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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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54274467 No.54274467 [Reply] [Original]

JUST

>> No.54274491
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54274491

>>54274467

>> No.54274521

>>54274491
uhm.................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................based?

>> No.54274539

Why are they asking for more money? Their mortgages are fixed rate.

>> No.54274573

>>54274539
If they haven't done anything to improve the property they should have no right to ask more.

>> No.54274575

>>54274539
Yeah, but everything else has gone up in price due to inflation.

>> No.54274604

>>54274467
what does that mean?
they are booting poor tenants out and then rental properties are now empty?

rentcattle can't "refuse", they either pay or leave

>> No.54274609

>>54274575
Not my problem.

>> No.54274623

>>54274491
Fpbp
/thread
Landchuds eternally BTFO

>> No.54274624

>>54274575
Rent prices were the very first thing to go up, it IS the inflation this is a dumb excuse

>> No.54274644

>>54274491
based and no rent pilled

>> No.54274659

>>54274604
1. Landlords can't find tenants at the rate they're advertising so have to drop the price
2. Existing tenants threaten to leave if the landlord raises so the landlord doesn't raise

>> No.54274690

>>54274467
get me off reddit island.. please bros

>> No.54274727
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54274727

>>54274467
>ask for more and more money
>increase rent for every person on fucking earth
>literally cheaper to buy an house with roommates or stay with parents
>maintenance and management in all places are consolidated under some bullshit realty megacorps that never wants to do their job for tenets (so mold, structural problems, infestation and more are all present and inevitable if not)
>rightoids don't want, libtards don't want, lefties fucking despise landcucks so lol
>millions of investment properties that nobody could afford, and those that can have vastly superior options (such as condos or a fucking house lmao)
>credit checks for tenants
>have to make 3 times to the rent a month to even apply to these shitty scam properties
>consumer base for these apartments literally doesn't exist
>"OY VEY WHY ARE WE LOSING MONEY?!?!?!"
Lmao fuck landcucks, biggest shitshow of the decade right now because of they're too greedy and retarded. The market falling for these dumb jews is the greatest shit to relish in. Landcuck shoah is going to be funny as fuck to watch

>> No.54274748

I haven't seen rental rates fall at all.
Fake and gay

>> No.54274782

>>54274539
It's New Zealand, we don't have fixed mortgages like burgers hahahahaha. They bought houses at the peak on a 2% interest rate that has now expired and they're all rolling onto 7%+. NZ landlords are the ultimate cucks, they're not even getting 50% of their mortgage payment back in rent, they're all purely holding onto it for the speculation on the price.

>> No.54274807

>>54274782
I have no idea how anyone could live in New Zealand. It seems like Australia but somehow even more remote and shit.

>> No.54274811

Mao was the only person who had the right answer for land"""lords"""

>> No.54274838

>>54274807
Australians have the same mortgage system as we do, except their property speculation was even more mania driven that ours, like textbook insane.

>> No.54274844

>>54274811
Get a job commie

>> No.54274848

>>54274807
most smart people leave, which in turn makes the country worse, rinse and repeat

>> No.54274875

>>54274467
lol :D
turns out investing in RE is a bad idea with high unemployment on the horizon! who knew!

>> No.54274877

>>54274848
NZ brain drain is very real

>> No.54274887

>>54274844
Dubs wasted on a landcuck seething that his ARM went from 2.5% to 6.75% on his $750,000 loan for a 2 bed/1 bath shithole on less than a 1/10 of an acre.

>> No.54274932

>>54274887
kek, none of them are factoring in the hell on earth tier inescapable debt prison that negative equity and no job prospects can bring too. Imagine ending up a literal debt slave of the state that has to ask for permission to leave the country and own a vehicle that costs more than 5k NZD (roughly 3k USD).

>> No.54274938

>>54274875
>turns out investing in RE is a bad idea with high unemployment on the horizon! who knew!
unless the world economy truly grinds to a halt we won't see crazy unemployment because of the decline in the prime working age populations in pretty much every country since covid. however, decline in these same demographics and the decline in yields in rentals will force a LOT of real estate investors to sell and once that ball gets rolling it's going to be a fucking bloodbath

>> No.54274976

>>54274938
pre-covid NZ was bringing in roughly 200k immigrants a year all to Auckland pretty much, since covid there has almost been net zero immigration, along with a lot of Aucklanders fleeing the city. They have no idea how bad things could get for them, obviously, because if they did they would never have signed themselves up for what comes next.

>> No.54275008

>be boomer
>ask for literally half the local entry level salary in rent
>shocku face when millennial with means just moves further away to a cheaper place, while zoomer without means just doesn't bother leaving his parents house at all
Crazy how destroying the market destroyed the market, I know.

>> No.54275021
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54275021

>>54274659
>1. Landlords can't find tenants at the rate they're advertising so have to drop the price
Which is what should happen if these greedy kikes were smart but do you think the ultra-orthodox jew york rabbi wants to decrease rates? The absolute chutzpah for you to suggest that to goldberg realty. So instead they are going to crash and burn because foreskin suckers don't think about anything but trying to build their wallets in insanely stupid ways and cry when gov introduces rent control instead of israel funding.

>2. Existing tenants threaten to leave if the landlord raises so the landlord doesn't raise
Lol, delusional. They let the tenants leave and expect tourists or migrants from northern states or out of country (if you are in somewhere like Florida) to rent these shit properties except they won't because why rent for jew prices when you can buy a house for cheaper? So the jews will continue losing the money and holding the bag like retards until gov forcibly cucks them and then they cry on news about how the poor landcucks are so oppressed by the antisemitic tenets who refuse to pay them their israel dividend until the gov gives them back control they don't deserve. Fuck them.

>> No.54275041

>>54274539
Boomers have a bottomless greed so that even if they're a 64yo with 4.4 million nw projected to receive another 2 million in inheritances, gibs and pensions in their lifetime assuming they live another 20 years they think maybe they can squeeze another few million out so that they can just, like, have it I guess? Can't really see what an 84 year old would spend it on besides medical bills not covered by the state, but it's definitely not anyone's inheritance.

>> No.54275061

>>54274575
Yeah, here's the deal: I'M JUST NOT GONNA RENT FROM YOU HAHAHAHAAHAHHAAHAHAHAHAHAH

>> No.54275063

>>54274491
this reeks antisemitism

>> No.54275124

>>54274938
good points anon

>> No.54275138
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54275138

>>54274491
>NOOOO PAY MY FUCKING MORTGAGE YOU FUCKING RENTOID FUCKING LEECHING OFF YOUR PARENTS FAGGOT MOVE OUT AND PAY MY FUCKING MORTGAGE

>> No.54275155
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54275155

>>54275008
>>54275041
Boomers and orthodox rabbis getting what they deserve. You love to fucking see it. Fuck landjews, unironically hope the big gov they hate so much fucks them over. They're going to be the reason why my generation dies without medicare or social secruity when I turn 65 so let them get obliterated. Landjew shoah can't come soon enough. Israel is a terrorist state.

>> No.54275541
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54275541

>>54274491
>My girlfriend already lives with me so I already have sex AND don't pay rent LOL

>> No.54275662

>>54274887
I rent because I refuse to invest in this fucked housing market, that doesn't make being a disgraceful commie loser anything other than embarrassing. Stop blaming landlords for your pathetic life

>> No.54275691
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54275691

>>54274844
Mao's policy and communism in general creates jobs as opposed to western democratic systems that discourages people from working
I don't understand this idea that Communism decreases the job supply or commies are less likely to work

If anything commies are more likely to work under a communist system even if it's a bullshit job because of collective guilt since the entire society is now structured to work under the states system

>B-B-B-BUT THE REDDITORS ON ANTI-WORK DON'T WORK
They're not commies. They're neo-liberals who would be the first to die to commies

Pol Pot didn't go off and kill all the farmers, he went and killed all the redditors and forced the rest to become farmers

>> No.54275721

>>54275662
I own a home outright at 30 and my wife is the breadwinner while I get to do home improvement and play guitar all day. Ya seethe bitch lmao

>> No.54275744
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54275744

>>54275662
t.

>> No.54275833

More and more I’m glad I decided to move into my condo instead renting it out like others told me.

>> No.54275871

>>54274539

Problem is home values (and therefore property taxes and insurance) as well as labor and maintenance have all gone up bigly over the last couple years.

>> No.54275899

>>54274539
Why should the amount of rent one asks for depend on one's mortgage rate? The price of rent in a region is set by supply and demand and landlords will charge what the market will bear

Would you sell something you owned for less than it was worth just to benefit the dude buying it?

>> No.54276036

>>54274467
>MY MORTGAGE PAYMENTS ARE GOING UP
>I'M GOING TO HAVE TO PASS IT ON TO YOU
>WHAT DO YOU MEAN YOU' RE NOT GOING TO PAY
>YOU HAVE TO
>YOU NEED TO PAY MY FUCKING MORTGAGE

>> No.54276194

>>54276036
Kek. I can only hope these people get fucked again and again. They gambled woth easily available money and lived big. All the little people are suffering through this recession. Why shouldnt land lords? Disgraceful 'better than thou' greedy fucks

>> No.54276585

>charge far more than local jobs can support
>why are my units empty

big brain play

>> No.54276932

>>54274491
Kek

>> No.54278916

>>54275662
>OY VEY stop being an heckin COMMUNIST and give RENT MONEY to the JEWS, you stupid goy
Rent control when? I want to see landjews seethe

>> No.54278943
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54278943

>>54274491
Hey, so basically I'm just gonna not rent
I know .... UGH I know....
I'm sorry!!!!!!!!!!!!!!
It's just that I'm going to own my own house and land
HAHAHAHAHAHAHAHAHAHAHAHAHA

>> No.54279327

>>54274467
my city rents are totally flat, except for the luxury rentals

>> No.54279335

>>54274467
Weird when I put up a rental I got 50 hits a day. Nice larp in poor land. More people come into america everyday try and keep up!

>> No.54279344

>>54274539
Their taxes also went up.

>> No.54279365

>>54274467
Because most renters are low income and most low income has been stagnate or rising slower than inflation. Many simply cant pay more.

>> No.54279370

Is being a landlord even going to be possible in a decade when the majority of the population in the US is going to be black or hispanic? Your rent is never going to make it and your property will get vandalized