High rent necessary for landlords
In regards to “Renting frustration,” it’s not the public’s responsibility to see to it that things in your life are affordable. It’s up to you to create a situation so that you can afford life. You also stated that you should be able to smoke. I found your money for you. At $10 per pack, smoking one pack a day costs about $3,650 per year. Take that money and rent a better apartment with your $304 each month. Let’s pretend the house I live in is a rental. I carry a mortgage of $120,000 on the house. The mortgage payment is about $550 per month and the taxes are about $450. Let’s not forget the $100 per month for fire insurance. This means the cost to carry our home is around $1,100 per month. I would have to charge $1,100 per month, with the tenants covering utilities, lawn care, and snow removal. Seems expensive right? It’s because it has to be.