4K/month rentals and they have 20 year old fridges and stoves. They could spend 2-3k to buy a new fridge and stove and make the place look much better.
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Cheap bastards
Not sure why people live in overpriced places like NYC. Expensive apartments with bad infra, metro that smells of piss, drug addicts and homeless people harassing you on streets and the weather isn't the best.
Have you thought maybe it’s because they work in NYC?
Have you ever thought that maybe near instant access to culture, food, a large dating pool, nightlife, a good public transit system, unlimited things to do, a healthy and thriving job market allow people to overlook the negatives? I’ve lived in big ass cities, rural as fuck towns in the US, and everything in between. Each place offers something different at a different phase in your life. These kind of blanket judgements are such moronic takes that it makes me wonder if the only thing that pleases people that make them are the smell of their own farts.
Cause people will pay for 4K a month apartments with shit appliances
Just like the other slumlords on Blind
20 year old appliances?! That would make the appliance from 2003. I’d gladly gladly go to an apartment with 20 year old appliances. The problem is they have 30-40 year old appliances!
Exactly.
Cuz ppl will still pay to live there. I moved to the bay area from nyc. Homes here are far shittier than nyc’s. Nyc homes are nice if expensive. Here , shitholes are still damn expensive.
Only when they can’t rent it out anymore will they pay attention to it and decide if making it nicer is worth it or if they just want to lower the rent. To them it’s just passive income.
They are cheap as fuck. Look at the NYC in general. They dont improve things that arent broke. Thats why its a shithole compared to other major countries. Greed and cheap combined
Why would they? You’re willing to pay $4k a month for a place with junky appliances. And I assume you pay your own electric bill so they don’t give a crap about efficiency either. They’ll run those babies until they die.
If it’s ain’t broke
If I were them, I’d upgrade and charge 50/month extra in rent. Most people would take the new appliances and fresh paint at 4050/month over old looking dump at 4000/month. 50/month over 10 years is 6000 which more than covers costs.
If it ain’t vacant why invest