ate most of the cost. They have NOT raised rent outside of that. They are super responsive to repairs and stuff as well.
Broadly, I'm sure rent prices are on the rise, but there are many reasons for that, with rent comparison/adjustment software being a big part of that.
I have alluded to this on social media platforms, but really, the only permanent solution to stopping explosive price increases on renting or buying. We did this for health insurance and it really did a lot (more than most people realize), if property sales and rent were limited to say, inflation, or even inflation + 5% I suspect things would change quickly.