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Magnate
Member Since Jan 2013
Location: Midwest
Posts: 2,456
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Jan 13, 2022 at 06:27 PM
#1
My rent is going up 206 dollars, I live in subsidized housing. My real problem is debt I have a lot of it. I'm going to have to figure out a new repayment plan so I have some wiggle room in my budget because the stress causes spending which can cause more issues.
So much for being debt free in 4 years. More like 6. __________________ Son: 14, 12/15/2009 R.I.P.  Daughter: 20  Diagnosis: Bipolar with Psychosis. Latuda 100 mgs. |
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 Anonymous49105, unaluna, Yaowen
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Grand Magnate
Member Since Jan 2020
Location: USA
Posts: 3,687
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Jan 13, 2022 at 06:35 PM
#2
That's awful. $206 seems like a HUGE rent increase.
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Legendary Wise Elder
Member Since Dec 2014
Location: US
Posts: 22,894
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Jan 13, 2022 at 10:08 PM
#3
That’s unusually high. I’ve never have such increase and I lived in expensive neighborhoods when I was still renting.
How do they explain such increase? |
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Magnate
Member Since Jan 2013
Location: Midwest
Posts: 2,456
11 86 hugs
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Jan 14, 2022 at 12:14 PM
#4
raises work and social security
__________________ Son: 14, 12/15/2009 R.I.P. Daughter: 20 Diagnosis: Bipolar with Psychosis. Latuda 100 mgs. |
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Magnate
Member Since Jan 2013
Location: Midwest
Posts: 2,456
11 86 hugs
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Jan 16, 2022 at 02:12 PM
#5
I decided to stay. But I am trying to get situated to buy. I have a 5 year plan but may be able to do it sooner.
__________________ Son: 14, 12/15/2009 R.I.P. Daughter: 20 Diagnosis: Bipolar with Psychosis. Latuda 100 mgs. |
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Elder Harridan x-hankster
Member Since Jun 2011
Location: Milan/Michigan
Posts: 40,957
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Jan 16, 2022 at 02:26 PM
#6
Quote:
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Desert Kitty hates titles
Member Since Jul 2008
Location: TARDIS
Posts: 10,510
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Jan 16, 2022 at 06:06 PM
#7
Quote:
 The increase is outrageous. 
__________________  Call me "owl" for short!  Hmmm....looks like some good tips in here. "Okay, enough photos. I'm a very BUSY Business Kitty, so make an appointment next time." |
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Legendary Wise Elder
Member Since Dec 2014
Location: US
Posts: 22,894
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9 1,295 hugs
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Jan 16, 2022 at 06:21 PM
#8
Your social security and income went up? Your posts are confusing. If you are in subsidized housing then I think maybe that’s the reason? Confused.
Buying property is not a picnic. In a long run it’s going to be much more expensive than subsidized rent. How are you going to pay it every month? If you have hard time affording subsidized apartment then there is no way you can afford mortgage. What are you buying? House? Condo? How will you qualify for mortgage? Why don’t you do mortgage pre approval so you can have an idea what mortgage you can count on. |
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Elder
Member Since Mar 2017
Location: Florida
Posts: 5,057
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Jan 17, 2022 at 05:55 AM
#9
my rent went up $600. It's crazy what the rentals are going for around here.
__________________ Guiness187055 Moderator Community support team |
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Magnate
Member Since Apr 2016
Location: Somewhere in South America
Posts: 2,343
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Jan 17, 2022 at 06:02 AM
#10
Rents seem to be out of control all over the place. Out of curiosity, my husband was looking at rents in the area where we used to live in when we were in Santiago, the capital. The lowest rents now are about double what the average rent was when we left in 2019. I was reading that landlords are getting pickier too now that rental demand is going up again. Many won't allow pets or children these days.
It looks like we bought at just the right time. Purchase prices have spiked up too. We wouldn't be able to afford anything. |
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| nonightowl
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Magnate
Member Since Jan 2013
Location: Midwest
Posts: 2,456
11 86 hugs
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Jan 17, 2022 at 03:41 PM
#11
my rent is close to what a mortgage is now. I'm applying to see what I can do.
__________________ Son: 14, 12/15/2009 R.I.P. Daughter: 20 Diagnosis: Bipolar with Psychosis. Latuda 100 mgs. |
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| HALLIEBETH87
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My Support Forums is the online community that was originally begun as the Psych Central Forums in 2001. It now runs as an independent self-help support group community for mental health, personality, and psychological issues and is overseen by a group of dedicated, caring volunteers from around the world.
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