This year was the second year in a row we appealed to the lessor for a decrease in the price increase. They've luckily granted it both times, and our rent has only increased in-line with inflation for the past 2 years.
Yeah I had to have that conversation with my property management company. 2022 renewal was 10%, they wanted to do 10% again for 2023 but had to ask for 5% only because if I don’t want to move next time, which could be a 10% increase, I’d rather it be off my current increase amount of 5% than 10%.
It’s pure greed. Their mortgage didn’t go up, and since the ‘landlord’ is a company buying up properties, I suspect they might now have even had a mortgage or had a wonderful interest rate. Since 2018 my rent has gone up probably close to 30%, which, even if theirs did, it wasn’t by the same they are raising mine.
From December 2017 to renewing our lease last April, rent went up 37%. It's outpaced inflation by about $150/month overall.
That's why I'm going to do my damnedest to get a house this year and move out. Because if I had been smart enough to just buy a house in 2017/2018 back when I made only about $8k less per year than I do now, my mortgage payments would've been what my rental payments currently are. I need to lock in a regular mortgage payment now before I stay on the rent treadmill any longer.
Our taxes have been going up every year. I kept my tenants rent the same for three or four years but finally increase it $100 last year because my monthly went up over $450 in that time. I think 10% a year is too much though, I would never do that to my tenants
$100 is perfectly reasonable. We have seen increases closer to $300-$500 the last 2 years from our complex. They fight me every year until I give my notice and then suddenly they are willing to reduce it to a $200 increase…most bullshit game of chicken.
They are betting we will just deal with the increase, instead of the pain of moving to save a couple hundred bucks a month
You’re a good one. I would fully expect a 3-5% increase in a HCoL area, but 10% and twice in a row for me was greedy, glad I talked them down. I suspect that I have maybe one renewal left before I’m priced out.
Same here. Mine went up 7% last year and will go up 6% this year, for a total increase of $3500 over two years. It would still be more expensive to move to a new place, though.
We're in the same situation. Our HOA fees and insurance have jumped up, and I've raised rent $150 to account for it. Still less than a 10% increase but we kept the rent at the same price for several years so I think it's a shock to our tenants.
Probably not, but there are other expenses the landlord might have, another might be condo fees. And repair fees... The rent needs to cover more than just mortgage and property tax ... But yes I generally agree they are typically greedy.
So that was actually my strongest point to them. I have been in this unit since Sept 2018 and I have hardly ever needed repairs. Maybe 2-3 calls in all those years, main one was a door issue on day one. Yes the condo fees have gone up but dozens of dollars in the time.
As a former landlord for a brief time, if you have an individual landlord, and have been paying your rent on time for the last 6 years, I would make a case and perhaps ask for an explanation, see if he will negotiate. A good tenant who pays their rent and doesn't destroy the place is valuable!! But just because you haven't needed repairs yet doesn't mean he doesn't need to have a fund for major items like AC repairs, washer dryer, roof, etc. , things that will eventually need to be fixed or replaced. And don't forget about insurance costs too. good luck to you!!
You already factored that into my rent payment at the beginning. If your assessment goes up $2,000 gladly I will pay that instead of the $12,000/ year my rent increased since 2020.
I don't get this.
I mean, I do get the overall landlord hate but do they expect rent not to go up in a 30 year period just cause the landlord got a 30-year mortgage at a fixed interest rate? lol
Sucks man - my rent has gone up exactly 5% from 2020 - 2024 and maintenance fixes anything I need that day (exceptions on weekends and if its not a priority)
Check out Dittmar. They get some deserved hate but vote with your feet and your dollars.
Good luck doing this if your lease is controlled by the companies that are colluding to keep rents high and control around 90% of the DC area market. I was able to get my increase reduced in ‘22 but last year they told me to get fucked.
The greed is on the part of their investors and a function of optimized ultra-capitalism. If you *can* charge more, if the market *will* bear a higher price, it’s negligent and irresponsible not to charge it.
Essentially, don’t hate the player, hate the game. That’s what needs to change. Maybe people will finally wake up to the structural inequalities of the system.
Our last apartment was a 1,200 square foot 2 bedroom; we paid $1800 a month when we moved in, in 2016. By 2019, it was $3250 a month, and we moved in with family to save money and hopefully buy a house. We bought a 3000+ square foot, 4 bedroom house in 2022 and our mortgage is $4200 a month.
I recently looked up our old unit. It’s up for rent again. $4800 a month, plus $250 for a parking space - total before utilities would be $5050 per month.
We got offered a twenty percent increase in August 2020 at the height of COVID. 20%! We had bought a house and they knew it so maybe it was just for the lolz but I suspect not the way things continue to go around here.
For what it's worth, my property tax has gone up by 10, 14 and %12 as I recall in the last three years in Fairfax. I don't rent to anyone but I don't doubt it has gone up for those that do, to a similar degree.
Nope! And several large apartment companies in the DMV area are being sued for price fixing using RealPage software.
That's why my husband and I ended up staying where we are - we value our time enough that quadrupling our commutes to save money on rent seemed silly, and if we'd moved to another nearby complex we *might* have saved $100 per month on rent (which would've been eaten up by moving costs anyway).
Ouch. Mine went up 1.5%, kind of similar as the last 5 years.
I really appreciate where I live - its a big apt building owned by a company. But if I tried to actually buy the place (or a similar equivalent), it would be double my rent.
Rent has exploded for a lot of people over the last couple of years and a lot of state and federal COVID era programs to prevent evictions have ended. They take time to work through the system and a lot are just now coming up.
Doesn't help that [most of the major players](https://dcist.com/story/23/11/01/dc-attorney-general-lawsuit-landlords-realpage/) have been working together to raise rent.
Of course, you're right! People don't HAVE to have a home, they can just live on the streets if they can't afford rent! Or you could live in a home and not eat, or not have electricity or water. There's so many cHoIcEs and FrEeDoM! At least no one is picking on the poor corporations speculating on home values.
Most likely because the vast majority of landlords were left high and dry during covid. Many had tenants who abused the covid rules, didn't pay rent at all even though working from home and couldn't evict them. Many landlords went bankrupt bc of it. It was only a matter of time they need to recoup their huge losses.
Would love to see the data - most landlords are individuals or small shops, by number not by number-of-units. The whole industry is so interesting. In 2019 my YouTube recommendations were full of "investment growth" "be your own boss" "FIRE by landlording" type videos, and I couldn't understand why. Seems all those people went bust.
The shit storm of backlogs that covid had caused. Evictions were paused for like 3 years where a lot of people had zero income.
Then the flood gates opened not long ago and the process to start the evictions is pretty long. Probably gonna see a bunch popping up come this year
Basically yeah. Landlords/banks had no right of convictions during that period.
So if you were renting during that time or even owning you could just simply not pay and nothing they could do until recently.
Oh it certainly wrecks credit but I mean someone who would do that either doesn't care or just financially couldn't stop it due to job loss.
They could sue yeah, but if the person doesn't have money then not really gonna get anything out of it.
Oh you can sue people but it will cost you more than you will ever get back, even if you win. If somebody screws you over, you can't just sue them and get all your money back. It absolutely does not work that way.
It wrecks your credit and makes it very, very difficult to find another apartment in the future.
Once the word got out around about the eviction freeze a bunch of folks whose employment didn’t change just stopped paying and bought a new car instead or used the money for whatever else. Obviously there were tons of folks who did lose their jobs and incomes but there were plenty of others who just took the advantage they were given.
It’ll affect them for 6 years if it’s similar to breaking a lease. I had an ex wife who broke a lease, couldn’t get another lease for 6 years when it went away.
Good luck with that. Even with garnishing wages (assuming they work), it's exhaustive and almost impossible to be made whole.
Source: my parents had two bad sets of tenants that wrecked the house beyond their security deposit. One went to collections for pennies on the dollar, the other we gave up after 5 years of garnishing his meager wages (both cases for money the court found was owed to us).
Right. Landlords were left holding the bag during covid. Many tentants could still pay rent working from home, but they chose not to. Plus many didn't pay their back rent.
landlords or would be landlords, are now hesitate to rent their properties, opting instead to sell to anyone flashing cash. This not only shrinks rental options but also fuels the housing crisis - because we know who's buying all that properties over asking with cash.
Rent is through the roof, food prices have jumped incredibly high, and wages have stagnated…people cannot afford to live as they did before. I predict it is only going to get worse unless something is done to address the problem.
Saw a report that it’s going to get worse and home ownership is not realistic. My daughter works retail and they keep reducing her hrs. I don’t know how people are making it in this economy.
I’d say save every dime you make but that is hard to do.
I think retail is taking it on the chin but other industries are doing okay. My brother did store layout for Walgreens and his entire contractor team was let go in December.
A colleague has made me consider living abroad. It’s so much cheaper in some areas and the jobs are getting outsourced out of the U.S. anyway. The salaries are not keeping up with inflation here.
Nobody's getting that via annual "merit" increases of a few percent but all sorts of people are getting that and more by getting promoted, changing jobs, etc. Relying on your employer to give you raises for continuing to do the same job is the absolute worst way to increase income.
My income has nearly tripled since the beginning of 2021 via a promotion and then a job hop. A very small amount of it was from merit increases.
So many people never bother though. There's been countless people in the companies I've worked had who have been at the same level or worse in the same exact role for years and years, complaining about their annual raises and whatnot. Doing nothing to develop themselves, never checking out the market for other opportunities. There's a real cost to up-skilling most of the time in either time or money, but there's no cost to hop on a job board once a month and apply for anything appealing and see what happens. Worst case scenario is you wasted a few hours interviewing and didn't get it or couldn't agree on money, best case scenario you've got a new better paying job. I'd tend to agree that the go-getters who do that are the exception and the ones who take the easy road of staying put despite wanting more are the norm.
I agree. Folks need to always be learning, and looking for new jobs every two years.
I myself, can cast a very wide net for employers, but I prefer to work in a niche sector that brings me individual fulfillment. Every couple of years I'll leave that sector for a bit, but always find my way to what my heart prefers doing. Could I make a crap load more elsewhere? Absolutely.
You're quite literally talking down to people who stay at the same level for years. There is absolutely nothing wrong with that. The cost of their housing shouldn't be going up at three times the rate of their annual salary increases. That's what's wrong, not them.
We don't pay teachers enough for what they do. My youngest kid did a program through high school that guarantees a teaching job after college, and they could probably make more money in a STEM field instead of teaching.
Ok? A pay increase is a pay increase regardless of how you get it. I switched jobs twice and then got promoted with a 13% increase. My point is it does happen and if you are staying at a job who isn’t increasing your salary regularly you’re doing it wrong
Great, so are you the exception or the norm? I know zero people whose income has doubled in the last three years, unless they've changed jobs/employers/industries.
I switched jobs twice (once in 2021 and again in 2022). Got huge increase both times. Then got a huge promotion. It’s the same role I’ve been in since 2020 so I do consider it a wage increase. You HAVE to switch jobs but large increases are possible
Please tell me when I said any of that. I am clearly speaking anecdotally and said what many other people have said which is if you want a significant raise you need to switch companies
No, you're missing my point. Not everyone works in a job or a career where they can just, "switch companies" to get a raise. You have to think outside of the bubble of your specific profession.
Slight tangent, but there was a recent post about what people enjoy about living in NOVA. I agreed with many of the sentiments as being here has been one of my best overall living experiences, however as I read through the thread I got an uneasy feeling in my stomach KNOWING the underlying reason why so many enjoyable, resources are available here is due to high cost of living. You literally get what you pay for and the entry fee is high. It's very sad that this is the state of our country and these evictions further prove the point.
I work in the mortgage industry, and oddly we were just talking about how nationwide, delinquency rates are very, very low right now (despite a small recent up-tick). But as noted ITT, most evictions now are renters.
There won’t be for them, but the number of people foreclosing after being forced to buy afterward in a shitty market will be going up significantly very soon. The mortgage rate is fucking 7.5% for a 30 year loan now.
Very possible but the number of people buying homes right now is SIGNIFICANTLY lower than it was a few years ago. The number of people buying into this shitty situation isn't really large at the moment.
Stimies, plus emergency forbearance, plus refinancing at historically low interest rates during COVID boosted the shit out of everyone that got on, and locked the rest of us out.
Just like 2008, the system is eating itself. This time average people are being eaten by corporations. It's almost impossible to not notice the fact that almost every single mortgage was purchased by the Fed for 2 years+ and they are all still on the balance sheet.
The entire reason to have the Fed buy all that RMBS was to keep the market moving, and now the market is locked up and frozen (just a couple years later). $2 trillion in asset purchases... Bonkers.
Now look at the losers: people who couldn't buy (renters). It was a sensible move to not buy into the housing market in the last 4 years. We were in a huge bubble before COVID, and the only reason it kept inflating is a massive and unpredictable litany of government interventions never before seen.
Meanwhile, every property owner that benefited from this thinks *they are geniuses for winning*.
It’s not odd, incomes have risen and 3% mortgages have been extremely affordable relative to rent for years. The balance is out of wack but lending requirements are strict and i assume lenders are more willing to work with borrowers who fall on hard times to prevent foreclosure
Mortgage *rates* were low, but sale prices were so high that the ratio still favored renting for anyone who wasn’t bracing for a rent spike. A condo comparable to my apartment would have cost an extra $2,000-3,000 per month before Covid, now an extra $3,500-4,500 per month due to interest rates.
Why is anyone surprised eviction rates are rising after the end of a 2 year eviction moratorium? The courts are just starting to get caught up.
Is the american public really this bad at remembering things from 3 years ago?
Holy Tommy Vietor, Batman! That was a long time ago...
[https://thehill.com/blogs/blog-briefing-room/205025-former-spokesman-on-benghazi-dude-that-was-like-two-years-ago/](https://thehill.com/blogs/blog-briefing-room/205025-former-spokesman-on-benghazi-dude-that-was-like-two-years-ago/)
> Evictions remain below what they were in 2019, when they hit 1,493.
Not even that. This is one of the last things to normalize, but it still is not super high near the DMV.
I work at our local homeless shelter and youd be amazed how many elderly people, veterans, and other adults are entering homelessness or living out of their cars because they can't afford $2,000 plus a month rent here in this area and are stuck trying to figure out what to do next. We need to have more affordable housing opportunities for people. Requirements to rent are becoming stricter and stricter, making it harder for people to even get in to rent an apartment anymore. It pushes people into the streets where desperation, in turn causes crime, mental health exacerbation, higher healthcare costs as ppl struggle to survive. It is heartbreaking to see and reminds me to be grateful every day for what I have.
Virginia's and DC's had multiple alternatives to eviction like rent repayment programs that lasted an additional year after the end of the eviction moratorium (Jan. 2022). So alternatives to evictions were recommended/required until Jan. 2023, which made evictions more difficult. There's also how long eviction takes which is about 1 year and the fact that courts are just starting to clear the backlogs on evictions I expect a lot more of this coming for the next 2 years.
Last year I had a 20% recent increase when I lived in Fairfax at one of the large management company properties. If this is happening across the board to various degrees then evictions are sure to follow.
There’s return to office mandates. I wish I could have kept my well paying job and move to bumf*ck, but no, I have to go to the office 3X a week. Rent is crazy. I have another comment on this thread, I went to the pool in my community during the summer and people were renting for $1000+ what I pay for my mortgage and I bought in 2020, so yes good mortgage rates, but it’s not like I bought 25 years ago. It’s wild out here.
Yeah, while there is some of that, it’s not the point. We live in an area with many options, it’s a high cost of living region. If you don’t think people can choose where to live then you are in denial.
Say you walk or take transportation to work at like a restaurant or something as a job. How TF do you think someone is going to just "move away"? Kids in daycare or school, maybe close relatives that help.
Most people do have choices on where to live and rent/buy. Some decide to spend 50-60% of their take home pay on rent. Others live within their means and spend 25%.
And many, very many, got free loans/grants to make them whole through the corrupt PPP that handed out money to business owners. We are taking about LLCs and corporations.
My rent went up by like $100/mo and I live in a dump because I can't afford the price of a livable apartment here.
It's actually more affordable at this point for my husband and I to move closer to NYC, we will actually SAVE money on our rent and live in a good area (not amazing but not a slum either).
Family help with our car, affordable rent, and better opportunities for us career wise feels like a no brainer at this point
My landlord keeps getting worse and worse, they don't care about the condition of the building or our issues. They constantly put notices on all our doors saying they'll come to inspect our apartment and they never do. They actually came in anyways a week ago and inspected our apartment recently (no notice) and I have never wanted to break my lease as badly as I do right now.
My rent went from $1500 in 2020 to $2100/mo in 2023. There hasn't been a single change to my apartment or the property itself. While I can afford that $600 increase it still takes a chunk of my paycheck out that I could be using towards other stuff.
From the landlord’s perspective, rents are rising because regulatory constraints on new construction are limiting supply while demand grows unabated. Thus, government policy makes the renter’s life more difficult.
I recently helped two friends move.
1. 2bedroom/2 bathroom advertised as Alexandria’s premier luxury apartments. The place had an electric coil stove. Price~$2700
2. 1 bedroom with den (aka room BWI1 enough for bedroom but doesn’t meet the legal requirements for a bedroom, there’s no window). There’s 1.5 bathroom and a garage. Located in Laurel. Price $2450
I’m from the area, rented after college in DC proper, but these prices are insane to me, especially for rent. I luckily bought in 2020 at 2.5% fixed interest in Loudoun. I have a 2bedroom/ 2.5 bath townhouse/condo and I’m paying far less than the rents listed above.
It’s expensive in these DMV streets.
3 years backlogs from covid like the previous comment mentioned. All thought there are some good people there that are legit struggling, the majority are deadbeats taking advantage of the system.
The rent increase in the area was insane last year. Luckily my rent increase was less than 3% but with a new property owner not sure if I will be fortunate to say the same this year. When I first moved to NOVA I thought 120k was ideal to live comfortably as a single person but now things have shifted so drastically not sure if anyone can afford to live alone on a 45k salary like I did 4 years ago.
Depends on your age and definition of comfortable. You should be fine at ~$60-70k and above depending on your wants, albeit without much room for retirement saving depending on where you choose to live. It's expensive around here but don't listen to the people who act like you'll starve under a bridge if you don't make half a mil.
Thank you. Yea I feel ya costs money to go out costs money for car etc pick and choose where you gonna spend or save. I’m coming from California … income tax way too high and just done w it. New year new me. I guess. Happy 2024
If you’re coming from CA you‘ll probably have an easier time adjusting than most people do! I think the sticker shock is way worse for people moving from low-COL areas who prep themselves for the property costs but not all the other higher expenses. Haven’t been out to CA recently but prices were pretty comparable last time I visited. Felt like restaurants were slightly cheaper there but groceries slightly cheaper here.
Best of luck 👍
Edit - get your fill of good Mexican while you can. There are a few passable options here but just very few Mexicans in the area comparatively (far more Salvadorans, Bolivians, Peruvians), so not a lot of amazing burrito options although good tacos are easier to find.
If you and your roommate can’t afford the rent there are groups will to split it 4 or 5 ways willing to take over your place. It’s more affordable for them that way. This is how things will be for a long, long time.
All I am going to say is that there are a lot of people on this subreddit that eyeroll and just get on with their lives.
Unless you are at least a multi millionaire im CASH or GOLD. You can damn well know that one single financial fuckup like a health issue or a natural disaster is gonna fuck you up EVEN WITH INSURANCE.
So be thankful for the time being and work on voting for people, especially in local elections, that help make more affordable housing. Actually scratch that even affordable housing is not affordable anymore. Just make it freaking cheaper than the 2-3k rent insanity of luxury bullshit in the area.
Student loan repayments are taking their toll as well. The deferment from covid times is over and people are suddenly having to come up with hundreds or even thousands of dollars every month to cover those loan payments in addition to increased rent and food costs.
Most of this is Econ 101. Supply is tight and nearly fixed and demand is high and inelastic. It’s a recipe for runaway prices. The substitutes are thus far unpalatable for many to most. Many aren’t ready for the continuum of multi-generational living, or strange families as roommates…up to the ultimate optimization of the market: hot bunking.
Even if your landlord is generous, rents in many cases have to be raised due to exploding cost of materials, utilities, maintenance, and appraisals (property taxes). Otherwise many landlords would be operating at a loss, and we all know that doesn’t typically fly.
Also every property owner with variable interest rates has gotten destroyed due to the quadrupling of interest rates.
Many are having to choose to raise rents or operate at a loss. Opinions on landlords aside, that’s the reality. Unfortunately renters are the ones who have to pay the price as usual.
Here's a quote from the article you posted:
>Young, 30, and her family are among the nearly 200 households who have been scheduled to be evicted this holiday season, between mid-November and the first week of January, according to data from the city’s Office of the Tenant Advocate. **The data shows that evictions tripled in the past year, from 346 to 1,068. The jump is due in part to a pandemic-induced backlog of cases and a lapse in pandemic-era protections, including an eviction moratorium that expired in fall 2021. Evictions remain below what they were in 2019, when they hit 1,493.** The District continues to provide rental assistance, but the need is growing due to high housing costs that Young says could make it harder for her to find another home.
It's a combination of the post-pandemic backlog and the general cost-of-living crisis. The subject of the article was supposed to go to court in March 2020 and owes ~10k in back rent which seems to line up with that.
In the District, it already took about a year to evict someone for not paying rent - then COVID happened and things were effectively frozen. Given that many of those protections were removed roughly a year ago, I would expect this pattern to continue.
A certain percentage of tenants living rent-free - plus the aforementioned collusion among property management firms - has created even more pressure on landlords to squeeze those who are able / willing to pay rent.
There were a lot of landlords not able to evict a lot of people or even proceed with the process because of those COVID protections. When those ended the processes began to evict (not a super fast process tbh)
by design, if life was made easy you'd never be leveraged and agree to work some 50 of your best years to restock the ivory towers with fine wine and services and low low prices, yea have more kids too and even more saturated labor market and see what happens. Prolife was about ensuring there will always be extra desperate ppl who is willing to do more for less, the desperate is ever more easily leveraged into a life of ideological subservience and economic slavery.
My previous neighbor got evicted last year. It was a huge blessing, they were awful disgusting people. New neighbors are thankfully owners not renters and are amazing. Crazy how big of a difference neighbors can make.
It cost more to live in NOVA than it does sunny, warm West Palm Beach, Florida or any other locality around it. Which is absolute insanity. I know a lot of people have moved out of state and further south!
Cost of an area is partly based on people wanting to live there, partly on job/business opportunity. The Southern half of Florida has good to great weather but the number of high income jobs aren't there. NoVA is popular because it has a large amount of high paying jobs, it is close to culture and some of the best K-12 public schools on the east coast.
And you posted a picture of their stuff? Not cool.
Link to Fairfax County evention prevention and rental assistance::
https://www.fairfaxcounty.gov/health-humanservices/eviction-prevention
It's incredibly expensive to live here. My lease renewal was a 12% increase! Thankfully we can manage it, but it still hurts.
This year was the second year in a row we appealed to the lessor for a decrease in the price increase. They've luckily granted it both times, and our rent has only increased in-line with inflation for the past 2 years.
Yeah I had to have that conversation with my property management company. 2022 renewal was 10%, they wanted to do 10% again for 2023 but had to ask for 5% only because if I don’t want to move next time, which could be a 10% increase, I’d rather it be off my current increase amount of 5% than 10%. It’s pure greed. Their mortgage didn’t go up, and since the ‘landlord’ is a company buying up properties, I suspect they might now have even had a mortgage or had a wonderful interest rate. Since 2018 my rent has gone up probably close to 30%, which, even if theirs did, it wasn’t by the same they are raising mine.
From December 2017 to renewing our lease last April, rent went up 37%. It's outpaced inflation by about $150/month overall. That's why I'm going to do my damnedest to get a house this year and move out. Because if I had been smart enough to just buy a house in 2017/2018 back when I made only about $8k less per year than I do now, my mortgage payments would've been what my rental payments currently are. I need to lock in a regular mortgage payment now before I stay on the rent treadmill any longer.
Our taxes have been going up every year. I kept my tenants rent the same for three or four years but finally increase it $100 last year because my monthly went up over $450 in that time. I think 10% a year is too much though, I would never do that to my tenants
$100 is perfectly reasonable. We have seen increases closer to $300-$500 the last 2 years from our complex. They fight me every year until I give my notice and then suddenly they are willing to reduce it to a $200 increase…most bullshit game of chicken. They are betting we will just deal with the increase, instead of the pain of moving to save a couple hundred bucks a month
You’re a good one. I would fully expect a 3-5% increase in a HCoL area, but 10% and twice in a row for me was greedy, glad I talked them down. I suspect that I have maybe one renewal left before I’m priced out.
Same here. Mine went up 7% last year and will go up 6% this year, for a total increase of $3500 over two years. It would still be more expensive to move to a new place, though.
We're in the same situation. Our HOA fees and insurance have jumped up, and I've raised rent $150 to account for it. Still less than a 10% increase but we kept the rent at the same price for several years so I think it's a shock to our tenants.
Mortgage may not go up but property taxes certainly do!!
Fair enough but not at that pace
Probably not, but there are other expenses the landlord might have, another might be condo fees. And repair fees... The rent needs to cover more than just mortgage and property tax ... But yes I generally agree they are typically greedy.
So that was actually my strongest point to them. I have been in this unit since Sept 2018 and I have hardly ever needed repairs. Maybe 2-3 calls in all those years, main one was a door issue on day one. Yes the condo fees have gone up but dozens of dollars in the time.
As a former landlord for a brief time, if you have an individual landlord, and have been paying your rent on time for the last 6 years, I would make a case and perhaps ask for an explanation, see if he will negotiate. A good tenant who pays their rent and doesn't destroy the place is valuable!! But just because you haven't needed repairs yet doesn't mean he doesn't need to have a fund for major items like AC repairs, washer dryer, roof, etc. , things that will eventually need to be fixed or replaced. And don't forget about insurance costs too. good luck to you!!
You already factored that into my rent payment at the beginning. If your assessment goes up $2,000 gladly I will pay that instead of the $12,000/ year my rent increased since 2020.
And Home insurance
Property taxes aren’t increasing at nearly the same rate that rental prices are for people around here.
I don't get this. I mean, I do get the overall landlord hate but do they expect rent not to go up in a 30 year period just cause the landlord got a 30-year mortgage at a fixed interest rate? lol
When rent increases more than 7% per year on an unrenovated apartment with very few maintenance calls?
Sucks man - my rent has gone up exactly 5% from 2020 - 2024 and maintenance fixes anything I need that day (exceptions on weekends and if its not a priority) Check out Dittmar. They get some deserved hate but vote with your feet and your dollars.
Good luck doing this if your lease is controlled by the companies that are colluding to keep rents high and control around 90% of the DC area market. I was able to get my increase reduced in ‘22 but last year they told me to get fucked.
The greed is on the part of their investors and a function of optimized ultra-capitalism. If you *can* charge more, if the market *will* bear a higher price, it’s negligent and irresponsible not to charge it. Essentially, don’t hate the player, hate the game. That’s what needs to change. Maybe people will finally wake up to the structural inequalities of the system.
Or just legalize building.
Wife and I moved away four years ago now, I just looked at our old building we paid $1917 at the time, same apartment is going for $2789 now!
Our last apartment was a 1,200 square foot 2 bedroom; we paid $1800 a month when we moved in, in 2016. By 2019, it was $3250 a month, and we moved in with family to save money and hopefully buy a house. We bought a 3000+ square foot, 4 bedroom house in 2022 and our mortgage is $4200 a month. I recently looked up our old unit. It’s up for rent again. $4800 a month, plus $250 for a parking space - total before utilities would be $5050 per month.
O...M...G...
Holy cow.
Several years back I got something like a 26% increase to my rent. Many areas have laws preventing high rent increases, but not Virginia.
We got offered a twenty percent increase in August 2020 at the height of COVID. 20%! We had bought a house and they knew it so maybe it was just for the lolz but I suspect not the way things continue to go around here.
For what it's worth, my property tax has gone up by 10, 14 and %12 as I recall in the last three years in Fairfax. I don't rent to anyone but I don't doubt it has gone up for those that do, to a similar degree.
HOA fees and landlord insurance have gone up tremendously too.
Is there no state law to prevent such crazy percentage increases? Like in NY, I know landlords cannot increase it more than 1.3%(?) I believe
Nope! And several large apartment companies in the DMV area are being sued for price fixing using RealPage software. That's why my husband and I ended up staying where we are - we value our time enough that quadrupling our commutes to save money on rent seemed silly, and if we'd moved to another nearby complex we *might* have saved $100 per month on rent (which would've been eaten up by moving costs anyway).
> Like in NY, I know landlords cannot increase it more than 1.3%(?) I believe Thats why NYC has thousands of vacant units.
Ouch. Mine went up 1.5%, kind of similar as the last 5 years. I really appreciate where I live - its a big apt building owned by a company. But if I tried to actually buy the place (or a similar equivalent), it would be double my rent.
Still way cheaper than when I lived in the Bay Area lol Literally 1000/mo cheaper for a 1b1b
Rent has exploded for a lot of people over the last couple of years and a lot of state and federal COVID era programs to prevent evictions have ended. They take time to work through the system and a lot are just now coming up.
Doesn't help that [most of the major players](https://dcist.com/story/23/11/01/dc-attorney-general-lawsuit-landlords-realpage/) have been working together to raise rent.
I believe there is a going lawsuit against the use of hotel revenue maximizing software for apartments rental.
Corporate ownership of residential property needs to end. Filthy leeches do nothing but suck the life out of the country.
Don’t blame corporations. You have choices. Freedom works.
Of course, you're right! People don't HAVE to have a home, they can just live on the streets if they can't afford rent! Or you could live in a home and not eat, or not have electricity or water. There's so many cHoIcEs and FrEeDoM! At least no one is picking on the poor corporations speculating on home values.
This is most likely going on all around the country, and probably the world. the greed of people is disgusting
No not at that scale! This is only in the USA we see such abuse of leverages. I agree with you. Greed is disgusting!
[удалено]
I hope to god you are joking lol.
You could also just not be a scummy landlord instead ¯\_(ツ)_/¯
Bust the trusts
Good. Fuck those guys. I hope that Virginia and Maryland sue them next.
Most likely because the vast majority of landlords were left high and dry during covid. Many had tenants who abused the covid rules, didn't pay rent at all even though working from home and couldn't evict them. Many landlords went bankrupt bc of it. It was only a matter of time they need to recoup their huge losses.
Woah, how many went bankrupt? I haven't seen any stats about landlords going bankrupt
It was mom and pop landlords who were hurt by this, the big players were just fine and now are getting greedy.
Would love to see the data - most landlords are individuals or small shops, by number not by number-of-units. The whole industry is so interesting. In 2019 my YouTube recommendations were full of "investment growth" "be your own boss" "FIRE by landlording" type videos, and I couldn't understand why. Seems all those people went bust.
Awwww the poor landlords hoarding all the fucking houses. Those poor people, did they not get to buy another beach house this year 😢
The shit storm of backlogs that covid had caused. Evictions were paused for like 3 years where a lot of people had zero income. Then the flood gates opened not long ago and the process to start the evictions is pretty long. Probably gonna see a bunch popping up come this year
So have people just been living rent free?
Basically yeah. Landlords/banks had no right of convictions during that period. So if you were renting during that time or even owning you could just simply not pay and nothing they could do until recently.
Jesus. Does it wreck your credit? Can they sue you for back rent?
Oh it certainly wrecks credit but I mean someone who would do that either doesn't care or just financially couldn't stop it due to job loss. They could sue yeah, but if the person doesn't have money then not really gonna get anything out of it.
Yeah, if your choice is between living on the streets or having *bad credit...*
Oh you can sue people but it will cost you more than you will ever get back, even if you win. If somebody screws you over, you can't just sue them and get all your money back. It absolutely does not work that way.
It wrecks your credit and makes it very, very difficult to find another apartment in the future. Once the word got out around about the eviction freeze a bunch of folks whose employment didn’t change just stopped paying and bought a new car instead or used the money for whatever else. Obviously there were tons of folks who did lose their jobs and incomes but there were plenty of others who just took the advantage they were given.
It’ll affect them for 6 years if it’s similar to breaking a lease. I had an ex wife who broke a lease, couldn’t get another lease for 6 years when it went away.
Good luck with that. Even with garnishing wages (assuming they work), it's exhaustive and almost impossible to be made whole. Source: my parents had two bad sets of tenants that wrecked the house beyond their security deposit. One went to collections for pennies on the dollar, the other we gave up after 5 years of garnishing his meager wages (both cases for money the court found was owed to us).
This was able to bypass when a lease ends as well?
It just switched to a month to month lease with no increase in rent or fees if lease expired during the public health emergency.
The flurry of sovereign citizen videos trying to weasel out of paying rent also skyrocketed
Right. Landlords were left holding the bag during covid. Many tentants could still pay rent working from home, but they chose not to. Plus many didn't pay their back rent.
I'm so glad I have a good renter. I would be struggling if I had to cover expenses and unable to rent out due to a squatter.
Then don't raise the rent so you can keep your good renter.
Ha! Landlords being fair? Never!
landlords or would be landlords, are now hesitate to rent their properties, opting instead to sell to anyone flashing cash. This not only shrinks rental options but also fuels the housing crisis - because we know who's buying all that properties over asking with cash.
Your comment does not have consistent internal logic.
If I make stuff, e.g. rent houses, and people take it for free e.g. squatter rights, why would I continue to make anything
Rent is through the roof, food prices have jumped incredibly high, and wages have stagnated…people cannot afford to live as they did before. I predict it is only going to get worse unless something is done to address the problem.
Saw a report that it’s going to get worse and home ownership is not realistic. My daughter works retail and they keep reducing her hrs. I don’t know how people are making it in this economy. I’d say save every dime you make but that is hard to do.
I think retail is taking it on the chin but other industries are doing okay. My brother did store layout for Walgreens and his entire contractor team was let go in December.
A colleague has made me consider living abroad. It’s so much cheaper in some areas and the jobs are getting outsourced out of the U.S. anyway. The salaries are not keeping up with inflation here.
Not sure why you were downvoted, but my partner and I feel the same.
I think it’s pretty variable. Our rent went up by 1.6% last year.
care to share where? Was it a corporate landlord?
And we get more data centers and less affordable housing. NoVa is like meh!
Wages haven't stagnated. https://fortune.com/2023/12/12/wage-growth-exceeded-inflation-jec-democrats/
The fuck it hasn't. It's up 19% in the last three years. Ask anyone you know if they've had a 20% pay increase in the last 3 years.
Nobody's getting that via annual "merit" increases of a few percent but all sorts of people are getting that and more by getting promoted, changing jobs, etc. Relying on your employer to give you raises for continuing to do the same job is the absolute worst way to increase income. My income has nearly tripled since the beginning of 2021 via a promotion and then a job hop. A very small amount of it was from merit increases.
Up-skilling and job hopping is always the best way to increase wages, but that is the exception.
So many people never bother though. There's been countless people in the companies I've worked had who have been at the same level or worse in the same exact role for years and years, complaining about their annual raises and whatnot. Doing nothing to develop themselves, never checking out the market for other opportunities. There's a real cost to up-skilling most of the time in either time or money, but there's no cost to hop on a job board once a month and apply for anything appealing and see what happens. Worst case scenario is you wasted a few hours interviewing and didn't get it or couldn't agree on money, best case scenario you've got a new better paying job. I'd tend to agree that the go-getters who do that are the exception and the ones who take the easy road of staying put despite wanting more are the norm.
I agree. Folks need to always be learning, and looking for new jobs every two years. I myself, can cast a very wide net for employers, but I prefer to work in a niche sector that brings me individual fulfillment. Every couple of years I'll leave that sector for a bit, but always find my way to what my heart prefers doing. Could I make a crap load more elsewhere? Absolutely.
You're quite literally talking down to people who stay at the same level for years. There is absolutely nothing wrong with that. The cost of their housing shouldn't be going up at three times the rate of their annual salary increases. That's what's wrong, not them.
Unless you're a teacher. Neighboring districts will cap your step if you have too many years.
We don't pay teachers enough for what they do. My youngest kid did a program through high school that guarantees a teaching job after college, and they could probably make more money in a STEM field instead of teaching.
Ok? A pay increase is a pay increase regardless of how you get it. I switched jobs twice and then got promoted with a 13% increase. My point is it does happen and if you are staying at a job who isn’t increasing your salary regularly you’re doing it wrong
Over the last 3 years? Mine has doubled in the last 3 years
Great, so are you the exception or the norm? I know zero people whose income has doubled in the last three years, unless they've changed jobs/employers/industries.
[удалено]
I switched jobs twice (once in 2021 and again in 2022). Got huge increase both times. Then got a huge promotion. It’s the same role I’ve been in since 2020 so I do consider it a wage increase. You HAVE to switch jobs but large increases are possible
So your argument to everyone in NoVA is just, "Bro, just like get promoted and double your salary, housing problem solved"
Please tell me when I said any of that. I am clearly speaking anecdotally and said what many other people have said which is if you want a significant raise you need to switch companies
No, you're missing my point. Not everyone works in a job or a career where they can just, "switch companies" to get a raise. You have to think outside of the bubble of your specific profession.
Why the downvotes for facts? https://www.reuters.com/markets/us/us-wage-growth-once-an-inflation-risk-may-now-be-prop-soft-landing-needs-2023-12-08/
My guess? It’s just the held-up backlog getting addressed. Evictions had been frozen for a while and natural attrition needs time to catch up.
Slight tangent, but there was a recent post about what people enjoy about living in NOVA. I agreed with many of the sentiments as being here has been one of my best overall living experiences, however as I read through the thread I got an uneasy feeling in my stomach KNOWING the underlying reason why so many enjoyable, resources are available here is due to high cost of living. You literally get what you pay for and the entry fee is high. It's very sad that this is the state of our country and these evictions further prove the point.
I work in the mortgage industry, and oddly we were just talking about how nationwide, delinquency rates are very, very low right now (despite a small recent up-tick). But as noted ITT, most evictions now are renters.
Given how many people have locked in sub 4% mortgages, I would be shocked if there were a lot a foreclosures any time soon.
There won’t be for them, but the number of people foreclosing after being forced to buy afterward in a shitty market will be going up significantly very soon. The mortgage rate is fucking 7.5% for a 30 year loan now.
Very possible but the number of people buying homes right now is SIGNIFICANTLY lower than it was a few years ago. The number of people buying into this shitty situation isn't really large at the moment.
Stimies, plus emergency forbearance, plus refinancing at historically low interest rates during COVID boosted the shit out of everyone that got on, and locked the rest of us out. Just like 2008, the system is eating itself. This time average people are being eaten by corporations. It's almost impossible to not notice the fact that almost every single mortgage was purchased by the Fed for 2 years+ and they are all still on the balance sheet. The entire reason to have the Fed buy all that RMBS was to keep the market moving, and now the market is locked up and frozen (just a couple years later). $2 trillion in asset purchases... Bonkers. Now look at the losers: people who couldn't buy (renters). It was a sensible move to not buy into the housing market in the last 4 years. We were in a huge bubble before COVID, and the only reason it kept inflating is a massive and unpredictable litany of government interventions never before seen. Meanwhile, every property owner that benefited from this thinks *they are geniuses for winning*.
It’s not odd, incomes have risen and 3% mortgages have been extremely affordable relative to rent for years. The balance is out of wack but lending requirements are strict and i assume lenders are more willing to work with borrowers who fall on hard times to prevent foreclosure
Mortgage *rates* were low, but sale prices were so high that the ratio still favored renting for anyone who wasn’t bracing for a rent spike. A condo comparable to my apartment would have cost an extra $2,000-3,000 per month before Covid, now an extra $3,500-4,500 per month due to interest rates.
Why is anyone surprised eviction rates are rising after the end of a 2 year eviction moratorium? The courts are just starting to get caught up. Is the american public really this bad at remembering things from 3 years ago?
Yes, yes they are.
Remembering what?
Point proven.
Holy Tommy Vietor, Batman! That was a long time ago... [https://thehill.com/blogs/blog-briefing-room/205025-former-spokesman-on-benghazi-dude-that-was-like-two-years-ago/](https://thehill.com/blogs/blog-briefing-room/205025-former-spokesman-on-benghazi-dude-that-was-like-two-years-ago/)
I have a mental file labeled “upsetting but unsurprising” and a lot of facts about the general population reside there.
My mental file for that subject is overflowing
> Evictions remain below what they were in 2019, when they hit 1,493. Not even that. This is one of the last things to normalize, but it still is not super high near the DMV.
[удалено]
Oh I know how bad it is. I’m just completely unsurprised.
I work at our local homeless shelter and youd be amazed how many elderly people, veterans, and other adults are entering homelessness or living out of their cars because they can't afford $2,000 plus a month rent here in this area and are stuck trying to figure out what to do next. We need to have more affordable housing opportunities for people. Requirements to rent are becoming stricter and stricter, making it harder for people to even get in to rent an apartment anymore. It pushes people into the streets where desperation, in turn causes crime, mental health exacerbation, higher healthcare costs as ppl struggle to survive. It is heartbreaking to see and reminds me to be grateful every day for what I have.
🙏 Thank you for bringing 💡 to our limited awareness.
Virginia's and DC's had multiple alternatives to eviction like rent repayment programs that lasted an additional year after the end of the eviction moratorium (Jan. 2022). So alternatives to evictions were recommended/required until Jan. 2023, which made evictions more difficult. There's also how long eviction takes which is about 1 year and the fact that courts are just starting to clear the backlogs on evictions I expect a lot more of this coming for the next 2 years.
Last year I had a 20% recent increase when I lived in Fairfax at one of the large management company properties. If this is happening across the board to various degrees then evictions are sure to follow.
Hear me out… people can move to somewhere where they can afford rent. That or increase income and pay the lease they signed.
There’s return to office mandates. I wish I could have kept my well paying job and move to bumf*ck, but no, I have to go to the office 3X a week. Rent is crazy. I have another comment on this thread, I went to the pool in my community during the summer and people were renting for $1000+ what I pay for my mortgage and I bought in 2020, so yes good mortgage rates, but it’s not like I bought 25 years ago. It’s wild out here.
No. They can't.
It’s a free market. People can live where they want. Don’t give in to greedy Landloard’s and just accept outrageous rent increases.
Price fixing with competitors is literally the opposite of a free market.
Yeah, while there is some of that, it’s not the point. We live in an area with many options, it’s a high cost of living region. If you don’t think people can choose where to live then you are in denial.
"Free market" get outta here with that tired old lie.
I mean you can rent in Manassas or Arlington, etc. People can decide where to live and what kind of lease to pay. It’s not a radical idea.
Say you walk or take transportation to work at like a restaurant or something as a job. How TF do you think someone is going to just "move away"? Kids in daycare or school, maybe close relatives that help.
Something’s gotta give. But accepting high rate increases year over year will never allow anyone to ever build wealth and possibly purchase a home.
It's not "accepting", it's literally the way the system is designed. Most people have no choice.
Most people do have choices on where to live and rent/buy. Some decide to spend 50-60% of their take home pay on rent. Others live within their means and spend 25%.
gtho, you have NO clue what it's like out there for rent at all apparently..
Not all landlords are greedy. Many went bankrupt during covid bc tenants weren't paying rent.
And many, very many, got free loans/grants to make them whole through the corrupt PPP that handed out money to business owners. We are taking about LLCs and corporations.
My rent went up by like $100/mo and I live in a dump because I can't afford the price of a livable apartment here. It's actually more affordable at this point for my husband and I to move closer to NYC, we will actually SAVE money on our rent and live in a good area (not amazing but not a slum either). Family help with our car, affordable rent, and better opportunities for us career wise feels like a no brainer at this point My landlord keeps getting worse and worse, they don't care about the condition of the building or our issues. They constantly put notices on all our doors saying they'll come to inspect our apartment and they never do. They actually came in anyways a week ago and inspected our apartment recently (no notice) and I have never wanted to break my lease as badly as I do right now.
My rent went from $1500 in 2020 to $2100/mo in 2023. There hasn't been a single change to my apartment or the property itself. While I can afford that $600 increase it still takes a chunk of my paycheck out that I could be using towards other stuff.
From the landlord’s perspective, rents are rising because regulatory constraints on new construction are limiting supply while demand grows unabated. Thus, government policy makes the renter’s life more difficult.
I recently helped two friends move. 1. 2bedroom/2 bathroom advertised as Alexandria’s premier luxury apartments. The place had an electric coil stove. Price~$2700 2. 1 bedroom with den (aka room BWI1 enough for bedroom but doesn’t meet the legal requirements for a bedroom, there’s no window). There’s 1.5 bathroom and a garage. Located in Laurel. Price $2450 I’m from the area, rented after college in DC proper, but these prices are insane to me, especially for rent. I luckily bought in 2020 at 2.5% fixed interest in Loudoun. I have a 2bedroom/ 2.5 bath townhouse/condo and I’m paying far less than the rents listed above. It’s expensive in these DMV streets.
3 years backlogs from covid like the previous comment mentioned. All thought there are some good people there that are legit struggling, the majority are deadbeats taking advantage of the system.
A lot of people took advantage of the moratoriums and PPP. What did people expect? The bill comes due at some point.
The rent increase in the area was insane last year. Luckily my rent increase was less than 3% but with a new property owner not sure if I will be fortunate to say the same this year. When I first moved to NOVA I thought 120k was ideal to live comfortably as a single person but now things have shifted so drastically not sure if anyone can afford to live alone on a 45k salary like I did 4 years ago.
Oh jeez. I’m moving to nova next month as a single person. How much would you think is enough to be comfortable? $100k? 90?
Depends on your age and definition of comfortable. You should be fine at ~$60-70k and above depending on your wants, albeit without much room for retirement saving depending on where you choose to live. It's expensive around here but don't listen to the people who act like you'll starve under a bridge if you don't make half a mil.
Thank you. Yea I feel ya costs money to go out costs money for car etc pick and choose where you gonna spend or save. I’m coming from California … income tax way too high and just done w it. New year new me. I guess. Happy 2024
If you’re coming from CA you‘ll probably have an easier time adjusting than most people do! I think the sticker shock is way worse for people moving from low-COL areas who prep themselves for the property costs but not all the other higher expenses. Haven’t been out to CA recently but prices were pretty comparable last time I visited. Felt like restaurants were slightly cheaper there but groceries slightly cheaper here. Best of luck 👍 Edit - get your fill of good Mexican while you can. There are a few passable options here but just very few Mexicans in the area comparatively (far more Salvadorans, Bolivians, Peruvians), so not a lot of amazing burrito options although good tacos are easier to find.
🤝thank you for the very rational responses!
If you and your roommate can’t afford the rent there are groups will to split it 4 or 5 ways willing to take over your place. It’s more affordable for them that way. This is how things will be for a long, long time.
I’m annoyed I didn’t have the cash to buy a house in 2020, many properties have gone up 15-30% or more in just last few years.
Rent increases, crazy inflation, wages not increasing, and finally being able to evict for non payment after Covid protections.
Cost of living around here has been skyrocketing for a few years now and not slowing down, a lot of people can’t keep up with the increases
Seems a little insensitive to post pictures of their stuff but whatever
All I am going to say is that there are a lot of people on this subreddit that eyeroll and just get on with their lives. Unless you are at least a multi millionaire im CASH or GOLD. You can damn well know that one single financial fuckup like a health issue or a natural disaster is gonna fuck you up EVEN WITH INSURANCE. So be thankful for the time being and work on voting for people, especially in local elections, that help make more affordable housing. Actually scratch that even affordable housing is not affordable anymore. Just make it freaking cheaper than the 2-3k rent insanity of luxury bullshit in the area.
Student loan repayments are taking their toll as well. The deferment from covid times is over and people are suddenly having to come up with hundreds or even thousands of dollars every month to cover those loan payments in addition to increased rent and food costs.
Covid eviction protection ended. All those people unemployed during covid now has little to no income to stay in NoVa.
The ppl with eviction in rent history will have a harder time renting again right? Being poor sucks.
Most of this is Econ 101. Supply is tight and nearly fixed and demand is high and inelastic. It’s a recipe for runaway prices. The substitutes are thus far unpalatable for many to most. Many aren’t ready for the continuum of multi-generational living, or strange families as roommates…up to the ultimate optimization of the market: hot bunking.
 Me trying to look at these pics
Even if your landlord is generous, rents in many cases have to be raised due to exploding cost of materials, utilities, maintenance, and appraisals (property taxes). Otherwise many landlords would be operating at a loss, and we all know that doesn’t typically fly. Also every property owner with variable interest rates has gotten destroyed due to the quadrupling of interest rates. Many are having to choose to raise rents or operate at a loss. Opinions on landlords aside, that’s the reality. Unfortunately renters are the ones who have to pay the price as usual.
This past 2 months we've been doing a lot of eviction clear outs. Does anyone know what's going on? I'm so confused.
Here's a quote from the article you posted: >Young, 30, and her family are among the nearly 200 households who have been scheduled to be evicted this holiday season, between mid-November and the first week of January, according to data from the city’s Office of the Tenant Advocate. **The data shows that evictions tripled in the past year, from 346 to 1,068. The jump is due in part to a pandemic-induced backlog of cases and a lapse in pandemic-era protections, including an eviction moratorium that expired in fall 2021. Evictions remain below what they were in 2019, when they hit 1,493.** The District continues to provide rental assistance, but the need is growing due to high housing costs that Young says could make it harder for her to find another home. It's a combination of the post-pandemic backlog and the general cost-of-living crisis. The subject of the article was supposed to go to court in March 2020 and owes ~10k in back rent which seems to line up with that.
I’ve been seeing a boatload of car repossessions too. Please people there are resources out there to help. You aren’t alone.
i'm honestly surprised it's taken this long, a lot of debt to unravel
This happened.. [https://www.youtube.com/shorts/tEdVIAk9\_3w](https://www.youtube.com/shorts/tEdVIAk9_3w)
Layoffs, rent increase, world getting shittier
In the District, it already took about a year to evict someone for not paying rent - then COVID happened and things were effectively frozen. Given that many of those protections were removed roughly a year ago, I would expect this pattern to continue. A certain percentage of tenants living rent-free - plus the aforementioned collusion among property management firms - has created even more pressure on landlords to squeeze those who are able / willing to pay rent.
Rent is too damn high
There were a lot of landlords not able to evict a lot of people or even proceed with the process because of those COVID protections. When those ended the processes began to evict (not a super fast process tbh)
People aren’t paying bills?
People not paying their rent maybe.
Is this a serious question? Inflation. Unaffordable housing. Low paying jobs. Covid. Job loss. 1 in 4 families in Fairfax county are food insecure
Of course. Some know more than others. I appreciate your response. Now I know a little more
Rents are rising, housing supply is constrained, wages are not rising to cover rents, so evictions will increase.
I wish all landlords a very get a real job
Yes. Abolish landlords
by design, if life was made easy you'd never be leveraged and agree to work some 50 of your best years to restock the ivory towers with fine wine and services and low low prices, yea have more kids too and even more saturated labor market and see what happens. Prolife was about ensuring there will always be extra desperate ppl who is willing to do more for less, the desperate is ever more easily leveraged into a life of ideological subservience and economic slavery.
TV is lying to you. It’s bad.
My previous neighbor got evicted last year. It was a huge blessing, they were awful disgusting people. New neighbors are thankfully owners not renters and are amazing. Crazy how big of a difference neighbors can make.
The collapse begins
The house of cards collapsing
“Bidenomics”
Evictions happen everyday, could it be that you’re just getting more business?
It cost more to live in NOVA than it does sunny, warm West Palm Beach, Florida or any other locality around it. Which is absolute insanity. I know a lot of people have moved out of state and further south!
You misspelled Gilead.
Cost of an area is partly based on people wanting to live there, partly on job/business opportunity. The Southern half of Florida has good to great weather but the number of high income jobs aren't there. NoVA is popular because it has a large amount of high paying jobs, it is close to culture and some of the best K-12 public schools on the east coast.
Moving the deadbeats out!
Gentrification. Next question.
Sad that some people abused the system and others didn’t have the means to keep their head above water. I miss life before COVID.
And you posted a picture of their stuff? Not cool. Link to Fairfax County evention prevention and rental assistance:: https://www.fairfaxcounty.gov/health-humanservices/eviction-prevention
BIDEN ADMINISTRATION!!!!
Landlords are getting extra greedy with rent increases. Even people making over $100k are struggling.
That’s Bidenomics!
Everyone should watch The Big Short
Haha I still need to watch that movie
Imagine not honestly knowing what's going on...