siamesecat1935 t1_j8n0qgw wrote
Reply to comment by AhoyGoFuckYourself in What can I do about exorbitant rent increase? I know all municipalities have their own laws regarding rent increase, but who do I contact? by AhoyGoFuckYourself
I feel your pain. I live in Morris County, the western part so not as pricy as Morristown, Chatham, etc. My rent went from 1510 to 1665. Which I thought was a lot, but i just looked at the complex website. Which only shows rents if they have units available. My complex is old; built in the late 60's, so very dated. They have been updating units, and were charging about $200 more for those. Not upgrades, but updates.
Anyway, i just saw that my size apartment, starts at $1895, and another w as $100 more, so I'm assuming that's an updated unit. Between that and my recent car payment, I'm paying $400 a month more than I was a few months ago. And like you I can afford it, but not much left over. I also thought about looking elsewhere but rents are comparable, and my complex is actually very good. Between maintenance, snow removal, keeping the grounds nice, and great office staff, i know what I have, and if I moved, i might be able to save a bit, but it may be a shithole.
AhoyGoFuckYourself OP t1_j8na1eo wrote
Yeah, same boat. I just wish I could save to buy a house. This situation leaves me feeling financially insecure.
siamesecat1935 t1_j8ndrie wrote
I totally get it. Although I am close to retirement, and have always rented. When I was younger, I never made enough to buy, as well as made some bad financial decisions. Now that I can maybe afford to, prices are so high its not happening. I just am grateful that I can still pay my rent and other bills. I know others who are really struggling.
ThatEcologist t1_j8ob2gt wrote
I’m almost thinking of skipping the renting part and just sucking it up and living with my parents for a bit longer, to save for a down payment.
AhoyGoFuckYourself OP t1_j8olgrp wrote
I know so many young adults (late 20s even early 30s) living with their parents in Bergen county. I grew up in ocean county and it always seemed like it was frowned upon. But up here it’s really difficult to survive without first living with your parents and saving
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