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General Discussion

70sEraVet

(5,689 posts)

19. I quite agree with your logic.

Reply to aggiesal (Reply #11)

Thu May 28, 2026, 07:40 PM

May 28

But the property tax on my rental property doubled last year - they doubled the estimated value of the home. Now I'm waiting for the the Homweowners insurance to double, because they'll use the county's estimated value to figure that the replacement value on the home must be doubled too!
It's not just the renters -- everbody is getting squeezed. Except for the big firms who use donation $ to gain sweetheart deals.

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kcoates Texas_Blue_Dem

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Highlight:

One reason why the rent is too damn high [View all] erronis May 28 OP

The investors that George W Bush jr wanted in the housing market. Blue Full Moon May 28 #1

Another reason: Expiration of Low Income Housing Tax Credits jmbar2 May 28 #2

Rent Strikes !! leftstreet May 28 #3

We have millionaires deciding what affordable housing costs...nt Wounded Bear May 28 #4

Billionaires. ColoringFool May 28 #16

Same difference...nt Wounded Bear May 28 #18

Private Equity Firms JPK May 28 #5

Dear friend is examiner for a land title insurance company. She is HORRIFIED at the % of home sales are going those Attilatheblond May 28 #10

Private Equity... GiqueCee May 28 #6

Piling their DEBT on renters RANDYWILDMAN May 28 #7

But...But... GB_RN May 28 #8

I worked for a manufacturing company that declared bankruptcy after Covid and was bought by private equity group MichMan May 28 #13

Care to name the manufacturing company? Private Equity Groups are.... ColoringFool May 28 #17

It's not just rent AverageOldGuy May 28 #9

This makes living and then dying at home The Madcap May 28 #12

It IS expensive, but your numbers are higher than I found when looking for a place for my mother. ihaveaquestion May 28 #14

I own a rental & I haven't raised my rent in 3 years. ... aggiesal May 28 #11

I quite agree with your logic. 70sEraVet May 28 #19

You must live in Texas ... aggiesal May 28 #22

No, I live in Tennessee 70sEraVet May 29 #23

Air bnb , vrbo, etc as vulture capital turns housing into vacation rentals JT45242 May 28 #15

Greed. nt wiggs May 28 #20

I'm in a 600 sq ft "affordable" Seattle unit with a base rent of 1,459 that is actually $1,809 with parking and pet fee pat_k May 28 #21

While this is true, I'm not sure it's the root cause EdmondDantes_ May 29 #24

Latest Discussions»General Discussion»One reason why the rent i...»Reply #19