Greed! It’s a shame what is happening here in Florida! It was once a great place to live. Now it’s insanely busy and expensive here. Unbridled building with no plans to build the infrastructure for it. A real nightmare to say the least. Traffic is totally out of control! What used to take 15 minutes now takes 40! It will only get worse going forward.
They had money to spend on an expensive wedding and a honeymoon. They misallocated their money. Owning a rental property is not cheap. There are costs that have to be passed down to the renter in order to stay afloat.
We moved to the Eaat coast from Hillsborough last month. Best decision ever. Schools are a thousand times better and we were able to buy a house and not be strangled with rent every month.
I moved to Florida 22 years ago. My home in Palm Beach was $73,000. Now it’s valued at $370,00 without upgrades and rising. It’s too crowded here anymore and Orlando is a joke. We’re moving to Thailand. Good luck.
That low? My cousin bought his houses many years ago in Palm beach for 70k and sold it in at the beginning of 2021 for 3.2 mil to cash buyers now it’s worth less than 3.2 because of the huge increase of insurance
So now we have to work 60 or more hours a week to afford a roof over our heads with a family to take care of our Children will see us a lot less than they do now this is sad.
You and your wife got to work 120 hours a week now so your kids hardly see you now they're being taught 100% by the schools that are teaching them how to be transsexuals and lesbians in elementary schools all the way up along with teaching then socialism which is communism it's how they're breeding the next few generations that's why my nephews refuse to go to those classes with those teachers who do that... I don't have a wife or kids but if you do I just hope to God things work out good for you take it easy brother.
Rent is more than mortgage now. You could buy a $200K home for less than rent on a 2Bd/2Ba apartment. I know, because I just applied for a mortgage. One major problem - no homes for sale!
Homelessness is already a nationwide epidemic, and it's not limited to people living on the streets. Couch surfers, people living in vehicles, shelters and so on are other examples of homelessness.
Downtown St Pete, 1BR are going for 25-3500/month. If you choose to pick some thing farther way you are probably going to be in a rougher area of Tampa
Left California in 2013. Moved to Minnesota. Best decision EVER!! In 2020 bought my 2bedroom condo for $70k 🤣😊 I have my own single car garage. My association fees cover heat, water,garbage and snow removal. My mortgage is $300 per month. I couldn't be happier! I'm going to have this place paid off real quick. Then I'll have to pay $89 per month for property taxes and insurance. My electric bill is $35 per month. My association fees are paid for by my stock dividend checks. Yeah I've got it real good. If I would have stayed in California I would be living in my car. If I can do it so can you! Much love from Minnesota. Peace
Looks like San Francisco, Los Angles, West Hollywood, San Diego, Denver, Chicago, New York and NOW Miami you just got The Plague. High homeless rates will be higher since the lost of Germany after the Great War back in 1918.
This is insane and sad and I'm not even talking about for them it's for all of us people don't realize it's a lot of up north dirt bags and people from California who own a lot of property over here who are charging us a lot more for our rent mortgages and lot rent .
Verily I say unto you...This is just the beginning. As jobs are destroyed, and resources become strained, the welfare system won't be able to take care of those displaced, but look at the BRIGHT SIDE...THE $450,000.00 CCP JOE is going to give every illegal immigrant will both PROVIDE THEM WITH EXCELLENT HOUSING AT RATES THEY CAN EASILY AFFORD. They could even pool their money, and buy rural land, and build GHETTOS for displaced indigenous peoples, like from LIBTARD COUNTIES, LIKE HILLSBOROUGH AND PINELLAS...EL PROBLEMO, EL SOLVO.
@@jaysmith2151 Pleased you found my quip humorous. I couldn't resist. There is a lot of truth packed into that humor. Yes, the good times are ending. Kicked back, nice coof vacation, lots of free stuff, rental and mortgage moratorium's, fast food drive thru's open, the good life. Tats, weed, new rims for the Beemer...yes, it's been good times. Now they cut off the bennies, actually expect people to get off their assessment and go back to " Voork" lmao. Guess it will have to revert to people providing for them selves, like in Ca. San Fran, L.A. Just cruise into a store, pick out what you need, want, or can resell thru social media and just bypass the checkout counter and leave. What's not to like? Again, EL PROBLEMO, EL SOLVO.
* EDIT...My friggin phone has gremlins in it...they apparently do not take kindly to derivations of ASS...so they change it to words like ASSESSMENT, which is F'ed Up and makes no sense. I just don't understand their logic. Smh.
@@boogerdog5247 That's what's happening, instead of the foreigners assimilating and becoming more American, they're setting up satellites of Central America barrios.
In 2013 my Tampa apt 675 sq ft no w/d hookup rented 700 month. I moved out February 2020 with rent at 1100. Today it rents at 1400 ... Omg!! I purchased my condo 3 weeks before Tampa closed due to covid. I put 70% down. But in today's market that would not be enough to compete. I would have been priced out.. Today I get people wanting to buy it appraisal free. This market has made me realize that I will not ever sell this place until I have the keys to another place. I don't want to get stuck in a rental trap and being outbidded at every place I apply at. My condo will be paid off next year. HOA fee around 350 month. I can deal with that! I don't know how renters are doing it as I would be forced to work a second job just to pay the rent. And I make over 50k no kids. But I can't afford 1400 a month rent.
The cost of owning property is rising significantly. And the risk of having a bad tenant is also rising significantly. Better for a landlord to have a vacant property with a for sale sign than to rent to a bad tenant.
I don't know why apartments are even as high as house mortgage..it should be less . at least 2 step behind a house mortgage .not over a house mortgage ..florida needs to start getting that secend income from the government this is no longer a retirement state if you're going to sit here and promote Florida for other residents to move to the state than this. State is no longer a retirement state. that one tax state coming into Florida needs to change you're getting more residents with different circumstances and with children with disabilities so Florida needs to start getting that second or third federal state tax. or state tax whichever one is the one that's missing, in this state..for people can have help
As a landlord of 9 properties, as referenced it’s supply and demand. With demand exceeding supply it’s easy for me to justify a 35% average rental increase. For every tenant that decides to vacate, I wish them well and return their security deposit no questions. With-in a few days I have 20 families lined up to grab the rental with some one moved in, in less than 30 days. When the opposite is happening and I have to lower rents and my bills exceed cash in, no one is lining up to help me out.
The only apartments investors will fund are luxury, laws are too pro tenant and anti landlord to build low or medium income rental units so in the name of helping tenants our politicians just screwed everyone
Can see as anyone or more leave otehr states for any reason it gonna cause rent to go up more due to lack of places to live since so many are filling places that now oweners try bank by charge more for rent cause peeps want a place so bad they willing sell their cars for a place so to speak.
The price increases are criminal- but let this show: STOP WASTING MONEY ON LAVISH WEDDINGS!!! If couples divorce over money and infidelity: Why start out behind by going into debt for a "PARTY"???
LoL you should have sent this to my brother 15 years ago also people need to stop trying to keep up with the Joneses. BUT then you have people like me who take home less than $12,000 a year yeah and have no other way of making income. Cuz I get SSDI unless you have any ideas that are legal cuz I'm not going back to my old ways. LoL
@dan allen well--- you pay for it every year in heating bills-- LOL!! I do like Ohio- big fan of Roller Coasters and the town of Medina--- stay safe (and solvent) out there , lol
@@Tania-rg7jp Look at the dress, look at the ring-- NO SUCCESSFUL MARRIAGE needs that. Look at the decore and the photos- some money was spent on a party that could have been done for 90% less. The CHOICE for these lavish things are OF COURSE: THEIR DECISION but when $700 becomes a big problem- it seems their budget ultimately does not have that kind of wiggle room--- but again: the choice was of course theirs to make. I hope they learned something about love and money however, since Money problems are the 2nd leading cause for divorce.
Rent: is coming for your savings account and your car payment and 401k and your credit card payment and beer money wine and whiskey money and groceries money until there is nothing else left and all you earn will be spent on rent so all the investors can retire in style
Sadly The population needs to be 50 percent less than we have now And laws to protect the Middle class and poor So landlords cannot raise rent the way they are doing
It's a crime how the State of Florida raises property taxes so much every year on rental and investment properties. They are much to blame for this disaster. As a landlord you are forced to raise rents. Home owners's insurance is also a major stress factor which drives up costs.
That's easier said than done. Buying a house has become more difficult these days. House prices have skyrocketed. Not everyone has tens of thousands of dollars for a down payment. Hell, over 80% of Americans live paycheck to paycheck and don't even have $1000 for an emergency.
It is very sad. I am a landlord and state housing and HUD have no clue. You have to learn a skill to get paid money and live poor. The government has to control the growth of housing prices but not with mandates but incentives. If you want cheaper rents there is a way. Reduce eviction time and cost and dont need as much deposit and rent if you collect a higher percent overall nonbacancies everyone wins but fucktards in charge have nonexperience
This has been going on for years. Height of covid 2020 had families paying thousands of dollars over asking price and rents soaring. Landlords are parasites and housing prices need to be REGULATED.
House prices have gotten more competitive and expensive than ever before. People would have to have good credit with a sh*tload of money down for a mortgage. Most Americans have little or no savings for an emergency.
The biggest problem for us is that wages aren't even close to keeping up with these rent surges. We need more affordable housing.
Build some affordable housing for the people.
Greed! It’s a shame what is happening here in Florida! It was once a great place to live. Now it’s insanely busy and expensive here. Unbridled building with no plans to build the infrastructure for it. A real nightmare to say the least. Traffic is totally out of control! What used to take 15 minutes now takes 40! It will only get worse going forward.
Because people want to be here
They had money to spend on an expensive wedding and a honeymoon. They misallocated their money. Owning a rental property is not cheap. There are costs that have to be passed down to the renter in order to stay afloat.
In Miami if you commute at 9 and go back home at 5 you lose so much time driving. You’ll be better off just trying to get earlier hours.
We moved to the Eaat coast from Hillsborough last month. Best decision ever. Schools are a thousand times better and we were able to buy a house and not be strangled with rent every month.
I’m convinced that they are trying to get rid of a certain lass of people. Ridiculous and heartbreaking
Yeah, white people.
I moved to Florida 22 years ago. My home in Palm Beach was $73,000. Now it’s valued at $370,00 without upgrades and rising. It’s too crowded here anymore and Orlando is a joke. We’re moving to Thailand. Good luck.
Bye, wish you luck.
That low? My cousin bought his houses many years ago in Palm beach for 70k and sold it in at the beginning of 2021 for 3.2 mil to cash buyers now it’s worth less than 3.2 because of the huge increase of insurance
So now we have to work 60 or more hours a week to afford a roof over our heads with a family to take care of our Children will see us a lot less than they do now this is sad.
It's all part of the plandemic
You and your wife got to work 120 hours a week now so your kids hardly see you now they're being taught 100% by the schools that are teaching them how to be transsexuals and lesbians in elementary schools all the way up along with teaching then socialism which is communism it's how they're breeding the next few generations that's why my nephews refuse to go to those classes with those teachers who do that... I don't have a wife or kids but if you do I just hope to God things work out good for you take it easy brother.
No it's criminal and Florida politicians are to blame - no rent caps.
Make better decisions in life and you be able to afford rent.
I call bs. This is an excuse to raise rent to the max.
Rent is more than mortgage now. You could buy a $200K home for less than rent on a 2Bd/2Ba apartment. I know, because I just applied for a mortgage.
One major problem - no homes for sale!
No rent caps in Florida, more homeless working people with children with nowhere for anyone to live and no solutions?
Rent 1 bedroom in 2014 899
When I left in 2020 it was 1360
Now it rents for 1875! Yikes! I moved out of the area
We need rent caps!!!!
Tampa ain't nothing but a ripoff! Ain't nothing but money hungry 😕
Facts
Hyperinflation going to make it worse Let’s go Brandon FJB this will create more homeless here in Tampa
Homelessness is already a nationwide epidemic, and it's not limited to people living on the streets. Couch surfers, people living in vehicles, shelters and so on are other examples of homelessness.
The government needs to put a cap on rent.
Downtown St Pete, 1BR are going for 25-3500/month. If you choose to pick some thing farther way you are probably going to be in a rougher area of Tampa
That's ridiculous! 😑😕😑
Left California in 2013.
Moved to Minnesota.
Best decision EVER!!
In 2020 bought my 2bedroom condo for $70k 🤣😊 I have my own single car garage. My association fees cover heat, water,garbage and snow removal.
My mortgage is $300 per month.
I couldn't be happier! I'm going to have this place paid off real quick.
Then I'll have to pay $89 per month for property taxes and insurance.
My electric bill is $35 per month.
My association fees are paid for by my stock dividend checks. Yeah I've got it real good. If I would have stayed in California I would be living in my car.
If I can do it so can you!
Much love from Minnesota.
Peace
Open boarders help increase all these UnAffordability problems nation wide!!!!
Hmmm anything to do with the extended rent moratorium??
Time for everybody to pay. Just like shoplifters, everybody pays for the crime.
Looks like San Francisco, Los Angles, West Hollywood, San Diego, Denver, Chicago, New York and NOW Miami you just got The Plague. High homeless rates will be higher since the lost of Germany after the Great War back in 1918.
Now San Francisco and Silicon Valley prices have arrived in Florida.....now DeSantis can enjoy it along with his voters
This is insane and sad and I'm not even talking about for them it's for all of us people don't realize it's a lot of up north dirt bags and people from California who own a lot of property over here who are charging us a lot more for our rent mortgages and lot rent .
Verily I say unto you...This is just the beginning. As jobs are destroyed, and resources become strained, the welfare system won't be able to take care of those displaced, but look at the BRIGHT SIDE...THE $450,000.00 CCP JOE is going to give every illegal immigrant will both PROVIDE THEM WITH EXCELLENT HOUSING AT RATES THEY CAN EASILY AFFORD.
They could even pool their money, and buy rural land, and build GHETTOS for displaced indigenous peoples, like from LIBTARD COUNTIES, LIKE HILLSBOROUGH AND PINELLAS...EL PROBLEMO, EL SOLVO.
@@boogerdog5247 LMAO don't forget Orange county and Dade county also Polk county too.
@@jaysmith2151
Pleased you found my quip humorous. I couldn't resist. There is a lot of truth packed into that humor.
Yes, the good times are ending. Kicked back, nice coof vacation, lots of free stuff, rental and mortgage moratorium's, fast food drive thru's open, the good life.
Tats, weed, new rims for the Beemer...yes, it's been good times.
Now they cut off the bennies, actually expect people to get off their assessment and go back to " Voork" lmao.
Guess it will have to revert to people providing for them selves, like in Ca. San Fran, L.A. Just cruise into a store, pick out what you need, want, or can resell thru social media and just bypass the checkout counter and leave.
What's not to like? Again, EL PROBLEMO, EL SOLVO.
* EDIT...My friggin phone has gremlins in it...they apparently do not take kindly to derivations of ASS...so they change it to words like ASSESSMENT, which is F'ed Up and makes no sense.
I just don't understand their logic. Smh.
@@boogerdog5247 That's what's happening, instead of the foreigners assimilating and becoming more American, they're setting up satellites of Central America barrios.
In 2013 my Tampa apt 675 sq ft no w/d hookup rented 700 month. I moved out February 2020 with rent at 1100. Today it rents at 1400 ... Omg!!
I purchased my condo 3 weeks before Tampa closed due to covid. I put 70% down. But in today's market that would not be enough to compete. I would have been priced out.. Today I get people wanting to buy it appraisal free.
This market has made me realize that I will not ever sell this place until I have the keys to another place. I don't want to get stuck in a rental trap and being outbidded at every place I apply at. My condo will be paid off next year. HOA fee around 350 month. I can deal with that!
I don't know how renters are doing it as I would be forced to work a second job just to pay the rent. And I make over 50k no kids. But I can't afford 1400 a month rent.
Everyone in Illinois is moving to Florida before they get shot! Lol
Depends on what part of Illinois. Vast majority are from Chicago.
The cost of owning property is rising significantly. And the risk of having a bad tenant is also rising significantly. Better for a landlord to have a vacant property with a for sale sign than to rent to a bad tenant.
Hummm...so you make repairs in a timely manner,respect your tenants privacy,treat your tenants like human beings????.Nope.didnt think so.
.
I don't know why apartments are even as high as house mortgage..it should be less . at least 2 step behind a house mortgage .not over a house mortgage ..florida needs to start getting that secend income from the government this is no longer a retirement state if you're going to sit here and promote Florida for other residents to move to the state than this. State is no longer a retirement state. that one tax state coming into Florida needs to change you're getting more residents with different circumstances and with children with disabilities so Florida needs to start getting that second or third federal state tax. or state tax whichever one is the one that's missing, in this state..for people can have help
As a landlord of 9 properties, as referenced it’s supply and demand. With demand exceeding supply it’s easy for me to justify a 35% average rental increase. For every tenant that decides to vacate, I wish them well and return their security deposit no questions. With-in a few days I have 20 families lined up to grab the rental with some one moved in, in less than 30 days.
When the opposite is happening and I have to lower rents and my bills exceed cash in, no one is lining up to help me out.
Because you CHOSE to be a bloodsucker!!!
I have a 1 bedroom apartment. Its was 540 at the start now its 720
My mortgage is $1200 zero down payment there ways to around the oppressive system
BLAME JB! 👿
It’s greed calling it what it is.
Same across the board.
The only apartments investors will fund are luxury, laws are too pro tenant and anti landlord to build low or medium income rental units so in the name of helping tenants our politicians just screwed everyone
Can see as anyone or more leave otehr states for any reason it gonna cause rent to go up more due to lack of places to live since so many are filling places that now oweners try bank by charge more for rent cause peeps want a place so bad they willing sell their cars for a place so to speak.
the area doesnt pay enough and the area is crime ridden
People are crazy why are they moving places that are unaffordable
The price increases are criminal- but let this show: STOP WASTING MONEY ON LAVISH WEDDINGS!!! If couples divorce over money and infidelity: Why start out behind by going into debt for a "PARTY"???
LoL you should have sent this to my brother 15 years ago also people need to stop trying to keep up with the Joneses. BUT then you have people like me who take home less than $12,000 a year yeah and have no other way of making income. Cuz I get SSDI unless you have any ideas that are legal cuz I'm not going back to my old ways. LoL
@dan allen so you're one of the dirtbags who moved here from up North is what you're saying? Figures
@dan allen well--- you pay for it every year in heating bills-- LOL!! I do like Ohio- big fan of Roller Coasters and the town of Medina--- stay safe (and solvent) out there , lol
@dan allen LOL
@@Tania-rg7jp Look at the dress, look at the ring-- NO SUCCESSFUL MARRIAGE needs that. Look at the decore and the photos- some money was spent on a party that could have been done for 90% less. The CHOICE for these lavish things are OF COURSE: THEIR DECISION but when $700 becomes a big problem- it seems their budget ultimately does not have that kind of wiggle room--- but again: the choice was of course theirs to make. I hope they learned something about love and money however, since Money problems are the 2nd leading cause for divorce.
Rent: is coming for your savings account and your car payment and 401k and your credit card payment and beer money wine and whiskey money and groceries money until there is nothing else left and all you earn will be spent on rent so all the investors can retire in style
Floridafornia 🤣. All you need now is the $5/gal gas prices 👍
Yeah palm harbor is hella fucked rn I got up outta there too
Sadly
The population needs to be 50 percent less than we have now
And laws to protect the Middle class and poor
So landlords cannot raise rent the way they are doing
Let’s go Brandon FJB
Amen to that 🙏
What is "Let's Go Brandon" going to do about the rising cost of living?
It's a crime how the State of Florida raises property taxes so much every year on rental and investment properties. They are much to blame for this disaster. As a landlord you are forced to raise rents. Home owners's insurance is also a major stress factor which drives up costs.
If you dont have the rent move to los Angeles or chicago
Buy a home or pay the price for the moratorium
That's easier said than done. Buying a house has become more difficult these days. House prices have skyrocketed. Not everyone has tens of thousands of dollars for a down payment. Hell, over 80% of Americans live paycheck to paycheck and don't even have $1000 for an emergency.
It is very sad. I am a landlord and state housing and HUD have no clue. You have to learn a skill to get paid money and live poor. The government has to control the growth of housing prices but not with mandates but incentives. If you want cheaper rents there is a way. Reduce eviction time and cost and dont need as much deposit and rent if you collect a higher percent overall nonbacancies everyone wins but fucktards in charge have nonexperience
God bless the poor but help yourselves too
isn't it lovely? life under this president.
This has been going on for years. Height of covid 2020 had families paying thousands of dollars over asking price and rents soaring. Landlords are parasites and housing prices need to be REGULATED.
@@shadowwolfkano Last thing that will fix high prices is more government intervention.
You robbed landlords and still taxes us now we are selling. Im never renting again nOT for rent at any price
MOVE!!
move where ? its everywhere
Go buy a house
House prices have gotten more competitive and expensive than ever before. People would have to have good credit with a sh*tload of money down for a mortgage. Most Americans have little or no savings for an emergency.