Mobile yadda yadda.
Look, I'm one of you guys. Up until recently, I'd been working in the PM industry for years and I understand the ins and outs of renting from both sides. I understand the necessity of keeping up with market values so homeowners can afford the increased cost of maintenance, taxes, etc.
But here's the thing: landlords are CHOOSING to raise the cost of living to pad their bottom line. I've seen it time and time again where a homeowner wants to raise rent so they have a bigger profit margin to live on. Countless clients were subsisting entirely on the income they were earning from a rental, for a home that is already paid off, just so they can live comfortably while the rest of us have to struggle to qualify for a mediocre house that costs more than it's worth.
Just today, I emailed a private homeowner that was asking $2300 over market value. Their response? The cost was justified because of the modern amenities and location. Bullshit. That greedy bastard just wanted to squeeze the life out of renters.
64% of Americans are living paycheck to paycheck. Who can afford to qualify for any houses that want two to three times the income when we don't even have that much flexibility with our budgets? My partner and I have lived in our current rental for eight years with a literally perfect payment history and we can't even afford to leave for something better because the economy is so fucked.
I don't know what the solution is but I am so glad that I don't work in the PM industry anymore. It's a system that perpetuates poverty. #EatTheRich