"We have seen corporate landlords—who own a larger share of the rental market than ever before—use inflation as an excuse to hike rents and reap excess profits beyond what should be considered fair and reasonable."
I just got a 24% raise. Went to negotiate it lower and they basically just said “the market is the market”
I’m not getting a 24% better apartment. Their property tax has gone up only 6.9 % and I know based on two employees their labor costs didn’t change.
The sad thing is moving to a slightly cheaper, and much worse, apartment will cost me about the same over the course of one year as staying. Because of paying a deposit and pet deposit etc
I just got a big raise and it’s all gone to rent now. One step forward one step back for a decade I feel like. Doubling my salary in 5 year means nothing to my quality of life
I just got a 24% raise. Went to negotiate it lower and they basically just said “the market is the market”
I’m not getting a 24% better apartment. Their property tax has gone up only 6.9 % and I know based on two employees their labor costs didn’t change.
The sad thing is moving to a slightly cheaper, and much worse, apartment will cost me about the same over the course of one year as staying. Because of paying a deposit and pet deposit etc
I just got a big raise and it’s all gone to rent now. One step forward one step back for a decade I feel like. Doubling my salary in 5 year means nothing to my quality of life