Ooh. Just found out, it's hiking up to 6.55 next week.

... even then, it's what... 6.58 in canadian?

Woo hoo!

Yep. Whoop... dee... freaking doo.

That's it. I'm out of here. I'm moving to canada.

I like where I live... I wouldn't mind visiting Canada thoguh.

Yeah, I can't believe the rent is so cheap in vancouver, wa...

It's so close to portland too.

Portland isn't too awful bad either... better than what you guys are paying, I cannot believe that. But keep in mind, that I'm talking about a one-bedroom

... me too.

A one bedroom without a fireplace.

Yikes!!

Also, one reason that rents are going up in some places is because of the number of foreclosures. People who lose their house have to live somewhere, so the number of people looking to rent is going up. And when demand goes up, prices go up. Also, if the landlord has an ARM that they need to cover on one of their properties, rent is going to go up.

Keep in mind that renting is business. A landlord would rather keep a good, paying tenant, but they also want to get what the market will bear. I mean, would you turn down a raise at work because you don't want to make things hard on your boss? I don't think so! A landlord is not going to turn down more money from someone else, either.

Quote:

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Originally Posted by ISneezeFunny

because "the man" is against you.

...and...due to inflation, costs, etc.

...and, because...well, if you were an apartment owner...what would you do to benefit the most? You hook them with a low rent for one year, and then raise it the next year...they can't leave....it costs too much to leave. right?

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While this may be true in some cases, I'd rather have a steady, paying tenant living on my property than go through the whole verify references, have new people, advertise thing BUT my costs also keep rising and rising and rising.

I don't scalp anyone - and I don't know if this is the case with Mamma's landlord - but as my costs increase I pass those costs along.

I am not a not-for-profit and I'd like to keep it that way.