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‘I think I almost cried.’ Above-average rent increases pricing renters out of Austin
kxan ^ | Aug. 28, 2021 | Avery Travis

Posted on 08/29/2021 10:40:20 AM PDT by bgill

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To: jurroppi1
They are already paying 2,553 a month for rent?!!

Worse insanity is these same whining people are spending that and more per night (3 night min.) at vrbo rentals.

61 posted on 08/29/2021 1:11:48 PM PDT by bgill (.Which came first, the vax or the virus?)
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To: bgill
This is what happens when people don't pay their rent. Those who do pay, have to make up the difference.

Just like medical insurance!

62 posted on 08/29/2021 1:19:09 PM PDT by glorgau
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To: devere

I lived in Austin 1992-2000. Loved every minute of it but we lived in NW Hills. Totally different at the time.


63 posted on 08/29/2021 1:21:28 PM PDT by albie
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To: bgill

YEOUCH!


64 posted on 08/29/2021 1:22:59 PM PDT by jurroppi1 (The Left doesn't have ideas, it has cliches. H/T Flick Lives)
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To: bgill

Property prices, and rents are skyrocketing in areas that people are fleeing to. In addition, since we’re living under an illegitimate government printing funny money like mad, property becomes a safer place to park money.


65 posted on 08/29/2021 1:26:57 PM PDT by T.B. Yoits
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To: jurroppi1

Yep. There’s a ton around us. Homeowners jumped on the vrbo bandwagon in order to pay property taxes and now it’s become a nice income. I’d be too afraid they’d burn the house down or sue for slipping in the shower.


66 posted on 08/29/2021 1:27:21 PM PDT by bgill (.Which came first, the vax or the virus?)
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To: Theoria

Look at GA and their push to import hollywood. GA is a statist hellhole around ATL these days.


67 posted on 08/29/2021 1:32:59 PM PDT by SPDSHDW (You get what you let occur with no resistance. Everything Joepedo n' felons do is on your head.)
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To: Kriggerel

To be fair have you tried property in Letterkenny?


68 posted on 08/29/2021 1:35:47 PM PDT by Hillarys Gate Cult (`)
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To: bgill

Yup, the liability is too much for me to consider - especially with the way people are so inclined to blame everyone but themselves for all of life,s woes.


69 posted on 08/29/2021 1:43:13 PM PDT by jurroppi1 (The Left doesn't have ideas, it has cliches. H/T Flick Lives)
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To: bgill

Property taxes and insurance are way up too...

Property values go up - taxes right along with ‘em. Insurance is higher because building supplies inflated under Biden - along with the cost of replacement and repair.


70 posted on 08/29/2021 1:45:12 PM PDT by GOPJ
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To: bgill

There are other areas of town that are cheaper. Of course your support of defunding the police may be a problem in those areas. But what the hell. Give me Socialism or give me Death is pretty redundant.


71 posted on 08/29/2021 1:47:31 PM PDT by Starstruck ( Since I'm old I don't whether I'm senile or brilliant. Or happily both.)
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To: RebelTXRose

Where are you at? I’m right behind the Tom Thumb on Dalrock.

But yup, bought the house 3-4 years ago for ~$240M, and houses in the neighborhood have been listed between three and four. I’d say it’s nice, but buying a new house will eat up all that extra $$ anyway :/


72 posted on 08/29/2021 1:50:57 PM PDT by Svartalfiar
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To: Svartalfiar
bought the house 3-4 years ago for ~$240M

Meelyons and Meelyons :) !!

73 posted on 08/29/2021 1:57:25 PM PDT by HonkyTonkMan ( )
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To: bgill
Owners need to make the back mortgage payments they weren't able to make over the last 18 months.
74 posted on 08/29/2021 2:00:26 PM PDT by Gay State Conservative (Covid Is All About Mail In Balloting)
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To: bgill

Remedy: Increase the supply of private rental housing relative to its demand. This requires (1) more liberal zoning and (2) housing regulation that lets landlords charge market rentals and does not treat then as class enemies.


75 posted on 08/29/2021 2:09:57 PM PDT by Socon-Econ (adi)
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To: Veggie Todd

The eviction moratorium and exceedingly high property taxes are partly to blame.


76 posted on 08/29/2021 2:14:03 PM PDT by thegagline
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To: Hillarys Gate Cult

The town Letterkenny is based upon, namely Listowel, is in one of the hottest areas of Southern Ontario, when it comes to rent prices, and lack of housing availability. It’s within (far) commute distance of both Kitchener-Waterloo (Ontario Tech Triangle) to the Southeast, and Bruce Power (which just went on a large hiring spree), to the Northwest.


77 posted on 08/29/2021 2:39:36 PM PDT by Kriggerel ("All great truths are hard and bitter, but lies... are sweeter than wild honey" (Ragnar Redbeard))
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To: dragnet2

>>You work for the dial an argument call center?<<

I could be arguing in my spare time.


78 posted on 08/29/2021 2:47:01 PM PDT by freedumb2003 (The democrats have just replaced KKK with CRT. /Kevin McCarty 7/6/21)
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To: crusher

What a great system...Punish the majority because of a few and never lose a dime. Did you ever happen to notice the insurance companies never lose? Ever seen the corporate headquarters of some of these massive insurance corporations? It’s looks like where wealthy sultan$ would hold their cash.


79 posted on 08/29/2021 3:46:54 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: bgill

massive rent increases were an inevitable part of the massive cost increases for new housing construction brought about by the biden inflation ...


80 posted on 08/29/2021 3:47:09 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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