Reminds me of the old phone prank.
Call a tobacco shop and ask if they have Prince Albert in a can. When they say yes, act shocked and exclaim- "Well you better let him go!"
Reminds me of the old phone prank.
Call a tobacco shop and ask if they have Prince Albert in a can. When they say yes, act shocked and exclaim- "Well you better let him go!"
lol, that’s what I was thinking when I first read it. Then it took a disturbing turn…
According to the developer’s website, rents here start at $2075 for a one bedroom + den (1016 sq ft), $2750 for two bedroom (1270 sq ft), and $2875 for two bedrooms with den (1175 sq ft). Occupancy to begin this fall.
According to the developer’s website, rents here start at $2075 for a one bedroom + den (1016 sq ft), $2750 for two bedroom (1270 sq ft), and $2875 for two bedrooms with den (1175 sq ft). Occupancy to begin this fall.
In our sliding scale of what once would have been considered outrageous is now considered normal, I guess it's not bad... in the same sense that getting one boot to the head is better than two.
Still a much larger chunk of our income left over after taxes being swallowed up by just trying to have a decent place to live, IMHO. A two-bedroom apartment will still use up roughly half of the take-home of somebody earning in the $110K - $130K range. Not all that long ago, the accepted percentage of take-home devoted to living space was recommended to be approx 30%.
It's quite easy to say "not terrible" to $2k 1-bedroom apartments when you bought a home pre-pandemic and it's not your problem anymore.
It is absolutely crushing young professionals. Despite working a stable full time job in engineering, I really have no hope of ever owning a home. Even renting my own apartment would be financial suicide. The "luxury" of living alone as an employed adult is not worth the $1,000/mo I could could otherwise save or spend on things/experiences that bring some joy.
It is in fact quite terrible that people like me are being told to just accept that were going to have to pay $2k for a 1-bedroom apartment whereas if we had gotten into the housing market just a few years ealier, that $2k would be equivalent to the mortgage, taxes, and insurance for a 3-4 bedroom house..
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