I live in Florida too and see this all over my city. Tons of houses have been haphazardly carved up to make into apartments. It’s a double-edged sword because I want everyone to have a roof over their heads, but they are charging ridiculous rates that folks can’t afford anyway.
Oh yeah. I fled the state after my rent went from $1,500 to $2,700 a few years ago, with no work having been put into the shithole that I had to syphon dirty water from the air conditioner by hand to keep it from overflowing.
I can’t even imagine the convoluted thoughts that lead to thinking these places are fair to be priced like that. But you get your loan evaluation on your properties based on how much you charge for rent so suddenly it makes a lot more sense.
I live in Florida too and see this all over my city. Tons of houses have been haphazardly carved up to make into apartments. It’s a double-edged sword because I want everyone to have a roof over their heads, but they are charging ridiculous rates that folks can’t afford anyway.
Oh yeah. I fled the state after my rent went from $1,500 to $2,700 a few years ago, with no work having been put into the shithole that I had to syphon dirty water from the air conditioner by hand to keep it from overflowing.
I can’t even imagine the convoluted thoughts that lead to thinking these places are fair to be priced like that. But you get your loan evaluation on your properties based on how much you charge for rent so suddenly it makes a lot more sense.