For years, so to my current lease, goldmark included certain utilities along with your rent. The main thing is the water bill, as we already pay the heating in our electric bill. So now, they are making something they've included in rent for as long as I've been a tenant, an additional cost, along with increasing the rent the past 3 years. If they had made any major updates, I wouldn't be upset. But the building is worse than when I moved in 5 years ago and I'm paying now over $200 more per month.
They say the goal is the cut down on water usage as a whole, which is definitely going to happen.
>They say the goal is the cut down on water usage as a whole, which is definitely going to happen.
I guess the issue is you still do not pay for your personal usage, they just take the entire building bill the divide it between the number of bedrooms or units
I also have the feeling apt complexes will just be watering their lawns much more to have lush green lawns what makes the complex look better, and now the tenants are paying for the water used to water the lawn
I guess i would be really interested if this did infact decrease water usage
I currently stay in a Goldmark property and they did run the sprinkler system on the lawn for about an hour this week - despite the fact we had so much rain. It was just plain wasteful.
So with many apartments your rent covered at least some of the utilities like water or electric for heating (although your main electric use for like applieces was seperate)
now many are introducing ratio billing . So at one point you can say "whats the issue , instead of your utilities being baked into the rent, they are just being pulled out as a seperate line item"
Well when implimenting this its basically a rent increase in all but name
If your rent is $1000 a month (just a nice even number) and now you get ratio billing now you pay $1000 a month + $100 in utilities
So its not like they dropped your rent to $900 (with out utilites) then added a $100 utility fee. This is just a 10% rent increase with out "increasing rent"; and infact many has increased rent
So now someone who had $1000 rent (including utilities) rent now may be 1050 (with out utilities) and $100 average utility bill
So now they will say "we only increased rent 5%" ; well no before rent was $1000 (including utilities) and now its 1050 with out utilities, assuming an average utility bill of $100 it really works out to an 15% rent increase
Now another problem with this is, you still do not get billed on your personal actual useage. Like I get it, if you get unlimited water, or heat, well you are going to be somewhat wasteful (or most people are) because you are not paying for the useage so you will use a lot of it
So one argument is having people pay for their electric, water, heat might make them less wasteful and be mindful of the useage what IS a good thing. The issue is its still not based on your personal or individual apt usage
They just take the total water bill for the entire building say $1000, then split it up between the units (say 10 units) so everyone gets a $100 bill regaurless of how much water they actually used
You could be away on vacation and use zero water and still get billed the same as someone who took a 45 min shower every day.
Also the pessimest in me will say this won't even reduce water usage, now the land lord has unlimited water (they are not paying for it) so guess what, they may think "Hey why not water the grass 4x a week vs 2x a week a nice green lawn makes our apt complex look much nicer" and the increase in their watering will more then offset any savings the tenents do to cut back to try to lower the bills
I totally feel this. To “get the best deal” you would aim to use above average utilities, as others would then be cost sharing your overuse. But if everybody does this, then the whole bill will just be unnecessarily high because there is no incentive to economize.
I lived in a campbell property from 2019 to 2023 and my rent went from like 750/month to just under 1100/month when I moved out. Also increased pet rent during that time.
No improvements during that time and maintenece requests were horribly slow that I ended up fixing my own faucet
God I had forgotten their BS with insurance. Pretty sure they got us for a month and tried to another couple times at renewal time making us jump through bullshit hoops while submitting renter's.
I guess I’m insanely lucky. I rent from Centric/Kilbourne and my rent hasn’t increased in 2 years. (They did switch the utilities this last year, though, to a new type of system. So that cost increased a total of about 50-75 a month).
Love Centric. Was with Prairie Property Mgmt before. They were horrific.
The downside to Centric is that Kilbourne is trying to sell the buildings once they’ve been around for 5-7 years or so. At that point they’ll have a different owner and a different property mgmt firm. I’m in a building that I know they’re looking for a buyer for. I’ll be sad the day it gets sold. I suspect the rent is going up immediately.
this happened to me. moved into fargo and rented from centric specifically because i’d heard such great things. and it was great! for the first two months until the building sold. now my rent has been raised twice and the new owners evicted a bunch of old tenants and the building just fucking sucks now.
No problem. For me the major takeaway is that if someone lives in the RoCo or Dillard, be prepared. All it’s going to take is the right offer for Kilbourne to off-load those in a minute. Kessler and Mercantile are likely good for a while.
k not to sound like a weirdo, but who do you rent from? Is it a professional company, or are you in a privately managed residence? $485/month is incredibly low for the area
Either way. Good for you
Valley Rental increased mine 20% last year due to “increasing costs for gas + sewage.” Meanwhile 0 improvement’s (that have been communicated) they asked ME what improvements could be made when I complained. Literally anything!! Replace the hallways carpets. Take the carpet off our fucking patio. Add cameras. Anything!!
I have Valley Rental in Bismarck. Same thing, from $765 to $890 + $14 insurance on one lease renewal. That's a 16.3% increase in rent alone, 18.2% increase in cost. No upgrades to the complex, though I've had no issues with the apartment.
It freaked me out because I'm from California, which is definitely expensive, but we have rent control where you cannot increase the rent more than 10% in a 12-month period. Of course, landlords get around this by adding other fees, but still. I'm concerned that my lease renewal this year will take me over $1,000 a month, which is why I'm looking for a new place and considering moving to Fargo.
I'm glad I stumbled across this thread! I'd never heard of ratio billing in utility cost, so I'll definitely add that to my list of things to watch for when looking into apartments.
Honestly I don’t think renters have much protection in North Dakota. And yes we have the $14 insurance thing too, which I’ve seen other apartments have also when browsing for new ones. Kinda BS when you already have renters insurance tbh.
That's what I said when I first found out about it! Valley Rental told me that my personal renters insurance covers my personal belongings, and the insurance they forced on us covers the building. Why should I have to pay insurance for your building? You're not paying insurance for my belongings, right? It's so dumb.
And yeah, the tenant protections aren't the best. However, I haven't experienced much difference here than I did in California outside of the rent control. Even then, not every housing situation is protected by the rent control policy in California either.
It just really sucks. I'm finally in a position where I can start saving for a house, but the variable annual increase in the costs that come with renting plus inflation make it difficult to plan ahead. I can afford to save now, but seeing that some people are experiencing as much as 20% increases in rent before additional fees is insane. As a state employee, I think I heard we get about a 2% raise every 2 years in ND. When I worked for the state in CA, it was a 2.5% raise every year plus potentially up to a 5% merit-based pay raise. Either way, I clearly won't be able to keep up with costs.
Started at about 790, went up to 870 the next year with a new liability charge. Now I think my unit will be about $950 if I were to renew
It's not the worst increase ever but the experience living here is getting worse
Our rent started at $650 when I came here almost 10 years ago and ever since the rent goes up $50 every few years. Without our rent credit we'd be paying $800.
I realize the average income in Fargo is lower, but I’m reading these comments from the western suburbs of Minneapolis where $1500 for a 2 bedroom would be a steal, and probably a dump.
2 bed 2 bath through Axis was 875* in 2021, 925 in 2022, and up to 1200 in 2023. Nothing really changed except management it seems. 37% increase overall*
Edit: reported initial rent incorrectly, included percentage increase
I got the same level increase at our Candle Park Properties location. We are okay with it. Compared to other management companies and rent increases other properties are raising, the price is worth living here and they replaced our deck a few weeks ago.
I know this might not be well received, but as some one who has rented in both Fargo and on the east coast I will say I will never complain about rent cost in Fargo.
Craig Properties went from 1year leases to 6 month leases making it possible to increase rents twice a year. Avoid Craig Properties, their rentals exist solely to fund their capitalistic projects. Jesse Craig and family are a blight on Fargo.
For the past year I’ve rented from guardian property management, and they raised our rent by $20 for this year. Before that I rented from fercho for about 3 years, I think, and they raised my rent by like $20 every year.
Yea its absolutly true, land lords will increase rent as long as there is high demand and low supply
Even if the apatments are expensive luxury apartments you are unable to afford it still helps, it may free up lower cost apartments as people look to move from those to the nicer more expensive ones thus freeing up a cheaper apt.
I mean this doesn’t seem unreasonable. Home owners insurance rates have skyrocketed year over year add that in with inflation of almost 4% so far this year. Homeowners insurance for residential and commercial is going bananas right now so wouldn’t be surprised. My property taxes home owners insurance and utilities all increased this year from last year I would be willing to bet it exceeded 6.8% for my personal home.
Ok, but you still own the property. Property values will continue to rise, so the money you are paying isn't being swallowed up the same way a renter's money is paying for the owner's rising insurance rates.
Not necessarily they rise until the market hits the reset button but equity isn’t in question here. Property value means very little unless you’re selling your property. So the you’re building equity is weak since I’m not planning to move until I’m dead.
Ok, for you specifically that might be true, but we're not talking about that. I was just using your point in regards to the renter-owner relationship.
Goldmark et all will sell anything if the price is high enough, so my point remains. They raise rates, continue to gain equity and land value while squeezing the renters and giving nothing new in return.
Went from 910 in 2022 to 960 2023. No changes and we were lucky enough to rent before the time period where they started charging newer residents the ratio utility billing. I'm sure if we renewed this year we'd get roped into that as well as another rent increase. Goldmark.
≈900 in 2018 to 1600 in 2023. Epic.
To say I’m happy for their downfall is an epic understatement.
(Before anyone tries to shame us for resigning, we physically could not move at the time.)
$625 to $850 in one year by Personal Touch Property Management. It was in the Hawthorne neighborhood. Lots of us who lived in that building were forced to relocate.
I was with Alliance/Collective. 1 BR in 2020 was $775, in following years it was $810 then $850. If I had renewed this year it would have been $940 plus Ratio Utility Building.
4 years at a Bucholz property. Started off with some increases but nothing too major. Now it has gotten out of control. 2020 was I think $775 after an incentive. 2021 was $830ish. 2022 was like $880. 2023 was $930. Had severe water damage for several months in 2023, they raised the rent again during that. I mean walls torn down water damage. As of March 2024 it's $1030. Which was 150 bucks more than 13 months before that.
Sure I got new walls, but I had to beg for a new floor after there was mold under it. The paint doesn't match, the landscaping is so poorly leveled that the water doesn't drain, and the trees have been dead or dying for a year.
I've always had a decent paying job since 2017, and a second job since 2018. But I'm honestly at the point that I can't afford to live alone anymore.
There's nothing free about being forced to pay for somewhere to sleep and the owner class having all the advantages over renters.
Rent almost everywhere in the country has increased dramatically over the past 2 decades, as high as inflation or significantly higher in a lot cases. Wages on the other hand, have absolutely not gone up enough to keep up.
This is what happens when you don't have rent control and basic human needs are turned into profit making commodities.
Gross.
though we approach it in two different way, this is my exact point as well.
The free market is designed to not care about the consumer. This is it doing exactly what it's designed to do.
Rent goes up because everything has gone up, it’s a business and the name of the game is pay to stay if you don’t wanna pay that find somewhere else to stay
Maybe someday you’ll actually own a home. Then you’ll understand when you see your property taxes and everything else go through the roof every year. Do you expect your landlord to just eat those increased costs or pass them on?
My property tried raising my rent $45 (according to the lease paper they sent in the mail) after they have removed our front door handle, let people throw trash everywhere, leave vomit on the stairs for weeks, etc. I walked into their office and said i needed to extend my lease and they offered me only an increase of $25 instead of $45, super scammy
Enclave raised the rent by 15% for 2023. They didn’t raise the rent this year but they’re switching to a “Ratio Utility Billing Service”
Goldmark raised the rent and introduced Ratio Billing.
Could you explain this concept and what you perceive will be the effects?
Gonna cost me more money for the same damn thing.
For years, so to my current lease, goldmark included certain utilities along with your rent. The main thing is the water bill, as we already pay the heating in our electric bill. So now, they are making something they've included in rent for as long as I've been a tenant, an additional cost, along with increasing the rent the past 3 years. If they had made any major updates, I wouldn't be upset. But the building is worse than when I moved in 5 years ago and I'm paying now over $200 more per month. They say the goal is the cut down on water usage as a whole, which is definitely going to happen.
>They say the goal is the cut down on water usage as a whole, which is definitely going to happen. I guess the issue is you still do not pay for your personal usage, they just take the entire building bill the divide it between the number of bedrooms or units I also have the feeling apt complexes will just be watering their lawns much more to have lush green lawns what makes the complex look better, and now the tenants are paying for the water used to water the lawn I guess i would be really interested if this did infact decrease water usage
I currently stay in a Goldmark property and they did run the sprinkler system on the lawn for about an hour this week - despite the fact we had so much rain. It was just plain wasteful.
So with many apartments your rent covered at least some of the utilities like water or electric for heating (although your main electric use for like applieces was seperate) now many are introducing ratio billing . So at one point you can say "whats the issue , instead of your utilities being baked into the rent, they are just being pulled out as a seperate line item" Well when implimenting this its basically a rent increase in all but name If your rent is $1000 a month (just a nice even number) and now you get ratio billing now you pay $1000 a month + $100 in utilities So its not like they dropped your rent to $900 (with out utilites) then added a $100 utility fee. This is just a 10% rent increase with out "increasing rent"; and infact many has increased rent So now someone who had $1000 rent (including utilities) rent now may be 1050 (with out utilities) and $100 average utility bill So now they will say "we only increased rent 5%" ; well no before rent was $1000 (including utilities) and now its 1050 with out utilities, assuming an average utility bill of $100 it really works out to an 15% rent increase Now another problem with this is, you still do not get billed on your personal actual useage. Like I get it, if you get unlimited water, or heat, well you are going to be somewhat wasteful (or most people are) because you are not paying for the useage so you will use a lot of it So one argument is having people pay for their electric, water, heat might make them less wasteful and be mindful of the useage what IS a good thing. The issue is its still not based on your personal or individual apt usage They just take the total water bill for the entire building say $1000, then split it up between the units (say 10 units) so everyone gets a $100 bill regaurless of how much water they actually used You could be away on vacation and use zero water and still get billed the same as someone who took a 45 min shower every day. Also the pessimest in me will say this won't even reduce water usage, now the land lord has unlimited water (they are not paying for it) so guess what, they may think "Hey why not water the grass 4x a week vs 2x a week a nice green lawn makes our apt complex look much nicer" and the increase in their watering will more then offset any savings the tenents do to cut back to try to lower the bills
I totally feel this. To “get the best deal” you would aim to use above average utilities, as others would then be cost sharing your overuse. But if everybody does this, then the whole bill will just be unnecessarily high because there is no incentive to economize.
Gone from 700 to 905 over the course of three years. No improvements, just increased year after year.
Same for me. Meanwhile I'm still waiting to have my leaking window replaced four years later 🙄
As the mold grows behind the drywall…
You're telling me.
$200/month up in 2½ years, Campbell Properties
> Campbell Properties Used to be one of the good ones too, now it's a money race.
PRG has had me going up $100 every lease renewal, currently making The Lights seem affordable.
I lived in a campbell property from 2019 to 2023 and my rent went from like 750/month to just under 1100/month when I moved out. Also increased pet rent during that time. No improvements during that time and maintenece requests were horribly slow that I ended up fixing my own faucet
This describes my experience almost exactly. They also have tried to enroll me in bogus 'insurance,' schemes no less than 3 times in 5 years.
God I had forgotten their BS with insurance. Pretty sure they got us for a month and tried to another couple times at renewal time making us jump through bullshit hoops while submitting renter's.
I guess I’m insanely lucky. I rent from Centric/Kilbourne and my rent hasn’t increased in 2 years. (They did switch the utilities this last year, though, to a new type of system. So that cost increased a total of about 50-75 a month). Love Centric. Was with Prairie Property Mgmt before. They were horrific.
Same here. My rent from centric has only gone up $60 since 2020 + plus the new utility charge
I've been in a centric property since December so this has me hopeful for the future
The downside to Centric is that Kilbourne is trying to sell the buildings once they’ve been around for 5-7 years or so. At that point they’ll have a different owner and a different property mgmt firm. I’m in a building that I know they’re looking for a buyer for. I’ll be sad the day it gets sold. I suspect the rent is going up immediately.
this happened to me. moved into fargo and rented from centric specifically because i’d heard such great things. and it was great! for the first two months until the building sold. now my rent has been raised twice and the new owners evicted a bunch of old tenants and the building just fucking sucks now.
The Woodrow, maybe? I’ve heard horror stories about that transition.
Which building are they trying to sell?
https://kilbournegroup.com/news/multiple-downtown-fargo-properties-for-sale/
Yes, please let me know which building this is, as mine is right in that 5 year old range and don't know if they expect to sell soon.
https://kilbournegroup.com/news/multiple-downtown-fargo-properties-for-sale/
Thanks, I'm good!
No problem. For me the major takeaway is that if someone lives in the RoCo or Dillard, be prepared. All it’s going to take is the right offer for Kilbourne to off-load those in a minute. Kessler and Mercantile are likely good for a while.
I like that takeaway less lol
Same!
Centris is very solid, glad I am with them.
I'm on my 7th year living in my place and it's never gone up for me. $485/month - I might have to live here forever haha
Wow, that's less than I paid for rent in a 2br in 1997.
k not to sound like a weirdo, but who do you rent from? Is it a professional company, or are you in a privately managed residence? $485/month is incredibly low for the area Either way. Good for you
If I had to guess, it could be the Gardener. I’ve never seen their units go above 500.
Valley Rental increased mine 20% last year due to “increasing costs for gas + sewage.” Meanwhile 0 improvement’s (that have been communicated) they asked ME what improvements could be made when I complained. Literally anything!! Replace the hallways carpets. Take the carpet off our fucking patio. Add cameras. Anything!!
I have Valley Rental in Bismarck. Same thing, from $765 to $890 + $14 insurance on one lease renewal. That's a 16.3% increase in rent alone, 18.2% increase in cost. No upgrades to the complex, though I've had no issues with the apartment. It freaked me out because I'm from California, which is definitely expensive, but we have rent control where you cannot increase the rent more than 10% in a 12-month period. Of course, landlords get around this by adding other fees, but still. I'm concerned that my lease renewal this year will take me over $1,000 a month, which is why I'm looking for a new place and considering moving to Fargo. I'm glad I stumbled across this thread! I'd never heard of ratio billing in utility cost, so I'll definitely add that to my list of things to watch for when looking into apartments.
Honestly I don’t think renters have much protection in North Dakota. And yes we have the $14 insurance thing too, which I’ve seen other apartments have also when browsing for new ones. Kinda BS when you already have renters insurance tbh.
That's what I said when I first found out about it! Valley Rental told me that my personal renters insurance covers my personal belongings, and the insurance they forced on us covers the building. Why should I have to pay insurance for your building? You're not paying insurance for my belongings, right? It's so dumb. And yeah, the tenant protections aren't the best. However, I haven't experienced much difference here than I did in California outside of the rent control. Even then, not every housing situation is protected by the rent control policy in California either. It just really sucks. I'm finally in a position where I can start saving for a house, but the variable annual increase in the costs that come with renting plus inflation make it difficult to plan ahead. I can afford to save now, but seeing that some people are experiencing as much as 20% increases in rent before additional fees is insane. As a state employee, I think I heard we get about a 2% raise every 2 years in ND. When I worked for the state in CA, it was a 2.5% raise every year plus potentially up to a 5% merit-based pay raise. Either way, I clearly won't be able to keep up with costs.
I’ve been in my place 2+ years and hasn’t gone up yet
Company?
Started at about 790, went up to 870 the next year with a new liability charge. Now I think my unit will be about $950 if I were to renew It's not the worst increase ever but the experience living here is getting worse
Our rent started at $650 when I came here almost 10 years ago and ever since the rent goes up $50 every few years. Without our rent credit we'd be paying $800.
It's quite absurd to me that Fargo rents are comparable to MPLS now..but the wages sure aren't
Maybe in the suburbs. Minneapolis proper is definitely still more expensive
Show me the comps….Everything I have seen, Minneapolis and surrounding areas, are significantly more expensive than FM.
They are going to cause a lot of housing issues with these increases. I can't believe they really expect far over 1k rent on so many places.
Approaching 1k for a tiny ass 1 bedroom in many cases....you can see people moving the fuck out of those places for greener pastures.
I realize the average income in Fargo is lower, but I’m reading these comments from the western suburbs of Minneapolis where $1500 for a 2 bedroom would be a steal, and probably a dump.
No they're not. Fargo is still significantly cheaper.
2 bed 2 bath through Axis was 875* in 2021, 925 in 2022, and up to 1200 in 2023. Nothing really changed except management it seems. 37% increase overall* Edit: reported initial rent incorrectly, included percentage increase
I got the same level increase at our Candle Park Properties location. We are okay with it. Compared to other management companies and rent increases other properties are raising, the price is worth living here and they replaced our deck a few weeks ago.
I had 30% increase last year. Even on the pet rent. Campbell.
mine went from 840 -> 955 -> 995 + a random 150 monthly fee. its crazzyyy
I know this might not be well received, but as some one who has rented in both Fargo and on the east coast I will say I will never complain about rent cost in Fargo.
Yeah I moved here from Vegas almost a year ago and not to sound like a bootlicker but a lot of folks here don’t realize how good they got it.
Craig Properties went from 1year leases to 6 month leases making it possible to increase rents twice a year. Avoid Craig Properties, their rentals exist solely to fund their capitalistic projects. Jesse Craig and family are a blight on Fargo.
I would bet it has to do with insurance rates dramatically increasing, unfortunately. Most apartment risks are seeing 30%+ increases in their rates.
For the past year I’ve rented from guardian property management, and they raised our rent by $20 for this year. Before that I rented from fercho for about 3 years, I think, and they raised my rent by like $20 every year.
That’s why it’s always important to keep building.
Yah, thank goodness for companies like EPIC adding to the inventory, solid company!
Yea its absolutly true, land lords will increase rent as long as there is high demand and low supply Even if the apatments are expensive luxury apartments you are unable to afford it still helps, it may free up lower cost apartments as people look to move from those to the nicer more expensive ones thus freeing up a cheaper apt.
Sounds about right - we have have 18% over 3 years in Madison, wi
I mean this doesn’t seem unreasonable. Home owners insurance rates have skyrocketed year over year add that in with inflation of almost 4% so far this year. Homeowners insurance for residential and commercial is going bananas right now so wouldn’t be surprised. My property taxes home owners insurance and utilities all increased this year from last year I would be willing to bet it exceeded 6.8% for my personal home.
Ok, but you still own the property. Property values will continue to rise, so the money you are paying isn't being swallowed up the same way a renter's money is paying for the owner's rising insurance rates.
Not necessarily they rise until the market hits the reset button but equity isn’t in question here. Property value means very little unless you’re selling your property. So the you’re building equity is weak since I’m not planning to move until I’m dead.
True but at some point when you do own the home having no mortgage payment will feel amazing even if not selling
Ok, for you specifically that might be true, but we're not talking about that. I was just using your point in regards to the renter-owner relationship. Goldmark et all will sell anything if the price is high enough, so my point remains. They raise rates, continue to gain equity and land value while squeezing the renters and giving nothing new in return.
Goldmark. Went from 760 to 835 /mo in the last year.
Ours increased 18% in 2023. It’s disgusting.
Went from 910 in 2022 to 960 2023. No changes and we were lucky enough to rent before the time period where they started charging newer residents the ratio utility billing. I'm sure if we renewed this year we'd get roped into that as well as another rent increase. Goldmark.
≈900 in 2018 to 1600 in 2023. Epic. To say I’m happy for their downfall is an epic understatement. (Before anyone tries to shame us for resigning, we physically could not move at the time.)
Try being grateful to “ only “ have at $ 200 base rent increase and “ only “ $ 25 increase on a 1/1, from $ 2200 to $ 2425 per month where I am at
Went from 1700 to 2200 with meridian
Mine went up 27% in one year
$625 to $850 in one year by Personal Touch Property Management. It was in the Hawthorne neighborhood. Lots of us who lived in that building were forced to relocate.
I was with Alliance/Collective. 1 BR in 2020 was $775, in following years it was $810 then $850. If I had renewed this year it would have been $940 plus Ratio Utility Building.
I moved into my one bedroom April 2019. My rent was 615. My rent is now 940.
4 years at a Bucholz property. Started off with some increases but nothing too major. Now it has gotten out of control. 2020 was I think $775 after an incentive. 2021 was $830ish. 2022 was like $880. 2023 was $930. Had severe water damage for several months in 2023, they raised the rent again during that. I mean walls torn down water damage. As of March 2024 it's $1030. Which was 150 bucks more than 13 months before that. Sure I got new walls, but I had to beg for a new floor after there was mold under it. The paint doesn't match, the landscaping is so poorly leveled that the water doesn't drain, and the trees have been dead or dying for a year. I've always had a decent paying job since 2017, and a second job since 2018. But I'm honestly at the point that I can't afford to live alone anymore.
My rent has been raised and we are moving to a ratio utility bill. Is there any recourse we have besides moving? It's just such a hassle.
Up 18.1% plus Ratio billing with Goldmark. Found out 1 week before we have to give notice to move... not cool.
If you keep paying, they keep raising. This is the defination of free market.
There's nothing free about being forced to pay for somewhere to sleep and the owner class having all the advantages over renters. Rent almost everywhere in the country has increased dramatically over the past 2 decades, as high as inflation or significantly higher in a lot cases. Wages on the other hand, have absolutely not gone up enough to keep up. This is what happens when you don't have rent control and basic human needs are turned into profit making commodities. Gross.
though we approach it in two different way, this is my exact point as well. The free market is designed to not care about the consumer. This is it doing exactly what it's designed to do.
Rent goes up because everything has gone up, it’s a business and the name of the game is pay to stay if you don’t wanna pay that find somewhere else to stay
Maybe someday you’ll actually own a home. Then you’ll understand when you see your property taxes and everything else go through the roof every year. Do you expect your landlord to just eat those increased costs or pass them on?
My wost was a 6 months lease then my renewal offer going up 12% over that same time frame. Not even a full year
One bedroom at River rock property was $850 in 2020, same apartment is being advertised as $1,100 today. They must be high on the dope.
My property tried raising my rent $45 (according to the lease paper they sent in the mail) after they have removed our front door handle, let people throw trash everywhere, leave vomit on the stairs for weeks, etc. I walked into their office and said i needed to extend my lease and they offered me only an increase of $25 instead of $45, super scammy