Viewing a single comment thread. View all comments

LoneStarTallBoi t1_je13w9i wrote

Reply to comment by objectimpermanence in Tenants Fight Back As Rents Soar In Jersey City And Hoboken by mad_dog_94

Lmao Houston rents have been skyrocketing for more than a decade.

My college apartment that I paid $200 a month for in 2006 is listed now for l 2k a month and it still looks like the windows don't close all the way. You can find cheap rent in Katy or Clear Lake but that's like saying you can find cheap rent in Allentown.

0

JeromePowellAdmirer t1_je1b6zi wrote

Say again with a straight face that Houston rents are as bad as NYC? That's the most hilarious thing I've read all day. Please do tell me where I can buy a 300k house in this area and find a rental for 1100 a month.

9

LoneStarTallBoi t1_je1drlx wrote

Are you lost? Are you illiterate? We're not talking about NYC, we're talking about new jersey, and where did I say that rents in Houston were as bad as nyc?

0

JeromePowellAdmirer t1_je1i4pl wrote

  1. Northern NJ and NYC are in the same housing market. People living in NYC move here all the time (not to mention other states). It's because NYC doesn't build nearly enough for their population.

  2. You disagreed with the statement that "housing is significantly more affordable relative to local incomes in places like Houston" and implied you have to go to Katy to find rent below 2k, which is just completely false and easily disproven with a quick trip to Zillow. Literally yesterday I considered moving to Houston for much cheaper housing prices.

6

LoneStarTallBoi t1_je1s2t4 wrote

You can find plenty of places in the heights for less than 2k, too.

2

JeromePowellAdmirer t1_je1wxqf wrote

The median 1 bed in the heights on Hotpads is 1850, cheapest is 1500.

In Houston the median is 1350 and you can easily find listings for 900-1100 in a walkable area like Montrose. Need to pay 1.5x the price to live in the Heights

3

LoneStarTallBoi t1_je1z152 wrote

Which is about the relation between the respective area median income

0

objectimpermanence t1_je1dwpj wrote

Your $200/month (wtf?) apartment was definitely more of an exception than a rule. Marketwide, rents there haven’t gone up anywhere close to 10x since 2006.

Prices have been going up in Houston, but not nearly as much as they have been in the NYC metro area.

A solidly middle class family earning <$100k in Houston can still afford to own or rent a decent home in a decent neighborhood. Good luck doing that in most other coastal cities where NIMBYs rule the roost.

1

LoneStarTallBoi t1_je1fkzg wrote

That's because Harris County is four times the size of NYC. You can find a decently affordable home out in Paterson, too.

1

objectimpermanence t1_je1o8nc wrote

Paterson is not affordable relative to local incomes. Median household income in Paterson is only $48k, which is less than it is in Houston.

Open up Zillow and you will find very few habitable homes on the market in Paterson for under $300k.

2

LoneStarTallBoi t1_je1rp2j wrote

And south park and Lawndale are also not affordable, relative to local household incomes. You can make a statistic do whatever you want.

1