kingshrubb@lemmy.world to News@lemmy.world · 10 months agoA record number of Americans can’t afford their rent. Lawmakers are scrambling to helpapnews.comexternal-linkmessage-square26fedilinkarrow-up121arrow-down11cross-posted to: news@lemmy.world
arrow-up120arrow-down1external-linkA record number of Americans can’t afford their rent. Lawmakers are scrambling to helpapnews.comkingshrubb@lemmy.world to News@lemmy.world · 10 months agomessage-square26fedilinkcross-posted to: news@lemmy.world
minus-squarejordanlund@lemmy.worldlinkfedilinkarrow-up0·10 months agoYeah, and there have also been weird things with cutoff dates. There was one year where the cut off was just before the highest inflation, so landlords increased prices as high as they could to make up for “missing” the inflation bump: https://www.opb.org/article/2022/09/13/oregon-maximum-rent-increase-announced/ I am so lucky I got out when I did. I had been renting a 3 bedroom apartment for $1,800 a month. In 2021, I took the cash I banked working from home and bought a 3 bedroom house. Mortgage is $2,000 a month. My old apartment is now $2,300 a month.
Yeah, and there have also been weird things with cutoff dates. There was one year where the cut off was just before the highest inflation, so landlords increased prices as high as they could to make up for “missing” the inflation bump:
https://www.opb.org/article/2022/09/13/oregon-maximum-rent-increase-announced/
I am so lucky I got out when I did. I had been renting a 3 bedroom apartment for $1,800 a month.
In 2021, I took the cash I banked working from home and bought a 3 bedroom house. Mortgage is $2,000 a month.
My old apartment is now $2,300 a month.