[maxmamis]

hmmm, i live in a similarly sized building with a live-in super. he's not the one receiving a third of my monthly income. where is the rest going?

[JumpCrisscross]

> where is the rest going?

Have you owned a normal-sized house? Repairs, insurance, inspections, et cetera. Also staging, advertising, pursuing delinquencies.

Rental yields in most cities are in the low single digits. Where that isn’t true, it’s because local politicians protect the landlords by restricting development, often in cahoots with grandfathered-in renters.

[maxmamis]

> Repairs, insurance, inspections, et cetera

rents in the city where I live are up 11% in the past year. did the cost of repairs and inspections increase by that much?

> Also staging, advertising, pursuing delinquencies

ah, so I'm paying for my landlord to increase their rate of return and put my fellow tenants on the street. got it.

[rascul]

> rents in the city where I live are up 11% in the past year. did the cost of repairs and inspections increase by that much?

I'm charging about 20% more than I did this time last year for repairs. Material, tool, and fuel prices have been going up, and those affect me greatly. I'll probably go up more soon. I have so much work lined up that it'll be 2023 before I can get to you if you talk to me today. And it's near impossible for me to find any helpers right now.

[pandaman]

>rents in the city where I live are up 11% in the past year. did the cost of repairs and inspections increase by that much?

It increased much more, even the official inflation is 7% over 2021.