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Nothing says luxury like sitting on my 3'x3' balcony staring at the dumpsters, chain link fence, and neighboring apartment complex dumpsters. The sounds of air conditioners drowning out the swarm of trash eating seagulls. Yup that's the smell of summer right there.
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Mar 12, 2024 18:52
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Pittsburgh Fentanyl Cloud posted:Behold, a pittsburgh toilet in the wild It's in the corner and there is a wall on three sides that's no Pittsburgh toilet.
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Mar 12, 2024 18:56
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That's the kind of poor insight on the real Pittsburgh experience that I'd expect from someone that lives in the suburbs though.
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Mar 12, 2024 18:57
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Thoguh posted:It's in the corner and there is a wall on three sides that's no Pittsburgh toilet. The wall was built after the fact, I'd imagine
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Mar 12, 2024 18:59
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Every bathroom should be a big open space covered completely in tile and with a drain directly in the middle. In the pursuit of luxury we have sacrificed so much.
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Mar 12, 2024 19:03
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Pittsburgh Fentanyl Cloud posted:Behold, a pittsburgh toilet in the wild enough with the selfies already!
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Mar 12, 2024 19:29
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Pittsburgh Fentanyl Cloud posted:The wall was built after the fact, I'd imagine So it was changed into something else and is no longer what it was, a qualitative poo poo
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Mar 13, 2024 06:13
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What if we did reverse mortgages, but worse
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Mar 13, 2024 14:22
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So basically sell your property to us for the honor of becoming our easily abused renter. Fantastic  good healthy country
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Mar 13, 2024 14:26
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Dr. VooDoo posted:So basically sell your property to us for the honor of becoming our easily abused renter. Fantastic They also mostly operate in depressed midwestern markets, which sort of gives away their game
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Mar 13, 2024 14:36
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I believe these target older people who are desperate for retirement money but not ready to sell off their paid off house
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Mar 13, 2024 14:40
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Joke's on them, once this company owns the house they squeeze the former owner with rent increases until they can't afford it anymore
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Mar 13, 2024 14:54
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we buy your house and in return you give all of the money you make selling it to us back to us in the form of rent this scam can't possibly work right
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Mar 13, 2024 14:54
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spacemang_spliff posted:we buy your house and in return you give all of the money you make selling it to us back to us in the form of rent It's the same as 30% APR buy here pay here lots, they're targeting people who know they're getting hosed but have no other options
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Mar 13, 2024 14:56
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Oh yeah they absolutely get squeezed but the sales pitch is pretty appealing for say a 70 or so year old couple that’s looking at working until they die instead of having a retirement and they have this paid off house but don’t want to move yet And anyway the value of the house is just going towards their end of life care or to their kids after they die It’s a bad situation and scummy as gently caress but you can see why people fall for it
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Mar 13, 2024 14:57
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it seems to be the same cash for house ads that are all over poor and transitioning neighborhoods
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Mar 13, 2024 15:00
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bring Mao back
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Mar 13, 2024 15:01
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spacemang_spliff posted:bring Mao back
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Mar 13, 2024 15:06
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drat how come the houses I like cost like 750k. is this what all of humanity through all of time has meant by life is unfair
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Mar 13, 2024 23:16
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Salt Fish posted:This is the letter I got last year. 2478 was my rent at the time. What is going on with these rates? Did they just use a random number generator? The original rate is $2,478. A 12 month term is $3,539, a 3 month term is $3,118 and a 4 month term is $2,954, both cheaper than the 12 month term. But a 2 month is $6,392 and a 5 month is $5,995. If you needed to stay 2 months, you could do a month-to-month for $8,856 total, 2 month term for $12,784, or a 3 month term for $9,354 total. It looks like your best deal is to just keep renewing 4 month terms.
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Mar 19, 2024 16:27
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the best deal is 9 months for $5000 which is only $555 a month edit they put the 12 month at the top that is the best deal. it’s like $250 a month
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Mar 19, 2024 16:36
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jjack229 posted:What is going on with these rates? Did they just use a random number generator? In 4 months the numbers will be completely different. They are trying to have rental units come available at high-demand times and avoid rental units coming available during low-demand times. You can sidestep the whole system by choosing a long-ish term with a low-ish rate and then just paying to break the lease early, I got one of those when I knew I was moving out soon and it was dramatically cheaper to sign a 14-month lease and then break it 4 months in than it was to sign a 4 month lease, month to month, or 3 months +1 or something.
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Mar 19, 2024 16:36
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jjack229 posted:What is going on with these rates? Did they just use a random number generator? Someone is doing their first data science project.
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Mar 19, 2024 16:37
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jjack229 posted:What is going on with these rates? Did they just use a random number generator? In 4 months all the terms would be higher. most of the rental companies here use that system. more people move at certain times of the year, an example is generally folks want to be into apartments before the school year starts. the system for the first year let’s one stay at the introductory rate. if you originally signed for $2,478 for eight months it’ll will let you resign for four (or just near lol )that rate. in four months the four month renewal will not be the same it’ll be a much higher rate, all the options will be very high. there isn’t any predicting what the various rates will be other than higher. even if they are advertising empty apartments at a lower rate all the rates will be 10% to 300% or more higher. the only way to have the originally/ advertised rates is to move every single year. my wife and I think that system is why this happened: https://www.king5.com/article/news/local/womans-body-found-north-bend-freezer/281-e6a0b644-1bcd-45ab-a274-e99f3fd59ce6 they found them when they went to evict.
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Mar 19, 2024 16:41
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Twerk from Home posted:In 4 months the numbers will be completely different. it's this, OP. it's Revenue Management for the apartment industry, copying the airline industry and the hotel industry (I did this for 12 years in my corporate job). in four months from that letter is when students are moving en masse around the country, so there's a wide uptick and they, or rather the computer collusion system, wants you the gently caress out so they can secure a high increase with a new 10-12 month lease. the system increases the rate if your timeline transgresses that boundary to account for the risk of you leaving a unit un-rented if they miss that window. in eight months from that letter is the new year when, again, students are shopping and also many people structure vacations and moving dates to coincide with the holidays / changing jobs etc so they want you the gently caress out. same process applies. Combine with Number Go Up it's just a bunch of optimization problems making sure they get the most goddamn blood out of their lil fiefdom of stones. ... also yeah the convenient phrasing makes it seem like you're paying like less than $500 a month even though it's implied it's a monthly rate.
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Mar 19, 2024 16:43
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it’s literally the phrasing. there is nothing in there saying it’s the monthly price. it says it’s the term price
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Mar 19, 2024 16:45
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euphronius posted:the best deal is 9 months for $5000 which is only $555 a month those are the per monthly rates euphronius, not the term rates. and these are places where things like: toddler fell out the unsafe third story window and died happens.
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Mar 19, 2024 16:47
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Bar Ran Dun posted:those are the per monthly rates euphronius, not the term rates. are there other pages to the offer which say that ?
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Mar 19, 2024 16:49
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euphronius posted:are there other pages to the offer which say that ? OP said their rent was 2478, which implies monthly. The part of the letter we can see states 2478, so we can also imply that the other numbers in the letter are monthly.
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Mar 19, 2024 16:51
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if you're out there doing pro bono tenant litigation on contingency then OK euph you're right
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Mar 19, 2024 16:52
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Gunshow Poophole posted:it's this, OP. it's Revenue Management for the apartment industry, copying the airline industry and the hotel industry (I did this for 12 years in my corporate job). it’s also all the corporate apartments here. all of them use this same system. the system itself is also causing the churn it’s designed to exploit, by forcing a move after a year. airlines and hotels have competition. they aren’t all using the same system. so think your job but with monopoly power, and airlines and hotels let prices drop too. these rates are never ever lower. what’s presented is at best the same(if your term was less than a year and renewal is for within that year (so like six months then another six)), and after that only higher.
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Mar 19, 2024 16:57
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euphronius posted:the best deal is 9 months for $5000 which is only $555 a month good luck with that.
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Mar 19, 2024 16:58
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I would 100% win that case
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Mar 19, 2024 16:59
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euphronius posted:I would 100% win that case lol remember what happened the last time a goon went up against a landlord in court
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Mar 19, 2024 17:05
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Nothus posted:lol remember what happened the last time a goon went up against a landlord in court No but I’d like to read about it if you don’t mind
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Mar 19, 2024 17:09
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Beached Whale posted:What if we did reverse mortgages, but worse In this situation how do they determine the sell price of the house? Do they at least meet the value based on the tax assessment? I'm assuming they do not pay market rates.
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Mar 19, 2024 17:10
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tbf I'm a goon up against a landlord in court we filed in January 2018, got class cert and a quick summary judgment in May 2021, for the most obvious violations on a huge scale. the landlord's lawyer fled the country with a sizeable chunk of escrow funds and having retained new counsel with the delays that granted him then appealed and we were sent back to the lower court on a semantic technicality in early 2023 it won't work. the law protects/binds etc it's for the rich
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Mar 19, 2024 17:17
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there has always been people offering quick cash for houses in poorer and redlined neighborhoods that takes advantage of desperate people that appears to be the same thing. and then they just rent it back to you edit fixed typos 💩 euphronius has issued a correction as of 17:26 on Mar 19, 2024 |
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Mar 19, 2024 17:18
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euphronius posted:there has always been people offering quick cash for houses in pooper and redlined neighborhoods that takes advantage of desperate people feeling better about my neighborhood now that I know other people are living in a pooper
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Mar 19, 2024 17:23
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HashtagGirlboss posted:No but I’d like to read about it if you don’t mind Forums poster Flapyojacks posted in the doomsday econ thread about meticulously documenting all the ways their landlord was making poo poo up to screw them out of their security deposit and more for "cleaning" and was confident the court would agree with them once they presented their evidence. The judge summarily ruled for the landlord, case closed.
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Mar 19, 2024 17:25
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