Rent requirements in the US are nuts

Are you not required to have a joint life assurance policy as a condition of a mortgage in the US?

Love how everyone in this subthread are sure they all live in the same country with the same rules and same banking system.

I was never really scared of much until I had a kid.

Consider term life insurance? (Not whole life which is a ripoff.) It's usually pretty cheap for a 20 year policy that'll give you a few hundred grand if the worst happens. Like literally $20-$50/month. I'm not a salesman, don't work in insurance, just a suggestion.

Part of the reason my partner and I don't want kids. It's almost impossible to raise them alone and she has a preexisting condition that she wouldn't want to pass on to them. If she passes away I could always just go live in my car by the beach and be fine. Wouldn't be able to do that very well with a kid.

This is such a bullshit take. I'm not even going to address why because you already know. Yes, I'm sure the place they're talking about with $1600/month rent is fucking Beverly Hills, you jackass. Lmfao

OP's Mortgage: $2600/month

You: "I want to live in Beverly hills... but I can't afford it, so I don't live there."

Out of touch with reality? Check.

Fuck You, and fuck that entire concept

You are a shit human.

No. No you can't. There's only a few bajillion articles since COVID about the unaffordability of housing in all 50 states.

I want to live in Beverly hills… but I can’t afford it, so I don’t live there.

I want to live in Atlantis, but I don't own a submarine, it's fictional, and the Atlantis council simply does not prioritize affordable housing,

112 downvotes goddamn. Lemmings are so much more savage than redditors, i swear to god.

I agree a lot of people are going to need to reevaluate their lifestyle and geography settings in the coming decades. Like mass migration level stuff. It sucks and nobody wants to hear it but that's where we are headed.

Lmao, my PITI is 3300/month and I live in a 1000sqft rambler that’s in ok shape in the first city that’s considered affordable outside of the Seattle region. All my job prospects are here or in similar markets, and rent for something comparable isn’t far behind what I’m paying (was paying $3k/month for a 2 bed apartment before buying last year) for my house.

Are there cheaper markets? Yea. Are there jobs for me in those markets? Lmao, no.

Not sure why everyone is downvoting you. Rural areas are significantly cheaper, assuming you can find a job there. I say this as someone who just built a house in rural Oregon 45 mins outside of PDX

Plus you can help do your part by turning their shitty little red county purple.

The fuck?

This is good option if you can work online. If everyone moves out from cities to countryside the market would stabilize or collapse, meanwhile the countryside would improve and have more amenities, that require more jobs there and other people can move in. It would be hard in the beginning...

PS: I imagine there are no such problems in the countryside yet

I remember the first time I ever saw that video was when I tried playing Enter the Gungeon. I didn't even pirate it. I just screwed up when I was installing some mods lol

Naw, tenants insurance is entirely reasonable in my book. That's not meant for small things. That's meant for huge disasters like if you cause a fire that burns down the entire building. The liability insurance is the only part they usually care about. Fortunately, it's usually relatively cheap, too.

If you didn't have insurance, they'd just need more insurance themselves and they'll pass that buck on to you. At least with renters insurance, you can get some coverage for your personal belongings, too.

Or burn your apartment down (Christmas lights, for example), which you would be on the hook for without insurance. It also covers your stuff if you get robbed. I personally think that it is indespensible.

Another thing they'll do is say "oh no, you don't need renters insurance, we provide you with renters insurance and build it into the price of rent." And then you read through the lease to see what exactly their "insurance" covers and it's basically nothing, so you have to get your own anyways, essentially paying for it twice.

I justify the use of Adobe for professional use cases, like "I have to print a label with a specific set of colors and GIMP has bad CYMK support".
If you have to put a signature where there isn't one or stuff like that, GIMP is more than good for the job and in the meanwhile you're helping a community project to grow.

Can you give an example? The defaults seem perfectly sensible to me.

The other problem is that if it's on your resume, I'm not hiring you.

They don't do that at all anyway, but hey at least the professional landlord class gets to inflict upon you one more indignity for some imagined benefit.

The park adjacent to those buildings has so much dog turd in it you'd think they were purposely producing low quality fertilizer over there.

Nobody's DNA testing dog stool. They can't be bothered to even do routine move out cleanings in those apartments. The whole thing is a giant farcical pretendy power game played out by managers far away designing a system for the benefit of their rentier owners to simultaneously rob renters of their last scraps of dignity and every remaining dime they have in the form of bullshit fees.

Or...They threaten to do this and just keep your $600

It's really the threat that motivates people, and it's the free $600 non-refundable deposit that motivates the landlords.

Surprisingly enough PDF is a (mostly) plain-text format, so you can probably still change the values in Notepad, unless they just did the whole thing as an embedded image or whatever

Edit the contents with the embedded font

Shoutout to krita

Me changing my checking account balance from -$14.33 to -$140000.33

Try 9s instead

Or Abode.

I had 800 credit working fast food because l carried extremely little debt.

Twenty years later, my score is fighting to stay about 750 because I make 6 figures, a few credit cards with zero debt. Because they WANT me to hold onto debt to show my trustworthiness? Fuck that.

Landlords also ask for pay stubs / proof of income.

Yes, but also you don't get good credit by entering into contracts you can't afford. What I can and can't afford are my decision to make.

Just like you can have good credit and low income, you can have high income and be shit with money. It really doesn't prove anything by showing a pay stub.

Experian offers a service called "theworknumber" that will sell you income data to anyone for $60.

You cant opt out because fuck american laws, but you can demand they "freeze" it like credit, so any inquiry is just rejected.

Yeah I'm pretty based

... 4 stars.

Nah that’s just your average landlord

I am willing to take her word over the landlord's.

The absolute necessity squares are too real. Land ownership is evil.

Lol @ "goat alley"

Hang on there scrooge mcduck we don't even have chairs now

There is no issues getting a rented place cause not many people can afford to live there, especially if you are without a partner. Most of the young generation about to start family life (20-30y) rather live with their parents. After the revolution many poeple started building two-generetional houses so it's manageable as long as you have good relationships in family.

Not sure why you're being downvoted, but can confirm: plenty of shoddy landlords that won't check anything. If you want to live in a good (read: expensive) place, though, usually they do.

I haven't rented for a long time, but I have a funny story along those lines.

I was renting a place with two other people. When we applied, we did some amount of contract signing and such.

So one of the people decided to move to another state in the Spring of 2001, but we got a replacement tenant. We walked down to the rental office and mentioned that this new guy was moving in and asked if there's any process to take care of. The office said "it doesn't matter so long as the checks come in". Ok.

So on September 12th, all of a sudden they come to our door and demand why we didn't file paperwork (they noticed in the wake of September 11th that an arabic guy had been writing them checks and knew they were screwed if someone came auditing).

The "culture war" stuff is just their bread & butter for the base that will get them motivated to vote, but their real priority will always be making more money for the investor/owner/donor class. I'm sure this made Trump a heap of money as well, but apparently he needed that sweet sweet classified documents payout on top of that.

That step is unnecessary. You can call your LLC whatever you want. So all the landlord has to know is that you work for "Totally Not A Front LLC". If they don't do their due diligence verifying that it's more than a one person operation, that's on them.

We do, but our verification process include researching the LLC and requiring proof of at least 2 years of business income ( 3 years preferred).

That info isn't private if you're trying to rent somewhere. Proving your ability to pay is pretty fuckin baseline man

And yes this is a fraudulent claim, and if caught can have severe consequences, as it's perjury and can also result in immediate eviction.

This is not a viable option that should be taken seriously. This is a joke on Twitter.

Nobody is forcing you to rent. Landlords have the right to know if their prospective tenants can afford their lease

What's good enough for the aristocracy is good enough for the proletariat.

I hear cake is good.

How do you reconcile those two points though? if rent prices are out of control why is it still reasonable for a landlord to verify affordability? to me it seems they're contributing to the unaffordability (assuming) and then imposing that the tenant then meets this fabricated requirement.

You know the landlords are cheating the system.

I made a fake pay stub to prove I was still working with no gaps in order to get a good job. I have zero remorse.

Whining about people

interesting word choice. you seem defensive. but that's a you problem.

Yup. I’ve always had to provide that.

I'm from CA and moved to the East Coast and can tell you the rental process here is insanely bad regardless of what people from here will tell you. CA has inherently less tenant protections in leases than a lot of places here, that's a fact. your security deposit is probably less safe there. as a normal renter that has a mostly stable life and keeps a nice living area though, it's completely useless. in fact, I prefer it.

here, both NY and MA, brokers here are not outlawed and not culturally taboo here. listen to this as a Californian and tell me how this isn't completely criminal: in NY and MA, you usually need to find a broker. pay them ONE MONTH RENT and all they do is forward you the documents to sign and send emails to the landlord. in California, a lot of these rental practices are just non existent if not illegal. people here will tell you that brokers are great because they can just find a place for you with less work. which is just entitlement. also when you move out, you MUST let brokers show your place. that means they CHANGE YOUR LOCKS and EVERY broker will have a key and free reign to show your apartment whenever theyd like. I'd give all my tenants protections just to not deal with that.

5 years of pay stubs, certification to be able to rent an apartment in the state of New York, annual FBI background check, a clean history showing no travel outside of the United States in the last 10 years, no DUI, certification that you have never owned a television, license to not own a pet, 7 years of tax returns. United States birth certificate not in a red state...

It can be pretty difficult to rent an apartment in New York these days. Not to mention all the fees for above can add up to tens of thousands of dollars per year!

yeah a 1 bedroom apartment here is a couple hundred more than my mortgage is per month, so i'm sure NYC would be double or triple.