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  #1  
Old Jan 13, 2022, 06:27 PM
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Aviza Aviza is offline
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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.
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  #2  
Old Jan 13, 2022, 06:35 PM
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Yaowen Yaowen is offline
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That's awful. $206 seems like a HUGE rent increase.
  #3  
Old Jan 13, 2022, 10:08 PM
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divine1966 divine1966 is offline
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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?
  #4  
Old Jan 14, 2022, 12:14 PM
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Aviza Aviza is offline
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raises work and social security
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  #5  
Old Jan 16, 2022, 02:12 PM
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Aviza Aviza is offline
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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.
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  #6  
Old Jan 16, 2022, 02:26 PM
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unaluna unaluna is offline
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Quote:
Originally Posted by Aviza View Post
raises work and social security
Boy it just ate both of those up
  #7  
Old Jan 16, 2022, 06:06 PM
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nonightowl nonightowl is offline
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Quote:
Originally Posted by Aviza View Post
raises work and social security
I’m not sure what this means.

The increase is outrageous.
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My Rent is Going Up

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  #8  
Old Jan 16, 2022, 06:21 PM
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divine1966 divine1966 is offline
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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.
  #9  
Old Jan 17, 2022, 05:55 AM
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Guiness187055 Guiness187055 is offline
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my rent went up $600. It's crazy what the rentals are going for around here.
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  #10  
Old Jan 17, 2022, 06:02 AM
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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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  #11  
Old Jan 17, 2022, 03:41 PM
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Aviza Aviza is offline
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my rent is close to what a mortgage is now. I'm applying to see what I can do.
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Diagnosis: Bipolar with Psychosis. Latuda 100 mgs.
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