Alone at last - Page 3

Lakelife62 · ‎05-09-2023

@RetRN wrote:
@Lakelife62 wrote:
@RetRN wrote:
Good grief, how irresponsible are young people nowadays? Can't imagine having to move in with older relatives as adults with a child. So happy that money management was stressed and taught to us as children along with the importance of getting an education so that we could provide for and take care of ourselves.
And look how you turned out.
I am extremely proud of the way I turned out leading a very happy and fulfilled life with many great friends and a great familly. Our family will continue to teach responsibility and a good work ethic to the children. Just thankful I didn't turn out to be a cruel and uncaring person like you.

LOL. I'd rather live with my aunt.

Yick.

RetRN · ‎10-01-2013

Thoughtless posters continue to carry on I see.

As usual, your post doesn't even make sense.

elated · ‎06-09-2010

@Lakelife62 wrote:
Sounds like @chrystaltree 's family members were able to get a rent controlled unit. The state gives tax incentives to make affordable housing available. It's not affordable for just 1 year and then the rent goes to what everyone else pays. It's affordable long term.
At least that's how it works here.
What if those asking "what if" lost a job, got sick, had an unexpected death of a breadwinner, got a divorce, got ripped off in a fake investor scheme? Anything can happen to ANYONE at anytime. You deal with it then.

Rent is based on income. If your income increases, so does your rent. I don't know of any place that you can rent for a lifetime, where your rent remains the same.

lgfan · ‎10-19-2012

@elated

Even if you own a home property taxes and association fees increase throughout the years. I agree with you that nothing remains the same.

RetRN · ‎10-01-2013

@chrystaltree wrote:
@RetRN wrote:
Good grief, how irresponsible are young people nowadays? Can't imagine having to move in with older relatives as adults with a child. So happy that money management was stressed and taught to us as children along with the importance of getting an education so that we could provide for and take care of ourselves.

Honestly, neither of them was all that young. It's what happens when they drift through their twenties living life with not much thought to the future. And then you have a child and then you lose your apartment and the bottom falls out.
The reality is no one can teach anyone anyone anything if they don't want to accept the lessons. Would have been a different story if it hF been just them but there was a young child in the mix. Of course we were going to give her a home. My friend had to take her now 70simething year old mother in after she made some bad financial decisions and squandered her credit rating and her savings.

I understand but I just hope that you didn't enable them for seven years.

Lakelife62 · ‎05-09-2023

@elated wrote:
@Lakelife62 wrote:
Sounds like @chrystaltree 's family members were able to get a rent controlled unit. The state gives tax incentives to make affordable housing available. It's not affordable for just 1 year and then the rent goes to what everyone else pays. It's affordable long term.
At least that's how it works here.
What if those asking "what if" lost a job, got sick, had an unexpected death of a breadwinner, got a divorce, got ripped off in a fake investor scheme? Anything can happen to ANYONE at anytime. You deal with it then.
Rent is based on income. If your income increases, so does your rent. I don't know of any place that you can rent for a lifetime, where your rent remains the same.

Have you heard of rent stabilized apartments? It's a thing.

I don't know what you mean about rent being based on income- unless you're talking about government subsidized housing.

The question being asked is what happens when the lease is up and the rent goes up. The answer is the rent is cotrolled and can't go up so much that it makes it unaffordable. The builder of the complex agreed to make a percentage of the units affordable.

RetRN · ‎10-01-2013

Somebody always has to get the last work I guess. Glad to see we have an expert on rent stabilized apartments here to answer our comments.

Puppy Lips · ‎05-09-2010

@RetRN wrote:
Good grief, how irresponsible are young people nowadays? Can't imagine having to move in with older relatives as adults with a child. So happy that money management was stressed and taught to us as children along with the importance of getting an education so that we could provide for and take care of ourselves.

@RetRN Well that was rather rude. You don't know the full story. And even if you did, everyone has their own journey and path. People make mistakes and get into bad habits, even you. I give the OP credit for helping them out. And congrats to the family for moving out and supporting themselves.

Always remember that you are absolutely unique. Just like everyone else. Margaret Mead

elated · ‎06-09-2010

@Lakelife62 wrote:
@elated wrote:
@Lakelife62 wrote:
Sounds like @chrystaltree 's family members were able to get a rent controlled unit. The state gives tax incentives to make affordable housing available. It's not affordable for just 1 year and then the rent goes to what everyone else pays. It's affordable long term.
At least that's how it works here.
What if those asking "what if" lost a job, got sick, had an unexpected death of a breadwinner, got a divorce, got ripped off in a fake investor scheme? Anything can happen to ANYONE at anytime. You deal with it then.
Rent is based on income. If your income increases, so does your rent. I don't know of any place that you can rent for a lifetime, where your rent remains the same.
Have you heard of rent stabilized apartments? It's a thing.
I don't know what you mean about rent being based on income- unless you're talking about government subsidized housing.
The question being asked is what happens when the lease is up and the rent goes up. The answer is the rent is cotrolled and can't go up so much that it makes it unaffordable. The builder of the complex agreed to make a percentage of the units affordable.

It is rent based upon income. So, if your income goes up so does your rent. I don't know how much but it goes up.

lgfan · ‎10-19-2012

@elated

I know that senior housing works on income base. Some places charge people one fourth of their income. People have to show management proof of income every year. If their income increases so will their rent.