Do You Rent? Have You Had Increases?

Discussion in 'Money & Finances' started by Lon Tanner, Oct 1, 2018.

  1. Lon Tanner

    Lon Tanner Supreme Member
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    What makes it unnatural?? There is always a price for living as well as dying.
     
    #31
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  2. Lulu Moppet

    Lulu Moppet Veteran Member
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    You're reminding me of my mother who always said there are 2 things you know will happen for sure Death & Taxes.
     
    #32
  3. Hal Pollner

    Hal Pollner Veteran Member
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    I feel that it's JUST NOT RIGHT that you should have to PAY someone for living in your own Home!

    A Home should belong entirely to those who dwell in it, and if it doesn't, then work hard toward owning it!

    We did, both of my wives and I, and it was worth it in the sense of fulfillment and greater economic security!

    Harry
     
    #33
    Last edited: Mar 14, 2019
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  4. Hal Pollner

    Hal Pollner Veteran Member
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    Rent, Schment!

    We don't use the stuff!

    Hal
     
    #34
  5. Frank Sanoica

    Frank Sanoica Supreme Member
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    @Hal Pollner

    No matter what you, or any of us feel, or claim, NONE own their own home, getaway, slice of desolate property on which to squat.

    If you doubt my words, try not paying your property taxes for awhile: soon enough the MAN will prove who really owns your property, by taking it away from you!

    Frank
     
    #35
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  6. Lon Tanner

    Lon Tanner Supreme Member
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    I received a letter today that my rent will increase by 3 % effective December 1,2019. It's a reasonable increase and I expected it.
     
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  7. Beth Gallagher

    Beth Gallagher Supreme Member
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    Nope; no renting. We paid off our mortgage about 10 years ago, but we do have property tax increases some years.
     
    #37
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  8. Holly Saunders

    Holly Saunders Supreme Member
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    Are you still paying 5K per month, Lon ?.. that would make a quite substantial rise of £150...
     
    #38
  9. Lon Tanner

    Lon Tanner Supreme Member
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    My total rent including Care Fees Guest Meals & Tray Service was actually $ 6,000.00 plus per month. My insurance will pick up more than half of that.
     
    #39
  10. Ken Anderson

    Ken Anderson Senior Staff
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    Having rented for most of my life, I am so glad not to be renting. Having a mortgage, of course, is pretty much the same thing, except that you have to do the repairs too. I am glad to not have a mortgage.
     
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  11. Cody Fousnaugh

    Cody Fousnaugh Supreme Member
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    All apartments we've lived in, we've got a rent increase at either the end or the beginning of each year, that was around $20 per month increase. My wife hates it, but it just comes with renting. At least, in renting, we don't have property taxes and anything mechanical breaks in the apartment, it's either fixed or replaced at no cost to us. Our last apartment, in Florida, we got a new AC outside unit, new water heater, new inside heater, new clothes washer and new smoke/oxygen detectors.

    There is both good and bad about renting and buying/owning a home.
     
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  12. Lon Tanner

    Lon Tanner Supreme Member
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    I can't think of one single thing that is bad about owning a home. I have owned several in the U.S. and New Zealand and made a substantial profit with each one when sold. What do you ever get back after renting? RECEIPTS!!!
     
    #42
  13. Thomas Stearn

    Thomas Stearn Veteran Member
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    No rent, no mortgage. Couldn't afford any increase. ;) But there's an increase in property tax in the pipeline. Hope it won't be too substantial.
     
    #43
    Last edited: Oct 5, 2019
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  14. Lon Tanner

    Lon Tanner Supreme Member
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    Hope it's not substantial for you.
     
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  15. Bess Barber

    Bess Barber Veteran Member
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    I rent for a number of reasons. I don't know how to fix anything, my daughter lives across the street, but the main reason is this will not be my final retirement home. I will have to move when the time comes one or both of my parents need me. After all that, I'll make a permanent decision. My rent has never increased and I've been here 3 years. I really do like it and have a stellar landlord.
     
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