As predicted, she showed me listings that were between $4400 and $5400. And then SHE asked me to name my range. I said $4000-4200 is our limit for this particular unit. She said she could not go lower than $4200. I let her have that. The Zestimate is currently $4900 for our place. I feel like, at this point, $4200 is still a win for us. Really, REALLY didn't want to have to move this particular summer.
What is reasonable here?
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As predicted, she showed me listings that were between $4400 and $5400. And then SHE asked me to name my range. I said $4000-4200 is our limit for this particular unit. She said she could not go lower than $4200. I let her have that. The Zestimate is currently $4900 for our place. I feel like, at this point, $4200 is still a win for us. Really, REALLY didn't want to have to move this particular summer.
Glad to hear that your landlord was reasonable and only raised the rent to $4,200. I do see rental prices flattening out and even dipping a bit recently.
As predicted, she showed me listings that were between $4400 and $5400. And then SHE asked me to name my range. I said $4000-4200 is our limit for this particular unit. She said she could not go lower than $4200. I let her have that. The Zestimate is currently $4900 for our place. I feel like, at this point, $4200 is still a win for us. Really, REALLY didn't want to have to move this particular summer.
zubs
Well-known member
Thanks for the followup.
The guy i raised the rent on last year just bought a place out east and vacated in MAR.
i raised my rent by 10% and am about to rent to a new tenant.
Still below market price...by a lot, but I don't know how people can pay so much.
I wouldn't pay that much for my house.
The guy i raised the rent on last year just bought a place out east and vacated in MAR.
i raised my rent by 10% and am about to rent to a new tenant.
Still below market price...by a lot, but I don't know how people can pay so much.
I wouldn't pay that much for my house.
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usctrojancpa
Well-known member
Glad to hear that your landlord was reasonable and only raised the rent to $4,200. I do see rental prices flattening out and even dipping a bit recently.
Liar Loan
Well-known member
There are a lot of people here that have been in denial about this.
LOL, no. Haven't won the lottery yet. Still in the same rental. Renewed at $4450 starting in July.
Ouch.
Housing costs are having a huge impact where I work, and I'm sure all over. Our turnover with younger employees is through the roof and I know housing is factor, from talking to several who have left. Others took advantage of the pandemic to move to cheaper digs far away, assuming they would be able to work remote indefinitely. Now that's causing some friction on a regular basis. These pandemic arrangements are being somewhat tolerated for lack of clear policy, but I imagine may factor in to any future RIF decisions.
Housing costs are having a huge impact where I work, and I'm sure all over. Our turnover with younger employees is through the roof and I know housing is factor, from talking to several who have left. Others took advantage of the pandemic to move to cheaper digs far away, assuming they would be able to work remote indefinitely. Now that's causing some friction on a regular basis. These pandemic arrangements are being somewhat tolerated for lack of clear policy, but I imagine may factor in to any future RIF decisions.
B2FiNiTY
Active member
Sounds like a good deal. And your past rentals have been good deals in retrospect.