Submitted by brooklynlad t3_zoks6o in nyc
No-Cap7157 t1_j0pro4p wrote
I know that’s around when I renewed my lease, and price of my rent went up. It seems like everyone in the city has had a decent jump in there rent. Maybe this year it forced a lot of people onto the streets? Like a nail in the coffin.
Grass8989 t1_j0q124u wrote
Do you actually think that the people living on the streets were paying 3k a month for an apartment a few months ago, but when they went to renew their lease the increase was too much so they’re homeless on the street?
BxGyrl416 t1_j0q1z9e wrote
No. But it’s $1,500-1,900 now for a 1-bedroom shitty apartment in a shitty building in a shitty area of the South Bronx or East New York. How do people expect somebody making minimum wage to keep up with this rising rent when it costs nearly twice that much income to afford it?
[deleted] t1_j0q88c6 wrote
[removed]
surpdawg t1_j0qo6iq wrote
Do you think that that doesn’t happen? Maybe they weren’t paying 3k, maybe they were living there for along enough time that they were paying an amount that they could afford. Maybe the landlord got greedy and sold the building or raised the rent to meet market rate, and they could no longer afford the rent.
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