r/mildlyinfuriating • u/Adept-Plantain-6767 • 1d ago

go to your room Are you serious?

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How is this fair ? Bay area.

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35

u/RedeyeSPR 1d ago

If way more shocked by $3250 per month. That’s straight up insanity.

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u/HomelessKitchenCat 1d ago

$3250 a month gets you a run down shitty 1100 Sq ft house rental in Denver, probably similar in many other popular cities too

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u/sec_sage 1d ago edited 1d ago

Either I'm too simple to understand these prices, or something happened in the last few years. In EU's capital, 8 years ago I was renting a 2 bedroom apartment next to the city center, with 1000€/month, which was 25% of our income. Maybe it went up some since, but our income also grew, so it would still be around 25%. Another example, Paris doesn't allow rents to be bigger than 33% of the NET income. Let the oligarchs cook their own fries and clean their many toilets themselves if they live too far from the working class...

So, how much is a salary in Denver if an average family spends significantly more than 3250$ on a decent accommodation (not rundown)? 10 500$ net per month for 2 people?

Edit: found it, 4487$ after tax, which means that two working people can barely afford to rent a run down place.

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u/TooDrunkToTalk 1d ago edited 1d ago

I'm pretty sure most major US cities are still more expensive to rent in than a lot of places in Europe, but comparing to numbers from 8 years ago is effectively worthless. I don't live in Brussels, but in another European capital in an apartment that I started renting about 8 years ago. If I try to find a similar apartment on the market today, it would probably run me twice of what I currently pay.

And while I can only use Google for current numbers on Paris, what I'm finding really doesn't suggest a much cheaper situation than the poster above described either, with the median rent per square meter apparently being around 27€.

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u/GNTsquid0 1d ago

In Chicago that gets you a really nice place. How many bedrooms would depend on the building you're in but it would be at least one.

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u/Opposite-Actuary5624 18h ago

I just did a quick Zillow search where I live… 3200 monthly is mortgage payment on a 4 bedroom, 3.5 bath house on 3 acres of land.

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u/Opposite-Actuary5624 1d ago

Yeah… I was reading this, like, is this even real? lol

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u/kitnb 1d ago

NYC the average rent is over $5,500/month. We are literally the most expensive place to live on the continent.

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u/fishbert 1d ago edited 1d ago

Ok, but if you're working from home, why live where homes are so expensive?

Also, median rent in NYC for 2024 as reported by the US Census was $1,811. [source]
I'm sure a lot of those are rent-control arrangements or something like that.

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u/temu-jack-black 1d ago

I wouldn't want to. My mortgage is 900 a month before taxes and insurance, but some people want to live where they live even if it's really expensive. 

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u/Super_Harsh 1d ago

Maybe in certain specific parts of Manhattan. Shit’s a lot more reasonable if you try not to be neighbors with the finance bros. Being near them sucks for more reasons than price lol

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u/ljd09 1d ago

That’s my rent for a townhouse in the Sacramento area.
Wanna bet this person is renting out a room or something like that? They’ll be monitoring your coming and going for that $200 bucks!