i've only had oil changes done there, and they are able to take me without a reservation, and turn it around in under an hour, and its like 70 or something. they have also alerted me to issues that were under warranty causing me to take the car to nissan before the issue turned into a worse issue.

That's because Harris County is four times the size of NYC. You can find a decently affordable home out in Paterson, too.

The equity vultures are feeding at a housing shortage massacre caused by decades of rent control and exclusionary zoning, enacted and preserved by people trying to freeze the status quo.

New York State just defeated a measure that was trying to increase density in transit suburbs. This is what has caused high housing costs.

restricting supply doesnt work, but neither does entrusting basically all new construction to giant companies who definitely are for sure 100% legitimate and above board. it also doesnt help that the budget for the city is completely mismanaged

Are they reasonably priced?

Growing up in that area whose parents literally grew veggies on the chromium sites 🫣 🤭 explains why I glow in the dark 🤷🏻‍♀️

airbnb didnt help, but not for the reasons we think. if it was actually a bunch of people that just rented out their space i wouldnt care, but it was megacorps buying up massive amounts of properties. also theyre always gonna move the goalpoasts so there isnt gonna be a win ever

If rent is too high in Jersey city or Hoboken, try moving to Manhattan.

Did those payments go up 25%?

Your $200/month (wtf?) apartment was definitely more of an exception than a rule. Marketwide, rents there haven’t gone up anywhere close to 10x since 2006.

Prices have been going up in Houston, but not nearly as much as they have been in the NYC metro area.

A solidly middle class family earning <$100k in Houston can still afford to own or rent a decent home in a decent neighborhood. Good luck doing that in most other coastal cities where NIMBYs rule the roost.

Are you lost? Are you illiterate? We're not talking about NYC, we're talking about new jersey, and where did I say that rents in Houston were as bad as nyc?

The "taxes" excuse is the laziest one the apologists have. For some reason they never seem to explain why landlords in places the taxes didn't go up also raised rents.

Human checking in! You can actually look at tax abatement data and information here - it's a couple years old, but will give you a good look at what's out there: https://civicparent.org/2021/07/26/jersey-city-2021-budget-160-abatements-on-citys-books-visualizations-on-abatement-type-value-pilots-and-taxes-if-billed-in-full/

&#x200B;

So if your building claims that they are raising because taxes went up - double check here to make sure that's true!

The goalposts will always move. They won't settle until it's illegal to build anything. Then the rich people from Brooklyn will buy everything up instead of moving into new construction, and they'll still be pretending restricting supply works.

Here's a tip: your "mom and pop landlord" is also raising rents and already was well before the recent property tax increase. Look at old small buildings on StreetEasy. Look at the rent history. Bonus points for looking at NYC units where no such tax hike occurred yet the rent went up all the same.

Stall #3 in the city hall restrooms

What is this? A pair of comments with actual facts about the city tax abatement program instead of randomly generated nonsense? Mind blown

What's insane about that commenter is they keep insisting Fulop is handing out tax breaks when in reality he eliminated that practice. Just absolutely devoid of any touch with reality.

Say again with a straight face that Houston rents are as bad as NYC? That's the most hilarious thing I've read all day. Please do tell me where I can buy a 300k house in this area and find a rental for 1100 a month.

> We've had rates at near zero for years now

What? Avg interest rates for 30 yr right now are 7%. In what world is that "near zero"?

You are making too much sense

"trust me bro"

Because any time you say "supply and demand" on this subreddit certain people's heads explode. Yet they have no problem understanding it when it comes to food or car production. No one in their right mind would argue to stop the production of new cars to bring down car prices.

Collusion is bad, and also supply and demand is real.

/u/Ilanaspax likes to be edgy just to be edgy. being grounded reality is too much for them

Challenge: Find a single thread containing the word “rent” that also doesn’t contain either “soar” or “skyrocket”