I actually built a website because of rising rents to help tenants evaluate landlords and negotiate rents.
It's like a Glassdoor for Rents so tenants can see the Rent History of an address or Apartment property to see a landlords pricing tactics.
The site does rely on user submissions so I appreciate anyone who adds their rent history to the site and/or shares it around since it can be more useful to tenants the more people that contribute to it.
The site is [rentzed.com](http://rentzed.com) (USA only for now) and has submissions for over 3,400 addresses.
But we passed all these anti landlord laws, new property taxes AND created yet another unfunded social housing developer! We just can’t figure out why rents keep going up! Are you telling me that you can’t make housing cheaper by making housing more expensive? surprise pikachu
California has been a blue state, controlling all branches for decades, and they haven't solved housing.
https://en.m.wikipedia.org/wiki/California_Democratic_Party#:~:text=As%20of%20December%202022%2C%20Democrats,the%20Senate%20continuously%20since%201956.
Yeah dude, when taxes on a single property went up 250 a month, and insurance ripped higher, it's hard to imagine rents not going up quite a bit. Greedy landlords & Beneficent politicians... Right?
Rents are up because property taxes are up and insurance is way up. People act like we’re all greedy rich elites. I’m working class and drive an old 4Runner.
My tenant is responsible for paying to the rent we agree upon which I determine based on market rates. If you are complaining about the costs of rents in a major metropolitan area, YOU need a better job or YOU need to move. If you can’t understand a correlation between expenses and subsequent cost to consumer, this conversation is far beyond the scope of your comprehension and you have been failed by those entrusted to educate you.
Exactly. A lot of people here rent BECAUSE they can’t afford to buy—neither the initial down payment, nor the monthly costs associated with home ownership. WizzyThing’s response for me is to get a better paying job as though if property management is not a career path. Like there are literally employees working in the offices of large apartment complexes. It is a business, so it has to at least be profitable to be sustainable. You can only be profitable if your revenue exceeds your expenses. It’s really quite simple in theory.
Our current place (income restricted 3 bed/2 bath) is $2,368. When we moved in 2021, it was $1,868.
So over the course of 3 years our rent increased by $500. I don’t know if that’s good, normal, or awful.
I just know that we still pay less than market rate.
Half the time, nope. And the security gates they’ve installed aren’t even workable yet. I asked the office, they said their electrician was having trouble “integrating” the gates to the rest of their grid.
All the money they charge us, you think we’d have working things lol
Guys you have to catch on to “peak season” pricing lol. The rates do not look like this throughout the fall and winter, only the spring and summer. A lot of people move during the summer time, so the rates are higher. It’s been like this for a long time
Not a single commentator on here willing to even mention Realpage and the mass amount of property management / non-local ownership groups that use the algorithmic tool to manipulate vacancy rates and maximize rent prices increases based off that.
High rents are like 95% supply and demand, 5% anticompetitive behavior.
Sure, go ahead crack down on landlords colluding to raise rents, but ultimately that'll make very little difference. The whole country just needs to build more housing.
So you don’t think that outsourcing the setting of rent prices to a single company that sets the rent on 90% of all rentals would lead to price fixing, aka anticompetitive behavior? Because that’s what is happening. The company in question is RealPage. Humans don’t set rental prices. A single algorithm does.
I actually built a website because of rising rents to help tenants evaluate landlords and negotiate rents. It's like a Glassdoor for Rents so tenants can see the Rent History of an address or Apartment property to see a landlords pricing tactics. The site does rely on user submissions so I appreciate anyone who adds their rent history to the site and/or shares it around since it can be more useful to tenants the more people that contribute to it. The site is [rentzed.com](http://rentzed.com) (USA only for now) and has submissions for over 3,400 addresses.
You’re doing the Lord’s work over here ❤️
Just scrape all the rent sites man. Apartments, padmapper, etc...
I hope this catches on
Submitted 🙂
Good idea, just added mine
Pretty grateful for year 3 of no increase after reading this.
But we passed all these anti landlord laws, new property taxes AND created yet another unfunded social housing developer! We just can’t figure out why rents keep going up! Are you telling me that you can’t make housing cheaper by making housing more expensive? surprise pikachu
California has been a blue state, controlling all branches for decades, and they haven't solved housing. https://en.m.wikipedia.org/wiki/California_Democratic_Party#:~:text=As%20of%20December%202022%2C%20Democrats,the%20Senate%20continuously%20since%201956.
Year over year growth of 1.3% in a 3.4% inflation enviroment is decreasing rent in real terms.
Yeah dude, when taxes on a single property went up 250 a month, and insurance ripped higher, it's hard to imagine rents not going up quite a bit. Greedy landlords & Beneficent politicians... Right?
Yes, when taxes or wages goes up, everything else follows.
In other news, water is wet.
Literally saw an apartment building near me add 1k to the rent total. Was blown away
TELL PEOPLE TO STOP MOVING UP HERE CALIFORNIA IS MUCH BETTER!
Must be time to increase minimum wage and property taxes again.
That doesn't do anything
Rents are up because property taxes are up and insurance is way up. People act like we’re all greedy rich elites. I’m working class and drive an old 4Runner.
Your tenant is not responsible to pay for your taxes and insurance, get a better job.
My tenant is responsible for paying to the rent we agree upon which I determine based on market rates. If you are complaining about the costs of rents in a major metropolitan area, YOU need a better job or YOU need to move. If you can’t understand a correlation between expenses and subsequent cost to consumer, this conversation is far beyond the scope of your comprehension and you have been failed by those entrusted to educate you.
[удалено]
Exactly. A lot of people here rent BECAUSE they can’t afford to buy—neither the initial down payment, nor the monthly costs associated with home ownership. WizzyThing’s response for me is to get a better paying job as though if property management is not a career path. Like there are literally employees working in the offices of large apartment complexes. It is a business, so it has to at least be profitable to be sustainable. You can only be profitable if your revenue exceeds your expenses. It’s really quite simple in theory.
Don’t rents generally get more expensive as it gets into the summer months?
Our current place (income restricted 3 bed/2 bath) is $2,368. When we moved in 2021, it was $1,868. So over the course of 3 years our rent increased by $500. I don’t know if that’s good, normal, or awful. I just know that we still pay less than market rate.
FBV?
Haha, yes. $100 to park is an entire scam. They circumvented the city council’s decision to not charge residents. Very shitty imo
Hey neighbor. They charge and the gate doesn’t even work
Half the time, nope. And the security gates they’ve installed aren’t even workable yet. I asked the office, they said their electrician was having trouble “integrating” the gates to the rest of their grid. All the money they charge us, you think we’d have working things lol
Have you joined the Facebook group? A lot of good info in there
No, I don’t have Facebook. There was a discord for residents started by a resident, but I’m not sure if it’s still around.
Guys you have to catch on to “peak season” pricing lol. The rates do not look like this throughout the fall and winter, only the spring and summer. A lot of people move during the summer time, so the rates are higher. It’s been like this for a long time
When I moved to Seattle I lived in Issaquah because it was slightly cheaper than Seattle. The fact that it is more expensive is insane to me.
School district
It should be illegal to own more than one home. That would solve the housing crisis quick. We all know that's not happening though.
Not my gfs rent or the apartment i formally rented, both 200$ lower than last year
Not a single commentator on here willing to even mention Realpage and the mass amount of property management / non-local ownership groups that use the algorithmic tool to manipulate vacancy rates and maximize rent prices increases based off that.
Housing cartels.
High rents are like 95% supply and demand, 5% anticompetitive behavior. Sure, go ahead crack down on landlords colluding to raise rents, but ultimately that'll make very little difference. The whole country just needs to build more housing.
So you don’t think that outsourcing the setting of rent prices to a single company that sets the rent on 90% of all rentals would lead to price fixing, aka anticompetitive behavior? Because that’s what is happening. The company in question is RealPage. Humans don’t set rental prices. A single algorithm does.