I’ve seen basement closets for $700+/month that didn’t have windows or a kitchen.
Huh. Fun fact, the International Building Code is a “model code” that’s adopted as the basis for building code by most jurisdictions in the USA. Meaning if you’re in the USA it’s more likely-than-not code where you live.
This is a disturbingly common code violation by people trying to rent out their basement. It would be a real shame if someone were to read up on their local code and report suspected illegal basement conversions to local code enforcement or the fire inspector.
I once paid $600 for a single room in someone else’s house. This shit really is getting out of control.
Now I’m at $1340 for a garage… As the other person said, we’re literally paying their mortgage, but can’t afford our own… Thanks COVID! Not only did it kill tons of people, it killed the housing market too.
Yeah. I didn’t realize it was a good time to buy, I just bought when the timing was right for me. I have no idea how or if other people will get this kind of opportunity for home ownership again. Here’s to keeping up the house and property to give to my kids as inheritance. Cheers!
That’s the cost of my mortgage, and I have a 6 bedroom house.
How is Wyoming this time of year?
It looks like the homeowner is trying to get a renter to pay theirs.
Depending on where it’s located, this could be considered a bargain. I’ve seen basement closets for $700+/month that didn’t have windows or a kitchen.
EDIT: I should add that this wasn’t in a large city. https://www.zillow.com/homedetails/1042-Winthrop-St-BASEMENT-Brooklyn-NY-11212/2061307902_zpid/ is an example of $1,200/month in NYC.
Huh. Fun fact, the International Building Code is a “model code” that’s adopted as the basis for building code by most jurisdictions in the USA. Meaning if you’re in the USA it’s more likely-than-not code where you live.
Another fun fact: there are egress requirements for basement that contain “sleeping rooms” (R310.1). Essentially, you need a minimum 1 normal means of egress and 1 emergency escape and rescue opening unless the building is equipped with an automatic sprinkler system – and your local code might have even stricter requirements.
This is a disturbingly common code violation by people trying to rent out their basement. It would be a real shame if someone were to read up on their local code and report suspected illegal basement conversions to local code enforcement or the fire inspector.
I’m sure it wasn’t up to code, but in a dense student population with high rent costs, I’m sure a student would rent it and disregard the violations.
I once paid $600 for a single room in someone else’s house. This shit really is getting out of control.
Now I’m at $1340 for a garage… As the other person said, we’re literally paying their mortgage, but can’t afford our own… Thanks COVID! Not only did it kill tons of people, it killed the housing market too.
COVID didn’t do shit. Greedy landlords and conglomerates killed the housing market.
And they’re over the moon that you’re blaming COVID for it and not them.
Damn.
I pay almost $2000 a month for a 600-square foot one-bedroom apartment.
Wish I’d bought a house ten years ago.
The best time to buy a house was 10 years ago. The second best time is never, because corporations own them all now.
I bought mine about 12 years ago, which was a very good time to buy a house. I wouldn’t be able to afford my own house if I had to buy it today.
5 bedrooms here. I pay $200 less. Buying at the right time lottery.
Yeah. I didn’t realize it was a good time to buy, I just bought when the timing was right for me. I have no idea how or if other people will get this kind of opportunity for home ownership again. Here’s to keeping up the house and property to give to my kids as inheritance. Cheers!
Good luck with that if you have any medical issues. Medicare spend down is a bitch. Takes everything.
Damn really? I assume you’ve been there awhile?
Yeah. No way I could purchase the house I live in now if I had to buy it today.
Yeah, our mortgage is decent and we’re still paying around $950 for a 3-bedroom.
It’s cheaper than the co-op dues (so taxes + maintenance) that I pay for my 1-bedroom.