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70sEraVet

(5,660 posts)

19. I quite agree with your logic.

Reply to aggiesal (Reply #11)

Thu May 28, 2026, 07:40 PM

Thursday

But the property tax on my rental property doubled last year - they doubled the estimated value of the home. Now I'm waiting for the the Homweowners insurance to double, because they'll use the county's estimated value to figure that the replacement value on the home must be doubled too!
It's not just the renters -- everbody is getting squeezed. Except for the big firms who use donation $ to gain sweetheart deals.

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kcoates Texas_Blue_Dem

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Highlight:

One reason why the rent is too damn high [View all] erronis Thursday OP

The investors that George W Bush jr wanted in the housing market. Blue Full Moon Thursday #1

Another reason: Expiration of Low Income Housing Tax Credits jmbar2 Thursday #2

Rent Strikes !! leftstreet Thursday #3

We have millionaires deciding what affordable housing costs...nt Wounded Bear Thursday #4

Billionaires. ColoringFool Thursday #16

Same difference...nt Wounded Bear Thursday #18

Private Equity Firms JPK Thursday #5

Dear friend is examiner for a land title insurance company. She is HORRIFIED at the % of home sales are going those Attilatheblond Thursday #10

Private Equity... GiqueCee Thursday #6

Piling their DEBT on renters RANDYWILDMAN Thursday #7

But...But... GB_RN Thursday #8

I worked for a manufacturing company that declared bankruptcy after Covid and was bought by private equity group MichMan Thursday #13

Care to name the manufacturing company? Private Equity Groups are.... ColoringFool Thursday #17

It's not just rent AverageOldGuy Thursday #9

This makes living and then dying at home The Madcap Thursday #12

It IS expensive, but your numbers are higher than I found when looking for a place for my mother. ihaveaquestion Thursday #14

I own a rental & I haven't raised my rent in 3 years. ... aggiesal Thursday #11

I quite agree with your logic. 70sEraVet Thursday #19

You must live in Texas ... aggiesal Thursday #22

No, I live in Tennessee 70sEraVet 22 hrs ago #23

Air bnb , vrbo, etc as vulture capital turns housing into vacation rentals JT45242 Thursday #15

Greed. nt wiggs Thursday #20

I'm in a 600 sq ft "affordable" Seattle unit with a base rent of 1,459 that is actually $1,809 with parking and pet fee pat_k Thursday #21

While this is true, I'm not sure it's the root cause EdmondDantes_ 22 hrs ago #24