Go look up their website current prices and report back. Let’s see how shocking it is.
$1300 --> $1800 2 bedroom 2 bath
It’s been more than 15 years since I rented. But it was around $370 and now they’re charging $1000-1750. Not sure what the difference is for the 1BR apartments to have such a range. They list the same floor plan and square footage. My only guess is that this place has electric heat for some of the units so these might be the less expensive ones might be those with electric heat and they want a tenant before winter hits.
8 years ago I rented a relatively large house for 750 BRL, which converted to $215 at the time. The same place is now twice as much in BRL, but the conversion rate changed and 1500 BRL is now worth $294.
The tale of one rental
2016 - $800
2017 - $875
2018 - $900
2019 - $1100
2020 - $1100
2021 - $4800, and I left that city and moved to another one to halve my rent to $2400 in a one bedroom.
Jesus! Do you mind saying where this was? That’s bonkers.
Beach side Tampa FL. Was pretty crappy. Craziest part was that was with the employee discount of the rental company too.
When I moved to the house it was worth 325k which was about 20k more than the immediate house next to mine was worth and was sold for in 2018. Post covid that same home sold for $50k over aksing value in cash within a day of listing at just under 1.5 million. Many people moved that year after selling.
The market isn’t quite so insane anymore but still wildly expensive sitting at those values when I moved. No one is buying at those rates anymore but no one is willing to budge on selling price either.
Wild. The glut of folks flooding into Florida must have something to do with it. Maybe the rich are kinda eating themselves?
Hope you’re enjoying your new place!
Oh yeah new place is great! You’ve hit the nail on the head with your guesses it’s a combo of these tbh. The one thing about that old house is it was wrecked two years later by a hurricane. Was completely under water and torn apart. So the rich def ate themselves there. Even more so because three insurance company didn’t pay them out.
I looked up a dump I lived in in Durham NC 1996-99. I paid $420/month for a two bedroom.
Today they want $2500/mo but they upgraded to grey click flooring.
university housing was like $9K for two semesters, roughly $1k/month, which included a room, utilities, internet, laundry facilities, gym access, and a cafeteria meal plan (iirc 15 entries per week)
looks like now it’s like 15-17k
I paid $450 for a single room in a house share ten years ago. Now it’s $850 for rooms on the same street
$2,300 now and ~ $1,500 in 2016. 🥲
The bigger shock is our previous apartment that we left in 2014 because it was an unlivable dump. It was like $1600 (had roommates) but got gentrified to $3700 💀
My mortgage is 450€ and was the same 10y ago (fixed rate).
Meanwhile, my friend’s rent was 350€ 10y ago and 550€ today.
The first listing was in 2017 it was $2800. Now I pay $3500. It’s a full sized house though.
$1600/mo, but they raised it to $2600/mo a year later. I moved out.
That was about 10 years ago.
10 years later and it’s back down to $1600/mo.
$570 for my share of a crappy house in the middle of nowhere
Now I pay… Oh god, a lot. Quadruple that. But I live in a really nice city an ocean away
That’s pretty funny that you say ten years ago because that’s exactly how long ago we moved into this house. So the last apartment we stayed at was exactly ten years ago (and a few months).
The rent we paid at the time was $2200 USD. It’s now $3000 which is actually less than inflation.
I did not pay rent 10 years ago on account of being a kid, but I do know what it was, which is 150€/month. Anywho that specific apartment also isn’t listed at the moment but places of similar size in a similar area are ~450€ it looks like :3, though those ones are also in a nicer state than the place we used to rent
Was £1,235/mo in 2016, now a similar flat in the same block is around £2,000/mo.
Honestly, I’m surprised it’s not higher.
