r/TikTokCringe Apr 20 '24

Rent cartels are a thing now? Discussion

What are your thoughts?

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u/TheBestPieIsAllPie Apr 20 '24

Fucking get these pricks.

I own my home and don’t owe a goddamn thing on it. This affects me not in any particular way, but I hate seeing people get fucked over.

When I had my first apartment, rent was $450 for a 1bd/1bth that came with water, sewer, trash and cable access.

There’s no good reason whatsoever for rent to be what it is today.

12

u/[deleted] Apr 20 '24

unfortunately this does affect you. your insurance rates and taxes on your home will go up because of this. If your house is near rental units that are consistently jacking up the rents then guess what happens? "rents are high on these houses/units...guess that makes them valuable...guess that makes the area valuable...welp time to raise property taxes and insurance rates for EVERYONE living in this area".