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It’s the same story all along the west coast of the U.S. There are high CoL areas with many rentals where up until 10 years ago the climate has been mild all s
by mingus88 1y ago
It’s the same story all along the west coast of the U.S.
There are high CoL areas with many rentals where up until 10 years ago the climate has been mild all summer. Seattle, Portland, SF, down to LA.
Landlords have no desire to update their properties. Why would they when the investment home they bought in 1980 for $70k is now worth 1.5M and bringing in $3000/mo in income? That’s just taking money out of their poor empty pockets.
There are many trending indicators I can see building up toward a big anti-capitalist movement and this kind of thing is top of mind. The utter disregard some landlords have toward the well being of their tenants…