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Wednesday, February 23, 2022

Rent prices reach ‘insane’ levels across U.S. with no end in sight

Krystal Guerra’s Miami apartment has a tiny kitchen, cracked tiles, warped cabinets, no dishwasher and hardly any storage space. 

But Guerra was fine with the apartment’s shortcomings. It was all part of being a 32-year-old graduate student in South Florida, she reasoned, and she was happy to live there for a few more years as she finished her marketing degree.

6 comments:

  1. Maybe don't let people not pay rent for over a year? Had a few trailers, and a house near me, that were owned by an older couple and rented to fund their retirement. Not a single tenant paid rent during the eviction moratorium, a couple of months after the moratorium was lifted those people were all evicted. The properties are now empty and up for sale. 4 Families looking to rent something with 4 units off the market, why is rent going up?

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  2. A 32 yo graduate student? When I was a student I had roommates that shared the cost. Krystal Guerra is probably deservedly getting what she voted for.

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  3. Looks like she has room to make the increase up out of the food budget.

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  4. The more the government takes from the landlords, the more the more the landlords have to take from the renters.

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  5. And brand new bank buildings springing up all over the place. Hmmm. I wonder if rent problems are tied to this fact....

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  6. That article makes no mention of nonstop legal & illegal imminvasion as a prime driver of rent and real estates price rises. Slash legal immigration to under 50,000 pet year and deport 30 million illegal alien foreign invaders and rents will drop faster than stink on you-know-what, and so will the incentive for Cloud People to gobble up single and two-family houses.

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