Huge spikes in rent?

[peterb]

Count listings available. That’s the inventory. I went to my property management place today to drop off my rent and they post their listings. The number has gone up every month for the last 3 months. They could be adding new clients, but I know how they opperate, so I doubt it. I just counted and they had 30 listings two months ago and today they’re at 57.

[barnaby33]

JC, Do not accumulate wine, that totally fucks with moving. Add in a 600 lb table and even a 14% rent increase (which I got in feb) isn’t enough to force you to move.
Josh

[barnaby33]

JC, Do not accumulate wine, that totally fucks with moving. Add in a 600 lb table and even a 14% rent increase (which I got in feb) isn’t enough to force you to move.
Josh

[barnaby33]

JC, Do not accumulate wine, that totally fucks with moving. Add in a 600 lb table and even a 14% rent increase (which I got in feb) isn’t enough to force you to move.
Josh

[barnaby33]

JC, Do not accumulate wine, that totally fucks with moving. Add in a 600 lb table and even a 14% rent increase (which I got in feb) isn’t enough to force you to move.
Josh

[barnaby33]

JC, Do not accumulate wine, that totally fucks with moving. Add in a 600 lb table and even a 14% rent increase (which I got in feb) isn’t enough to force you to move.
Josh

[EconProf]

Rents are a supply/demand driven market result. Size, amenities, view, parking, location, age, etc. all determine desirability and thus demand. Supply is fixed in the short run, but vacancy rate is key to predicting the direction of rents.
Naturally, tenants want the lowest possible rents, landlords want more.
JC, at over $2 per square foot, it looks like you are paying over prevailing market rents for Normal Heights. Why? Am curious why this just occurred to you. Did you shop around and compare before moving in?
By all means, move if you can do better. If your landlord is asking above market, he/she will be punished by the market be either having a lengthy vacancy period or frequent move-outs, both expensive results.
The beauty of the market system is that both sides have free will and can make choices.

[EconProf]

Rents are a supply/demand driven market result. Size, amenities, view, parking, location, age, etc. all determine desirability and thus demand. Supply is fixed in the short run, but vacancy rate is key to predicting the direction of rents.
Naturally, tenants want the lowest possible rents, landlords want more.
JC, at over $2 per square foot, it looks like you are paying over prevailing market rents for Normal Heights. Why? Am curious why this just occurred to you. Did you shop around and compare before moving in?
By all means, move if you can do better. If your landlord is asking above market, he/she will be punished by the market be either having a lengthy vacancy period or frequent move-outs, both expensive results.
The beauty of the market system is that both sides have free will and can make choices.

[EconProf]

Rents are a supply/demand driven market result. Size, amenities, view, parking, location, age, etc. all determine desirability and thus demand. Supply is fixed in the short run, but vacancy rate is key to predicting the direction of rents.
Naturally, tenants want the lowest possible rents, landlords want more.
JC, at over $2 per square foot, it looks like you are paying over prevailing market rents for Normal Heights. Why? Am curious why this just occurred to you. Did you shop around and compare before moving in?
By all means, move if you can do better. If your landlord is asking above market, he/she will be punished by the market be either having a lengthy vacancy period or frequent move-outs, both expensive results.
The beauty of the market system is that both sides have free will and can make choices.

[EconProf]

Rents are a supply/demand driven market result. Size, amenities, view, parking, location, age, etc. all determine desirability and thus demand. Supply is fixed in the short run, but vacancy rate is key to predicting the direction of rents.
Naturally, tenants want the lowest possible rents, landlords want more.
JC, at over $2 per square foot, it looks like you are paying over prevailing market rents for Normal Heights. Why? Am curious why this just occurred to you. Did you shop around and compare before moving in?
By all means, move if you can do better. If your landlord is asking above market, he/she will be punished by the market be either having a lengthy vacancy period or frequent move-outs, both expensive results.
The beauty of the market system is that both sides have free will and can make choices.

[EconProf]

Rents are a supply/demand driven market result. Size, amenities, view, parking, location, age, etc. all determine desirability and thus demand. Supply is fixed in the short run, but vacancy rate is key to predicting the direction of rents.
Naturally, tenants want the lowest possible rents, landlords want more.
JC, at over $2 per square foot, it looks like you are paying over prevailing market rents for Normal Heights. Why? Am curious why this just occurred to you. Did you shop around and compare before moving in?
By all means, move if you can do better. If your landlord is asking above market, he/she will be punished by the market be either having a lengthy vacancy period or frequent move-outs, both expensive results.
The beauty of the market system is that both sides have free will and can make choices.

[Dunerookie]

Isn’t there a limit on how much rent can be raised in a given year? I thought it was 10%. Could be wrong.

[Dunerookie]

Isn’t there a limit on how much rent can be raised in a given year? I thought it was 10%. Could be wrong.

[Dunerookie]

Isn’t there a limit on how much rent can be raised in a given year? I thought it was 10%. Could be wrong.

[Dunerookie]

Isn’t there a limit on how much rent can be raised in a given year? I thought it was 10%. Could be wrong.

[Author]

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