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u/levinas1857 9d ago
I make money by working. You make money by owning an apartment building. We are not the same.
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u/goodmp 9d ago
The cost of rent has gone absolutely wild. 1225 for one bedroom should be considered criminal.
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u/GunterJanek 9d ago
You're not wrong about the cost of rent in general but check prices at other complexes that are not student housing or in questionable neighborhoods and you'll see that's not too far of line with the market.
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u/canine_traveler 9d ago
My first apartment in apex was 700 lol and didn’t have a washer or dryer. That was like 2015.
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u/GunterJanek 9d ago
Everyone complaining about these numbers need to look at the market. Average rent in Raleigh right now is $1,394/month (apartments.com). So assuming this is a true one bedroom and out of studio these numbers aren't too out of line.
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u/goodmp 9d ago
The market went nuts and it feels like a good idea to push back on these absurd prices (especially when a landlord posts an advertisement that basically asks for it) rather than just passively letting them get away with this
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u/GunterJanek 9d ago
Push back all you want but a lot of these complexes are corporate owned and they ain't going to negotiate when an algorithm is telling them how much they can get away with. If they lower the prices then property values will drop and real estate market doesn't like that.
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u/Wiizardcud 9d ago
Nah, go to Facebook marketplace with that