My Rent Will Increase By 10% September First.

Sorry to hear all this bad news about bad rental situations. I live up here in Canada. My rent increased $20/month Canadian on June 1st. I wouldn't say that I'm laughing all the way to the bank but I would say that I sure am smiling and grinning. Hack, $20 bucks/month, I can take it! He, He!
 

Absolutely. Covid, the war in Ukraine and tremendous demand vs. supply has really contributed to inflation. People didn't spend anything during the height of Covid. Now they are spending like crazy and the goods are in short supply.
I would enjoy debating all the causes of inflation, but that would inevitably involve the "P" word, and as we know that isn't a line we should cross. (-8
 

When I got divorced last year I knew I had to buy a condo because rents are expensive here and keep going up. I have lived here 25 years and wanted to stay. So we sold the house and I used my share to buy a condo.
That was smart of you. I've made so many mistakes and I'm paying for it. I feel like I'm supposed to actually.
 
I don't know @Knight I don't think regular rents were frozen as the rent was raised last year but not this amount. California changed something. I think it was evictions that changed due to covid and I don't know what's still in place regarding that.

It's really insane and I don't know what will happen to people. Or me. I noted a mobile in a park for sale this morning. It's pending after 10 hours on Realtor dot com. And it's a 1981 so not super new.
 
That was smart of you. I've made so many mistakes and I'm paying for it. I feel like I'm supposed to actually.
I have often felt this way, still struggle with the shame, fear, and guilt I have internalised over it. Thing is, we survivors have scrambled emotional circuits. Most of us wouldn’t recognise normal if it bit us. Lol. Therapy helped me realise that most of my mistakes were, and sometimes still are,

related to that scramble. Are there consequences? Absolutely, but this speaks to toxic programming, not poor character. I am still very much under construction, but I am considerably

healthier than the broken soul I once was. You and I did not choose to be broken, that was forced upon us by monsters. The blame is theirs, we do our best to limp through life, embracing what new normal we can muster. Please, please, do not internalise the gaslit notion that you are being

punished for the transgression of being damaged. No higher power would do this to you. Forgive yourself for being human, not perfect. I see such strength in you, such an enduring, stubborn defiance to live No Matter What! I am so proud of you! Please give yourself some props. Hugs.
 
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There is no reason, there is no purpose, there is only your reaction......unless you are speaking about past lives. Are you? Speaking karmically?
I've wondered what I did in a past life for this. Not sure I fully believe in reincarnation. I know people have suffered much more than myself. Lived short lives. Been hungry, without water, tortured. And I've wondered if my mother finally had to realize how she treated her children after she died. Who knows.

I was born in the U.S., I can't complain about that really. Yet my life has been far from easy. My own mind drives me nuts sometimes and that's its own form of torture.
 
One last comment. In a way, it is almost a relief to discover that no matter what accomplishments we master, the feelings of inadequacy remain. This speaks to the cult like power of the brainwashing we endured as children. It is on their shoulders, not ours. For me, at least, this releases me from the despair of perfectionism. If you ever need an ear, please know I would be honoured to listen. 🤗
 
I’d like to add that his house is much need of repair including a hole in the ceiling from a leaking roof. My son had to repair it because the landlord wouldn’t respond.
That's an outrage! And I believe you when you say that he had to do repairs himself. When I moved to this complex, there were several available apartments to choose from. Now as soon as they get their lousy cheap pergo put in, paint and whatever repairs they do, the apartment has someone moving in immediately.

I hope your son will be able to get his own place soon if that's what he wants.
 
That's an outrage! And I believe you when you say that he had to do repairs himself. When I moved to this complex, there were several available apartments to choose from. Now as soon as they get their lousy cheap pergo put in, paint and whatever repairs they do, the apartment has someone moving in immediately.

I hope your son will be able to get his own place soon if that's what he wants.
Thank you. They can’t afford it yet. They are thankful to have what they do. Afraid to cause any waves. The housing situations is terrible and putting a strain on many. I’m sorry your rent has been increased.
 
The main culprits are investors who are turning single family homes into rentals. This couple who lived on the next street from me, they sold last week. They said the investing company made an offer they couldn't refuse. So that basically prevented another couple from buying a single family home. The house is being cosmetically repaired and will be on the rental market any day now. My information is that these investors rent to as many people based on the number of bedrooms (i.e. 4 bedrooms, 4 different leases). The investors are making lots of $$$ hand over fist. Local or state gov't needs to step in and stop this avarice.
 
Certainly wouldn't want to live in Jersy City N> J>

Average Rent in Jersey City, NJ
Last updated July 2022
Average Rent $3,318
Average Apartment Size795 sq. ft.

https://www.rentcafe.com/average-rent-market-trends/us/nj/jersey-city/

Could it be that rentals that were frozen due to covid the % increase in rates are in order to recoup the loss?
Or to keep up with inflation?
No Knight. Jersey City went through a revitalization period, expanded it's luxury rental market and is trying to lure sophisticated, career people as renters. Their luxury buildings offer many desireable amenities. They tout an active lifestyle, easy access public transportation, including to NYC as well and some have water views which helps justify the high prices. One of my (some might say weird) hobbies is looking through apartment listings in various cities from time to time. I have to admit, even with the ridiculously high prices, some of those apartments are gorgeous and I'd love to have those amenities.

Here is a sampling of Jersey City listings: 1 BR 1 BA $4,451 (675 sq ft) 2 BR 1 BA $6,617 and 2 BR 2 BA $11,414!! Ridiculous, right?! Several months ago I posted a thread about a young couple living in Jersey City who were paying $4,000 a month, but I can't find it now. I believe they stated that they had a lot more space for the money than if they lived in NYC. JC rents are rivaling the infamous Bergen County rents. In fact, recently Hudson County, where JC is located, was named the most expensive county to live in.
 
Remy, we all make mistakes and some cost us more than others. I find what’s happened with corporations buying homes and rents getting expensive really hurting hard working people, seniors, etc. Locally we are seeing individual bedrooms being rented to different people so the owners are getting much more rent. Our homeless population is increasing and I find the whole situation incredibly sad.
 


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