Cost of Living: Some Charlotte renters choosing to relocate
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- Опубликовано: 20 сен 2024
- Whether it is NoDa, Plaza Midwood, or South End - rent is on the rise in the Queen City.
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It’s ridiculous. The fact that people working “essential” jobs don’t make 3x the rent while working full time, is just inhumane.
Thank you for stating this.
@something else where is it less expensive?
Yep
@@bobsacamano7653 Greensboro. I'm from Dallas and lived there off Wendover. Loved my apt. The most luxurious apt I've ever had, amazing price but I moved back to Tx cause I missed my family. I always drove to Charlotte on the weekend. It worked and there are alot more super nicer apts there but some people don't like it but it's easy to mind your business in Greensboro. Trouble finds those hanging with trouble.
Rich get richer and the poor gets poorer 😔
Yup
Yeeuuppp!!!! And it’s all a choice!!!!
@@mikeb.3189 I believe I get you where you're coming from but elaborate a little more.
You can blame the government. The government focred businesses to close, printed trillions of dollars, and paid people to not work. Joe Biden's presidency has been a failure. Inflation is through the roof.
Homeowners get richer and renters get poorer
8 years ago, people were moving to Charlotte because it was cheaper. insane
It is not cheaper now. Charlotte housing prices are now the same as other major cities. The 20 & 30 something people moving here are finding that out now. Some are leaving.
Yeah, I moved to Charlotte 4 years ago because I, like most Seattle natives, couldnt afford to live there anymore...And now here we are again...
@@nememel1 save money??? Hahahhaha
How u save money when they charging more than NYC 🤣, like i could see the prices here increase 10-15 years from now when the infrastructure gets better. But now??? It doesn’t make sense to pay big city prices to not even live directly in the city 🤣
You can blame the government. The government focred businesses to close, printed trillions of dollars, and paid people to not work. Joe Biden's presidency has been a failure. Inflation is through the roof.
The country is collapsing under the weight of extreme greed and capitalism
This is what I've been saying.
And yet far too many people today who are still comfortable are going "haha woah dude their rents just shot up 50% haha sucks to be them!"
But they won't make the connection when it's "Ouch bro! How come I get shanked by crazy homeless people every time I try to leave my house!?"
Everyone should see the need for truly affordable housing.
Say that again!!! And that greed is going to hit them all on their asses!
America will crash and burn because of greed.
It is definitely happening but you got to be aware and awake to see it!!
Nope. From socialism.
This happened in Atl last year. A one bedroom will run you 1700 now even in the ghetto.
Housing period is ridiculous. The price of a house out here is ridiculous. I can only imagine how much the rent is. Charlotte is very expensive place to live.
Indeed.
You can blame the government. The government focred businesses to close, printed trillions of dollars, and paid people to not work. Joe Biden's presidency has been a failure. Inflation is through the roof.
New Yorkers can sell their home and buy 2 newer homes in Charlotte
@@jeretso Same for anyone in Boston or the surrounding areas
Same for Seattle as well @@ChrisCollins068
I was just in Charlotte last week. The issue with a lot of people there is that they act like this is a Charlotte issue. This is happening all over the country. No reason to try and blame the city lol!
I did the Census, not true at all but as long as we have those willing to accept justification, get that, let them eat cake!
You can blame the government. The government focred businesses to close, printed trillions of dollars, and paid people to not work. Joe Biden's presidency has been a failure. Inflation is through the roof.
I love hearing the real reason they increased the rent all over the US. Landlords making up for losing money from 2020.
That's true, I'm in Jamaica 🇯🇲, and we are feeling the same pressure, i think it's a global thing.
Exactly! Every single thing mentioned here are the same things people have said about every major metro area including where I live.
I'm a Charlotte native and now I live an hour out. It's a shame the city pushed us out and don't care about those from Charlotte.
Same here in KY
That's terrible.
Its getting like that in any major city. Even here in houston
Keep voting for Democrats. They keep the housing market inflated by allowing cheap Mexican labor to spill into the country. Don't you know that?
Why didn't you point out the amount of money these landlords received as covid relief and the disconnect between so-called inflation and the profits being made by corporate landlords. Instead you solely air the talking points of the industry. I didn't go to J school but it looks like I'm not the only one.
Lol… What Covid relief??? You mean a mediocre PPP loan that went to helping to sustain employee wages and overhead operating expenses? Smh at the undereducated and misinformed!
Facts. The corporations are making record breaking profits and claiming they have more expenses. It’s infuriating.
@@mikeb.3189 Education is no substitute for intelligence. These folks prove it every day. They will also feel the effects of Biden's economy the most. I left the city after 40 years to getaway from them.
Now they are talking about food shortages in the news, and I live on a farm. Not my problem anymore.
I was thinking about that
@@mikeb.3189 Charles is not wrong here. Covid relief was available to (large and small) landlords on behalf of tenants back in 2020. In some states landlords could apply on behalf of the tenants. The funds became available to states through the "Cares Act". PPP was a different program for self-employed and small biz.
I used to rent a apartment in Charlotte and had to relocate to Lake Wylie SC as the rent was too high. Charlotte have became insane with the rent price and no law for tenants. Starting a non profit trying to build affordable tiny homes for the homeless. As I was homeless in 2018 in Charlotte
I’m sorry you were homeless. Glad you are better.
Raleigh is very expensive to.
I'm from Charlotte. God bless you❣❣
I'm glad your ok now. Stay strong
It's expensive(about $5,000) to get nonprofit status. Congrats on helping humanity but I'm just curious how you got that lump of money after being homeless.
And yet, nothing is being done to establish affordable & safe! housing for anyone. The homeless problem continues to escalate rapidly across the country. Pet rent increase? Really? Utility rate increase? Don't utilities give bulk rate discounts (for apartment complexes & corporations)? Developers were given $$ incentives to build in Charlotte, who in turn, have uglified Charlotte with death-trap high rise apartments. Apartments used to be built where all the front doors were on the outside of each unit, with a shared terrace & stairs - plus have more trees, greenery, and prettier, quainter/private landscaping. Have lived in this city for 16 years and kept up with news reports on development. My parents were in real estate & commercial construction in a neighboring county. All the bedroom communities in surrounding counties of Charlotte will ultimately do the same as Charlotte - increase housing costs. Having to live further out of Charlotte will create more traffic. Charlotte has not kept up with infrastructure. The bus system in this city is unreliable & slow. Most Charlotteans are dismayed with city management & city council. Businesses are having to shut down or locate further out because their rent has increased too, or buildings are being torn down to create ugly high-rise apartments. Charlotte used to be called "The City of Trees", but is rapidly losing its tree canopy & beauty, which has noticeably increased temperatures, noise & light pollution. Yet, it refuses to pay emergency responders and their departments (trucks, equipment, payrolls, etc) to keep up with 911 needs. No, city management & city council are more interested in selling out our city to developers, sports teams & stadiums, pizza parlors, breweries & bars. No exaggeration whatsoever there. I know Charlotte is a growing city, but over & over Charlotteans are saying it is NOT being done right - and it isn't! We don't have parks like other cities and the ones we have, are barely used because so many crimes (rapes, assaults, murders) happen in Charlotte parks. Where's the money going so Charlotte parks can be used safely? I sat in on a Zoom meeting with city management last year. I asked one city management woman about the needs of bicyclists, and she said the connection was bad; she didn't hear me (she said this snidely with a smirk on her face), because THAT is the attitude of city management & city council. They have not listened to community members for decades (I grew up in a neighboring county to Char-Meck) but will listen to developers. If you are considering moving to Charlotte to flee problems in your city, be warned, they are in Charlotte too, and sadly, getting more so. Charlotte schools are a whole other wall of text (ie: sad).
I agree i just feel like more ppl are coming down here to just “save money” but it costs about the same as NYC 🫠
Could of summed that up in two words "Democratic shithole". Used to be nice. Not any more.
@@dimitruscherry It's definitely cheaper for people from Cali.
Raleigh is in the same category unfortunately.
@@dimitruscherry people are moving to Charlotte from other cities a lot. And people in the neighboring countries in South Carolina are complaining about folks from Charlotte moving to their cities. What has been happening in NY and LA was years in the making. Now it’s hitting smaller cities.
People were talking trash about Gastonia and now it saving yall asses
Too far out for me. And the prices will go up there too. Just wait.
I guess they said be careful what you wish for
I guess be careful what you talking about
@@Deerych true its only a temp fix. I will say the cost of living in charlotte is better than where I live now but the job market in charlotte is trash. I lived there long enough to know.
"Crackstonia"
@@godva254 Yeah I don’t think the job market is as good as people say it is here except for maybe the banking industry. I’ve found employers in Washington DC and other cities further away respond to job applications faster than the employers in Charlotte do if they do even respond.
It's laughable , she said Gastonia was the place to be. HA !! Not if you have to deal with the ignorant locals! I wouldn't want to live anywhere where I have to have a confederate flag greet me everytime I leave and come home. Not the best form of a welcome sign.
It's crazy.I visited Binghamton NY a week ago,my hometown.I saw 2 Confederate flags there in people's yards.
Everywhere is high
Just leave, the owners and developers can take the properties to the grave with them.
This city is frankly not worth the insane rent increase. I plan on moving to Chicago this summer due to being closer to family and I can get WAY more rent wise than here. Charlotte is up and coming, but there’s zero excuses that the average rent here is $1500.
Good move. I'm from Chicago and miss it dearly. I dislike Charlotte so much idc if I don't go back to Chicago but my husband (who also dislikes it here) and I are surely making provisions to be anywhere but here.
@@shawngrissom1141 I totally get it. Chicago is an exceptional city. I’m originally just a little south of you (St. Louis) and I knew it would be a bit different, but I rather freeze up North than deal with the BS here.
@@shawngrissom1141 I am hearing more and more people (recently moved to Charlotte) are now leaving.
@@thedeepdarkwebb Racism is bad down here, dawg. I'm from California and never seen "plantation homes" until I moved here to North Carolina. Now, I see where the slave mentality that our people have down here comes from. Charlotte rent isn't worth more than $1,200/month to live and that's pushing it. I've lived all over the 🌎 being in the 🎖️🪖 military. So, I've paid for rents in several places. The juice is not worth the squeeze.
@@jeremy072579 The amount of chucking and jiving baffles me and have zero desire to play respectability politics with these people. I’m from the Midwest and it’s not the most progressive by any means, but people are way more genuine and down to earth.
Everything’s going up except salaries?
These apartment companies are going to price themselves out of residents and no one is going to rent.
The New World Order people want Americans to live in tent cities.
Police are ticketing van and car dwellers who park on the streets at night.
She said they have a waiting list!
No. No they won’t
I moved to SC beause rent in Charlotte went too high. But now I have to drive 1 hour back n forth everyday. WE NEED A TRANSPORTATIONS SYSTEM THAT JOINS SOUTH NORTH ETC. OUR JOBS ARE STILL IN CHARLOTTE.
WE NEED A METRO OR SOMETHING. WE ARE LOW INCOME PPL. BUT WE PAY TAXES AS WELL.
That’s an excellent idea!
Charlotte’s suburbs are becoming unaffordable too. 1 bedroom apartments in Lincolnton are over $1,000 now and that’s 40 miles away from Charlotte.
Where do we petition? Where do we join and sign for new forms of transportation?
All I see is luxury apartments…..??? Can’t afford $1600/month one bedroom apartments and think residents will stay year after year. I’m starting to see studio apartments at $1000/month and just five year ago they were only $450/month.
It would help if the contracting companies would build some of the new housing around here a little more basic and a little less fancy so people don’t have to pay higher rent for stuff they don’t need or don’t care about. Not everyone wants or needs a swimming pool, golf course, tennis court, or fitness facility. Also, not everyone needs a 2 story house with 4+ bedrooms either.
These prices are based off where they thought Charlotte was going, the nightlife completely dried up, limited educational opportunities, and crime getting crazy out of control, it's like for what I'm paying I might as well be on the big stage, at least I'll have access to a little bit more, they keep jacking up the rent, all these brand new apartments gonna be sitting empty.
A crash is def. coming & the landlords know it which is why they are trying to get the most out of tenants.
Sorry but Charlotte is NOT in any way LIMITED in educational opportunities. Are you serious. I'm from Tx and the amount of education y'all have is ridiculous.
I relocated to Charlotte in 2011. Rent was very comfortable for me in the Lake Norman area. 2019, I started to feel the increased rent pressure. I had to find roommates. Today, I'm no longer in the area. I was sadden leaving the city. I relocated back to a smaller city. Bonus, I'm rent free now. I doubt I will ever live Mecklenburg County again.
Same here bro- in 2010 everything was affordable but now it’s just unbearable, I moved out to texas now and it’s been chill here
Why didn't you purchase a house after nearly a decade?
@@djwoosie98 I had a career as a travel nurse. I was comfortable renting because I was in different cities more than being home. Renting during that era flowed well with travel lifestyle. However; I own property in a small rural area. Buying in Charlotte meant keeping up/maintaining two properties. There were no maintenence worries simply renting.
@@queenwinning you could have paid a property management company to watch both places. Rent will always increase. Renting for life is never good
@@djwoosie98 I agree with you about renting. Being a tenant is never an investment.
Rent in Charlotte has been ridiculous for a few years now. This is nothing new its crazy!
My friend’s sister moved with her husband and daughter to Ballentyne. They pay $1,700 for a dump run by a slumlord, despite the fact my friend had found several cheaper/better places to live in Gaston County.
It already happened in Concord and now in Gastonia. The gas house is about to get more company.
Just got back from Charlotte today, after spending about 10 days here. Last time I visited was 2019. As I recently explored all these areas, I knew deep down that there was no way I could afford living here. The rent prices here are comparable to Philadelphia and maybe even a little more expensive.
And if anyone's been to Phili recently, don't know why anyone would move there!
this is going on everywhere, there is no where to go, seems like a synchronized hike in prices all over
Exactly. No coincidence at all.
Charlotte, does not have rental laws to protect their tenants. Corporate greed is is out of control here in Charlotte, they put all kinds of charges on the tenants because they don't want to pay for anything. Charlotte, it's becoming a second New York.
Because they are moving down here
@@rowdykepley9026 yet, New York has laws very deep ones to protect its residents.
Its not people from NY who is the blame its corporate greed and Charlotte not doing right by its state.
Rent is increasing yet the minimum wage is 7.25 trust me people from NY are not leaving their minimum wage of $15 plus dollars to come live further in poverty.
There should be rental laws across America
@E.M.S is it really? Hold your horses 🤣
@@levoidblakeney7812 FACTS
Same hear in Texas The transplants from other states are also driving up the price .
Screwed our state up big time dam Californians!
You don’t want to move to Gastonia, that town is broke, no jobs and nothing to do…
Plus, it gets really dangerous after dark.
That’s the whole plan is to make the middle class and lower middle class families relocate…so Charlotte can build for the rich and stomp on the poor. Glad I left Charlotte in 2013… never looked back. Now I enjoy my country quiet living💯💯
Then Charlotte apartments want a gross 3x the rent to qualify. You could have a whole house cheaper. But the housing market sucks smh!
Income 3X rent is standard in most cities.
That’s just the standard. They ask the same thing here in the north.
Yet most Charlotte employers don’t want to pay 3x the rent
When the white people say it's getting high... ITS GETTING HIGH TF COME ON CLT
😂
Stop renting start buying
Mortgages are becoming unaffordable as well and many locals can’t buy a house because people buy them site unseen less than 1 day after they’re advertised
@@jamesthefisherman1060 wow
When these landlords are sitting with empty properties and going through foreclosures, they'll learn. I'm in boring Pensacola. Rent in my area is $2100 and up. It's crazy. Time to move.
Wrong. They will sell, as they should since they got shafted with being forced to lose 2 years of income and big corp will buy them, renovate and charge more. Resulting in less affordable housing.
@@dcg590 they should be after the very government that made them lose it. The same government forced tenants out of work. Know your enemy. The same government will take their properties. This is absolutely RIGHT! Many of them got funds from the government to cover rent loss. Cut it out. Who will they sell to? Bill Gates? He and the elite will be the only ones able to afford to buy. Get some sense.
Agree
I moved to Pineville 2006 had to give it up 2011 is when the extreme rent increases started relocated to GA no one is looking to help anyone miss Charlotte what alot of people don't know Mecklenburg County taxes are the highest
The price for living is completely unsuitable as it correlates to annual income.. Every few months or so we are seeing projects up to 15 million to construct new building structures that makes the city look good yet not looking out for the tax payers that make those projects possible by building and providing affordable housing without the outrageous rental requirements. The homelessness rates are extremely high and it's sickening what is currently happening.
Too any person who wants it bad enough. Save until it hurts. Save so much people around you think you’ve gone mad. People will start to call you crazy. When you hit that magic number, you’ve arrived. Home ownership is still possible for the average person. You have to want it and go get it. Save save save. Every day, every waking second that’s all you do. You have no life purpose but that. That’s how you get there.
When you pay rent you make someone else richer. It does nothing to benefit you. You gain no equity. When you pay your mortgage you stand to gain everything. You become wealthier from a paid off house. You gain equity. You also gain sanity. No more price increase. No more moving every yr or two. Stableness. Peace of mind. Sanity. Best of all. You get to do whatever you want to the house. It’s your house.
Pay off your debts. Having debt and buying a house on a mortgage is TROUBLE. I have $0 debts minus my house.
The world is so cruel!
Born and raised here in Charlotte and I despise this city to the core. I could go on and on
The LEAVE!!!
@@mikeb.3189 Leaving is definitely in my plans for sure
@@kirahoward23 - Well Kira (love that name btw) I’m genuinely happy for you, cause if the grass is greener on the other side and makes youuu, happy, that’s all that matters.🙂
I pay cheap rent here in Raleigh but the average 1br here is $1500.Raleigh used to be affordable for most people,not now.SAD.😥
Charlotte rent issue is a national issue good luck. I guess you are moving to Mississippi 😂
The increase in rent is pretty standard to what I am seeing - not relegated to the Charlotte, NC area. I live in SW Michigan. Rent here runs $1,200-$1,500 per month and a nice condo with two bedrooms next to me rents out for $2,200 per month. The condo owner must pay for water, garbage pick up, snow removal, lawn and garden care etc....the condo owner pays for a $390.00 HOA fee per month alone and in 2018, we had a $2,800 assessment for building new deck railings and property taxes that rubs over $5,000 annually.. Renters who have never owned often have a deflated idea of the REAL costs of owning property.
Duke power has everyone so there is no need to increase.. and raising rent is not necessary they don't care about a human life they are rich if you do the math and racist because they don't want minorities in a city where jobs are abundant car repairs are extremely expensive so if your car breaks down and you don't live in Charlotte you are in trouble... they need treat people they way they want to be treated... they know if this keeps going nobody will be here but the rich man it's all designed to punish the poor and make them homeless and they're sending money to Ukraine instead of building affordable housing and make it a law for a reasonable rent cap to be in effect all over America so that everyone has a place to live...it said in the bible that in the last days the love of the world will grow cold
OMG this right here, you hit the nail on this one buddy. I was looking for a comment like this I knew somebody had it in them to say.
I understand now how this happened. Them not being able to evict ppl during the pani is the end results we have now. So many ppl weren’t paying. There was definitely families struggling but so many just took advantage. Sad part is the prices never go back down with rent even if house prices start to fall
Where do they mehanics, maids and servers are going to live? They are going to have to clean and fix for themselves cuz they r going to live far.
Charlotte was once known as tree city now it's just spreading concrete and buildings
Not helping the environment or so-called global warming!!!
Except for the trees that get planted too close to the road or get left too close to the road causing blind intersections
Someone who move to the South End 8 months ago from Knoxville, TN said her rent is going up $500!
I’m currently in Charlotte but if I ever move anywhere else, it’ll be Tennessee.
@@jamesthefisherman1060 watch out for the tornadoes
@@MT-yx5cu I’d probably stay away from western Tennessee even though central and eastern Tennessee get them too sometimes
@@jamesthefisherman1060 yes more often than I anticipated. I lived near Nashville. Moved back to SC three years ago. Too many, too often for my comfort. Also, they have the occasional sinkhole.
Corporations buying and consumers renting
Too many people got used to cheap rent after the bubble burst. I told my buddy to buy and now his rent is about to go up.
We're in Charlotte, relocating to my hometown Fayetteville NC in Sept. More so because of the housing market.
I moved to Charlotte from NYC for cheaper rent but I should have stayed where I was 🤦🏿♀️🤦🏿♀️
You probably took a large pay cut in that move
this news report didn't say anything new. we know our rent is higher and unaffordable.
Its all an excuse with Landlord Corporations, at the end of the day its about "Greed".
All together now......."thank you Joe Biden"!
What's President Biden gotta do with rent prices going up and being unaffordable. If a bird do- do and a cat fart, it's always the current president . It doesn't matter whether the president is Republican or Democrat. It seems some people want to policize every and anything. SMH.
It is crazy!!! I'm ready to go...it's just a matter of finding where
They're building houses everywhere here in Gastonia it's sad I used to live in the country now I have neighbors on all sides sad
If it's not your land they're planting houses at... don't complain
Sad
What kinda supply chain issues does an apartment provide that they need to increase rent 2-800%? I don’t understand why they keep trying to dress it up those landlords are trying to have an excuse when it’s simply because they can
they are lying
CubeSmart raised their storage rates about 2 months ago. I don’t get why they need to increase everyone’s storage bill when their items are just sitting there not doing anything and not using water and electricity.
This is what happens when people vote to increase taxes. Many voters think taxes only affect homeowners and not renters but it affects everyone, you just don’t see it itemized on your monthly or yearly statement like homeowners do on their statement. Stop voting to increase taxes.
Moved to charlotte last year and now I’m moving back to Raleigh, gonna miss charlotte.
Where is the best place to move in Raleigh? Im sure anywhere near Research Triangle Park will be ridiculous
@@MT-yx5cu I lived in Cary in 2015 and loved it. My rent back then was only $700 a month and there was very little traffic and almost no crime there but my employer at that time forced me to move to Michigan. I’m not sure what Cary is like now but it was awesome back then.
"Corrective increase"😂
I can't believe anyone would want to live there in the first place.
Care to elaborate?
@@ShyLeonheart I'm waiting for an elaboration too...my eyebrow raised when I read that.
I live in Raleigh and like it better then Charlotte.We have are problems like everyone else but we have less traffic and crime.
@@gregorycyr9272 Raleigh is glorified Greensboro. It ain't 💩 there to do.
@@gregorycyr9272 😂 Raleigh
It’s just as bad here in the university area
It's everywhere but I do live in Charlotte and a renter but have a home. My rent for 2 bedroom went from $700 to 900 and that's not including the insurance and fees but the owner won't fix the place up. So it's definitely difficult. I see everyone perspectives.
That is a lie. The managers of complexes do share lists of their rates. Coworking spaces share their charges as well. Don't Lie!
It isn't a lie. Yes, they do share their rates, but then drastically shoot up their rates - most of the time on very short notice and people are drastically being priced out. The prices are not affordable or realistic.
@@nememel1 What did I say that you disagree with? The representative of the realtor group lied when she said that property managers don't share their charges. It was done in my face. I am confused. Don't you agree?
@@nememel1 Also that was my point, they share their charges and raise their rents in unison.
The rates are public info they’re on all the web pages and change almost daily
@@krassimirpetrov7131 I am not in an argument, feel free to believe what you believe.
Gastonia, NC 📍 Welcome to the “Residential Bedroom”! Such an accurate news depiction of what’s happening in my hometown of Gastonia and County the last 10-15 years. It’s just sad many out voted the the additional 485 exchange that would have skirted traffic around Belmont.
Surprised to hear that you can still rent a place for a $1000/mo. People are leaving Florida in droves because it’s way too high here. $1800 is on the low end for a decent 1br apartment. This is a domino effect now- people are leaving to escape high rent in other areas and once they find rent that relatively cheaper- that gets raised as well. It’s never ending.
There’s no reason rent in Charlotte is comparable to my rent here in Chicago. For what she’s paying in the flat in downtown clt, she could live on the water w/ a view of downtown up this way. I just don’t see the value of a large high rise in downtown clt.
And this is why I chose to RV fulltime... Love it!!
Wow! I didn't know that this was an option. There is hope
3.5 years. No electric bill, $7 to fill up water at the RV park and empty the tanks, propane is more expensive but fuel prices are up (cooking, hot water, heat). No HOA fees. No high property taxes. No high homeowners insurance. Instead, its $64 a month full coverage and insured as an RV. This time of year my carrying costs, including gasoline are about $250 a month.
Whats going to happen is there will be alot of empty buildings.Charlotte needs to enforce rent control,CLT is going to be a ghost town.
No, its not. Thats the point. Wealthy folks are moving in and raising the costs. Its gentrification at its finest. 😒
Rent control actually hurts renters. Why do you guys always want the government to step in when they helped cause this mess in the first place?
Rent control is the worst idea ever. Economists did a study on rent controls. One of the funny aspects of it was they had a comparison of pictures of cities that had been bombed and pictures of cities that imposed rent control. You couldn’t tell the difference.
@@vknight7497 at least you had a place to live.
@@greglewis9904 no dude, there’s no excuse for price controls. They destroy societies. Read “40 Centuries of Wage and Price Controls” - you will be blown away.
It's not just Charlotte it's every damn where people have become greed and I think these landlords are getting their revenge because people didn't want to pay their rent 🤦🏾♀️. People are hurting people regardless if you did something to them or not. When a large amount of people dont go to work it's hurts everyone. 🤦🏾♀️ If people went to work I don't think everyone would be in this situation 🤷🏾♀️. But guess what people are to selfish to get it in their heads until it hurts them personally this world is coming to an end 🤷🏾♀️.
😅I don’t think it’s ending anytime soon been sitting here waiting for decades lol
Choosing? or forced?
They come get these places and the rent is more then what We make.
It’s an exploitative increase not a corrective one and they should be regulated
2018 i moved from Chicago to charlotte and I was renting 2bed/2bath 950ft aprt in central point aprt and paid $850 2019 i wanted to renewed my lease the price went up $1200/month so I moved to Ashley place aprt for 3bed/2bath 1300ft for $1150 now I want to renew it $1450 nothing included. Trying to get mortgage but it also crazy like 3bed/2bath 1500ft from $350k and up plus 5% interest rate. I don't know what else to do cause I can't move to another state due to my son's medical condition
Dont give up! I am hoping home prices go down as rates go up.
@@jeretso thank you I won't it just frustrated me in many ways because sometimes I feel like I'm stuck i don't know what else to do
🙏🏾
Charlotte overwhelmingly voted for this, don't complain about cost of living now....
When cities like Seattle, New York, or others don't offer affordable housing you move somewhere where you can purchase a simple 1 or 2 bedroom condo... you'll never get ahead renting and but as long as people pay it, things won't change.
Those look like the same apts. that they built in San francisco that look like the one in Las vegas that look like the ones in San Diego that look like the other ones.. that look like these.
Right
Like inflation but the paycheck stays the same nonsense and monopoly of the highest order
20% increase is not bad. I had increase of 75% in rent in Arboretum apartments. I had very difficult time to find another place on a short notice. Management pretty much kick you out at the end of the lease. No negotiation.
but even if they move? wont they still pay for it back in gas? its kind of pointless.
🤔 when majority of people choose to not to pay rent, leave the building untenable then they will do better and stop going up on rent, this is ridiculous
This is like dominoes, ppl from the west coast move to cheaper areas and the residents in the cheaper areas get priced out. That's how it works. At least it's one thing we can't blame on immigration.
I use to live in the south end in 2011 and paid 750 for my apartment. I visited recently and my old apartment is now 1100. Its old and definitely not worth that.
to where, rents are up everywhere!?!
I lived in Charlotte since the 70's but have moved away. I still own rental property there but taxes r through the roof now crime and taxes SUCK (mostly bc of liberal democrats and their failed policies) it was a great place to grow up but I wouldn't live there again for anything! I left the vermin to the dogs i never go back unless my property needs maintenance.
It’s absolutely ridiculous. Our place went from $1295 to $1905!!!! Now we’re having to bust our tails to make an extra $600/mo just to live in the same space comfortably. We never received rental assistance, months without covering rent or anything specifically from our complex, yet we’re paying for the “aftermath of the pandemic” or other “lost wages” from where?! From what?! From whom?! People moving out after losing their jobs and not being able to cover rent? That’s what the assistance they received was for. Not to increase rent by $600+ per month. No one was ever given a break or cut some slack on payments for anything… they had to be made. It’s ridiculous. Gas & food prices increasing also yet employee wages remain the same lol they’re making it hard to live period.
Even if u relocate u will probably still end up in the same situation rent is increasing everywhere pretty much
We all know that all over the world is having issues of financial predicament, but the current situation in Nigeria is worst,
Insurance and property taxes have gone sky high. Most Landlord have no choice but to raise rents - thank you local and state elected officials. They set policy on property tax and let the insurance run crazy in your state. People keep saying it’s landlords greed - If you never paid property tax on a house or dealt with rising home insurance every year
You really don’t understand.
I have family who moved to Charlotte and they love it. I enjoyed my visit there too. With all the crime and restrictions in big cities people are moving to smaller cheaper cities.
Those people then bring their big city BS to the small cities and ruin those too. Then there's nowhere left to run.
@@JesusChrist2000BC a small City you will always turn into a big city. especially Charlotte with so much grow potential
@@JesusChrist2000BC Agreed
@@JesusChrist2000BC but not all small cities are the same. I live in a small city in the north and it has things Charlotte never had, reliable transit being one
“I did that” Brandon
TBH it just makes more sense owning a place. You can find a nice condo in Charlotte for what you pay in rent. Plus your fixed mortgage never increases. In 5 years, 10 years, 20 years it’s still the same payment until you pay it off completely.
Rent increase, plus inflation is a killer. The only way to play this is to go into ONLINE work, that way you can live anyplace with an internet connection.
That's the problem. Work from home has given people that option and they are running into new cities jacking up the costs
I'm no expert on these things, so my 2 cents could mean nothing, but I feel like this would not be much of an issue if employers started paying proper wages that kept up with inflation. I left a comfortable job in healthcare after 5 years to work in a warehouse manufacturing vaping liquid for d-bags bc it paid more..after 7 years and a few raises it's still less than $17 per hour. The costs of insurances, rent/mortgage, utility bills, car payments/maintenance, groceries, children, pets, etc..are all rising, and yet the people running the country/states are confused as to why most people can't afford to live anymore. Crime is on the rise bc criminals aren't being dealt with properly due to woke politics, and good people are sometimes being forced into doing desperate things bc they can't afford to feed their families. Remember back when covid first showed up and the government gave people unemployment checks that they felt were equal to the average wage, but most everyone was getting paid more than double what they made working full time? How did that alone not show them that most people are underpaid?
How do you think criminals are supposed to be dealt with sir?
You want more money for working in a warehouse that requires no skill? No. Get a trade or an education. You’re entitled
Honestly I believe it's setup where it's never going to match or be equal too.
@@dcg590 Not entitled..just think when the price of everything rises so should wages. It's kinda how things are supposed to be. Also, I call it a warehouse. It's a lab built inside of a warehouse. But since you didn't seem to catch the first part..it pays more than my job in healthcare did that actually required licensing, and additional education. So why are you not as upset at healthcare workers being underpaid as you are at my comment about wages needing to be higher? :)
Go back to healthcare, my husband runs a nursing home paying CNA's 90$/hour...go through an agency
They need to raise taxes to cover this rising loan forgiveness
OK what's the rent there
Charlottean here. Read a local news report last week the average rent price in Charlotte is $1679 for a 1 bedroom apartment. That average cost includes old and newly built apartments. There aren't proper laws & protections in place for renters in NC (Charlotte).
...But BlackRock president Rob Kapito calls us the entitled generation.
Rents were always a rip-off. Now, the greed has accelerated everywhere.
it increased in Atlanta, too. It's everywhere.
What she said didn't happen that way actually did happen that way. We living in the 1984 book for real.
But we can send $100 Billion to Ukraine? Insane
So what she's saying is owner's are charging ridiculous amounts so they can get there money back. Do they realize the affect the pandemic has had on normal evey day citizens who literally couldn't work and had nothing
The RDU rental market is insane as well.
Right!
Really?
What is RDU?
@@MT-yx5cu Raleigh-Durham-Cary-Chapel Hil
You'll not find even a Studio apt for less than 1k in Mckinney TX. 1 bedrooms that were $950 2 yrs ago are now $1300.
Charlotte used to be very affordable until too many people moved here and drove the cost up.
Did she say her rent went up $400!??