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Rating - 99.1%
225   2   0
Lmao. But let us not dismiss the fact he is right. The rent is to damn high.


Not sure what's "too high" can be defined as but from personnal experience:

In NYC, one can easily rent part of his house out and make enough mortgage and keep one floor to themselves if it's a three+ legal family house.

In Orlando Florida, renting out the whole house cannot make enough to pay for the mortgage and thus the real estate market is quite weak there. I rented a house with 6 rooms for only $1200.00

In Kansas, renting is not a major aspects in real estate market while renewing old house and resale is a VERY BIG thing there. Most of the home owners there that I come across, buy and sell 3-5 properties a year.
 

jerl77

Advanced Reefer
Location
long island ny
Rating - 100%
100   0   0
dont worry the republicans will make it all better wait until they rise the taxes again then your rent is going even higher:shhh: sorry i went there :tongue1:
 

roc5288

ReefersDelight
Location
Ellenville NY
Rating - 100%
93   0   0
Not sure what's "too high" can be defined as but from personnal experience:

In NYC, one can easily rent part of his house out and make enough mortgage and keep one floor to themselves if it's a three+ legal family house.

In Orlando Florida, renting out the whole house cannot make enough to pay for the mortgage and thus the real estate market is quite weak there. I rented a house with 6 rooms for only $1200.00

In Kansas, renting is not a major aspects in real estate market while renewing old house and resale is a VERY BIG thing there. Most of the home owners there that I come across, buy and sell 3-5 properties a year.

$1200 For a lot of people out there, is to damn high. Not to mention places like the lower east side. A studio can go for $ 3000 with the bath tub in the kitchen.
 

greggnyce

Advanced Reefer
Location
Bellport, NY
Rating - 100%
16   0   0
The rent is too damn low for some. Rent control is killing the tax revenue in the city, especially since it is abused.

Becarefeul the rent is too damn low guy is a karate expert and those gloves are awesome!!
 

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