Is Los Angeles ACTUALLY Unaffordable?
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1300 for 1 bed is still crazy. It used to be like 300
Said by someone who doesn’t rent
He is coming up with solutions for others whats wrong with that?
@CarlosRodriguez-yd5fv no no, there’s no logic allowed here
Idk about you guys but im not going to spend almost half of my monthly income on a one bedroom. That sounds so crazy to me.
Where do you live? Is their a reason your wage is 2600? Im genuinely asking.
I work in Irvine and everywhere within 25miles is $2400 for a 600 sq ft. place. Ahhhhh
@Wholiannnyep I’m in an okay area of London called Wandsworth and live in a 560 sqft one bedroom with my girlfriend and pay £2150 per month which is roughly $2700. I don’t know what exactly Graham is describing as a prime location here but unless it’s a tiny studio, it cannot be that cheap.
$2200 for a 2bdrm in a mid-size city in Ontario, Canada. Plus utilities. So really $2500. Half my monthly take-home. yay me.
People should be able to afford a studio apartment and have their own private space. Having roommates is less privacy
because of privacy…..people want their own space & not need to share…..people are dumb I swear
Yes but the fact is they can live in LA.
Then you don’t care about sacrifice and getting where you want in life.
That’s fine. Don’t cry you can’t live where you want then.
@nickNcarbut they could also move to an adjacent state and have an actual 1 bedroom for the same or less. Unless you are pursuing a very specific industry the reality is you can work up to good pay somewhere else relatively quickly with a lower cost of living
The point he is making is, let’s say you get offered a job in LA and you do want it but you think that the living situation would be too costly. You can find spots, if you willing to make some sacrifices. Not justifying the prices some people are willing to do things that others don’t such as sharing a space.
Then they shouldn’t cry about the price if they can’t afford it as they’re unwilling to agree on the solution
You say that until they use your tooth brush. Lol
I could never live in a big city. 1300 for part of the rent for a one bedroom apartment?! I live in the Midwest and my rent is 1500 for a 3 bedroom house with a finished basement and garage. And it still feels like we’re scraping by.
“why do you need more then a bedroom” is filthy
I’ve rented rooms for most of my life and believe me, there’s other additional costs to renting a room: you’ll likely be eating out a lot more because of lack of a kitchen, wasted time waiting for a shared bathroom, having to wash clothes in a laundromat, renting a PO Box for your mail, renting a storage room for your extras and garage supplies, dealing with parking tickets and having to move your car for street sweepers because you have to park on the street, not being able to have friends or family stay over. It really is a limiting life.
Thank you for sharing. It’s sounds like a rough life for sure but I’m glad you’re able to make it work dude!!
Yeah if you are young or in school, renting a room in a home can make sense. Once you get more money, having your own spaces starts to make more sense.
Could you imagine HUD (Housing Urban Development) department asking people on Section 8 asking to share a space with a stranger?
the way it SHOULD be.
You couldn’t pay me to live in that hell hole.
“Why do you need more than that?” This dudes definitely so out of touch , wow
“Why do you need more than a bedroom” says the multi millionaire who lives in a mansion
£1300 for a bedroom is NOT cheap
I paid 500 a month in AZ for a bedroom and it was a nice house and neighborhood. 4 roommates covered the cost per month. Cali is epensive for 1 bedroom for 1.3k
That’s not a 1 bedroom. That’s just 1 bedroom.
I could tell from the way this guy talks he’s never actually rented
1300 a month is still expensive. Even if you get a whole house from that its expensive.
People really missing the point here. This is a temporary solution that can get you going until moving up. Its mutually beneficial for home owners and people looking for cheap rent, and can be a great way for both to save money and move up in the world at a later date. Ive done this with 9 people in 5 years who have all moved on to much bigger and better things rather than trying to jump right into permanent rent lock on the apartment they wanted at a time but never can afford to move up from. Its not how things should be, but unless you plan on fixing the affordability crisis, you need a place to live and this is a good way to do it for short periods of time. Just be really good about who you pick, its hard to learn who’s actually a good roomate. I have followed grahams advice for years since before I bought into real estate and have dont quite well in a realities short time because of it. If you are offended by this video, I need to remind you that Graham is NOT a political commentator.
privacy but also some of the landlords renting these bedrooms dont include the common areas of the house and have stipulations such as no guest or even as crazy as you have to be home by 10pm. ( Not all but seen some )
Because people don’t wanna share their space what other people they don’t know