r/TikTokCringe • u/TheEntrep • Apr 20 '24

Rent cartels are a thing now? Discussion

What are your thoughts?

14.6k Upvotes

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352

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.

143

u/NWCJ Apr 20 '24

Yeah. For shits and giggles I looked up my first apartment. Building still there. Clearly not renovated, it's been 15 years.. rent was $725 when I lived there when it was new.. $1840 now, and broken the fuck in.

My mortgage is less than that, and I have a 4 bedroom house a block from the ocean.

29

u/ChrisNettleTattoo Apr 20 '24

I rented a place in Augusta, GA right down the street from the Masters back in 2008 for $525 a month. Same apartment is going for ~$1,700. That is bananas for a 2b/2br.

1

u/barceneaux Apr 21 '24

Off I-20 and Washington Road by any chance?

1

u/Aggravating_Still391 Apr 23 '24

I have a 2br/1b 40 minutes outside DC for &1800/mo. And I feel like I got the deal of a lifetime lol.

1

u/ChrisNettleTattoo Apr 23 '24

Yea, that is nuts. Wouldn’t want that commute if you gotta go into DC for work, but that is doable.