Spiky Bugger
Well-Known Member
- Joined
- Jan 5, 2014
- Messages
- 6,309
is finally celebrating about SOMETHING! For a year and a half, she’s been eligible for, AND ACTUALLY DOING THE JOB, she was just officially awarded. Her new “pay scale“ eventually reaches a place that’s $30k/year more than her current salary! That’s not only good, but given the rest of her situation, it’s almost REQUIRED!
Now all she needs is a place to live! Her boyfriend moved in to their current, teeny-tiny, <800 sq. ft. place 18 years ago. She arrived about eight years ago. They stayed because it was crazy-cheap. Boyfriend’s boss sold his company to the parent company, which kept boyfriend and two other employees, all working from their homes. MiniSue’s job also went to work-from-home, so we created an office for her here on our property. His 11-year-old daughter, who is there every other week, had online school last year. She just went back to in-person school, but we expect there will be quarantines any minute. Landlord died and heirs decided to sell in today’s hot market. Property was listed and sold in four days. Appraiser was there this week.
Did I say “hot” real estate market? Their rent has been VERY low and with all the work-from-home stuff they need a third bedroom, so they know there will be a jolt. And with all the “California is a horrible place, so everyone is leaving” talk, you’d THINK landlords would have to LOWER the rent to find renters. But, no. A three bedroom house/condo/townhome, in this town and this school district (important here, where the school district for this town has significantly higher ratings than most of the surrounding towns and the one town that has an even higher rating costs even more) is hard to find and when you DO, it will cost a fortune.
How much is a fortune? Well, there are TWO 3-or-more bedroom, 1.5-or-more bathroom homes for rent right now. The cheap one is $3600/mo. The other one is $4500/mo. (And landlords require that your monthly income is, at least, three time the rent. So there’s that.)
Now all she needs is a place to live! Her boyfriend moved in to their current, teeny-tiny, <800 sq. ft. place 18 years ago. She arrived about eight years ago. They stayed because it was crazy-cheap. Boyfriend’s boss sold his company to the parent company, which kept boyfriend and two other employees, all working from their homes. MiniSue’s job also went to work-from-home, so we created an office for her here on our property. His 11-year-old daughter, who is there every other week, had online school last year. She just went back to in-person school, but we expect there will be quarantines any minute. Landlord died and heirs decided to sell in today’s hot market. Property was listed and sold in four days. Appraiser was there this week.
Did I say “hot” real estate market? Their rent has been VERY low and with all the work-from-home stuff they need a third bedroom, so they know there will be a jolt. And with all the “California is a horrible place, so everyone is leaving” talk, you’d THINK landlords would have to LOWER the rent to find renters. But, no. A three bedroom house/condo/townhome, in this town and this school district (important here, where the school district for this town has significantly higher ratings than most of the surrounding towns and the one town that has an even higher rating costs even more) is hard to find and when you DO, it will cost a fortune.
How much is a fortune? Well, there are TWO 3-or-more bedroom, 1.5-or-more bathroom homes for rent right now. The cheap one is $3600/mo. The other one is $4500/mo. (And landlords require that your monthly income is, at least, three time the rent. So there’s that.)
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