MBTA in a state of disrepair. (Boston: rental market, broker, public schools)

[msRB311]

Is anyone surprised by this? I'm not. But yeah it's pathetic. Gone are the days of haggling prices over housing.

[jayrandom]

Originally Posted by massnative71

It's beyond pathetic.

I doubt anyone is doing this because they hate having money. Demand has outstripped supply and we still live in a market economy.

[massnative71]

Originally Posted by jayrandom

I doubt anyone is doing this because they hate having money. Demand has outstripped supply and we still live in a market economy.

For one who's low income, sure. But I doubt they are the ones overbidding on these already overpriced rentals. There is plenty available in the mid range, still (despite the narrative told here). Only a total fool would start a bidding war over a friggin apartment.

[msRB311]

Of course it's not low income people doing this. It's probably city data people doing it lol.

[charolastra00]

Unfortunately, low income folks are absolutely having to do it. Typically that's done by going in on a 2 or 3 bedroom with multiple people. The alternative is not getting housing. I know a few social workers and EMTs who live together but wouldn't be able to afford a studio apartment on their own whose old apartment went up $500 a month. To get another 4 bed apartment that would allow them all to get to their job sites without a car, they ended up offering $100 over asking after visiting dozens of apartments for a Sept 1 lease. This was after they were bumped from housing they thought they had secured because someone came in after them offering more. It's absolutely disgusting.

It's obscene. But you're totally out of touch with renters in eastern Massachusetts if you think it's only wealthy people who do it.

[msRB311]

Low income people are offering over asking on rent?

I think it's just sad that anyone is having to do it

[bostongymjunkie]

Originally Posted by massnative71

For one who's low income, sure. But I doubt they are the ones overbidding on these already overpriced rentals. There is plenty available in the mid range, still (despite the narrative told here). Only a total fool would start a bidding war over a friggin apartment.

And we've certainly seen lower vacancy rates in the city when this didn't happen.

[bostongymjunkie]

Originally Posted by msRB311

Low income people are offering over asking on rent?

I think it's just sad that anyone is having to do it

I wouldn't call working people who are pooling their money to share an apartment as "low income." And I'm thinking that individual example is not fully representative of the problem.

[WestieWhitie]

Originally Posted by msRB311

Low income people are offering over asking on rent?

I think it's just sad that anyone is having to do it

Ironically enough low-income people who are getting hit the hardest are the ones who keep voting for the anti-development clowns.

[Boston Shudra]

Originally Posted by charolastra00

Unfortunately, low income folks are absolutely having to do it. Typically that's done by going in on a 2 or 3 bedroom with multiple people. The alternative is not getting housing. I know a few social workers and EMTs who live together but wouldn't be able to afford a studio apartment on their own whose old apartment went up $500 a month. To get another 4 bed apartment that would allow them all to get to their job sites without a car, they ended up offering $100 over asking after visiting dozens of apartments for a Sept 1 lease. This was after they were bumped from housing they thought they had secured because someone came in after them offering more. It's absolutely disgusting.

It's obscene. But you're totally out of touch with renters in eastern Massachusetts if you think it's only wealthy people who do it.

Tried to rep you!