/biz/ - Business & Finance

oh noes :(((
poor baby
i hope you're able to make some money soon so that you don't end up on the street digging through trash cans and sucking dick to survive
sending hugs and kisses <3

>>55028313
>Implying I'd make it that far if they tried to kick me out.

>>55028292
>renting the same place for FIVE FUCKING YEARS
ngmi

how is that legal?

>>55028392
Why is this a problem.

The scary thing is, renting will never not become unaffordable, conditions will just change, instead of you renting an apartment by yourself, you'll be renting that same apartment with 3-5 other people, and you'll all be sharing the 1 bed, 1 bath, 1 kitchen together. That will be the norm.

If you think times are bad now with cost of living, just wait, it hasn't even started yet.

>>55028622

>>55028622
Sadly this is the reality for high immigration countries. If you don't own you're going to get cucked

>>55028292
Move out

>>55028611
If everyone kept moving around looking for the lowest rent prices, it would force rent lower due to competition between property owners. Staying in the same place just eating the rent increases just normalizes the increases. But slaves don’t want to do this because “moving is hard”. So they stay poor.

>>55028733
Moving costs are non-trivial; they're a premium on top of rent, often 4-figures when figuring in the lost deposit which has to be made up with a new lessor, which means that, year-to-year, the cost of moving tends to outweigh the cost of staying put and eating the increase.

Also this is moot because rent prices never decrease. Property managers simply offer increasingly larger "discounts" or "specials" which temporarily lower out-of-pocket costs but that preserve the base rent that future increases are based on.

What should actually happen is the institution of heavy regulations that disincentivize rent increases (or even windfall profit) and instead push maintenance and like costs directly to tenants. That way, those true costs are borne by the people who actually incur them, and there's no chance for middlemen to jack up the all-in rates on a false rational. Property investment should act more like a bond than a security.

>>55028606
Inflation is higher than 40% the past few years you fucking tard.

>>55028292
the sushi place by my house fired the cutie 1.0 and hired the spinster hag 2.0, they even only give one packet of basedsauce instead of two now and the quality of the rolls is shit now too. wtf bros it can't end like this....

It's really weird because all the places near me are offering up to 2 months free rent but refusing to lower prices, so all of them have massive amounts of vacancies and no one is filling them lol.

Landjews are about to lose everything and that's funny.

>>55029105
I've noticed this same thing. I pretty sure they're all engaging in illegal price fixing, except now there aren't any more buyers.

>>55029220
*I'm

>>55028292
What a time to be alive anon, you're a NEET on debt and there's a group of NEETs selling a currency called NEZUKO that will probably take you out of that debt by just holding some for a month or two

>>55029344
>buy the 10,000th x pump and dump shitcoin anon, its totally not a scam
how are the ponzi schemes you schizos shill not illegal yet?

>>55028688
And if you own, you'll get taxed to death, aka cucked.
Maybe swallow the piss you had in your mouth before reproducing the divide and conquer frame of the government/corporate media, (you) anon.

>>55029411
They are. Always have been.
LE doesn't hurry, because... Well, blockchain is patient, isn't it?

>>55028733
I've been renting the same place for 4 years and the rent hasn't gone up at all. I'd be a fool to take this apartment for granted. Has helped me stack a ton of fucking savings too. Florida boomer that I talk to once a year just does not care.

>>55029534
Go home pablo

Landlord Chad vs Virgin Rentie

>>55028908
Are you dumb?

if you're neet the gov should be paying your rent larper

>>55029105
Fun story, I can tell by the font that they're using the same property management software as my landlords. They're price fixing, just like with rentcafe.

>>55030912
Rentcafe? Elaborate on this anon

>>55030941
Sorry, I meant RealPage. They're all doing it though.

>>55028292
Can someone explain to me how this works?

In Europe rents are locked and may max go as much up as an index. Eg my rent has never changed since I moved in in 2014.
This makes intuitively sense to me, as I trade stability in rent vs any appreciation in real estate value.

In the US however, the renter gets a rent-increase basically yearly. So any cost upside or real estate upside is immediately passed on to the renter, while he doesn't get anything of that. The landlord basically takes zero market risk other than finding a renter, but any appreciation in value or cost increase is automatically passed on.

How is that fair? I totally get the rush/importance in the US to buy a home asap, because a renter you are essentially fucked no matter what.

>>55031188
It's not fair, but it makes more sense when you realize that the rent system in America wasn't made to provide sustainable housing, but instead to exploit and bleed dry undesirables and to provide everyone else an incentive to enter the mortgage system asap.

>>55030911
Wut

>>55031188
very litte is fair! if youre in america and not leveraging RE what are you here for then? and dont tell me its bc you secretly love niggers.

>>55030911
this. vet neets have advantage and honestly i might join the shillitary just for some funds.