I literally pay $100 more to live in a much shittier garage than this…
Rent is getting absolutely disgusting. I was JUST getting a promotion that would allow me to afford a house and then COVID fucked literally everything… The WFH movement started in full swing and bye bye affordable housing… Now I’m permanently locked out of the housing market as a blue collar piece of shit.
The rate of increase is mind blowing. I used to rent a 1br luxury apartment for $1100 back in 2016.
We rented a sizable 2-bedroom apartment in a good area of North Hollywood, CA’s arts district for $1200 a month 10 years ago. I don’t even want to know how much it’s going for now.
About 15 years ago, we had 1200 sq ft apartment with a nice deck that overlooked some woods and ponds at the bottom of the hill. It was $800 a month and we afforded it just fine. Now, I make almost double what I made then, and we live in a 900 sq ft apartment that stares down into a parking lot, has creaky floors, barely functioning appliances, and we pay $2000. The old apartment was $5.2k a month last time I checked (early 2022).
My cousin has a rent-controlled studio apartment in LA that he pays something like $900 a month for. I didn’t even know rent control was a thing anywhere in LA but apparently it is and his rent can only go up 2% or so a year. The only negative is that he’s basically stuck in this little place for the rest of his life.
Same here, me and my GF make enough money now to afford housing 3 years ago, but now we’re priced out of even renting! it’s bullshit.
It’s so gross that we literally need 2 incomes, sometimes more just to afford a place to sleep… I’m perpetually single so I need to do it all solo. Good luck I hope you guys find something soon!
Gas station attendants could afford houses while their wives stayed at home and did the housework. That’s how ridiculous it’s gotten.
In Switzerland I could kill someone and have a better living arrangement than in this picture (look up swiss prisons)
I pay 1k for roughly 740 square feet / 69 m2. Covid didn’t change anything. It’s wild that things can be so vastly different for two similary rich countries (I kinda assume the post is in the USA).
I might have to commit a crime in Switzerland. Is criminal tourism such a thing?
This varies widely across the US. Some areas are like this while others have booming economies with plenty of housing. It’s a big place.
I’m confused. The WFH movement should be flushing people AWAY from city centers, which should mean less pressure in already expensive areas. That’s something that should make affordable housing more common.
Those people go move to the small towns with limited housing, and jack up the prices there. Happened in Ontario, houses are passing a million dollars over an hour away from Toronto, when those houses used to go in the low hundred thousands.
That’s the cost of my mortgage, and I have a 6 bedroom house.
It’s actually super pretty. Give me a stable internet connection and I could live in the back woods of Wyoming happily.
Depending on where it’s located, this could be considered a bargain. I’ve seen basement closets for $700+/month that didn’t have windows or a kitchen.
EDIT: I should add that this wasn’t in a large city. https://www.zillow.com/homedetails/1042-Winthrop-St-BASEMENT-Brooklyn-NY-11212/2061307902_zpid/ is an example of $1,200/month in NYC.
I’ve seen basement closets for $700+/month that didn’t have windows or a kitchen.
Huh. Fun fact, the International Building Code is a “model code” that’s adopted as the basis for building code by most jurisdictions in the USA. Meaning if you’re in the USA it’s more likely-than-not code where you live.
Another fun fact: there are egress requirements for basement that contain “sleeping rooms” (R310.1). Essentially, you need a minimum 1 normal means of egress and 1 emergency escape and rescue opening unless the building is equipped with an automatic sprinkler system – and your local code might have even stricter requirements.
This is a disturbingly common code violation by people trying to rent out their basement. It would be a real shame if someone were to read up on their local code and report suspected illegal basement conversions to local code enforcement or the fire inspector.
I once paid $600 for a single room in someone else’s house. This shit really is getting out of control.
Now I’m at $1340 for a garage… As the other person said, we’re literally paying their mortgage, but can’t afford our own… Thanks COVID! Not only did it kill tons of people, it killed the housing market too.
I pay almost $2000 a month for a 600-square foot one-bedroom apartment.
Wish I’d bought a house ten years ago.
Yeah. I didn’t realize it was a good time to buy, I just bought when the timing was right for me. I have no idea how or if other people will get this kind of opportunity for home ownership again. Here’s to keeping up the house and property to give to my kids as inheritance. Cheers!
This kicks ass , but price range doesn’t
Lol right? I would love to be able to open up one of my walls on a nice day. But yeah, fuck that price for a garage
I’d be worried about insulation (really worried), but otherwise this would be fantastic as a bachelor pad if it were about a third of the price.
As it stands, what the fuck
Unless there’s more shown than in that photo, that’s a not a 1 BR, that’s a studio. And a crappy and overpriced one at that.