Why are Rentals so HIGH????

[BlueBird]

I haven't read everyones response so I'm not sure if this has been mentioned yet.

In every military town I've lived in the rent seems to match BHA rates starting at about the E-5 paygrade and go up from there (for decent apartments and houses). BAH rates tend to increase every year and the landlords like to raise rent based on military BAH rates. The military is always chasing the rental costs with BAH rates, in reality the cost will never add up unless service menmbers buy a home and stay in it long enough for the BAH rates to exceed a mortgage payment.

I feel sorry for non miltary folks trying to rent in a military town because unless you want your young adult children living in bad neighborhoods they won't be able to afford to pay rent elsewhere.

Just my .02 cents.

BB

 

[backagain39]

Believe me, Farmville, VA is NOT Waldorf!!. More like Mayberry.

My son just graduated from Longwood, right in the heart of Farmville. There are only a couple restaurants and shopping is Wally World.

I'm not knocking the place, it is actually a very nice, quaint town. If your someone likes that style of living so be it.

Fantastic!!!!!! I love the small quiet towns.

 

[Poohhunny1605]

How are young people going to afford to live here when the rentals are so HIGH?

I live at home w/my mom, I pay her $400/month for rent, to pay basically for the utilities I use. I have a son now so the rent has been put off for awhile, which of course I have to pay back to her. Being a single mom(baby daddy said he would be there for me, when baby was born, he split, but I am waiting for my child support which should help ALOT.) Anyways, even w/child support and what I make, I know I couldn't afford to live on my own by any means. Considering the child support covers only day care ($185/week, which is cheap for an infant). I think if I had a room mate we may be able to make it living in this area, but trying to find something that is 3br/2ba or around that size is hard to come by when you can only afford about $600/month per person(thats including utilities).

What is nice though is that Verizon, Vonage, and those type companies have those package deals that you can get your phone, tv, and internet for like $50/month or something? I don't know..I know I couldn't do it right now!

 

[backagain39]

So when I come down to Dinwiddie for the NHRA race this year, I got a place to stay?......

 

[dn0121]

The sad part is that St. Marys, Calvert and Charles are just as bad..........and we used to be affordable.....

What is affordable? $800 a month would be considered affordable wouldn't it? I have a friend who is a single mom who pays $600 a month plus utils making $12/hr. They sacrifice a lot of what today's kids take for granted such as no cable, no eating out, no video games and so on. One thing though is she is very proud to be on her own and making it. She is also raising a bright kid who spends time reading and learning instead of boob tubing it.

Just seems if she can afford $600 a person can work 2 jobs and afford $800.

 

[Magnum]

I am renting a farmhouse in Charles county. 3 bed 2 bath full basement for 1150. I make good money and things still get tight for me sometimes. As someone else said sacrifice.... That is something I do not do well. I blow my money on things I want.... thats what happens when I don't have a woman behind me with the I can't wait to get out of MD, it's only a matter of time.

 

[theArtistFormerlyKnownAs]

I am renting a farmhouse in Charles county. 3 bed 2 bath full basement for 1150. I make good money and things still get tight for me sometimes. As someone else said sacrifice.... That is something I do not do well. I blow my money on things I want.... thats what happens when I don't have a woman behind me with the I can't wait to get out of MD, it's only a matter of time.

why do you have a 3 bed 2 bath if you're single

I see that you state you're not too great with money so I guess that could explain it

 

[Magnum]

why do you have a 3 bed 2 bath if you're single

I see that you state you're not too great with money so I guess that could explain it

No my cousin and I are renting it together.

By not great with money for example.. I had a 32" LCD tv well that was not good enough for the new house so I went looking at a 73". I wound up settling for a 58" Plasma. I have the PS3 and Xbox 360 with about 60 games total. At $60 each it adds up. Bought a Suburban to replace my old Suburban because I was tired of that one. I have a brand new company truck so I don't even need my own. I also have 3 other vehicles I never use. I always say you get what you pay for :shrug: so I never take the cheap route. Just spent $2,500 on a safe, couple thousand on some Misc toys. and I wonder where all my money goes
When I had a GF I didn't have time to go blow money like this.
I won't live forever so I live everyday like it's my last

 

[Gwydion]

I graduated from college the year before last. When I left college, I had about 400 dollars to my name. I got job and got a 1 bedroom apt at the Apartments of Wildewood. $300 deposit.

I have $100 to my name. Grocerys for the first month were about $40. I ate a lot of Tuna Fish.

By the time I got my first paycheck I had a total of $3 in my bank and a bucket of loose change. I did not buy anything that was not needed. I slept on the floor of my apartment in a sleeping bag. The next month, after utilities, payments, and rent were paid I had about $300 for food, gas, etc. I ate more tuna fish and rode my bike to and from work. I bought a bed MATTRESS.

By the end of that I had about $50 left over. I spent about 2 months of hell so I could get out on my own two feet. Too scared that buying a bottle of mustard would put me in the negative, so I just took packets from WaWa.

2 years later, I have over $20k saved up, $8k in my 401k, I bought a ####ty (but NEW) car because my old one broke down, and I am quite pleased.

Teach your kids that they don't NEED much to survive and get by. If they want to live extravagently and blow money on crap that they certainly don't need, then they can expect to be living at home with mommy and daddy for quite a long time.

 

[dn0121]

When I had a GF I didn't have time to go blow money like this.

Cuz your gf was blowing it for you, and like many girls probably only that. LOL

 

[Magnum]

Cuz your gf was blowing it for you, and like many girls probably only that. LOL

Yeah pretty much

 

[dn0121]

Yeah pretty much

LOL and girls say they won't suck! Ha they suck the money from your pockets dont they now!

 

[huntr1]

Have to have:
food
gas
car (note I did not say new. old and reliable, but ugly is good)
home
work acceptable clothing

Want to have:
tv
phone
cell phone
computer
internet
video games
Ipod
eating out
new clothes
nice clothes


Skip on the Wants for a bit and focus on the Have to haves and eventually you can slowly add some wants. Get a roommate (or 2, 3, 4). Shop at the thrift stores (I've seen lots of brand new clothes there). Buy your clothes at WalMart. Drive a 94 Civic instead of a 2007 anything. Drive a 4 cyl. economy car, not an SUV. Listen to free radio, not XM.

 

[theArtistFormerlyKnownAs]

Have to have:
food
gas
car (note I did not say new. old and reliable, but ugly is good)
home
work acceptable clothing

Want to have:
tv
phone
cell phone
computer
internet
video games
Ipod
eating out
new clothes
nice clothes


Skip on the Wants for a bit and focus on the Have to haves and eventually you can slowly add some wants. Get a roommate (or 2, 3, 4). Shop at the thrift stores (I've seen lots of brand new clothes there). Buy your clothes at WalMart. Drive a 94 Civic instead of a 2007 anything. Drive a 4 cyl. economy car, not an SUV. Listen to free radio, not XM.

NEVER!

unless it has at least a dual-turbo setup

(ok, MAYBE a nice supercharger would work... )

 

[ewashkow]

My point exactly, even a young married/live together couple couldn't do it without help..............

I'm a part of a young married couple and my husband and I are doing just fine. My husband is 25, I'm 23 and we bought our house 2 years ago. Yeah, there are times where after we pay our bills, we can't afford to eat out or go to the movies, but we are staying afloat. So while it can be a shock to go without the luxuries one becomes accustomed to at home, it can be done if it is really what you want.

 

[dn0121]

I'm a part of a young married couple and my husband and I are doing just fine. My husband is 25, I'm 23 and we bought our house 2 years ago. Yeah, there are times where after we pay our bills, we can't afford to eat out or go to the movies, but we are staying afloat. So while it can be a shock to go without the luxuries one becomes accustomed to at home, it can be done if it is really what you want.

That is great to hear, it shows it can be done.

 

[vegmom]

Have to have:


Want to have:
tv
phone
cell phone
computer
internetvideo games
Ipod
eating out
new clothes
nice clothes

TVs and phones have been necessities for almost 50 years now. Its the level that matters. Basic phone service and a small tv with rabbit ears or unlimited everything and digital cable? I have the first two and feel no compulsion to upgrade other than the converter box I'll need this time next year.

Cell phones are pretty much necessary for many folks these days too but still, it's the level you use that matters. My un-fancy prepaid ran me $80 a year to keep active. I just didn't use it enough to use more than the minimum amount of airtime. Now I piggyback on a relatives "add a line" plan so I can get the free night and weekend calls.

Computer- doesn't have to be newest or fastest. I keep mine until they are totally obsolete or die. Internet- dial up for $10 or less a month. Sell enough stuff on eBay and they can pay for themselves.

I have an iPod, but it was bought used off eBay for a fraction of a new one. Replaced the battery myself rather than pay $$$ to mail it off to Apple.

And I <3 Thrift Stores! I can get my daughter 4 pairs of like new Levis for the cost of 1 pair of el cheapo Wal Mart jeans. And I find stuff to resell on eBay too.

 

[Floyd2004]

NEVER!

unless it has at least a dual-turbo setup

(ok, MAYBE a nice supercharger would work... )

Poor kid... Never been in a fast 4cyl before... pitty really.

 

[theArtistFormerlyKnownAs]

Poor kid... Never been in a fast 4cyl before... pitty really.

I'll take v8 muscle over 4cyl any day

In all seriousness though..it was a joke . There are quite a few cars that are 4cyl and still make at least 250 whp :shrug:

I wouldn't mind a nice new WRX (I really do hate those gold rims and massive wings on the Stis though ) for example

 

[backagain39]

I'm a part of a young married couple and my husband and I are doing just fine. My husband is 25, I'm 23 and we bought our house 2 years ago. Yeah, there are times where after we pay our bills, we can't afford to eat out or go to the movies, but we are staying afloat. So while it can be a shock to go without the luxuries one becomes accustomed to at home, it can be done if it is really what you want.

I am not trying to be a smarty pants here....... That is great and I am sure that you both have good jobs!!!

Pray that your property taxes don't go up again!!!!

We don't eat out either or take vacations or go to the movies or or or.........we actually don't do anything.....