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My rent doubled in less than a decade
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this post was submitted on 31 Aug 2024
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I will acknowledge that shit went crazy after covid too. My rent went up 22% in two years, and house prices were going up hundreds of thousands of dollars within a year.
Yeah that's true. I was lucky enough to have gotten a mortgage right before covid so I haven't personal experience on rent hikes as a result, I recognize.
It finally pushed us to get serious about buying, and we bought a home at the end of last year. We were feeling like we'd never be able to afford a house, but we made it happen! We had to move an hour outside of the city, but we still made it happen.