Rental rights attorney weighs in on Tampa Bay skyrocketing rent crisis
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- เผยแพร่เมื่อ 5 ต.ค. 2024
- Rent prices are increasing faster in Tampa Bay than almost anywhere else in the country and the world and it’s greatly impacting those forced to rent apartments, homes and condos across Florida.
good old American Greed..........gets you every time !!
The reason America is sinking.......REAPING what it has SOWN....murder, GREED, lies, biases, hate, greed, systematic racism, GREED, DECEIT, more GREED, sellouts, narcissistic, GREED, immoral, the list goes on!...NOW...EVERYONE is feeling it's wrath!....RACE doesn't matter...ALL is welcome if you're in the rich clique!
@@seventhchild7270 yessir
Nobody cried when red lining was going on so at least this time it’s fair
Nope, good old capitalism. Bet you weren’t bothered by the illegal eviction moratorium when you didn’t have to pay. Well now the landlords want to make up losses forced on them because they have lost everything. It’s their property and no one should house you for free. Time to pay the piper. Owning property is a business like any other-for profit
@@dcg590 I’m all for it 😃! there’s no such thing as a free lunch. I just so happen to be an investor myself so I raised the rent and benefited from the inflation also. You are full of assumptions but you know what they say about people who assume.
@@dcg590 just because something is for profit, doesn't mean it should be. Homes should be homes, not investment schemes.
This is depressing me. I signed my lease for the longest term available to postpone the next rent hike as long as possible. If they raise it again I'm gonna be on the street.
Its soooooo stressful. My anxiety is at an all time high. I definitely understand
Soon hundreds of millions of people and children will be homeless
Landlords have pulled out of section 8 too
And the elected officials for decades have stopped building affordable homes for people based on income
Now the waiting list to get in a home based on income
Is for 10 or more years now
Insane
But all elected officials spent trillions of dollars on wars and waste money on themselves
Vote all of them out
We the people are the USA
Not the elected officials
What happened to the American?
You should prepare yourself, it’s most likely gonna get higher.
@@user-pv3rl2lv4p yeah I already started a second job. Is this life now?
Sky rocketing rent = increase homeless population = higher crime. San Francisco is a great example of that. Problem is our leader's & politicans cater to the lobbyists & interest group's leaving those without a voice to defend for themselves.😥
I’ll be contacting you for financial assistance when market conditions require me to lower rents on my properties.
@@trekuhl3966 😂👊🏽
@IT'S PEANUT BUTTER JELLY TIME! HaHa! I’m still raising rents especially since more people can’t afford to purchase a home and have the 25% downpayment in hand. I just raised rents on 5 properties by $375 - $500. It’s all about supply and demand. For a tenant who doesn’t want to pay the increase, fine once they move out I’ll have 6 + lined up wanting to rent and they get into a bidding war for it.
@IT'S PEANUT BUTTER JELLY TIME! and the harvest is bountiful and will continue especially for my properties is desired neighborhoods with strong schools and low crime. And while you complain, I’m heading to Hawaii for 4 weeks courtesy of my tenants who joyfully pay their rents, my mortgages and line my pocketbooks with lots of cash!
@IT'S PEANUT BUTTER JELLY TIME! please continue to live in denial. Have a Nice Day!
Do the money addicted gentrifiers have a time frame for when rents will be ten to twenty grand a month? And will that be enough to satisfy their addiction to money?
When i was just in FL even the crappy parts are going up in cost too.. nothings being fixed up even and its still expensive.
The state is addicted to property taxes, but you don’t say anything about that.
In San Antonio, TX even rundown trash houses are over $200K. You couldn't pay me to live in those hell holes.
If I could get 10K a month for my rentals I would Jizz!😜🤪🤤😂🤣
@@GeorgiaMade404 Same here free market ! I didn't buy my rental to loss money 😢.
American greed at its worst.
My rent went up from 840 to 1500 in 4 years. These rent increases are criminal.
Should have bought a home 4 years ago when it was still affordable.
@@eckankar7756 no shit
@@cooterqueen Nobody is forcing you to rent, how are increases criminal? There isn't a law against them, at least not in most places.
Now buying a house is too expensive but so is renting so what are people supposed to do😒
@@divinelycreated4him Land reform, Mao style.
If the law says you can raise rent as high as the sky ...... My old apartment in 2020 rented at $1,000. And now it rents at 1600. 675 sq ft no washer dryer. Hook up. They'll be filling those low wage jobs fast with people taking on second jobs.
Many will just move
@@youtubeblows326 many are moving in. So it's balanced
@@Stoneface_ no they don't many vacant homes for sale so you're just a pendejo who doesn't know anything.
Greed is going to destroy every country on this planet.
More like the elitists and 1 percenters!
@@ardi3363 thanks for elaborating but he said it right
Locals and new residents need to understand Florida does not care nor does it help poor to middle class, it's all about the rich and greedy down here.
Why do you think it's anyone's responsibility to "care about you" lol. Do you think the world needs to take the place of mommy and daddy?
Landlords can only charge what the market is willing to pay. I would feel like a scumbag raising rent that fast on my tenants though.
They are making money by screwing people over and putting them out on the streets...
This isn't a carton of milk like a commodity . Housing is a NECESSITY. It should be criminal, what theses landlords are doing. Meanwhile our politicians are too busy harassing school children. We deserve better than this.
Guess this what happen cause moratium and so many wanna move to florida so the owners try cash in on all renters. and if state got no rent control it becoming a pain to get a place now in almost any state. wonder how many more are becoming homeless do to this rent chaos.
@@shadowwolfkano if they could find a way to charge you for the air you breathe they would.
@@the_rubbish_bin and a souless goverment does nothing to help tenants or to change the way things are done, indifferance to suffering
Rent in St Petersburg FL has gone up 40 percent.
Since 40% of all dollars were printed in the last 2 years..every dollar is worth only 60 cents....once everything increases that much things might level off
This is what you get with “small government” minimal regulations, that and Surfside
Surfside isn’t the government fault
Free market, no regulations - all of a sudden capitalism is “inconvenient”
People are living in cars 🚗 and storage units due to high rents...housing crash is coming
Don't bet on it.
It's coming faster the rich thinks.
There will be no housing crash, with the scant building since the 2008 crash of too many houses and many builders went out of business, now there are too few houses, a totally different situaton Supply chain issues, workers wanting higher wages there is little building going on now to accommodate the need for affordable housing. This isn't going away for at least 10 years.
@@duancoviero9759 this is not sustainable especially when wages aren’t keeping up with inflation. I know greedy landlords don’t mind families going homeless but this won’t last. Somethings gotta give.
WOW, I love this girl for trying and pushing for better Equal Equality for us Renters out Here. Including ME!
Yep. No ome can save for a down pmt to buy. The middle class is being squeezed into extinction.
Exactly right! Dave Ramsey says to get an apartment and get a pile of cash for a down payment on a house. There is no way to save one dime towards a home when you rent. I just start screaming at the radio when I hear this bull crap!!!!
Funny...I have 3 grands that have saved the 20% plus closing and bought houses...1 each year for the last 3 years...how ? The bought cheap fixer uppers...the stayed home or lived with multiple roommates for years..they drove beaters ..they saved 50% + of what they earned..the worked 2 or 3 years
@@perpetualmotion8090 I've listened to Dave Ramsay for years but he's out of touch with the situation currently
This is illegal just like price gauging in cases of emergencies, but it happens because it was designed this way
How is it illegal, how was it designed this way, and why?
did tenants think it was illegal to sit rent free for 2 years during the moratorium? did they have a concern how the landlord was paying their bills???? Payback time.
@@eckankar7756 stfu, not all renters sat on their ass and didn’t pay rent.
Actually rent control is illegal in Florida..it's written in the state constitution...Cities can implement it ONE YEAR AT A TIME only after the citizens vote by majority for it AND to raise the taxes to pay for it...what chance do you think that has of passing ? State income tax will have a better chance.
@@eckankar7756 The real question is dont you have anything better to do than spam comments on a TH-cam video? Ive seen you in every thread Ive looked at thus far, get a real job you loser
I'm a landlord and this is so sad and inhumane to me😔
u already raised rents, you've change.
@@myballsitchsomethingfierce6319 What!?!?
While I believe the relationship of all landlords to tenants is parasitic, if you're not cashing in on this insane market and screwing over your tenants, good on you. thanks.
Really, maybe you should not charge any rent to feel better.
@@trtommy3337 Or maybe you shouldn't be a bumb 🤷🏾♀️
While I don’t live in Tampa mine is going up 36 percent. Criminal in my opinion. I have to wonder how many homeowners mortgages have went up that much. Preying on the vulnerable, just because the market allows.🤬
The mortgage principle and interest is only part of the landlords cost...taxes are up..insurance has DOUBLED in under 4 years..a new roof that was 8k 5 years ago is now 14k....costs are passed on...YES every renter will be paying for those who did not pay for up to 2 years
BaHahahaha! “Preying on the vulnerable, just because the market allows”! WOW! you really didn’t pay attention in school!
@@trekuhl3966 If you are doing a quote… do it correctly.
@@lorij1072 BaHahahahaha! That’s your comeback?
The landlords, not the residents are going to California your Florida. Good luck from San Diego. $2300 for a 1 bedroom 1 bathroom apt.
I myself have been displaced by a rental increase. I have now been on the streets living in my car since November of 2021. Something has to give.
I live in a small city in upstate New York. My rent last year was 722 for a one bed. Next year it will be 1022. That’s a 41% increase. Just sharing the story for others to see.oh and I have a corporate landlord
It is hitting even the small cities
It's not just property taxes and insurance that go up - it's services like trash removal, lawn care, pool care, and routine maintenance. And don't forget rising utility costs, and HOA costs. The cost of labor and supplies are through the roof, and it will reflect in the rent. Last - during the covid rent moratorium, many landlords went bust because tenants didn't have to pay. Many landlords are struggling to keep their property now. The government didn't do us any favors when they shut down the economy, closed 2 major pipelines, and stopped oil drilling on federal land.
Bingo!
This is cause for civil unrest, among many other things suddenly happening with covid, food shortages etc.
I believe it will be coming to that soon. Most of society is willing to live by the rules if they can afford a basic existence but once you start forcing people out in the street and into starvation, anarchy is going to rain down and there's going to be a full blown class war
Where are all the people who advocated in the not-so-distant past that it was foolish to buy a home - that you should rent and invest the difference, and you would become wealthier that way? Apparently, no one was thinking about future rent increases. Ha! Nothing will really be done until these areas no longer have anyone willing to work local jobs.
I remember those young people that thought they had the new discovery promoting that. I wonder what they say now? I watched a few on YT ragging Dave Ramsey...I wonder if they are in their parent's basement now, broke.
Alot of people rent instead of buying because of the down payment barrier. The average price of a home is 400 to 500k now and you need 10 to 20 percent down that's between 40 to 80k you'd have to come up with and it's just not doable on Florida's median wage.
@@sweetmotherofmercury4221 You are correct, however I was referring to the financial gurus who were advocating that even those who could afford to buy should rent instead. That has resoundingly been shown to be poor advice.
@@Thomas63r2 I think it was good advice back a long time ago when rents were lower than mortgages so people could have more cash flow to get out of debt faster but now rents have creeped up and surpassed the monthly cost of mortgages so I agree that it is no longer good advice. Also, these financial gurus are so out of touch with the reality of middle income earners' day to day lives that some of the things they are saying now are ridiculous. When discussing housing prices in an interview, one guru said "You could buy a tent."
@@sweetmotherofmercury4221 What you are saying is true - my issue is with people giving financial advice acting like rents are safe from dramatic increases.
Too many people from California and New York moving jacking the rent up
Exactly! the highest bidder for my house was from San Francisco area.
Political campaign contributions from the (multi-billion dollar) landlord investment groups 💰, might have something to do with the politicians not changing laws.
Actually legislation was added to the state constitution years ago to prevent rent control except temporarily in very specific situations.
The owner class
@@cosmicllama6910 yes exactly...but as an American EVERYONE has the right to become part of the owner class.... Life Liberty and the pursuit of happiness...even a minimum wage worker can buy a home....IF they are ready to make it a priority and put in the required work.
@@nolongeranurse3369 The government should stay out of the rent business. I started out with my wife renting. We scrimped and saved for a few years until we had enough money for a down payment on a 800 sq. ft. fixer upper. By the time I was thirty-two I was debt free, owned two new model cars and a nice fishing boat. The only thing I ever paid interest on was my first house and first three cars. A few years later I had a 2100 sq.ft.180k home built on a river for cash. I had good jobs, but never more than 60k, and even then that was the last few years of my career. I had to do without for many years, but without have to pay crazy interest, was finally able to buy want I wanted (within reason). I hear people complaining about rent and really wonder how they handle their money. Do the have $1600 smart phones, $1100 a yr. cell service., nice cares, fancy clothes, etc. How much are they paying in interest per year, a 1000, 2000, 5000, more? Life is about choices and people that make bad choices are also wanting those that sacrifice to make good choices support them. I'm not feeling sorry.
@@trtommy3337 I agree...I worked hard and did without for what I have as well..never making over 40k
Inflation has also increase maintenance on properties and supplies. And the eviction moratorium is what caused all this due to COVID. Landlords lost a lot as well. They can’t bare dobrobe else’s burden.
Very true I do air conditioning here in Tampa and parts keep going up and we can barley get them. Plus these companies haven’t gave us raises. We’re making the same.
I say stop moving here. Simple as that. Will take years and land to ruin to build shitty Apartments that nasty people won’t even take care of. I do I to many houses a day. 5/10 have been from out of state
Most of the morons here can't see it. You are 100% correct!
Being in Property Management as a Property Manager I understand rent increases and fair market value when your rent is very low or you moved into an apartment with a special. This being said, $400 increase is absurd! Average increases are typically around $75-$150 which may be due to renovations. I am taking an educated guess because of Covid many people could not pay rent thus increasing the amount of evictions leaving no choice to increase rents. I would further investigate the county that you live in as to why they were allowing individual apartments up to six months free due to covid as well as why people under eviction we're not getting jobs when there are thousands of them out there and nobody wants to work so it's a double-edged sword
"Nobody wants to work"? Spoken like a real landlord. Condescending and entitled.
Sitting on your hands while you collect a check from hard working tenants whose jobs evaporated because of covid.
Everyone took a haircut because of covid, and now tenants are suppose to conjure all of this back pay when no one was able to work. Property management isn't thin margins, your year-over-year profits are reduced in the single percents, still in the black, yet now all of them want to double and even triple prices! So spare me when you call them lazy/ " nobody wants to work".
@@shadowwolfkano Landlords have been so screwed during covid. Maybe states should build apartments and run them. Many people who didn't lose a job or any hours stopped paying.
@@craig162 I think states building affordable housing would be a great idea.
@@shadowwolfkano The problem is they can't run them and they turn into slums. They should be run by a non-profit.
I had two retired tenants that didn't pay rent for over a year due to the moratorium. They are RETIRED, they didn't lose a job or any income. They had their Social Security, pensions and savings. They rented from me for years with no rent increase but couldn't wait to put it to me because the government said they could. I used to drive them to the grocery store every week to help them.
I couldn't wait to evict them. They cussed me out for doing it but neither of them paid me for a year.The government needs to stay out of business.
Removing governor Desantis would probably remove skyrocketing rent . This situation never happen with governor Rick Scott , Just putting it out there. Florida is becoming the next California State.
Desantis is the one that will fix this . He just needs to move on it and probably will. This is being driven by demand. More people moving to Florida
@@Dumbluck14 lol. Desantis Don't care s*** about you
By design pay up or be homeless! This is America after all!
But don't forget you're free! Free to work yourself to death for someone else's benefit!
This is global, much worse in Australia and Europe.
I work in Tampa and I can't find anything in my budget
@Dot Com People can't just up and move in an instant. IT TAKES TIME AND MONEY TO FIND A PLACE TO LIVE YOU STUPID MORON!!!!!!!!!!!!!
So move to the outskirts and commute..or get roomates
Tech workers from California and New York areas are moving to Florida to avoid all the mandates, moratoriums, crime and high taxes. They get to keep their high salaries and work from anywhere.
Go get a pistol and end it bro...sorry...
Youll b ok.....maybe in another life
A thought: $1700 ×3 (3× because most use rule of thumb 3x rent of income) = $5100 and that would break down to a need or requirement of a base pay of $31.875 per hour of work at 40 hrs per week of guaranteed work. Now remember this is for a studio. The question I got is just where is the money coming from to keep up this kinda price hike? Be lucky find a job paying half the wages.
So you get a 2 bed 1 bath..you bunk up..you move further out and commute..you work 2 jobs
@@nolongeranurse3369 Then have the potential to be responsible for others financial responsibility in a bad economy. This is like Pandora's Box for a single person
@@davidmartinez7866 that's nothing new...it is a choice. How badly do you want/ need to stay in a area you can't afford ? How badly do you want to save money and buy your own house ? Common sense isn't so common anymore
@@nolongeranurse3369 common sense is a wage that pays rent but that's not going happen
@@nolongeranurse3369 yep work yourself to death and spend more in commuting. Sounds good.
$1700 for a studio is $300 a month more than my son was paying last year in Seattle.
North Carolina has the same issue. Private landlords selling and complexes are way over priced. They are tearing down any land and building cheap homes in less than a week selling over 400.000.
I don't believe a $400K home is being build in less than a week. Plus, you are calling a 400K home cheap? OK Karen, let's try to make a more believable comment in the future or I'll have to speak to the manager.
@@trtommy3337 oh it is! I pass it every day! they are so cheap but people are only interested in the look. Some are even built on swammy land.
This is happening all over the world 🌍
Not just in the USA
This isnt happening all over the USA. This is Tampa, FL, USA.
Thanks to all the lazy bums who didn't pay their rent even when they could due to the eviction moratorium
How does raising rent in a market where people already had trouble paying rent makes sense to you? You also must have missed the part where it was mentioned that insurance rates are going up which is big problem for home owners as well.
Absolutely, landlords trying to catch up on 2 years of losses.
Truth
@@eckankar7756 No doubt. My question though is what's preventing them from also taking advantage of the stimulus relief available for landlords?
@@TheVuduYuDu what relief? Non freddy/ Fanny loans were not deferred ( BTW that was not relief only kicking the can down the road and adding intrest) hint most landlords don't have fanny/ Freddy backed loans.
Covid rent payments ?...hmmm let's see 80% or less of what was owed + removal of all fees + agreement to not evict for any reason for another 6 months to a year....Would you accept 40% to 50% of your owed pay after being forced to work without pay for 2 years ? (Don't forget you still had to cover the costs required to get to work as well) and find a way to keep a roof over your head..and keep utilities on..and keep your family fed...sound like a great deal NOT
Rental moratoriums and inflation is what caused this. The property owners still had to pay higher property taxes and maintenance on these buildings the last 2 years while not receiving rent from a lot of people due to the moratoriums. And inflation isn't helping either. Once the Federal Reserve raises interest rates high enough a lot of this will correct itself. Until then it's a terrible outcome to what COVID has done to our economy.
Places like California and New York have extreme restrictions, rent controls and moratoriums. Now their rich renters are fleeing to Florida. Florida has been open for business for a long time.
@@jeretso honestly l don't believe there are any rich rental home owners . What profit is there. On a home rented out . After expenses.
@@julieolsen7869 Eventually the mortgage will be payed off. At that point it will be my retirement income.
@@jeretso l understand,,,, my home is my retirement home too... but if l had to pay rent now ,, well, l couldnt. Think l would be in a caravan in my daughters backyard....
Landlords here in Vegas were questioned on the news why they were raising rent prices. And they simply said because they can.
Short, sweet, and oh so true. Good for them.
Geezers
@@trtommy3337 until nobody can afford to rent your overpriced dump and you lower the prices 🤣
Lol imagine buying a house and someone asking you why you have the audacity to do whatever you want with the house you bought.
Yes, we can. Pay up or it's living in the sewers for you, Kelly.
There’s nothing you can do. Either move out of state to a cheaper location, buy a house, or pitch a tent and be homeless or live out of a van. Because rents are going even higher next year. Arkansas, Alabama, Mississippi are all cheaper places than Florida. Remember migration is normal.
The message is clear. BlackRock and State of Florida would like these people to leave. I understand its not just BlackRock thats outbidding regular people, and inflating property values. Fortunately, this is a free country, and people have a right to stay, if they want to stay close to family or whatever, but big money also has the right to price those people out of the homes here.
And Iowa. We are cheap too.
@@corrinetomlyanovich305 yes but for a Floridian that would be Hell just acclimating to that weather. I moved to north Alabama and lord the gray skies give me the blues. I am happy for the less expensive life style but its not as cheap as many people think
Expensive renters are fleeing California, Boston and New York failed policies and jacking up rent. They instantly save on gas and taxes. You can't compete with them.
@@BenitoCBlanco your right about the Florida weather. Been there alot. Summers bad. That humidy wow.
Do people really understand how many people in the St apetersburg are are living on their cars or on the streets now?
No, sadly many are entitled jerks and don't understand what is going on because it doesn't affect them. They are the ones who write comments like: live in your car or buy a tent.
To live in downtown Denver 5 years ago in a two bedroom apartment/condo was $1600 so I don’t understand where the rent increase in popular areas have become uncontrollable. Once they made weed legal in Colorado all of the rent increased statewide so Colorado now has increased a lot and have become impossible to sustain any type of lifestyle without having reliable roommates
Well as someone who just moved from CO to FL, Colorado is in an infinitely better state than Florida, so enjoy it while you can
Out of control. Unfair without warning. The working middle class takes the most financial abuse in this country. Sickening.
That's part of the PLAN, eliminating the middle class. We're either gonna be POOR or Rich. And the ONLY People getting RICHER at the Moment are POLITICIANS.
You are entitled to 30 to 60 days notice...so you do get notice
While rents in Florida double overnight and the cost of buying a home is now unaffordable by a large percentage of Floridians and property taxes skyrocket along with insurance, Governor De Santis spends his day attacking Mickie Mouse, LGBT people, chastising children for wearing masks, passing bills to limit voting rights, creating a voting police force, resetting district maps to limit minority voters' voices and banning certain books that make Republicans feel bad. This is all about running for president. Please list what this governor has done to better the lives of the middle class and working class in Florida... I'll be waiting.
I want to live in a warm state, close to the beach, plenty of golf courses and I want 2 bed 2 bath for 800 a month. Do you think I will have to settle, and move somewhere cheaper.
Rent is going up everywhere you twit!
Move somewhere cheaper
@@nicholasthompson7690 see previous reply and get tossed...
@A 1 plenty of cheap rents in the flyover states...the rustbelt and the old coal mine states...friend just bought a house in Detroit 5 beds 4 baths 3 story fixer upper but livable for 42k...still plenty left
I bet they got golf courses in mexico.
This is out of control if nothing is done for this it will cause a major HOMELESS CRISIS!!
Literally no one cares lol.
This is what happens when the State of Florida keeps raising property taxes on rental units. They are much to blame for this.
did you not hear what that attorney said? the insurance and property tax increases are not in line with these rent hikes. landlords and speculative investors are price gouging.
@@ramadaomar5676 he said in his opinion. He has no proof
Taxes have doubled 2k a year now vs 2019..insurance has quadrupled 6k a year now vs 2k 2019...you bet your sweet bippy that 5k a year has been added to rents...and that's not opinion...it's verifiable facts.
Adequate housing needs to be a right!
I agree.
You don’t have a right to have others build and finance your housing. That’s asinine.
@@Jay-pf2cn It could be done through taxes; like roads, bridges, and every other nationalized service. It's been done before, in Austria and still works.
@@Jay-pf2cn I'm not saying that I should have the right to own a house financed by others... In some countries, adequate housing is a constitutional right, they don't own the space, but they have the right to live in it. People should have a right to adequate shelter and pay based on thier means and not get priced out... Owner's of real estate have gotten too greedy and it creates more homelessness and misery. This is not just a local problem.
Illegal aliens get free housing
The problem is rent keeps increasing but PAY is not.
You can't control that. You can only control yourself.
The only solutions are buy a home or move out farther. Bedroom communities have been around for decades because it's not affordable in the city, near their work. Long commutes are awful but sometimes necessary to adjust the market. In Atlanta an hour to hour and a half commute is common as is LA, Long Island to Manhattan, etc.
Well Polk and manatee is considered bedroom communities long ass drive to Tampa
And they are $1800+ for a 2 bedroom as well 🤣 new homes are being built up way out here an they are sold before the first slab is laid
There no hope for us working Floridians, our state is trash now, we have become NEW YORK
@@boni_traxton9436 Trust me, I feel your pain. My commute in Atlanta was an hour and a half on most mornings. If I made it in just an hour I celebrated. I moved way way out to the actual boondocks - not because I wanted to but because that was the only place to find an affordable house. Oh, when I lived on Long Island and had to drive the Long Island Expressway (a special form of torture) many mornings I was stuck there for 2 hours. So yeah, the choices are limited and not too great.
Have you tried telecommuting?
@@kathleenking47 I’m a mobile self employed guy
So telecommuting isn’t for me I spend gas
@@kathleenking47 Nah, I've been retired for many years, thank. you. Jesus! I spent half my life sitting in heavy Atlanta traffic trying to get to doctor's appts, work, etc. No more.
My rent is jumping up $400 in 2 weeks if I renew my lease and I just can't afford it. I also can't move because not only has rent skyrocketed but I have to show that I make 3x the cost of these outrageously priced rentals which I don't. Most complexes that had no availability last year have up to 20 empty units because people are fleeing
Its literally price gouging.
No, it literally isn't.
These landlords are gonna face a serious backlash for these outrageous prices. When tenants are forced to move out I look for many angry tenants to trash and seriously vandalize the apartments when they leave. I expect this to happen a lot as many families are forced onto the streets. You don't cheat people and get away with it.
Nothing like a ruined credit and vandalism charges.
Enough freeloaders tenants cheated system with B.S moratorium to take advantage of their own greedy benefit. Your comments are straight pathetic smfh
@@shawncrabtree7000 would you have said the same thing a couple years ago when there was no Covid but people were still getting priced out of their hometowns?
What would you have said then? Or if Covid never happened? COVID sped things up but all of this would have happened without the moratorium. Inflation was getting crazy BEFORE Covid, why does everyone have pre Covid amnesia!?
what about tenants that. sat in apartments rent free for 2 years, did they worry how the landlord was paying their bills??? NO.
@@eckankar7756, that's a separate issue and I don't agree with tenants not paying their rent. That's not right. However it's also not right to punish and penalize honest people who do pay their rent on time because others don't pay their rent.
It’s like that all over. Same is true in Cali. My rent went up about $500 but the new tenants are paying even more than me, almost $300 more
Pure greed…
Did you see that U-haul truck?
I think that these Tampa Bay tenants should seriously consider purchasing a U-haul truck; or some other large vehicle; and refurbished it to live in instead of paying $1,500 to $1,700 a month for a one bedroom studio; or a one bedroom apartment.
Lets see if the landlords can find new tenants with the money to pay those $1,500 to $1,700 a month rentals.
But there's no legal place to park these homes on wheels around here
@@SA-cx1gk II’ve never been in TB; but I would think that these homeless tenants wouldn’t care about any local ordinances the just want a place to park their houses on wheels!
If there’s any city ordinances that prohibits the parking of houses on wheels then they should help the owners of these vehicles with getting their own lots somewhere where they can find some peace of mind.
@@moa3008 Ordinances=parking tickets
@@moa3008 yes there are places called RV parks that will rent you a lot if your property qualifies according to the rules they set...they have spaces with water/sewer hook ups..internet hook ups..offer trash service ..and electric meters/ hook ups...coin laundry rooms..bathroom/ showers..sometimes even a pool...the one near me offers lots 65 a day 300 a week...monthly for 900 a month...800 if on a annual lease..electric Is not included.
Walmart has been very good about letting people park in their lots overnight. Also truck stops off rhe interstate are good. They have showers, etc. We have to be more flexible as a society when it comes to finding housing that's affordable. Think outside the box....
Desantis, Rubio, and Scott, couldnt care less about Florida residents. This is a growing problem in florida, especially south florida.
Actually Florida is thriving.
When I did rent out our first house I went up $20 a month on my tenant after a year ha....going up $500.00 is absolutely ridiculous.
Because you don't have a bunch of people trying to rent your shitty house lol.
@@pearlsswine I had plenty of people pre 2020 rents didn't get jacked up so much. I had great tenants I didn't want to screw over.
So much stupidity! If you can't afford the rent, start co-housing with others so you can save money and purchase your own house. During tough times, it pays to be humble.
If it wasn't obvious, the vast majority of people are unable and unwilling to adapt. They sit around and wait for someone to come take care of them, and if no one comes to nurture them, then it's because those people are "greedy".
We live in a world where the overwhelming majority of adults have the mental and emotional development of a child. And like a child, they want someone to play the role of their new mommy and daddy, be it the government, their boss, or their landlord.
It's call price gouging
Too bad renters can’t/won’t join together for a while and be homeless to stop this greediness. If people refuse to rent then the demand is not there.
my grandmother is about to lose her home its sad all the rich are kicking us out our own city
Boy, sounds like your Gov is doing such a great job!! Not.
The system needs to be corrected. Rent control definitely needs to on the voting 🗳 ballot, especially in the next General election and even in the midterm election. When the system starts out pricing essential workers such as police officers, fire fighters, RN registered ®️ Nurses, you know that eventually the system is going to Collapse
They will say that rent control is bad because rich developers will get scared and not build any more luxury apartments.
In Florida rent control is against the state constitution and has been for decades...what state you moving to ?
NO WHERE cheaper anywhere on this earth!
The WHOLE world is grossly OVERPOPULATED!
False. The vast majority of the world's land doesn't have a single human on it.
@@bnwo Humans are a plague on the planet and it's going to shed us very soon...
Blame Bidden for opening the floodgates for the illegal aliens invading our country. They get free housing while American citizens are thrown out on the streets.
@@the_rubbish_bin you can start helping out with the problem by offing yourself
He's telling the truth ....in ATL we are just overwhelmed with population man....gotdamn!!!
When you can't afford where you live.
You move someplace you CAN afford. Plenty of cheap houses to buy or rent in smaller rustbelt..coalbelt and flyover states
As soon as the rent free moratorium dropped the rents have now gone crazy. The governments came in and reassessed all the properties which in turn raised the taxes and insurance during the middle of a pandemic. It is my opinion that all of this was planned. Praying people do not go homeless.
A lot of prayers !
They're just making sure your rent is a third of your income so they can later expand it to 2/3. When is this going to be solved?
Because all people moved to Florida that y rent up and house market going n landlord do whatever want when coming to rent
I'm a landlord and I'll tell you what people have no idea what it cost to operate a rental property business. They have no idea the expenses incurred by landlords the increase in property taxes because so many Social programs are handing out tax dollars to give some people free rent while you subsidize them. 90% of all tenants are destructive of property. They are pigs and slobs. I own properties that are worth 800,000 properties that are worth 300,000 they're all slobs and the cost to clean the properties is distributed through higher rent increase for everyone. Does anyone remember covid my tenants didn't pay rent for 18 months but we still had to pay property taxes, mortgage and insurance. Well guess what that money has to be paid back. Did you think the Democrats were going to loan you 11 trillion dollars without a pathway to get paid back?
It's too late for rent control...families and individuals have been destroyed!
That's an almost 50% hike, a bit more than "more than 30%"!
Don't forget millions paid no rent for the past 2 years
2 years of moratorium that screwed landlords, supply chain causing price hikes, increased taxes, Scant building since 2008 when many builders went out of business...it's all cumulative. This is a global issue, not just in America.
you avoided the word 'gentrification'
They should allow people to buy land and build their homes instead of greedy landlord or greedy company who take the land! Greedy !
No one is stopping you to buy a land and build your home. Go ahead. Please buy land and hire builders who will build a home for you. Are you high? Are you in something? Need some help?
My question is what happens when no one is going to rent anymore? What happens when the landlords start to loose all that money from the price hike? Because this will ultimately push people away.
Greed is an ugly thing. At the end if the day it's the haves filling their pockets up at the expense of the have nots. Sooner or later these greedy landlords and corporations will have to face their day of reckoning.
Taxes and insurance premiums are skyrocketing as well, so everybody (including the landlord) are taking it on the chin.
@Julie Love
It’s called capitalism
Rentals are a business like any other business.
Landlords look for return on investment. Rental costs for taxes, insurance and maintenance costs are rising.
If the return on investment is not good, landlords will simply sell.
Unfortunately the feds picked winners and losers with the moratorium.
The rental business is difficult and its not worth it anymore. Try it sometime.
Also cash buyers coming from other states are driving property values much higher.
How many years are we gonna argue in circles about all this before we concede that houses should just be a right and not a commodity?
What an absolute disgrace to have a whole economy centered on home ownership as the sole means of economic mobility, and holding housing for ransom as the only way to "get ahead"
If humanity survives they will talk about how stupid it was when homes were commodities and how much it held us back as a species being obsessed with "nickel and diming" each other to death
Absolutely correct. I own 5 rental units and raising rent this year 10% for the first rent increase in 6 years. Investing $200K in a property, paying taxes, appliances, HVAC, maintenance it takes DECADES just to break even. Landlords are not your mother. Renters complain but then they should work hard as I did and buy a home then see how much owning property eats away at your income.
Almost true. Except there is also a little greed mixed in. A lot of landlords want to be rich and there is always another tenant that will pay more.
@@tonyst.pierre8284 If a property owner invests $200K into a property, updates it, rents it out how long do you think it should take for them to just recoup their initial investment and not be considered 'greedy?"
Landlord paying say $600. a month mortgage, $125. a month insurance, $125. a month taxes PLUS income tax on the rent they receive, $125. a month on HOA fees, water, sewer, trash, property maintenance for parking, lawn care etc.. say that comes to $1200 a month which is reasonable, rents for $1600 a month that's $400. a month for 'greedy' get rich profit which they will pay 20% income tax on so down to $320. a month greedy profit. it will take 52 years to just break even if rent is never raised.
@@eckankar7756 maybe if you didn't buy an investment property in hopes of gaining a passive income, prices wouldn't be so hot. This is exactly why prices are high. If the workers in the city can't afford a home and rental investors weren't snapping them up prices would be stable. Now you lot complain about Blackrock using economies of scale to get in on your grift and expect anyone to care? Your investment is not sacrosanct. It can lose money just like any other. But now people like me that have to work for a living are at risk of homelessness because you and Blackrock types are chasing investment opportunities. Grow up.
RIGHTSSSSS?????????????? This is FLORIDA & NOBODY has ANY RIGHTS!!!
This is why gov't should not be setting prices, telling businesses how to conduct business, and just meddling without any consideration for long term consequences. During the pandemic, gov't forced all landlords to keep tenants regardless of whether they were paying or not. By penalizing the rental business, it forced some landlords who were taking losses to sell their rentals. This LOWERED the supply of rentals. Many of those units ended up being purchased by large corporate landlords who upgraded the units to charge higher rents. Demand also skyrocketed from people moving to certain states like Florida and Texas to escape high cost states like CA and NY. What happens when supply falls and demand goes up? This is why rents are skyrocketing in certain areas of the country.
The lawyer nailed it of course
If rent can go up or down year to year you can sign longer lease terms. Alot of renters may live in the same plays for 2 to 3 plus years. Stop 1 year leases if you know you rent can go up and you have no intention of moving.
Also if your car payment is 1/3 of your current rent no including insurance thats your other problem.
The market's soon to crash! A very serious and hard crash! When this happens. Their going to be begging the good tenants to come back.
🙏
The truth is landlords don’t want to rent their property to people who can barely afford it anymore. The pandemic forced landlords to go without rent for many months. Why rent it out to people who might screw you over? I would rather keep the place empty than to deal with a bad tenant.
That doesn’t mean anything. Money doesn’t buy class
@@disneyfan9099 being poor does?
They just passed a law you have to accept section 8 applicants
@@sweetmotherofmercury4221 there are ways around that. If one of the requirements of renting an apartment is that you have to have verifiable salary equaling double or triple of what the rent is, then anyone who qualifies for Section 8 will never qualify to rent your apartment because if they made that much they wouldn't be on Section 8. There are also certain exclusions to that law...one being if it's an owner occupied residence/building, you don't have to accept it. There are a few other exclusions.
@@desireerailine8220 or you just make sure the peephole is too high or too low so you don't pass inspections ( my uncle in So Cal removed all 38 kitchens in his " efficacy building" the units now come with a nice wet bar area with plenty of counters..cabinets and a pantry that fits a full size fridge...guess what no kitchen..no pass inspections...but his cash pay tenants love it..plenty of room for electric appliances ) I would turn my units into storage before I would EVER rent to a subsidized resident again.
The school bus driver back in 1970s ranting and RANTING about baby after baby after BABY AFTER BABY!!
This is why I voted no on $15 a hour
And NOW, $15 an hour isn't even enough to cover Rent, Gas and Food.
$15 an hour is only for food and gas
The risk of being a landlord is too high. I am already divesting my position in rental properties. Let the tenants fight it out against Black Rock and the State.
Elites...🤔
@@designhub360customapparel Mom and Pop independent landlords like myself are hardly Elites. Best of luck dealing with Black Rock.
@@armchaireconomist8648 smh
@@Koolken44 the risk of being a land lord is too high. Let Black Rock deal with it.
@@Koolken44 bingo!
It's Tampa Bay a desirable area their pricing you out Didn't Bill Gates just buy up a lot of houses there
Why do landlords have to apply with the tenant. Why didn’t the money go directly to the landlords instead of the deadbeats who didn’t pay the landlords. This is the end result.
I would consider commuting. Take an apartment in Pasco or Hernando counties. Much lower rent and easy one hour commute to Tampa on the Suncoast Parkway.
But even that wont be like that soon too.
Cost of gas keeps going up so how does is this supposed to save money?
@@perpetualmotion8090 if you dont drive around in a big ass truck you will save money. Do the numbers its feasible.
Price of gas is crazy now. Might be better to ditch the car and find a place close to job. I would not want to spend my life commuting.
Pasco landlord here...rents up 40% in last two years...unfortunately that doesn't cover the increases in taxes..insurance and repair/ replacement costs...so next year will be another big jump as well. My two bed one bath duplex was 850 in 2019...now 1250..next year 1500...simple clean well maintained unit...half decent area
This is what happens when they let an unfettered amount of West Coasters and Yankees down to Florida. Coming from California in the mid 90s, I called this shit out a long time ago. Saw the signs. Florida will now become the next LA. 🤣
Renters bear the market risk.
Everyone now needs roommates.
So true, if your married then both must work. It’s crazy
I think all these people that are ending up homeless need to go to white house & make camp on there front lawn . Maybe then they will get a clue that something needs to be done . 😖😖
Capitol Police will clear them out right away.
If you all real knew how much money they are making off your rent you would be crying even more. I make $1000 profit every month on one rental and the price is going up.
This is why I despise landlords, but thank you for your honesty. These whiny landlords in this comment section are making me see red.
Well me an my husband renting properties out an flip cars. We would buy a car for a $1000.00 an resale it for $2500.00 But now we retire from our use car dealership an mechanic business an landlord business.
The people that work from home are the lucky ones..they could move to some small town in the middle of Kansas or Buffalo Egypt where things are more affordable..
Work from home is one of the reasons tech workers are flocking to name brand areas like Tampa Bay and Miami. They come from draconian moratorium mandate states like New York and California so they can go mask optional and enjoy lower income taxes. Also their salaries are still insane high so they can afford to jack up the rent and still party.
Mine is going from 1450 to 1950 in Brandon. It’s a joke.
its ridic what they are trying to do and its because of bogus property value assessment
Everyone is being ruined with these increases, everyone’s talking about…NOTHING IS BEING DONE.
Well, don't look to politicians for help. They only make it worse in the long run to please unaware voters (to get reelected) in the short run.
But the Biden Administration doesn’t seem to care much. It’s a nationwide issue
Renters can ask their landlord about their price increases (i.e. property insurance, taxes, utilities) and remember that they have to save for anything that breaks or wears out. If you are homeless you can't blame landlords because they are just the middle man.
"Paradise" - yup, those sink holes and hurricanes are beautiful!!!
And those big bugs!
In my opinion America robbed landlords.and now karma is robbing you. Truth