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What was the price of rent you paid from 10 years ago compared to what the price is now for the same place? (lemmy.world)

submitted 2 weeks ago by return2ozma@lemmy.world to c/asklemmy@lemmy.ml

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Go look up their website current prices and report back. Let's see how shocking it is.

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[–] greatwhitebuffalo41@slrpnk.net 3 points 1 week ago* (last edited 1 week ago)

I can't give you 10 years ago cause thank fuck I was fortunate enough to buy a house.

2012 I was in a triplex with 1 bed 1 bath. It was a converted farm house so I'd guess I had somewhere between 800-900sq ft. $625

2026 the same unit with no updates and the floor is sagging because no one did anything about the wood supports on the dirt floor sinking in the basement... $1100

Not quite but nearly doubled. For reference. My mortgage is $1250 for a 3 bedroom 2 bath 1,500 sq house about 10 blocks away. I'n 2014 I paid $155k, it was move in ready and a 90s house. That being said, my brother is in the next neighborhood over, 1950s houses that needed all new electrical and plumbing and work in the HVAC and complete new sub floors and it has asbestos. ~1,000 so ft. $225k in 2024. Fucking insane.

Edit to add, I charge my roommates $350/m for a room. At Max I've had 3 roommates at a time so all rooms filled. I'm not trying to fuck anyone over. General room rental prices are $600+ near me for a single fucking room.