Upon inception it was set at $0.25. It is now $7.25.

  • ares35@kbin.social
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    1 year ago

    i live in the boonies, too. rent used to be reasonable for what i got (a shitty little walk up). it has now more than doubled in three years. all by a new building owner. over the twenty years previous (and three other owners), it went up a whole one time for about 10%.

    rents used to be reasonable and stable in this little town, but not anymore. buildings like this are even being pulled off the residential market completely and turned into short-term rentals (they can charge more for a single 3-day weekend rental than they can for a whole month on a residential lease).