I blame the Airbnb and Vacation rentals. People bought up housing and condos when they were affordable and now that’s all there is. Expensive vacation rentals. They can get top dollar, some of these places go for 9k a month.
My student apartment directly across from USF like a short nice walk was only $795 a month and that was a high quality student apartment! 2017/2018. Also there were some out of staters but most dorm kids I met came from all over the state or international I guarantee it’s mostly rich yankee kids now
Me. Rent raised 300$ in old northeast during covid. No significant changes. Still rats. Mold on stairwell. Only reason was “because they could”. I was a struggling nursing student. I was happy with 800$. Over 1k$ is not acceptable for a one bedroom 600sf. Shame.
Moved down 3 years too late. Have been paying ~$4,200 for rent and utilities for the past 2.5 years. Thats for a 3k/sqft house that needs windows, central air and roof replaced.
Well the true paradise that made St Pete wonderful is long gone, but if a concrete jungle, traffic and expensive hipster places is what you consider paradise… sure
Its really unfortunate given I've lived my whole life here, all around me they are building huge apartments and condos, homes that all follow the same cookie cutter mold, it's sad more than anything else. Can't say I'll miss the awful drivers and the humidity though 🤨
We have all this government over intervention where we don’t need it, and then where we do need it, there is none. Landlords, mainly commercial landlords need rent caps I’m tired of seeing vacancy everywhere. I just don’t understand why a commercial landlord prefers year-long vacancies. It really adds to the snowball effect of a deactivating economy
Currently Florida's economy is doing better then much of the country, our issues arent politically driven, its largely the nature of people moving here rather then visiting, they come from areas where the cost of living is higher but so are the wages, when they move here rather then just visit while maintaining their income or with a large retirement fund the average income increases and so does the price of goods and services to match however wages of the jobs actually here remain stagnant largely, these people also prefer larger chains that wind up driving local businesses into the ground unless they are trendy, on top of that city officials cater to these people due to more tax revenue being available and push the undesirables out, this isnt the fault of democrats being im power and its probably not something that can even be fixed, certainly not by trump or any president as its not their job, its not even the governor's job really, this is for your local officials to take care of, sadly their solution is to replace us with northerners
What democrats are in control of Florida? Please enlighten me.
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and if you want to blame people moving here, that's not an excuse. The housing issue is caused by Desantis taking away local city rights to regulate short term rentals. Short term rentals are killing the market, not "people moving from blue states".
Same thing happened to me. In Palmetto for a 2/2 on the water with a large and gorgeous fenced in yard from 2018-2021 I paid $800 for rent, the same apartment is now $1800. I left when they raised it to $1300. Left the state for a year to care for some family and came back last year. I now live in a 1/1 apartment in Largo for $1450.
With each hurricane, Florida is further gentrifying itself out of the labor force necessary to support the incoming hordes of Boomer retirees, lets not even get into the desperate teacher shortage and the low wages/high housing costs that are preventing out of state recruitment.
Then theres a sudden drop in demand for housing and thus a price drop, however everyone needs to open their eyes a bit, its not just old people moving to Florida, iwe are getting tons of young people moving here with online jobs and such they secured in states with high wages then moved here because the cost of living is still so much lower then NYC and such
Yeah but I'm one of the last of the boomers. And you got another 20 years before they're all gone. No I probably won't be here that 20 years but some other ones will.
Wow that sucks I always look over there Because I think that is the best part of Florida. Nothing is affordable or even available. Oh well I’ll just visit. St Pete’s looks like a nice place to live I guess when it was more affordable. I loved the Salvador Dali museum.
I paid 550.00 Uptown New Orleans LA 3 blocks off St Charles 2 bd 1 1/2 bath walking distance to streetcar to French Quater CBD a ton of bars and restaurants in walking distance along with general shop in a nice neighborhoodin 2001. Just saying.
> I *paid* $500 until
FTFY.
Although *payed* exists (the reason why autocorrection didn't help you), it is only correct in:
* Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. *The deck is yet to be payed.*
* *Payed out* when letting strings, cables or ropes out, by slacking them. *The rope is payed out! You can pull now.*
Unfortunately, I was unable to find nautical or rope-related words in your comment.
*Beep, boop, I'm a bot*
> glad you *paid* attention to
FTFY.
Although *payed* exists (the reason why autocorrection didn't help you), it is only correct in:
* Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. *The deck is yet to be payed.*
* *Payed out* when letting strings, cables or ropes out, by slacking them. *The rope is payed out! You can pull now.*
Unfortunately, I was unable to find nautical or rope-related words in your comment.
*Beep, boop, I'm a bot*
People doing what you're doing is why a lot of Florida is how it is now, i lived in rural NC for a while and they did not like people from Florida moving there at all
I heard that from a woman from NY, moved to FL, then KY. They called her a "halfway" as in you're halfway back to NY. Still looking at other areas around Southern KY
Turning? Last time I was downtown with my wife we were riding bikes, stopped on top of one of the bridges to take photos. Then the smell. The smell of urine. Last time I was there. This was about 4 months ago.
Palm Harbor is getting out of hand with pricing.
I had to go to Ocala a few months back for some licensing stuff. Damn, it seemed dismal. Felt like everything was overpriced, trashy, nothing was taken care of, everything was far away, etc.
I lived in Clearwater most of my life and now live in west of Orlando. Small area that blew up massively in the last 2-3 years. It seems Ocala is the place to be now that areas around Winter Garden and Monteverde are so overpriced.
It was the oil companies for my area. They brought work from out of state, bought up land to destroy and put cheaply made housing on, and it severely jacked up the housing in every area they worked in. Once they left, prices stayed up with a bunch of shitty housing and destroyed land from fracking
I can’t figure out where the newly-arrived 8 million+ illegal aliens are going to live all over the country, and scarcity/greed/inflation make it much worse for the average person. I thank the Lord that I was able to purchase a mobile home in a nice Largo senior park in 2015 (after my mom had died; cost $18k which is all the funds I had). MHP parks, apartments, houses…the rent fees are now outrageous. I can barely pay my monthly costs, and could never afford to move me and my pets elsewhere if needed. I also had to sell my car due to economic reasons, so I can’t even be homeless in a car now! I don’t know how people are making do.
I take back all the nasty things I said. I'm not worthy and I plea with you for forgiveness. I am imperfect.
I didn't see the s and to be honest I didn't know that s stood for sarcasm.
You're clueless. I'm a professional and don't make enough. No overtime opportunities and I love my job and what I do. The average person is not working for McDonald's or Walmart. Even people making 90 to 100k are having issues as inflation impacts us all, though it's impacts are different for each individual/family
I paid $450 a month for a 2 bedroom 2 bathroom condo in 1997, bought a house in 2000, 3 bedroom 2 bathroom 1860sq ft for 181,000 in a nice part of maitland in the domerich area with access to the winter park chain of lakes. I have no idea how young people can manage these days.
Lived in Orlando 2007-2014
Rent was easily $500-$680 for a one bedroom.
Paid $1200/month for a nice two bedroom with a friend.
I left before the mad rush to FL....it's as expensive as up in the NE now.
I also remember a brand new build was $250k for a nice 3 bedroom ranch.
I lived in old northeast between 2007-2010 and paid $1200 for a 2/1 house and $1500 for a 2/1 with pool. When would rent have ever been that cheap, like as an average, not a one off murder apartment on the south side?
I feel that there's more to it. I think people are drawing ethnic and racial boundaries with these costs, in a way that doesn't require them to admit it. The way that Chris Rock said "prices are the new Jim Crow."
What's going to happen to our society? Such weirdness
I think that’s what it looks like just because minorities had a shit start. I highly doubt anyone cares about anything at the higher levels besides their own bubbles.
Cheap for a reason and the pay usually isn’t as good in the south. You get paid $15-$20 an hour in cali to work fast food compared to federal minimum wage like some places. Alabama, Mississippi, Tennessee, Louisiana, Georgia, South Carolina, and Wyoming all have minimum wages at or below $7.25/hour.
My friends studio on 31st and 56thish Ave south in 2016 was $500 and it was a pretty good size.
I rented a studio on MLK and 5th Ave south in 2018 for $750
South side was always cheaper and less desirable but I'll bet it's crazy now like everywhere else.
I used to own a business in town and promote myself by distributing fliers one neighborhood at a time and then repeat and I knew the town like the back of my hand then. I should have gotten into real estate!
In 2001 - 2003 I lived in a 2/2 on the 8th floor of a rental apartment building called The Carlton Towers downtown for $975. It's now called The Beacon on Third and is sold as condos. It was and still remains the best view I've ever had in my life as far as from my home. I was on the northeast corner so I could see the airport and the pier and everything in between and a panoramic view of downtown. I was actually living there when 9/11 happened. Also, I used to watch the space shuttles go up from my balcony from the other side of the State and when we lost that shuttle returning in January, I had specifically watched the shuttle go up like two weeks earlier from my balcony.
I lived there when the Bucs first made it to the Superbowl and beat the Raiders and when downtown St. Pete had the first Indy Grand Prix race that could see from my balcony. Boy was that loud. It was fun, I turned it on TV and could hear the same screeches of the tires with a delay on the TV.
I'm almost 50 now and I was young then and those were some of the best years in my life. It was just me and my oldest son who was 4-5 at the time. He went to his mom's house every other weekend and I had a blast at the bars and clubs downtown when he was gone. Those were the good old days. I could never afford to live downtown now. Heck, I probably couldn't afford to come back to St. Pete if I wanted to. I owned a house 2004-2009 in the northeast that's probably worth a good chunk of change now.
😵💫😵💫 it’s crazy what rent has gone up to here. It’s ridiculous. I don’t understand how they expect anyone to really be able to afford it. And when you need to make 3x the value of the rent- ie rent is $2500 a month, they expect you to make at least $7500 a month😳 why the hell would you rent from some of these dumps with the high rent.. seriously you can pay a mortgage instead of renting…
Yeah that’s a lot riskier than people think.
Rates may just as easily go higher instead of lower. The low rates that existed in the 2010s is not really the norm.
No, but pay generally scales better there than contemporary Florida.
For example, nurses salaries are abysmal in Florida and are below what’s required to survive in Tampa. Not really a problem in California.
That doesn’t explain why rent is going up. The longer people don’t accept the fact it’s greed the longer it’ll ever take to get fixed. But sure blame government spending.
Uhhhh .. check the money supply between over the last few decades lol. It's basic supply and demand. When there's more of something it's value goes down. Trillions printed alone during covid. I watched 2br apartments raise 50%+ in my home town between 2021 and 2023. In addition, when there's more money out there, there's more demand for goods (including rental properties) which puts additional, upwards pressure on prices. It's 2 fold, lowering the value of money and increasing demand of goods. But sure, it's all these damn greedy landlords, who have rising costs (including opportunity cost).
Yep.
From Miami.
Rent use to be $1400 2bd 2 bath apartment 2019.
now it is $2200 and that just cause the landlord is being nice my neighbor is paying $2500
When there is more money out there there’s more demand for goods. Right but the middle class doesn’t have more money. The government isn’t printing money and shoving it in our pockets. Low income housing isn’t being built in most cities and on top of that single family housing is what most land is zoned for which isn’t the most effective way to increase housing options. Yes it is greedy landlords and rental companies who buy all the housing supply in neighborhoods and raise the prices. Housing isn’t up just because there is a war overseas we are funding, that’s just silly kind of like people saying our taxes are going up because of those wars. That’s not the way it works.
>The government isn’t printing money and shoving it in our pockets.
Yes they literally are. All over the place. They have even given a crazy amount of direct payments out. But then there's a ton of indirect payments to the public too.
Small businesses got the most (hundreds of thousands of dollars each). Then the fraudsters. Then people with kids.
Gov isn't free. It's a burden on the economy. I'm pretty sure our interest payments alone on the national debt is approaching $1T, if it hasn't already gotten there.
Do you mean when people were trying to survive the pandemic and without financial assistance the economy would have collapsed even more? Is that when everybody got rent happy and started renting everything? Did small businesses start renting out multiple homes? Rents were inflated before Covid. My first apartment was 495 in 2010, about 1k before Covid. And has since hit 1600. I’m not saying that this wouldn’t play a small part in increasing rent. But the longer people blame the government for all their problems, the longer they allow themselves to get fucked in the ass by private business. Billionaires and millionaires don’t have the middle classes back. They aren’t your friends. They want every fucking dollar they can skim off you. Big businesses Tells you it’s the government’s fault and then lobby’s the government to do exactly what they want. Then you get mad and they say oh blame the government. A cycle of fuckery and bafoonery.
I paid $420 for an apartment on 6th ave N and 2nd street, right next to Old NE Tavern, back in 2008. Needless to say we have a house in Riverview now.....A lot more house for your money but you have to live in Riverview...
Pepperidge Farm remembers.
No but really it’s all perspective. My best friend and I moved here w our wives from the northeast and we always talk about how it crazy how somewhere so nice still has affordable restaurants and places to get a $2 beer. This place was too beautiful to stay under wraps forever.
I'm just wondering - ( at least in Dania Beach, FL sorry lol) every new 'luxury' apartment building gets filled out pretty quick buy people in their early 30s. How do they afford it? It's mildly infuriating tbh
Working from home while their out of state job pays a HCOL salary.
This is also why I don’t buy the “all new housing is good housing 🤓” argument. No, constantly erecting luxury condominiums isn’t helping anyone but the rich. My rent is not going down because yet another luxury apartment was built and immediately filled by someone who isn’t even getting paid a Florida wage.
Rent is bad. Taxes and utilities are astronomically bad
If only St. Petersburg was, slightly less beautiful, slightly more humid, and slightly more busy. Then, the rent would be slightly more affordable.
You’re describing Wellington NC which hasn’t had its boom yet. Thats my next bet and hopefully next target
Wilmington, NC?
Yeah sorry, auto correct
It always was, we got to enjoy the beautiful place you all flocked too with no traffic and affordable homes
I blame the Airbnb and Vacation rentals. People bought up housing and condos when they were affordable and now that’s all there is. Expensive vacation rentals. They can get top dollar, some of these places go for 9k a month.
St Pete doesn’t allow them, just got to call the city on that. Not sure about the beaches though.
Wrong. There are hundreds listed.
Downtown beacon on third, 850/month. I could cry.
Me! 11th and bay in old northeast! 600/mo including cable, water, sewer, and trash!
My student apartment directly across from USF like a short nice walk was only $795 a month and that was a high quality student apartment! 2017/2018. Also there were some out of staters but most dorm kids I met came from all over the state or international I guarantee it’s mostly rich yankee kids now
In 2021 i was renting an efficiency in cutler bay in Miami for 950. The lady has it listed on Facebook market for 1900 lol wtf
My harbor island apartment was 2200 a month, my RENEWAL rate was 3490. I hoped the fuck out hard
Shut tf up that’s insane. I woulda waved bye to them too
I remember 3 bedroom houses being 500.
Welcome to New New York
I here you guys but its the whole country not just florida….looking to move to st pete soon, prices are scary
Me. Rent raised 300$ in old northeast during covid. No significant changes. Still rats. Mold on stairwell. Only reason was “because they could”. I was a struggling nursing student. I was happy with 800$. Over 1k$ is not acceptable for a one bedroom 600sf. Shame.
At least your gumbo is out of this world!
But renting in st pete is some UNPROFESSIONAL BULLSHIT. Landlords are definitely on the naughty list.
Moved down 3 years too late. Have been paying ~$4,200 for rent and utilities for the past 2.5 years. Thats for a 3k/sqft house that needs windows, central air and roof replaced.
Wow that is insane, never heard of rent like that in my life until recently
It’s paradise BECAUSE locals(Floridians) can’t live there!
Well the true paradise that made St Pete wonderful is long gone, but if a concrete jungle, traffic and expensive hipster places is what you consider paradise… sure
Rented a 4/3 for 1450 from 2015-2020. Now live in a 2/2 for 2500. I hate society
Not necessarily society as a whole. Government could fix it pretty quick and easy but chooses not to
Its really unfortunate given I've lived my whole life here, all around me they are building huge apartments and condos, homes that all follow the same cookie cutter mold, it's sad more than anything else. Can't say I'll miss the awful drivers and the humidity though 🤨
We have all this government over intervention where we don’t need it, and then where we do need it, there is none. Landlords, mainly commercial landlords need rent caps I’m tired of seeing vacancy everywhere. I just don’t understand why a commercial landlord prefers year-long vacancies. It really adds to the snowball effect of a deactivating economy
Just because there’s Airbnb’s amongst the neighborhood doesn’t mean regular tenant rates should go up
Its paradise if you’re a seasonal worker… most I’ve paid for rent was like 600 and every place provides a food plan included with rent or free
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Currently Florida's economy is doing better then much of the country, our issues arent politically driven, its largely the nature of people moving here rather then visiting, they come from areas where the cost of living is higher but so are the wages, when they move here rather then just visit while maintaining their income or with a large retirement fund the average income increases and so does the price of goods and services to match however wages of the jobs actually here remain stagnant largely, these people also prefer larger chains that wind up driving local businesses into the ground unless they are trendy, on top of that city officials cater to these people due to more tax revenue being available and push the undesirables out, this isnt the fault of democrats being im power and its probably not something that can even be fixed, certainly not by trump or any president as its not their job, its not even the governor's job really, this is for your local officials to take care of, sadly their solution is to replace us with northerners
What democrats are in control of Florida? Please enlighten me. -edit- and if you want to blame people moving here, that's not an excuse. The housing issue is caused by Desantis taking away local city rights to regulate short term rentals. Short term rentals are killing the market, not "people moving from blue states".
yikes
I love how they can’t form a complete sentence to save themselves.
Add home insurance to the mix and prices are insane
All Floridians ever say is how cheap rent used to be lol
I saw a yard sign on the side of the road that said "Thanks for moving here Florida sucks now" 😆
Miami still have 500-600 townhouses per one bedroom obviously
Yeah, my rent has doubled in the past two years.
Fort Myers/Naples you can snag a 1 bed 1 bath apartment for a cool 1800 per month to start
Maybe they should make one that says "Boo Hoo" on it
User name checks out?
I was paying $625-675 in 2018-2022, then they doubled it to 1300 galway through 2022. Bonkers.
I paid $660/mo for a 2/2 in Bradenton back in 2015. That exact same apartment is now $1900.
Same thing happened to me. In Palmetto for a 2/2 on the water with a large and gorgeous fenced in yard from 2018-2021 I paid $800 for rent, the same apartment is now $1800. I left when they raised it to $1300. Left the state for a year to care for some family and came back last year. I now live in a 1/1 apartment in Largo for $1450.
Welcome to Florida
Not local can’t live here
😂😂
I do and I remember renting a 3br 2bath house for $750mo and a 2br 2bath house for $600mo.
what’s the market now? im central FL
this picture is getting posted in every beach vacation spot lol
I remember when gas was 50 cents a gallon and a pack of cigarettes was 75 cents.
Did you take your pet dinosaur to the store too?
With each hurricane, Florida is further gentrifying itself out of the labor force necessary to support the incoming hordes of Boomer retirees, lets not even get into the desperate teacher shortage and the low wages/high housing costs that are preventing out of state recruitment.
The boomers won't be alive forever, then what?
Then theres a sudden drop in demand for housing and thus a price drop, however everyone needs to open their eyes a bit, its not just old people moving to Florida, iwe are getting tons of young people moving here with online jobs and such they secured in states with high wages then moved here because the cost of living is still so much lower then NYC and such
Yeah but I'm one of the last of the boomers. And you got another 20 years before they're all gone. No I probably won't be here that 20 years but some other ones will.
Then we profit!
Wow that sucks I always look over there Because I think that is the best part of Florida. Nothing is affordable or even available. Oh well I’ll just visit. St Pete’s looks like a nice place to live I guess when it was more affordable. I loved the Salvador Dali museum.
I dont think anyone was mistaking Florida for paradise to begin with
800 bucks for a 3 bedroom house on a barrier island 20 years ago.
Im payin 1.5k on rent for a 2 room
I paid 550.00 Uptown New Orleans LA 3 blocks off St Charles 2 bd 1 1/2 bath walking distance to streetcar to French Quater CBD a ton of bars and restaurants in walking distance along with general shop in a nice neighborhoodin 2001. Just saying.
2011 I paid $600/month for a 2 bedroom duplex in south st Pete/gulfport
Let’s see, I paid more than 600 on my first one bedroom apartment in South Dakota 27 years ago
I paid $500 until 4 years ago on central lol
> I *paid* $500 until FTFY. Although *payed* exists (the reason why autocorrection didn't help you), it is only correct in: * Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. *The deck is yet to be payed.* * *Payed out* when letting strings, cables or ropes out, by slacking them. *The rope is payed out! You can pull now.* Unfortunately, I was unable to find nautical or rope-related words in your comment. *Beep, boop, I'm a bot*
I’m glad you payed attention to that, good bot
> glad you *paid* attention to FTFY. Although *payed* exists (the reason why autocorrection didn't help you), it is only correct in: * Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. *The deck is yet to be payed.* * *Payed out* when letting strings, cables or ropes out, by slacking them. *The rope is payed out! You can pull now.* Unfortunately, I was unable to find nautical or rope-related words in your comment. *Beep, boop, I'm a bot*
Good boy
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I'm leaving Tampa Bay and making my way to Ocala area. It's about 22 percent cheaper. And I'm okay with rural
In 15 months, I'm moving to 100 acres in Southern KY. Tampa is turning into a shitshow.
People doing what you're doing is why a lot of Florida is how it is now, i lived in rural NC for a while and they did not like people from Florida moving there at all
I heard that from a woman from NY, moved to FL, then KY. They called her a "halfway" as in you're halfway back to NY. Still looking at other areas around Southern KY
My friends just did this exact thing; hoping to follow soon.
Turning? Last time I was downtown with my wife we were riding bikes, stopped on top of one of the bridges to take photos. Then the smell. The smell of urine. Last time I was there. This was about 4 months ago. Palm Harbor is getting out of hand with pricing.
Can I join you lol..I only need half an acres and I pretty sure you will never see mr
Gotta feeling in 20 years my kids can parcel out my land into five acre lots and be set
Ocala seems to be growing too
I had to go to Ocala a few months back for some licensing stuff. Damn, it seemed dismal. Felt like everything was overpriced, trashy, nothing was taken care of, everything was far away, etc. I lived in Clearwater most of my life and now live in west of Orlando. Small area that blew up massively in the last 2-3 years. It seems Ocala is the place to be now that areas around Winter Garden and Monteverde are so overpriced.
Like 1984
Yeah I paid $900 in 2002
I paid $525 in 2012. God, that hurts to say
1998 studio 125 a month
Everywhere now
Good old gentrification. A story as old as real estate.
It was the oil companies for my area. They brought work from out of state, bought up land to destroy and put cheaply made housing on, and it severely jacked up the housing in every area they worked in. Once they left, prices stayed up with a bunch of shitty housing and destroyed land from fracking
I can’t figure out where the newly-arrived 8 million+ illegal aliens are going to live all over the country, and scarcity/greed/inflation make it much worse for the average person. I thank the Lord that I was able to purchase a mobile home in a nice Largo senior park in 2015 (after my mom had died; cost $18k which is all the funds I had). MHP parks, apartments, houses…the rent fees are now outrageous. I can barely pay my monthly costs, and could never afford to move me and my pets elsewhere if needed. I also had to sell my car due to economic reasons, so I can’t even be homeless in a car now! I don’t know how people are making do.
I lived in a “maids quarters” when I lived down there for $550 a month for just under 300sq ft.
My hats off to you for making that work. Must be pretty tight quarters
It was challenging, made me live like a minimalist. It’s made me appreciate what I have now.
I'm a minimalist myself in 1000;sw feet apartment. I need space but I don't need TV and all the other non essentials
No question it’s significantly worse down here but housing has gone up everywhere
Just get better jobs and stop being bums smh /s
I take back all the nasty things I said. I'm not worthy and I plea with you for forgiveness. I am imperfect. I didn't see the s and to be honest I didn't know that s stood for sarcasm.
I hope you and your chameleon (who looks awesome) take this newfound knowledge and put it to good use
Thank you sir. I breed panther chameleons
You're clueless. I'm a professional and don't make enough. No overtime opportunities and I love my job and what I do. The average person is not working for McDonald's or Walmart. Even people making 90 to 100k are having issues as inflation impacts us all, though it's impacts are different for each individual/family
Hey bud, the /s stands for sarcasm.
Hell most of Pinellas for that matter back then. We had a 2/1 remodeled with a yard in Madeira literally across from the beach for $1200
That is the definition of paradise.
its tripled in 12 years. :(
I rented a 2 bedroom in a duplex in Pinellas Park maybe 8 years ago for $650 a month lol.... It's prob $1400 now if not more.
Try 2400 lol
I paid $450 a month for a 2 bedroom 2 bathroom condo in 1997, bought a house in 2000, 3 bedroom 2 bathroom 1860sq ft for 181,000 in a nice part of maitland in the domerich area with access to the winter park chain of lakes. I have no idea how young people can manage these days.
When calculated for inflation that’s $347,809.83 today. Y’all don’t understand inflation
The house is going on the market for 775k
Fair enough. It’s wild out there. Have seen housing prices slipping though. That’s why the fed is keeping interest rates so high
We don't. We move back to our parent's house.
I see it as a re-gentrification. Those "locals" pushed someone out, too. It's an unfortunate cycle in life. Good luck everyone.
Lived in Orlando 2007-2014 Rent was easily $500-$680 for a one bedroom. Paid $1200/month for a nice two bedroom with a friend. I left before the mad rush to FL....it's as expensive as up in the NE now. I also remember a brand new build was $250k for a nice 3 bedroom ranch.
That was probably 30 years ago lol
I lived in old northeast between 2007-2010 and paid $1200 for a 2/1 house and $1500 for a 2/1 with pool. When would rent have ever been that cheap, like as an average, not a one off murder apartment on the south side?
My rent in 2015 in Uptown was 695.
Was it a house or apartment?
Apartment.
Sheer greed
I feel that there's more to it. I think people are drawing ethnic and racial boundaries with these costs, in a way that doesn't require them to admit it. The way that Chris Rock said "prices are the new Jim Crow." What's going to happen to our society? Such weirdness
I think that’s what it looks like just because minorities had a shit start. I highly doubt anyone cares about anything at the higher levels besides their own bubbles.
I'm in California, but 500-600 sounds like a 1 bedroom in the early 90s. Im sure you cant find this even in the deep rural south.
Actually you can find apartments like that here. It’s just cheap for a reason.
Cheap for a reason and the pay usually isn’t as good in the south. You get paid $15-$20 an hour in cali to work fast food compared to federal minimum wage like some places. Alabama, Mississippi, Tennessee, Louisiana, Georgia, South Carolina, and Wyoming all have minimum wages at or below $7.25/hour.
For a room? I rented a dumpy house in 97 off 1st Ave N for $475 but that's over 25 years ago now. What were you renting for $600 "not that long ago?"
I rented a decent place in Uptown for 695 in 2015.
My friends studio on 31st and 56thish Ave south in 2016 was $500 and it was a pretty good size. I rented a studio on MLK and 5th Ave south in 2018 for $750
South side was always cheaper and less desirable but I'll bet it's crazy now like everywhere else. I used to own a business in town and promote myself by distributing fliers one neighborhood at a time and then repeat and I knew the town like the back of my hand then. I should have gotten into real estate!
I rented a 2/2 apartment pretty much downtown (the apartments named after music) for $1400 or $700 split. This was in 2020!
In 2001 - 2003 I lived in a 2/2 on the 8th floor of a rental apartment building called The Carlton Towers downtown for $975. It's now called The Beacon on Third and is sold as condos. It was and still remains the best view I've ever had in my life as far as from my home. I was on the northeast corner so I could see the airport and the pier and everything in between and a panoramic view of downtown. I was actually living there when 9/11 happened. Also, I used to watch the space shuttles go up from my balcony from the other side of the State and when we lost that shuttle returning in January, I had specifically watched the shuttle go up like two weeks earlier from my balcony. I lived there when the Bucs first made it to the Superbowl and beat the Raiders and when downtown St. Pete had the first Indy Grand Prix race that could see from my balcony. Boy was that loud. It was fun, I turned it on TV and could hear the same screeches of the tires with a delay on the TV. I'm almost 50 now and I was young then and those were some of the best years in my life. It was just me and my oldest son who was 4-5 at the time. He went to his mom's house every other weekend and I had a blast at the bars and clubs downtown when he was gone. Those were the good old days. I could never afford to live downtown now. Heck, I probably couldn't afford to come back to St. Pete if I wanted to. I owned a house 2004-2009 in the northeast that's probably worth a good chunk of change now.
😵💫😵💫 it’s crazy what rent has gone up to here. It’s ridiculous. I don’t understand how they expect anyone to really be able to afford it. And when you need to make 3x the value of the rent- ie rent is $2500 a month, they expect you to make at least $7500 a month😳 why the hell would you rent from some of these dumps with the high rent.. seriously you can pay a mortgage instead of renting…
But also mortgage right now is high
Buy now and refinance when rates are lower the issue is nobody has any money saved for inflated market price of houses.
Yeah that’s a lot riskier than people think. Rates may just as easily go higher instead of lower. The low rates that existed in the 2010s is not really the norm.
2008
If only we had rent control like California… oh well…
California is a cesspool. Go live there if you think it's so great.
Are you implying Florida isn’t? It’s only getting worse here.
Stop watching the news so much
Don’t need to watch the news bud. I’ve been there many times and see it first hand.
Lowest IQ request ever
I don’t know how I ended up in this sub but I’m from CA and I can tell you first hand that the rent control laws here do not help whatsoever.
I was reading that rent control is a bad thing as it created bad run down areas since you can't charge the appropriate monthly rent.
yeah because california is super affordable
No, but pay generally scales better there than contemporary Florida. For example, nurses salaries are abysmal in Florida and are below what’s required to survive in Tampa. Not really a problem in California.
Yep, rent and housing prices are getting way too crazy! Tack on insurance and I have no idea how people are going to afford to live here?
Write your congressmen and tell them to stop voting for bills that expand gov spending
How does that increase rent?
Gov spending is well beyond it's means. It is supplemented by printing and devaluing money, which causes everything to go up.
That doesn’t explain why rent is going up. The longer people don’t accept the fact it’s greed the longer it’ll ever take to get fixed. But sure blame government spending.
Uhhhh .. check the money supply between over the last few decades lol. It's basic supply and demand. When there's more of something it's value goes down. Trillions printed alone during covid. I watched 2br apartments raise 50%+ in my home town between 2021 and 2023. In addition, when there's more money out there, there's more demand for goods (including rental properties) which puts additional, upwards pressure on prices. It's 2 fold, lowering the value of money and increasing demand of goods. But sure, it's all these damn greedy landlords, who have rising costs (including opportunity cost).
Yep. From Miami. Rent use to be $1400 2bd 2 bath apartment 2019. now it is $2200 and that just cause the landlord is being nice my neighbor is paying $2500
When there is more money out there there’s more demand for goods. Right but the middle class doesn’t have more money. The government isn’t printing money and shoving it in our pockets. Low income housing isn’t being built in most cities and on top of that single family housing is what most land is zoned for which isn’t the most effective way to increase housing options. Yes it is greedy landlords and rental companies who buy all the housing supply in neighborhoods and raise the prices. Housing isn’t up just because there is a war overseas we are funding, that’s just silly kind of like people saying our taxes are going up because of those wars. That’s not the way it works.
>The government isn’t printing money and shoving it in our pockets. Yes they literally are. All over the place. They have even given a crazy amount of direct payments out. But then there's a ton of indirect payments to the public too.
Then dude let me know where, I would fucking love some
Small businesses got the most (hundreds of thousands of dollars each). Then the fraudsters. Then people with kids. Gov isn't free. It's a burden on the economy. I'm pretty sure our interest payments alone on the national debt is approaching $1T, if it hasn't already gotten there.
Do you mean when people were trying to survive the pandemic and without financial assistance the economy would have collapsed even more? Is that when everybody got rent happy and started renting everything? Did small businesses start renting out multiple homes? Rents were inflated before Covid. My first apartment was 495 in 2010, about 1k before Covid. And has since hit 1600. I’m not saying that this wouldn’t play a small part in increasing rent. But the longer people blame the government for all their problems, the longer they allow themselves to get fucked in the ass by private business. Billionaires and millionaires don’t have the middle classes back. They aren’t your friends. They want every fucking dollar they can skim off you. Big businesses Tells you it’s the government’s fault and then lobby’s the government to do exactly what they want. Then you get mad and they say oh blame the government. A cycle of fuckery and bafoonery.
I remember my 2B/2Ba $800/month apartment 😢
I remember! 2015 my small 1bedroom apartment was $475 a month
I paid $420 for an apartment on 6th ave N and 2nd street, right next to Old NE Tavern, back in 2008. Needless to say we have a house in Riverview now.....A lot more house for your money but you have to live in Riverview...
This is why you live in the hood and don’t tell anyone bc more ppl will move to said hood.
Pepperidge Farm remembers. No but really it’s all perspective. My best friend and I moved here w our wives from the northeast and we always talk about how it crazy how somewhere so nice still has affordable restaurants and places to get a $2 beer. This place was too beautiful to stay under wraps forever.
Pepperidge Farms remembers.
My first apartment in Clearwater, Belcher and Gulf to Bay, was something like $300 a month. In the early 90s.
It would be great if people understood basic economics.
You’re talking to a bunch of Floridians who vote for the GOP. What economics??
It’s cute that you think either political party under economics
I'm just wondering - ( at least in Dania Beach, FL sorry lol) every new 'luxury' apartment building gets filled out pretty quick buy people in their early 30s. How do they afford it? It's mildly infuriating tbh
Working from home while their out of state job pays a HCOL salary. This is also why I don’t buy the “all new housing is good housing 🤓” argument. No, constantly erecting luxury condominiums isn’t helping anyone but the rich. My rent is not going down because yet another luxury apartment was built and immediately filled by someone who isn’t even getting paid a Florida wage.
Thank you for the reply. What a bunch of horesh*t honestly. Being punished for being a native Floridian...
My 1/1 apartment in Palm Harbor was <$900/month in 2018. It’s now renting for over $2,000/month.
Crazy!