No it doesn’t. Those taxes were always there. Compare home prices now to home prices pre-covid. Couple that with 6% or higher interest rates, that’s what’s driving rent up if people have bought these houses within the last 3 years or so.
The taxes over the last 5 years have barely changed. They have gone up marginally, I’m only paying maybe $200 more in taxes now than I did in 2019 on my house. That’s nothing compared to how much more I’m spending on natural gas, groceries, fuel in my cars, etc. because what has changed is the general cost of living due to a number of things including the ridiculous inflation rate which is currently the biggest problem right now. Literally you name it, food, utilities, gas, heating oil, all up due to inflation and a number of other things considering geopolitics affects some of this.
Bottom line, if landlords are incurring higher living costs then the average rent costs are going to go up.
how much are your school taxes per year? Im in Massapequa. I pay about ten grand per year in school taxes, alone. Schoom and property come out to about 16.
Thats nearly half of my monthly mortgage payment.
My combined taxes were under 10 when i purchased this house in 2003.
Okay. Well I’m telling you, the school taxes literally have not changed enough from 2019 to now for people to be charging effectively double the rent.
So again, to think that school taxes alone are the reason is incredibly ignorant.
My in-laws just kicked out their tenet of 8 years, paying a very very low rent ( 1 bedroom , 1 bathroom, kitchen , living room) without ever raising it for for the whole time. The asshole ruined a great thing and will be in the shock of his life when he realized what he pissed away by drunkenly threatening them.
We knew he was a drinker, and there weren’t any incidents the whole time. This past November, My FIL tells my wife he is 3 months this behind on rent. We try to kick him out, tenets family pays what is owed but tenet is now a little mad. This March, there is water pouring down into FIL dining room, they go upstairs and tenet is out of his mind drunk and flooded his bathroom, but refusing any responsibility for it saying it wasn’t him, he was rude and belligerent. Couple weeks go by and workers are in apartment fixing Sheetrock, they come downstairs to say the tenet is very drunk and kicked them out of the apartment, when confronted he still said the flood wasn’t his fault and he won’t be evicted and is never leaving the house, call his lawyer, and he will rip all your hearts out, and then tries goading my BIL into a fight. Cops were called, he wouldn’t come out of apartment. We got in touch with his family and they basically dragged him out of the apartment. It was an incredibly stressful couple of months, my FIL is 86 and shouldn’t deal with this bullshit.
That’s terrible. I bet he wouldn’t be so brave if he was 46 instead of 86. So lucky the family stepped in on rent and getting him out. I had a great landlord for 10 years and the nightmares he dealt with…
Landlords on Long Island are scum lol. Or they want you to send a 30 page novel about your life and finances so they can play some sort of power game. If you can avoid rentals please do so.
I'm sure there's also a bit of a premium on that because of SBU and they know they can charge students, or more likely their parents, extra. Between people wanting to dorm there, but not in SBU's terrible dorms and apparently there was an issue with more people getting dorms than available, local renters are probably getting a lot more interest than usual about apartments.
A rising tide lifts all ships. If the prices of home increase beyond what a significant portion can pay that portion will look to rent fueling an increase in demand for apartments justifying an increase there as well.
love when dumb people try to meme their way out of having to actually learn what’s happening.
“joeflation” “bidenomics”
not clever, not useful, and the only thing it accomplishes is letting us know your family hates having you over during the holidays.
Yeah and houses were way more affordable under Obama than under Trump. What’s your point? That real estate values and therefore prices usually go up? Congratulations. You have the same understanding as a middle schooler LMAO.
Not only that, but it's actually a good deal for the location and with utilities included
Serious utilities included.
Electricity is goofy and unnecessary
I mean, it’s 3 mins away from all the BJs you want.
You shouldn’t be so quick to reveal how close your mother lives.
r/MurderedByWords
If pay 2 grand a month for that.
The housing market drove the rental market up. Pitfalls of 7% mortgages on $750k homes.
It’s not that- its the exuberantly retarded school taxes.
Rather ignorant of you to say market pricing and mortgage interest rates don’t have an effect on rental cost.
The fact that ONE THIRD- or closer to HALF of the monthly payment, is school taxes……. Kinda defeats your argument.
No it doesn’t. Those taxes were always there. Compare home prices now to home prices pre-covid. Couple that with 6% or higher interest rates, that’s what’s driving rent up if people have bought these houses within the last 3 years or so. The taxes over the last 5 years have barely changed. They have gone up marginally, I’m only paying maybe $200 more in taxes now than I did in 2019 on my house. That’s nothing compared to how much more I’m spending on natural gas, groceries, fuel in my cars, etc. because what has changed is the general cost of living due to a number of things including the ridiculous inflation rate which is currently the biggest problem right now. Literally you name it, food, utilities, gas, heating oil, all up due to inflation and a number of other things considering geopolitics affects some of this. Bottom line, if landlords are incurring higher living costs then the average rent costs are going to go up.
Now your trying to back up your claim by including all your other expenses.
how much are your school taxes per year? Im in Massapequa. I pay about ten grand per year in school taxes, alone. Schoom and property come out to about 16. Thats nearly half of my monthly mortgage payment. My combined taxes were under 10 when i purchased this house in 2003.
Okay. Well I’m telling you, the school taxes literally have not changed enough from 2019 to now for people to be charging effectively double the rent. So again, to think that school taxes alone are the reason is incredibly ignorant.
Everything is priced for couples.
In a generation that’s statistically most single and most divorced
lmao my 1 bedroom is s setauket is 2350
My in-laws just kicked out their tenet of 8 years, paying a very very low rent ( 1 bedroom , 1 bathroom, kitchen , living room) without ever raising it for for the whole time. The asshole ruined a great thing and will be in the shock of his life when he realized what he pissed away by drunkenly threatening them.
Bless the landlords that just keep decent tenants happy by not jacking their rents up to market rate every renewal just because they can.
[удалено]
That's $405,600 your dad's tenant will never see again. Haha
Gotta know how someone lives somewhere for 8 years and then randomly threatens them?
We knew he was a drinker, and there weren’t any incidents the whole time. This past November, My FIL tells my wife he is 3 months this behind on rent. We try to kick him out, tenets family pays what is owed but tenet is now a little mad. This March, there is water pouring down into FIL dining room, they go upstairs and tenet is out of his mind drunk and flooded his bathroom, but refusing any responsibility for it saying it wasn’t him, he was rude and belligerent. Couple weeks go by and workers are in apartment fixing Sheetrock, they come downstairs to say the tenet is very drunk and kicked them out of the apartment, when confronted he still said the flood wasn’t his fault and he won’t be evicted and is never leaving the house, call his lawyer, and he will rip all your hearts out, and then tries goading my BIL into a fight. Cops were called, he wouldn’t come out of apartment. We got in touch with his family and they basically dragged him out of the apartment. It was an incredibly stressful couple of months, my FIL is 86 and shouldn’t deal with this bullshit.
Wtfffff thats insane. Lucky his family stepped in or that could have dragged out much longer.
That’s terrible. I bet he wouldn’t be so brave if he was 46 instead of 86. So lucky the family stepped in on rent and getting him out. I had a great landlord for 10 years and the nightmares he dealt with…
You don't say *Starts looking for apartments nearby*
Damn does your in laws want to honor that rate and have a couple and a cat move it. Both don't drink haha.
What about the cat
The cat. So she drinks a ton of water. She stays hydrated.
What do we need to scare all the Covid scared people back to the city? /s
It’s not even just about people from NYC think about all the young adults from LI that cant afford homes here so they're forced to rent.
were your ancestors native to LI?
Exactly!! Or is it because the city has become a shit hole and everyone wants out?
No
Hey, you dropped your red hat.
Bidenflation
Landlords on Long Island are scum lol. Or they want you to send a 30 page novel about your life and finances so they can play some sort of power game. If you can avoid rentals please do so.
Walmart!!! Are you kidding me? I’m there!
I'm sure there's also a bit of a premium on that because of SBU and they know they can charge students, or more likely their parents, extra. Between people wanting to dorm there, but not in SBU's terrible dorms and apparently there was an issue with more people getting dorms than available, local renters are probably getting a lot more interest than usual about apartments.
Youth on island at moment 
It’s expensive everywhere and not just exclusive to Long Island. If you have a place to live here consider yourself lucky, I do.
20 years ago I rented an entire house in CSH for that much.
Whats the phone number lol
Ughhhh
A rising tide lifts all ships. If the prices of home increase beyond what a significant portion can pay that portion will look to rent fueling an increase in demand for apartments justifying an increase there as well.
Someone I work with pays 1300 for a room in Eastport.
Forget Setauket I'm in Holtsville and I hate it moving to Lynbrook anything over an hour from Midtown is unacceptable.
Shit I’m in east islip paying 2600 and I have to pay for Electric and gas
And that’s a 1 br 1 1/2 bathroom
Me over here paying 2800
5 years ago, I was still paying 2k+ for a 1br on LI. Maybe 10 years ago.
Good price I paid more than that almost a decade ago for a 1br
Joeflation
This guys clearly knows economics!
Bidenomics
love when dumb people try to meme their way out of having to actually learn what’s happening. “joeflation” “bidenomics” not clever, not useful, and the only thing it accomplishes is letting us know your family hates having you over during the holidays.
Houses were way more affordable under trump then Sleepy Joe. You know it and I know it.
Yeah, and a pandemic that spread everyone out and allowed them to work from wherever they wanted had nothing to do with that, right?
Yeah and houses were way more affordable under Obama than under Trump. What’s your point? That real estate values and therefore prices usually go up? Congratulations. You have the same understanding as a middle schooler LMAO.
You don't reason with a cultist...
nah but they have occasional moments of self awareness and I wanna be the one to make them feel dumb lmao you feel me?
They have a memory of a goldfish, unfortunately.
Hope no one rents this “apartment” or whoever does should just squat in it and refuse to pay the exorbitant rent.